WestJet is shutting down its budget airline, Swoop. The company made the announcement in a news release Friday, noting that the ratification of its recent deal with its pilots allows it to integrate all of its staff at various airlines into a single banner. “As negotiated in the collective agreement, the WestJet Group will now …
Shopify CEO Tobias Lutke is ready to put up a “fight” over what he describes as an “overreach” by the Canada Revenue Agency (CRA). In a tweet, Lutke said the Ottawa-based e-commerce company was asked to hand over tax records of more than 121,000 Canadian stores from the last six years. “I don’t particularly want …
CRA asks Shopify for Canadian business records: CEO Read More »
Several influencers were lambasted this week for social media posts enthusiastically highlighting a trip sponsored by the Chinese fast fashion clothing retailer Shein, which has previously been accused of labor exploitation and environmentally damaging practices. A since-deleted video posted by Dani Carbonari, who in her Instagram bio refers to herself as a content creator, plus-sized …
At first glance, the response of “sold over asking” real estate signs may seem like an encouraging signal for the Canadian economy, especially for highly invested homeowners who have watched prices fall from last year’s highs. But a growing number of economists worry that a recent series of indicators, the latest being Wednesday’s rise in …
Uh-oh. More good news that may be bad for your economic health Read More »
The Bank of Canada is wading into the fraught and controversial world of digital currencies, launching public consultations this week into how Canadians might use a digital dollar. “We’ve been researching a digital dollar for quite a while now,” said Carolyn Rogers, the senior deputy governor of the central bank. “And we’re at a point …
REEDLEY, CALIF. — The Coca-Cola Co. has entered into a licensing agreement with Frutura, a supplier of fresh produce, to put two of its brands on fresh citrus. The agreement involves Coca-Cola’s Simply and Minute Maid brands. The Minute Maid brand will appear on fresh grapes in the United States and fresh citrus and grapes …
Photo: The Canadian Press National Public Radio is quitting Twitter after the social media platform owned by Elon Musk stamped NPR’s main account with labels the news organization says undermine its credibility. Twitter labeled NPR’s main account last week as “state-affiliated media,” a label also used to identify media outlets that are controlled or heavily …
NPR quits Elon Musk’s Twitter over ‘government-funded’ label – Business News Read More »
