Disney's streaming service will start cracking down on password-sharing in June, chief executive Bob Iger said on Thursday, as the entertainment conglomerate looks to boost subscriber growth and profitability at the business. Canada already has some restrictions in place Disney's streaming service will start cracking down on password-sharing in June, …
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Ford delays start of EV production at Ontario plant until 2027
Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., by two years. The U.S. automaker had planned to start production at the plant, which employs 2,700 workers, in 2025 and is pushing that back to 2027. Ford spokesperson says there will be …
Read More »Delete history: Pornhub changed the world, but its empire faces a reckoning
Since Pornhub was founded by Montreal university students in 2007, it has completely transformed how people make and access porn online. Now, the landscape of the adult industry is changing again, and this time, Pornhub is the site facing pressure to adapt. Montreal-founded site that transformed online porn is now …
Read More »Lightspeed Commerce cutting 280 jobs, as it aims for profitable growth
Lightspeed's share price has barely budged since 2019, and that's one of the reasons its founder says the company had to make 'some hard decisions', including cutting 280 jobs. Cuts represent about 10% of Lightspeed's staff-related operating spending Lightspeed Commerce is cutting about 280 jobs, less than two months after …
Read More »Indigo agrees to go private after sale to holding company owned by chief executive’s spouse
Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened offer from a holding company connected to its largest shareholder. Board's independent committee unanimously recommended accepting the offer Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened …
Read More »WestJet Encore pilots vote for strike mandate, adding to airline’s turbulence
WestJet Encore pilots could go on strike as soon as April 17 after they approved a strike mandate Tuesday after aviators at the company's regional carrier voted 97 per cent in favour of strike authorization, the Air Line Pilots Association said. Strike could begin as soon as April 17 WestJet …
Read More »Nexus application fee increasing to $120 US at beginning of October
The cost to apply for the Nexus trusted-traveller program will increase from $50 to $120 on Oct. 1 of this year, the government announced Tuesday. Canada Border Services Agency says current $50 US fee doesn't cover cost of administering program The cost to apply for the Nexus trusted-traveller program will …
Read More »Federal plan would count rent toward a credit score. Who will it help — and who could it hurt?
As part of its Renters' Bill of Rights, the federal government introduced a proposal that would make timely rental payments count toward a person's credit score. The aim is to level the playing field for young renters, but there could be pitfalls, experts say. Idea could help aspiring homeowners, or …
Read More »Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys
The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. Central bank's surveys showed outlook is improving amid expectation of rate cuts The Bank of Canada says business and consumer sentiment improved …
Read More »‘Urgent’ safety recall leaves couple with dangerous Dodge truck for nearly 2 years
The recall notice said their Dodge truck had an "urgent" safety problem. But Michele Ashenden and her husband Vittorio Pulcini waited almost two years — amid mixed messages from the dealership and automaker — for it to get fixed while their business struggled and bills piled up. Rules make it …
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