CBC - Business (2 days ago)
Canada's food regulator has fined a Loblaw-owned store $10,000 for promoting imported food as a "Product of Canada.” The Canadian Food Inspection Agency says the Toronto store used "maple leaf advertising decals” as part of an in-store display to promote a foreign product.
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Meta CEO and billionaire Facebook founder Mark Zuckerberg is set to be questioned for the first time in a U.S. court on Wednesday about Instagram's effect on the mental health of young users, as a landmark trial over youth social media addiction continues.
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Weeks after Ottawa announced that it would allow a limited number of Chinese-made vehicles into the Canadian market, some have warned that the move puts data privacy at risk. But that might not be a significant turn-off for consumers who are in the market for a new car.
ReadCBC - Business (A week ago)
For decades, Cuba's tourism sector has enjoyed a reputation as an "economic locomotive" among authorities who saw it as the lifeblood of the Caribbean island country's economy. But the industry has been in decline since its 2018 peak, and the U.S. government squeezing Cuba's oil supply has pushed the nation's most crucial industry closer to its...
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Despite the U.S. trade war and President Donald Trump's threats to Canadian sovereignty, this country's biggest pension funds remain heavily invested in the U.S. The Canada Pension Plan announced this week that it has grown to a record $780.7 billion in assets, with 47 per cent invested in the U.S., compared to only 13 per cent in Canada.
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A survey of Restaurants Canada members found that 44 per cent of respondents were either operating at a loss or just breaking even — up from 2019 when only 12 per cent of respondents were in that same financial position. Restaurateurs and experts say less traffic at restaurants and rising costs are making it hard to do business.
ReadCBC - Business (2 weeks ago)
Andrew Chang explains why U.S. President Donald Trump's proposed 10 per cent interest rate cap on credit cards may cause more harm than good, and why the major banks are pushing back.Images provided by The Canadian Press, Reuters, Getty Images and Adobe Stock
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