business news report

Meta’s Threads is now the fastest-growing platform after 100 million users signed up in the first five days

Meta’s Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone. Threads have been setting records for user growth since its launch on Wednesday, with celebrities, politicians and other newsmakers joining the platform seen by analysts […]

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Higher airfares likely upshot of Sunwing-WestJet integration, experts say – Business News

Higher airfares on way The Canadian Press – Jun 19, 2023 / 9:35 am | Stories: 432620 Photo: The Canadian Press Experts say WestJet’s decision to shut down Sunwing Airlines and fold it into its main operations will mean less service and higher fares — particularly in Western Canada and smaller cities across the country.

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Interest-rate hike could push real estate sales: mortgage broker

With the latest hike bringing Canada’s key interest rates to levels not seen since 2001, one mortgage broker is warning that it may be “the last straw” for some homeowners with variable mortgages. “We started to hear from people in the last three weeks that they are actively considering selling their homes,” Ron Butler, a

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Canadians’ high mortgage debt a ‘ticking time bomb’ as renewals loom

Breadcrumb Trail Links News Executive Summary Variable-rate mortgage borrowers’ payments may climb above 40% in 2026 when they renew, Desjardins says Published May 31, 2023 • 5 minute read Household debt levels are expected to soar higher come 2025 and 2026 once homeowners renew their mortgages. Photo by Getty Images/iStockphoto Article content Lenders have been

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Dominion suit against Fox News spotlights Maria Bartiromo

How do you solve a problem like Maria Bartiromo? Fox News executives may be asking themselves that question as she emerges as a central figure in Dominion Voting Systems’ $1.6-billion defamation suit against the conservative news network. In released court documents and deposition testimony connected to the case, Bartiromo is cited throughout for allowing former

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Shoppers Drug Mart eliminates ‘pink tax’ on menstrual pain medication following CBC investigation

Shoppers Drug Mart is taking action following an investigation by CBC’s Marketplaces that found painkillers labeled as a treatment for menstrual cramps cost more than near-identical painkillers marketed for headaches and other pain. The drugstore’s parent company, Loblaw, told Marketplaces over email on March 15 that it “recognizes the importance of equity and access and

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