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Epic Games and Apple are heading to court. Experts say the case could mean big changes for consumers

Mon, 05/03/2021 - 01:00

As a lawsuit between the gaming powerhouse behind Fortnite and Apple heads to court, its outcome could mean big changes for how consumers buy content on their devices, according to experts.

Customer records 3 Bell reps offering same deal, then is told he can't have it

Mon, 05/03/2021 - 01:00

Despite documenting three different sales reps making him the same offer, an Ontario man was later denied that same deal by Bell Mobility, which said the offer didn't exist. The man is one of thousands of telco customers who say they were misled.

How offering employees paid sick leave can pay off for businesses

Mon, 05/03/2021 - 01:00

Amid a growing push for paid sick days from doctors and nurses, public health officials, mayors, unions and others, some companies that already offer sick leave to their essential workers say the practice can be good for business.

Buyers fed up with blind bidding, other shenanigans in red-hot real estate market

Sat, 05/01/2021 - 01:00

From low rates, to demand for more space, there are many reasons why Canada's housing market has been red hot during the pandemic. Buyers and realtors say doing away with blind bidding and other dubious practices would be a step in the right direction for affordability and fairness.

GDP numbers show Canada's economy is bouncing back, even as COVID-19 maintains its iron grip

Fri, 04/30/2021 - 06:39

Canada's economy expanded at a 6.5 per cent pace in the first three months of 2021, as the service sector is showing signs of coming out of the COVID-19 doldrums even as large parts of goods-producing industries are still lagging.

$716K is the average house price in Canada. Here's what you can get for that

Thu, 04/29/2021 - 09:39

Canada's red-hot housing market continues to defy expectations, with the national average price sitting at $716,828. But what you get for that amount varies greatly from city to city.

U.S. economy grew at 6.4% pace to kick off 2021

Thu, 04/29/2021 - 07:41

Powered by consumers, the U.S. economy grew at a brisk 6.4 per cent annual rate last quarter — a show of strength fuelled by government aid and declining viral cases that could drive further gains as the country rebounds with unusual speed from the pandemic recession.

Travel company Transat AT reaches $700M aid deal with Ottawa

Thu, 04/29/2021 - 04:52

Travel company Transat AT Inc. says it has reached a deal with Ottawa to borrow up to $700 million.

U.S. Federal Reserve's Jerome Powell issues caution on housing, rejects inflation warnings

Thu, 04/29/2021 - 01:00

Despite being urged to begin reducing stimulus, Jerome Powell says the Fed will go full speed ahead on bond-buying and still has no thought of cutting stimulus until jobs see a full recovery.

U.S. keeps ultra-low interest rate policies in place, but nods to 'strengthened' recovery

Wed, 04/28/2021 - 12:18

The U.S. Federal Reserve held interest rates and its monthly bond-buying program steady on Wednesday, nodding to the U.S. economy's growing strength but giving no sign it was ready to reduce its support for the recovery.

Shopify beats first-quarter expectations as e-commerce continues rapid expansion

Wed, 04/28/2021 - 09:07

In the first quarter, Shopify's revenue soared 110 per cent to $988.6 million US — above analysts' average estimate of $865.5 million. The company reiterated its stance that e-commerce growth will continue.

Retail sales up 4.8% in February, boosted by car dealers, gas stations

Wed, 04/28/2021 - 06:55

Statistics Canada says retail sales rose 4.8 per cent to $55.1 billion in February, led by gains at motor-vehicle and parts dealers and gasoline stations.

'Bad things happening' in Ontario real estate market as homebuyer complaints surge

Wed, 04/28/2021 - 01:00

With an overheating Ontario housing market, "bad things are happening," says one agent. But those bad things are hard to prove.

Federal pledge to publicly disclose who owns some private companies catches provinces off-guard

Wed, 04/28/2021 - 01:00

Ottawa says it's taking aim at financial crime with its pledge in last week's budget to create a publicly accessible database of the true owners of private companies. But experts say the change will be toothless without the support of the provinces and territories.

It's not just you — scammers are targeting Rogers customers hit by outage with bogus refunds

Tue, 04/27/2021 - 11:47

Scam artists have been using last week's wireless outage at Rogers Communications Inc. as a way to trick people into clicking on fraudulent links.

Low rates on student loans have some thinking it's a better idea to invest than pay them down

Tue, 04/27/2021 - 07:34

When the federal government set the interest rate for federal student loans at zero and provincial interest rates were set at a low 3.5 per cent in Ontario, Chantelle Gubert decided it was a perfect opportunity to divert more money toward her long-term savings.

Ottawa tables legislation to send striking Port of Montreal workers back on the job

Tue, 04/27/2021 - 07:29

Federal Labour Minister Filomena Tassi has tabled back-to-work legislation for the Port of Montreal — as 1,150 dock workers have been on strike since Monday morning, halting operations at one of the country's busiest ports and threatening the supply chains of thousands of businesses.

Here's what you need to know about Apple's new app privacy policy — and why Facebook doesn't like it

Mon, 04/26/2021 - 10:33

Apple Inc. rolled out a software update for its mobile devices on Monday that gives users the option to stop apps from tracking their location and sharing other identifying information with third parties.

Bell offered to buy Shaw but backed out, opening door for Rogers to finalize $26B takeover

Mon, 04/26/2021 - 07:02

Telecommunications giant BCE Inc. made an offer to buy smaller rival Shaw before abandoning the plan due to fears regulators would block the deal, documents reveal.

Montreal port strike imperils supply chains across Canada, Ottawa poised to legislate end to dispute

Mon, 04/26/2021 - 06:23

Monday's strike at Montreal's port was the second labour dispute there in less than a year. The federal labour minister signalled on Sunday she was prepared to legislate an end to the work stoppage.

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