Economy grows more than expected in January

The Canadian economy grew by a better-than-expected 0.5 per cent in January, rebounding from December's weather-induced shrinkage. Many economists were expecting to see growth of between 0.3 and 0.4 per cent, even though January had a few of its...

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What do new BlackBerry phones, desktop BBM mean for the company?

(Geoff Robins/Canadian Press) Join tech analyst Carmi Levy and CBC Kitchener-Waterloo online host Andrea Bellemare in a noon live chat on Monday, March 31 about what's next for smartphone maker BlackBerry. BlackBerry posted a $423 million...

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Cheapest house in Vancouver on sale today, listed at $600K

Only in Vancouver would a $600,000 house be considered a deal, but in a city of million-dollar homes, a 100-year-old blue house on Clark Drive stands out. The home, listed for $599,000, is the cheapest listing in the city right now. (CBC) The 1,951-square-foot,...

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Cost to mail a letter soars 35% today

The cost of mailing a first-class letter within Canada went up to 85 cents today — a 35 per cent jump from the 63 cents it cost yesterday. But the 85-cent rate is only available if stamps are purchased in a pack. If you want to buy just one stamp,...

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Toyota workers in Cambridge, Woodstock to vote on joining Unifor

Workers at Toyota's Ontario plants in Cambridge and Woodstock will vote next week on whether to join Unifor, which would make them the first unionized Toyota plants in North America. Unifor says it filed has an application with the Ontario Labour Relations...

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BlackBerry CEO John Chen on his turnaround strategy

John Chen has an enviable track record as a turnaround specialist for troubled tech companies. But the 58-year-old Hong Kong native knew he'd really have his work cut out for him when he assumed the role of CEO at BlackBerry, one of Canada's most iconic...

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BlackBerry loses $423M in last quarter as revenue plunges

BlackBerry reported a steep drop in revenue and a widening loss as sales of its smartphones continue to slide. The smartphone maker says it lost $423 million US in the fourth quarter of fiscal 2014, as revenue for the three-month period fell to $976...

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Mark Carney wanted orbiting Chris Hadfield at $5 polymer note unveil

Remember the Bank of Canada's unveiling event for the $5 and $10 polymer bank notes? The one where Canada's first commander of the International Space Station, Chris Hadfield, was beamed in live — floating $5 note and all? New documents obtained by...

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'Zapper' in crosshairs as taxman targets high-tech tax evasion

The federal government is hoping that new rules will help fight the shadowy problem of electronic tax evasion in restaurants and retail stores across the country. Software known as a "zapper" or phantomware allows businesses to erase...

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Real estate sales seem on hold ahead of Quebec election, agents say

The Quebec election has real estate agents on both sides of the Quebec-Ontario border agreeing on one thing: the market is on hold as home buyers await the outcome. Realtors say a Parti Québécois majority on April 7 likely wouldn't result in the kind...

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GM expands recall of small cars over ignition switch defects

General Motors Co is adding 971,000 cars to its global ignition switch recall, which began in February with 1.6 million vehicles and has been linked to a dozen deaths. GM said the recall is being expanded to include versions of the Chevrolet Cobalt,...

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BlackBerry loses $423M in last quarter as revenue plunges

BlackBerry reported a steep drop in revenue and a widening loss as sales of its smartphones continue to slide. The smartphone maker says it lost $423 million US in the fourth quarter of fiscal 2014, as revenue for the three-month period fell to $976...

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Inuit gather in Iqaluit for pro-sealing, anti-Ellen #sealfie

Five-year-old Igimaq Williamson Bathory in his seal skin jacket. (CBC) About 30 people at the Four Corners in downtown Iqaluit dressed in their best sealskin clothes to shoot a "#sealfie." At the Oscars, DeGeneres' selfie with a throng of celebrities...

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BlackBerry CEO John Chen on his turnaround strategy

John Chen has an enviable track record as a turnaround specialist for troubled tech companies. But the 58-year-old Hong Kong native knew he'd really have his work cut out for him when he assumed the role of CEO at BlackBerry, one of Canada's most iconic...

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Mark Carney wanted orbiting Chris Hadfield at $5 polymer note unveil

Remember the Bank of Canada's unveiling event for the $5 and $10 polymer bank notes? The one where Canada's first commander of the International Space Station, Chris Hadfield, was beamed in live — floating $5 note and all? New documents obtained by...

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Credit card fees 'civil conspiracy', class action lawsuit says

A class action lawsuit alleging Canada's major banks and credit card companies are engaged in a "civil conspiracy" involving credit card fees, has been certified by the B.C. Supreme Court, allowing it to proceed. The class action lawsuit  was filed...

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Unpaid internship crackdown won't ease young jobseekers' suffering

For labour-rights crusaders seeking to protect Canadian youth from being exploited, it was a victory. For some unpaid keeners grateful for a chance to pad their resumes in a grim job market, it was a shame. Either way, students say they'll continue...

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BlackBerry loses $423 million in Q4 as revenue plunges

BlackBerry reported a steep drop in revenue and a widening loss as sales of its smartphones continue to slide. The smartphone maker says it lost $423 million US in the fourth quarter of fiscal 2014, as revenue for the three-month period fell to $976...

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CP Rail boss Hunter Harrison blasts grain backlog legislation

Canadian Pacific Railway is blasting the federal government's attempt to legislate a solution to the grain transportation backlog as unfair and potentially harmful to the economy. Legislation introduced this week will do nothing to boost capacity in...

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U.S. closes investigation into Tesla electric car fires

New The Associated Press Posted: Mar 28, 2014 11:16 AM ET Last Updated: Mar 28, 2014 11:16 AM ET The U.S. government's auto safety watchdog has closed an investigation into Tesla electric car battery fires after the company agreed...

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BMO slashes 5-year mortgage rate to 2.99%

The Bank of Montreal is slashing its five-year fixed-rate mortgage to levels that caused former finance minister Jim Flaherty to express concerns last year. The bank says it will offer a five-year rate of 2.99 per cent, down from 3.49 per cent....

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IMF offers Ukraine $18B US in loans in bid to stem economic collapse

The International Monetary Fund on Thursday promised to loan between $14 billion US and $18 billion US to Ukraine's fledgling government, which is struggling to keep the country's economy afloat amid mounting debts. Ukraine had faced three months of...

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Ontario, First Nations ink framework deal on Ring of Fire region

The Canadian Press Posted: Mar 27, 2014 8:30 AM ET Last Updated: Mar 27, 2014 8:30 AM ET The Ontario government says the signing of a framework agreement with First Nations in the mineral-rich Ring of Fire region is an important "first...

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Lululemon says it is 'humbled' by missteps, looks to grow

Lululemon says its profit held steady during the all-important holiday season. (Jonathan Hayward/The Canadian Press) Lululemon Athletica Inc. said Thursday it had been humbled by recent missteps and would look to grow and strengthen going forward,...

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U.S. Q4 growth revised higher

The U.S. economy grew at a 2.6 per cent annual rate in the October-December quarter, slightly more than previously estimated, as consumer spending rose at the fastest pace in three years. The fourth-quarter growth rate was a bit stronger than the 2.4...

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Lost smartphones usually probed for private data

The odds of having a lost cellphone returned are just a little better than 50/50, while the chances of it being probed by its finder are close to 100 per cent, according to the results of an experiment conducted in six Canadian cities. Security software...

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Google Glass partners with Ray-Ban maker Luxottica

Luxottica, the maker of Ray-Ban sunglasses, has struck a deal to design, develop and distribute glasses based on Google's Internet-connected Glass eyewear, potentially bringing the new technology to a wider market. Google Glass is a small stamp-sized...

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Ukraine in talks with IMF for $15-20B loan package

Finance minister expects Ukraine's economy to shrink by 3 per cent this year Thomson Reuters Posted: Mar 25, 2014 9:47 AM ET Last Updated: Mar 25, 2014 9:47 AM ET Ukraine, its economy seriously weakened by months of political turmoil...

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Vancouver port truckers strike endangering meat exports

B.C.'s meat producers say the container truckers strike at Port Metro Vancouver is killing export sales and they are worried they'll lose international clients for good if the strike does not end soon. Roughly half of Canadian beef and pork products...

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