Canada’s poverty rate rose to 9.9 per cent in 2022, approaching pre-pandemic levels as government financial benefits introduced during the COVID-19 crisis ended, according to a Statistics Canada report released Friday. Food insecurity numbers are 'sickening' but not surprising, says researcher Nearly nine million Canadians lived in food insecure households …
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The owners of Ted Baker's Canadian operations have filed for creditor protection in a bid to help the retailer get enough "breathing room" to decide whether to liquidate and wind down the business or pursue other unspecified alternatives. Clothing brand facing has been 'unsuccessful' in reducing costs, say lawyers in …
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TikTok is gearing up for a legal fight against a new U.S. law that would force the social media platform to break ties with ByteDance, its China-based parent company. TikTok has 170 million American users TikTok is gearing up for a legal fight against a U.S. law that would force …
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Japanese automaker Honda will make a $15-billion electric vehicle investment in Ontario to build four new manufacturing plants in the province, Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced Thursday. Trudeau and Ford say $5B shared investment will create growth for decades to come Japanese automaker Honda will …
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Indigenous leaders say a new loan guarantee program from the federal government, announced last week in the 2024 budget, will be a huge boost for economic reconciliation. Why the new Indigenous loan guarantee program is a big deal Downtown Toronto is a long way from most communities where the federal …
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The RCMP says a former SNC-Lavalin executive has been sentenced to three-and-a-half years in prison in connection with a bribery scheme for a bridge repair contract in Montreal. Normand Morin has been sentenced to 3-and-a-half years in prison The RCMP says a former SNC-Lavalin executive has been sentenced to three-and-a-half …
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A new study has found that more than half of global branded plastic pollution can be traced back to just 56 companies, led by The Coca-Cola Company and PepsiCo. New study documents companies behind plastic waste across 5-year period Just 56 companies fuelling bulk of plastic waste pollution, study suggests …
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Never mind the fact that consumer sales have yet to live up to the superlatives: Honda is about to cast a massive vote of confidence in Canada's electric vehicle sector. Here's what we know so far and the questions that remain. What to watch for as Honda announces its new …
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Tesla's first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable vehicles. Company signals it will start making smaller, cheaper models, earlier than forecast Tesla's first-quarter net income plummeted 55 per …
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Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney, and said the ruling meant any country could control "the entire internet." Musk asks: 'Does the PM think he should …
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