CBC Business News

Subscribe to CBC Business News feed CBC Business News
Updated: 1 hour 39 min ago

Travel deals are here but should you book now?

Sun, 05/09/2021 - 01:00

Several travel providers are offering deals to entice Canadians to book now for a future trip — once it’s deemed safe to travel. But some travel experts warn that the pandemic isn't over and could still jeopardize future travel plans.

Young people forced to get creative as COVID-19 disrupts summer job plans yet again

Sat, 05/08/2021 - 01:00

When it comes to jobs, young people have been hit hard by the pandemic. New data from Statistics Canada finds 101,000 jobs were lost for those aged 15-24 in April. That's setting up a tricky summer for many young people who typically rely on finding work in restaurants, hotels and summer camps.

Amazon postpones Prime Day in Canada due to COVID-19 outbreaks

Fri, 05/07/2021 - 12:30

Amazon's annual Prime Day marketing event in Canada has been put on hold this year amid ongoing COVID-19 outbreaks at its facilities in Ontario's Peel Region.

America faces employment conundrum amid COVID-19 reopening — not enough workers

Fri, 05/07/2021 - 06:58

America's employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers as the economic recovery strengthens.

New COVID lockdowns took a big bite out of Canada's job market last month

Fri, 05/07/2021 - 05:50

Canada's economy lost 207,000 jobs in April, as a new round of government-ordered lockdowns forced businesses to lay off workers.

Tourism in Ontario's Prince Edward County is booming. If only staff could afford to live there

Fri, 05/07/2021 - 01:00

Small business owners in Prince Edward County are now routinely arranging or offering housing to try to secure summer staff who would otherwise be priced out of its booming housing market.

Canadian dollar tops 82 cents for 1st time since 2017

Thu, 05/06/2021 - 12:33

The Canadian dollar hit its highest level in almost four years on Thursday, buoyed by high commodity prices.

'Big reset' called for debt-ridden N.L. with release of ground-shaking economic report

Thu, 05/06/2021 - 07:40

Moya Greene, chair of the premier's economic recovery team, delivered a no-holds-barred report Thursday that lays out a five- to six-year plan to reimagine Newfoundland and Labrador — proposing everything from tax increases and deep spending cuts to a streamlining of the public service to privatization.

The future of a post-divorce Gates Foundation — and whether those who rely on it should worry

Wed, 05/05/2021 - 14:42

Ending a marriage is always hard on the dependents — and Bill and Melinda Gates have a lot of them. Here's a look at the future of the multibillion-dollar Gates Foundation and whether the organizations that depend on its largesse should be worried.

Peloton recalls 2 treadmills — 1 for injuring children, 1 for falling touch screens

Wed, 05/05/2021 - 09:07

Peloton is recalling its treadmills, including about 5,400 in Canada, due to safety issues. One model, not available in Canada, has made headlines for pulling children and pets underneath it, while the model sold in Canada has a screen that can come loose and fall to the ground.

Toronto's real estate market remains hot, but shows first signs of cooling

Wed, 05/05/2021 - 07:17

While sales remained strong, the Toronto Regional Real Estate Board called it a "marked slowing" and said it signals a pullback in activity in a market that has been overheating since last year, despite the ongoing health crisis.

Facebook's oversight board upholds Trump suspension, but says company must revisit decision

Wed, 05/05/2021 - 06:19

The Facebook Oversight Board has upheld the decision by the social media giant to suspend former U.S. president Donald Trump's account, though it also had criticism for the company's policies. 

When will the Canada-U.S. border reopen?

Wed, 05/05/2021 - 01:00

Day trips to the U.S. are a thing of the past. Canada-U.S. relations experts cautiously estimate the border could reopen in the fall, but it might be more complicated than it seems.

More than 500 air passengers fined for defying hotel quarantine rules after landing in Vancouver and Toronto

Tue, 05/04/2021 - 01:00

The federal government has doled out more than 500 fines to air passengers who refused to quarantine in a hotel upon arrival in Canada. But there appears to be no evidence of any fines being issued to passengers who landed in Calgary and Montreal, two of four cities where international flights are currently allowed to land. 

Fire, flood, COVID and the oil crash: Fort McMurray businesses aim to bounce back from hard luck

Tue, 05/04/2021 - 01:00

Fort McMurray, Alta, has seen it all in the last decade — fire, flood, a pandemic and an economic downturn. Businesses are hoping better days are ahead.

Tilray-Aphria merger closes, expanded company to control biggest share of Canadian pot market

Mon, 05/03/2021 - 14:26

Canadian cannabis companies Tilray Inc. and Aphria Inc. say their merger deal has now closed after receiving approval from shareholders of both companies.

Bill Gates, Melinda Gates announce end of their marriage

Mon, 05/03/2021 - 14:08

Bill Gates and Melinda Gates announced in a joint statement on Monday that they have made the decision to end their marriage.

Verizon sells AOL and Yahoo to private equity fund Apollo for $5B

Mon, 05/03/2021 - 10:48

AOL and Yahoo are being sold again, this time to private equity firm Apollo Global Management, for $5 billion.

Edmonton-born Greg Abel picked as Warren Buffett's successor as Berkshire Hathaway CEO

Mon, 05/03/2021 - 07:41

Warren Buffett, the Oracle of Omaha, has named his successor, and the man he's picked was born and raised in Edmonton. However, Buffett has not indicated any plan to leave his post.

Wealthsimple valued at $5B after fresh round of investor cash, including from Canadian celebs

Mon, 05/03/2021 - 06:41

Millennial focused money managing firm Wealthsimple has raised another $750 million, bringing its total value to $5 billion.


Back to Top

Communities Served

Burns Lake, Granisle, Houston, Telkwa, Topley, Smithers


Community Futures Nadina
2430 Butler Avenue, Unit A
PO Box 236
Houston, BC
V0J 1Z0

T: 250.845.2522