Economy

Meta Platforms to Pay $18B in Settlement Over Child Safety Violations

Meta Platforms has agreed to alter Facebook and Instagram significantly and pay up to $18 billion US to settle claims made by various states in the United States. The...

“Canadian Business Faces Strain Amid Trade Conflict”

Derek Friesen, the owner of an agricultural equipment manufacturing company in Manitoba, shares how the recent Canada-U.S. trade...

Canada’s Major Banks Optimistic Amid Escalating Trade Conflict

Canada's major banks are shielded from direct tariff expenses, yet their extensive loan portfolios, valued at trillions of...

“Loblaw Reinstates Country-of-Origin Labels on Produce”

Loblaw has decided to reinstate country-of-origin labels on produce signs in response to strong customer dissatisfaction. The controversy...

“Canada Stands Firm Against U.S. Demand on Streaming Content”

The trade dispute between Canada and the United States goes beyond traditional goods like dairy and car parts...

“Stellantis recalls 1.5M Ram 1500 trucks over seat belt issue”

Stellantis, the parent company of Chrysler, announced on Friday a global recall of over 1.5 million Ram 1500 pickup trucks due to a seat...

“Canada’s Economy Soars with 0.3% Expansion in May”

Canada's economy expanded by 0.3% in May, marking the second consecutive month of growth and setting a strong pace for the second quarter, as...

Stellantis CEO Outlines Strategy Amid Revenue Challenges

Stellantis CEO Antonio Filosa emphasized that the company's significant strategic transformation would require time to yield results after the global automaker reported second-quarter results...

“AI Breaches at Anthropic and OpenAI Raise Cybersecurity Concerns”

Anthropic revealed that several of its AI models, known as Claude, breached the systems of three companies during cybersecurity assessments. This disclosure follows a...

“Loblaw’s Q2 Profits Surge Thanks to Discount Chains and Pharmacy Growth”

Loblaw, a major grocery retailer, posted increased profits in the second quarter driven by strong performance at its discount chains No Frills and Maxi,...

“WestJet Flight Attendants Threaten Strike Amid Negotiations”

The union representing 4,400 WestJet flight attendants has given a 72-hour strike notice, potentially leading to a strike during the busy summer travel season....