Investor ​G3 Global Grain Group taking over former Canadian Wheat Board

A newly established agribusiness partnership based in Winnipeg has been selected as the majority investor for the former Canadian Wheat Board.  CWB's search process concluded early, with a $250-million investment from G3 Global Grain Group....

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Narendra Modi visit: Why India matters to Canada

Canada welcomes Indian Prime Minister Narendra Modi for a three-day visit. CBCNews.ca will have live coverage throughout the day, including events in Ottawa and a major Modi speech before a large crowd in Toronto at 7:30 p.m.  For two countries...

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Average Canadian house price climbs 9% to $439,144 in March from year earlier

The average price of a Canadian home sold in March increased by nine per cent compared with the same month a year earlier, rising to almost $440,000. The average house price was $439,144, and actual home sales activity rose 9.5 per cent above March...

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Adios, Canadian-made Corolla: it's going to Mexico

Toyota will spend $1 billion to invest in an assembly plant in Guanajuato, Mexico, and move production of its popular Corolla sedan there from another plant in Cambridge, Ont. The Mexican factory will have the capacity to crank out 200,000 cars a year,...

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Bank of Canada stands pat at 0.75% rate, saying growth has stalled

The economic pain inflicted by plunging oil prices is hurting the country more than expected right now, but that pain should start to ease in the next few months, the Bank of Canada said in its latest forecast. Unlike what the bank did in...

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Ottawa's latest wireless spectrum auction kicks off today

The federal government's auction of 2500 Mhz wireless spectrum started at 10 o'clock eastern time on Tuesday, and some of Canada's wireless companies could be poised to buy the building blocks to expand and improve their networks. Wireless spectrum...

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Kim Dotcom Megaupload case falters over sharing Canadian data

More than three years have passed since Canadian police seized 32 Megaupload-related servers on behalf of U.S. authorities seeking to prosecute company founder Kim Dotcom in one of the world's largest copyright infringement cases. Still, no one...

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CanJet Airlines to lay off most of its staff, as European routes dropped

​CanJet Airlines will lay off 47 pilots and 68 permanent and seasonal flight attendants by May, after cancelling its European routes, CBC News has learned. The cuts total more than 70 per cent of the charter airline's flying staff. CanJet currently...

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Almond backlash tied to California drought

Health advocates have been extolling the benefits of almonds for years. And, increasingly, products like almond milk and almond butter are taking up space on kitchen shelves. But there is a movement in California discouraging almond...

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Hackers get lots of help from careless victims, studies show

When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication of the attack. If hackers are portrayed as well-funded geniuses, victims look less vulnerable, security firms can flog their products...

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It's not just your imagination — flying really is getting worse every year

Think flying is getting worse? A pair of university researchers who track the airline business say it's a fact. More flights are late, more bags are getting lost, and customers are lodging more complaints about U.S. airlines, government data shows....

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Alamos Gold, AuRico Gold to merge in $1.5B US deal

Two Canadian mid-sized gold companies say they have a $1.5-billion US friendly deal to merge, creating a business with operating mines in Ontario and Mexico and a minority stake in a spinoff company working on a project in British Columbia. Alamos...

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Pitt Meadows Meats expected to plead guilty in E. coli case

Pitt Meadows Meats is expected to plead guilty on Monday to at least one count of selling E. coli-tainted meat in 2010, CBC News has learned.  Pitt Meadows Meats is expected to plead guilty on Monday to selling E coli tainted meat in...

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Why Stephen Poloz can't fix a weak economy: Don Pittis

Everyone knows the bit of folk wisdom "If it ain't broke, don't fix it." But as the economies of China, Japan, Europe and North America coast in neutral, that may be part of the problem. The latest employment numbers from Canada...

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Chinese exports plunge prompt fears of slowing growth

China's trade contracted in March by an unexpectedly wide margin, adding to expectations that Beijing will launch new stimulus to shore up weakening growth in the world's second-largest economy. Exports fell 15 per cent compared with a year earlier...

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California drought to squeeze produce prices, but so will other factors

Drought may have gripped California's agricultural heartland for a fourth consecutive year, but it's not the only factor putting pressure on imported produce prices at the supermarket. More than 93 per cent of the state is currently experiencing "severe"...

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Revenue Canada targets Steelworkers charity for political activities

A union-backed charity that wants Canadian mining companies held accountable for overseas misdeeds is among the latest to be targeted by the Canada Revenue Agency for political activities. The Steelworkers Humanity Fund Inc. is still awaiting a verdict...

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Ontario to sign cap-and-trade agreement with Quebec to reduce carbon emissions

Companies can cap their greenhouse gas emissions or buy credits from others By Margo McDiarmid, environment reporter, CBC News Posted: Apr 10, 2015 6:05 PM ET Last Updated: Apr 11, 2015 6:21 PM ET Provincial climate change action...

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Parents funding kids' houses & Big Brother watching you drive : BUSINESS WEEK WRAP

Without a doubt, the most popular story we brought you this week was this one, based on a report from mortgage insurer Genworth on Monday, that shows as many as one in three first time homebuyers in Canada are getting help from their parents to come...

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Paying for YouTube: The next experiment in the TV revolution

Would you pay to watch YouTube videos, uninterrupted by advertising? That's a question a lot of business analysts — and users — are now pondering, as reports emerge that Google's video-streaming site is in the process of launching an as-yet-unnamed...

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California drought to squeeze produce prices, but so will other factors

Drought may have gripped California's agricultural heartland for a fourth consecutive year, but it's not the only factor putting pressure on imported produce prices at the supermarket. More than 93 per cent of the state is currently experiencing "severe"...

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Parents funding kids' houses & Big Brother watching you drive : BUSINESS WEEK WRAP

Without a doubt, the most popular story we brought you this week was this one, based on a report from mortgage insurer Genworth on Monday, that shows as many as one in three first time homebuyers in Canada are getting help from their parents to come...

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Should you pay if you get an illegal download notice?

Canada's crackdown on illegal downloading is in full swing, with more and more Canadians reporting that they're receiving notices from their internet service providers. The notices say they could be on the hook legally for downloading copyrighted...

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