Economy news

Charles Schwab Corp, the largest discount broker in the U.S. financial world, is in talks to buy rival TD Ameritrade, CNBC reported, as profits in the industry come under pressure from a shift to zero commission.

Fiat Chrysler is recalling almost 700,000 SUVs worldwide to fix a problem that can cause the engines to stall.

Amnesty International issued a scathing indictment of the world's dominant internet corporations, arguing in a new report that Google and Facebook should be forced to abandon what it calls their surveillance-based business model because it is "predicated on human rights abuse."

Scotiabank refused to cash two GICs worth $1,500 each bought by Brian Pike in 1991. Bank officials said the institution had no record of the investments even though Pike has the original certificates, which matured in 1992. With interest, Pike is owed $3,240.

A lack of mandatory training in the beauty industry is putting clients at risk of permanent injury, a problem some industry professionals say will continue until the provincial government imposes more regulation.

Canada is defending measures it has taken to protect critically endangered North Atlantic right whales, as political pressure — and blame — mounts from the United States in the wake of a rash whale deaths in Canadian waters in 2019.

Export pipelines out of Western Canada are running at full capacity and now, operators are finding ways to squeeze more oil through those pipes.

General Motors is suing Fiat Chrysler, alleging that its crosstown rival got an unfair business advantage by bribing officials of the United Auto Workers union.

Metro Inc. ended its fiscal year with net earnings rising 15.4 per cent to $167.4 million in the fourth quarter on higher revenues.

Toronto-based law firm Diamond & Diamond is spearheading a $500 million class action lawsuit against various Roundup makers, including pharmaceutical company Bayer, the owner of Roundup maker Monsanto.  

Energy company Pembina Pipeline Corp. said it has received approval from the Canadian Competition Bureau on Wednesday, to buy Kinder Morgan Canada Ltd

Disney says its new Disney Plus streaming service doesn't have a security breach, but some users have been shut out after hackers tried to break into their accounts.

Statistics Canada says the annual pace of inflation held steady in October as the consumer price index rose 1.9 per cent compared with a year ago, matching its moves in August and September.

The Middle East's biggest carrier, the Dubai-based Emirates, announced on Wednesday a firm order for 30 Boeing 787 Dreamliners in a deal valued at $8.8 billion.

The consolidated Canadian general government—federal, provincial–territorial and local governments combined—recorded a surplus of $1.6 billion in 2018, compared with a deficit of $11.6 billion in 2017.

Chinese e-commerce giant Alibaba Group raised up to $12.9 billion US in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale.

The world's major fossil fuel producers are set to bust global environmental goals with excessive coal, oil and gas extraction in the next decade, the United Nations and research groups said on Wednesday in the latest warning over climate crisis.

Nearly a third of the closures are in Quebec, where 12 stores are closing. Nine stores will be cut in Ontario, with six in Alberta, three in Nova Scotia, three in British Columbia, and one in Saskatchewan.

Thriving black markets mean kids have easy access to pot. Governments could do more to squeeze out the crooks.

There is pressure on the federal government to reconvene Parliament ahead of schedule and end the CN Rail strike, as industry groups tally up potential losses resulting from the work stoppage and raise concerns about the harm caused to the country's reputation abroad.

The head of the new organization tasked with replacing Tarion says he plans to take the auditor general's scathing criticism into account as he overhauls the province's home-building industry, but critics still have their doubts anything will change.

Wheat and canola farmers are concerned about their financial well-being without trains to move their crops to market this season.

Canadian Energy Research Institute is flagging the potential risk of a trade deal between the U.S. and China should American producers become the preferred oil and gas suppliers to Asia's economic giant.

The Toronto Star is shutting down its Star Metro newspapers across Canada. The last print editions in Halifax, Vancouver, Calgary, Edmonton and Toronto are to be published Dec. 20.

The Toronto Star is shutting down its Star Metro newspapers across Canada. The last print editions in Halifax, Vancouver, Calgary, Edmonton and Toronto are to be published Dec. 20.

Ongoing court challenges and taller regulatory hurdles that are delaying or preventing new energy pipelines mean TC Energy Corp. will focus its growth on organic expansions going forward, CEO Russ Girling said Tuesday.

European budget airline easyJet says it will become the first major carrier to operate net-zero carbon flights, offsetting carbon emissions from the fuel used on every flight.

European budget airline easyJet says it will become the first major carrier to operate net-zero carbon flights, offsetting carbon emissions from the fuel used on every flight.

Boeing's 737 Max jet got another boost at the Dubai Airshow on Tuesday, this time with an order from Kazakhstan's newly-launched budget carrier as the Chicago-based company works to try and win U.S. regulatory approval to get the airplane back in the sky by early next year.

Statistics Canada says manufacturing sales fell 0.2 per cent in September to $57.4 billion, weighed down by a drop in the petroleum and coal product and the motor vehicle parts industries.

The clock has run out on President Donald Trump's authority to impose Section 232 tariffs on imports of foreign-made cars and auto parts, and he may have to find other means if he wants to pursue tariffs on European or Japanese cars, legal experts say.

In 2017, because of changes in investment patterns, the share of Canadian non-residential capital stock's remaining useful service life edged down 0.3 percentage points to 65.4%—its lowest level since 2012.

Experimental estimates of Canada's international trade in services are now available upon request. This release includes data for September, as well as revised data for January 2007 to August 2019.

The United Auto Workers union on Monday turned its bargaining focus to Fiat Chrysler, raising the possibility of another strike against a Detroit automaker.

The test area is aimed at testing communication and sensor technology in a live urban environment "without impacting live city service."

Sellers of second-hand clothes are enjoying a boom in business right now in part, they say, because consumers' growing concern about the environment is leading them to turn away from the fast fashion industry, with its throwaway garments and carbon footprint.

Ottawa has urged Canadian National Railway Co. and the Teamsters Canada Rail Conference to continue negotiating as the roughly 3,200 conductors, trainpersons and yard workers went on strike.

About 3,200 Canadian National Railway conductors, trainpersons and yard workers are on strike after the union and company failed to reach a deal by the midnight ET deadline.

About 3,200 Canadian National Railway conductors, trainpersons and yard workers are on strike after the union and company failed to reach a deal by the midnight ET deadline.

Chick-fil-A is ending donations to three groups that oppose same-sex marriage in an effort to halt protests and broaden its customer base.

Two B.C. First Nations are suing Rio Tinto Alcan, B.C., and Canada over 67 years of what they see as damage to the Nechako River, a major tributary of the Fraser.

Two B.C. First Nations suing one of the world's biggest mining companies over a northern river say they want Rio Tinto Alcan to dismantle a major dam built 67 years ago.

The provincial legislation tabled Monday stems from a months-long gas price inquiry ordered by the NDP government.

The provincial legislation tabled Monday stems from a months-long gas price inquiry ordered by the NDP government.

President Donald Trump summoned Federal Reserve Chairman Jerome Powell to the White House on Monday to discuss the economy and interest rates — issues on which Trump has repeatedly attacked the Fed.

Canada's Liberal government sent two ministers on Monday to meet with representatives of Canadian National Railway and its largest union, as already hard-hit shippers pleaded for government intervention to avert a strike planned for early on Tuesday.

An oil spill from the Keystone pipeline in eastern North Dakota has affected almost 10 times the amount of land as first reported.

Airbus nailed down $30 billion US in new plane orders on the second day of the Dubai Airshow after previous rounds of the biennial showcase saw its competitor Boeing take the lion's share of deals.

Reality TV star Kylie Jenner is selling a stake of her beauty brand to Coty, the owner of CoverGirl makeup.

Canada's $1.6-billion bailout for Alberta's battered oil industry is well underway, but with little transparency about who is getting the money and for what.