Business World

Short-term rental managers across B.C. are lamenting the demise of their business model, while real estate agents say owners of investment properties are being forced to sell at a loss or risk being unable to pay their mortgage. B.C.'s housing minister said Airbnb property managers should find new jobs Nancy …

For anyone with lingering night terrors from the last renegotiation of NAFTA, the notion of reopening the pact might evoke that classic line from a horror sequel: It's baaaaa-aaaack. But this time is different, says the U.S. envoy to Canada. On his second anniversary in Ottawa, David Cohen says he's …

The federal government says it has hammered out the final details with Visa and Mastercard to lower credit card transaction fees for merchants, but small business advocates say the deal doesn't go nearly far enough. Agreement caps interchange fees at 0.95% — but only for eligible businesses The federal government …

McDonald's also intends to use a combination of technology and a greater focus on its delivery capabilities to better serve customers in the years ahead. Burger giant aims to add thousands of new locations around the globe by 2027 McDonald's is expecting to go through a growth spurt. The Chicago-based …

The majority of Filipino shoppers prefer purchasing healthy grocery items due to prioritizing their families’ health and personal peace of mind, Kantar, the world’s leading marketing data and analytics company, reported Thursday, Dec. 7. “Nearly all Filipinos believe in the importance of focusing on one’s health and appreciate the value …

The Securities and Exchange Commission (SEC) has been recognized by the Anti-Red Tape Authority (ARTA) for its efforts in improving the ease of doing business in the country. In a statement, the Commission said it was among the government agencies recognized by ARTA during the 2023 Ease of Doing Business …

The bread supplier that admitted to price-fixing earlier this year says any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods. Maple Leaf says allegations are 'totally unfounded' The bread supplier that admitted to price-fixing earlier this year says …

The rumoured bid by the Blue Jays to sign Shohei Ohtani is about much more than baseball. Rogers Communications, which owns the team, could spend as much as $600 million US to acquire the two-way phenom, and experts say the company could leverage Ohtani's fame to boost its core business. …

Canada's financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures. Second fine levied by Financial Transactions and Reports Analysis Centre this week, after RBC Monday Canada's financial intelligence agency says it has levied a $1.3-million penalty against CIBC …

The head of Canada's biggest grocery chain says the looming implementation of the grocery code of conduct would lead to higher prices for consumers, not lower ones. Head of Loblaws says proposed new rules are bad for business and consumers The head of Canada's biggest grocery chain says the looming …