Business

8 million Canadians rethinking retirement because of COVID-19: report

Most believe they will have to retire later due to the financial impact of the health emergency. Read More source

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COVID-19 putting pressure on small-town rents: ‘I can’t afford to live in the city I grew up in’

The pandemic is putting downward pressure on rents in Toronto and Vancouver. In some smaller cities, though, it’s the opposite.…

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TC Energy says new U.S. permit to boost Keystone pipeline oil exports by next year

The CEO of TC Energy Corp. says the company will begin moving more oil from Western Canada into the United…

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Shopify’s explosive Q2 results show how retailers have adapted to COVID-19 pandemic

An accelerated shift to e-commerce amid the novel coronavirus pandemic has boosted Shopify’s revenues in the Ottawa-based tech company’s second…

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As COVID-19 hit, many Canadians got pay cuts — others, raises

Pay transparency may also be taking a hit because of the pandemic. Read More source

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Waterloo company donates 750,000 face shields to teachers across Canada

The company, The Canadian Shield, pegs the value of the donation at $7.5 million. Read More source

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‘Very frustrating’: Some mature students blocked from online CESB applications

Several mature students who spoke to Global News say they have to repeatedly complete their attestations for the coronavirus aid…

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Wireless data prices lower in Quebec than similar plans across Canada, data shows

While Fido, Koodo and Virgin have dropped their prices in Quebec by as much as $15 per month, they have…

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RBC agrees to buy electricity from new southern Alberta solar power farm project

The bank has agreed with green energy retailer Bullfrog Power to buy the majority of the electricity produced by the…

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Nova Scotia price markup for local wines to be phased out over 4 years

The decision comes after an agreement between the governments of Canada and Australia. Read More source

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How COVID-19 is luring Canadians into the stock market

From robo advisors to trading apps, Canadians – especially 20- and 30-somethings – can’t get enough of the stock market.…

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Coronavirus pandemic sees surge in online shopping, with sales up by 99%

From February to April, only the food and beverage subsector saw an increase in in-store sales, which were up 3.3…

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Canada’s consumer prices up 0.7% in June, ending streak of negative inflation

The consumer price index was up 0.7 per cent in June compared to the same month a year ago, Statistics…

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Scotiabank contacting ‘limited number’ of customers after suspicious employee activity

‘The employee is no longer with the bank,’ Scotiabank said in a statement. Read More source

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Canadian retail sales surged nearly 19% in May, still 20% below February levels

Motor vehicle and parts sales led the bounce-back, Statistics Canada says. Read More source

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2 million Canadians who haven’t yet filed taxes could face benefits interruption, CRA warns

Canadians who don’t file their taxes in time for the CRA to review them by early September may face benefit…

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CERB, CESB applicants report weeks-long payment delays as CRA rolls out anti-fraud checks

The government has been ramping up efforts to weed out fraud. But processing delays are holding up payments for some…

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This Ontario man was promised a refund — then Sunwing changed its policy

OJ Sidor was told he would get a full cash refund for his trip cancelled due to COVID-19. But Sunwing…

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