Business And Finance

Care to share that? Ottawa cuts steel deal with Mexico – but doesn't tell trade tribunal

The Department of Finance didn’t inform the Canadian International Trade Tribunal investigating the merits of its emergency safeguards on foreign steel when it quietly signed an agreement to allow more Mexican steel to enter Canada without paying the surtax. A memorandum of understanding (MOU) signed on Jan. 16 set new quotas for energy tubular products (such as those used to build pipelines) and ...

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'We've had enough,' SNC-Lavalin CEO says of claims made against company in political firestorm

The CEO of SNC-Lavalin says the company plans to “vigorously defend” itself in the court case as the centre of the unfolding political scandal in Ottawa, and says the company’s hard-working employees are being used “as pucks in a political hockey game.” Neil Bruce made the comments on a conference call with analysts on Friday, after the company posted its ...

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Flair Airlines suddenly stops flying to some U.S. destinations

Canadian carrier Flair Airlines has suddenly suspended some of its flights to destinations in Florida and California as of next week, leaving some customers in the lurch. The Kelowna-based airline, which only recently expanded its service to include U.S. destinations, surprised many of its customers with the unexpected news this week. Flair customers have complained that March break holiday plans have ...

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Telecom customers face 'unacceptable' harm from misleading sales tactics, CRTC says

New rules are needed to prevent telecom companies from using aggressive and misleading sales practices that harm consumers — particularly seniors and other vulnerable Canadians — to an “unacceptable degree,” the CRTC says. In a report issued today following an eight-month public inquiry, Canada’s telecom regulator says harmful sales practices “exist in all sales channels, including in store, online, over the phone, ...

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Trump's climate policy may have ceded Democrats a winning issue: Don Pittis

U.S. backsliding on climate under the administration of President Donald Trump may have dealt his Democratic Party opponents an ace card. While the Democrats’ Green New Deal is championed by its left-leaning younger members, notably the dynamic New York Rep. Alexandria Ocasio-Cortez, Trump’s climate-skeptical stance has ceded the field on an issue that has a much wider potential appeal. And according to centre-right Canadian ...

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Oversold flights, the safety of breast implants and self-checkouts: CBC's Marketplace consumer cheat sheet

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. ‘Duped’ by oversold flights? It’s no secret many airlines overbook flights, but industry insiders told our colleagues at Go Public passengers are deliberately “duped” into thinking they’ll get a seat. Agents said they are told to send passengers to ...

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