Category: Blog

Bank of Canada holds key interest rate at 2.25%

A man's profile is shown in close up.

The Bank of Canada is holding its key interest rate at 2.25 per cent, a move that was widely expected by economists after an encouraging round of economic data.

U.S. businesses claim Canada is a back door for products from China

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As U.S. President Donald Trump sticks with tariffs on imports from Canada, some American industries are accusing Canadian competitors of using cheap materials from China in ways that violate free-trade rules and undercut U.S. companies.

Air Transat, pilots’ union reach tentative deal to avert strike, airline’s parent company says

A medium shot of an Air Transat plane coming in to land

Air Transat says it has reached a tentative deal with the union representing its pilots, thus averting a possible strike that could have occurred within hours.

Health Canada expands recall on Oster toaster ovens that have burned some users

four images of toaster ovens, metal appliances with glass front doors

The recall was first issued in September, but was expanded this week to include an additional model. Canadians who own one of the affected models are being asked to stop using the ovens immediately, and contact the company for a free repair kit.

Air Transat cancels 6 flights in anticipation of pilots’ strike deadline

A grounded Air Transat plane is shown.

With less than 24 hours until a potential pilots’ strike, Air Transat has cancelled six flights that were scheduled for Tuesday, the airline confirmed to CBC News in an email.

Flying Air Transat? Here’s what customers need to know as strike looms

A row of airport electronic kiosks that  say Air Transat

 Air Transat announced on Sunday it will gradually shut down operations over the next three days in response to a 72-hour strike mandate issued by the union representing its 750 pilots. Here’s what travellers need to know.

Air Transat, pilots’ union say ‘progress’ being made in talks as strike deadline looms

See Air Transat headquarters exterior

Air Transat says that “progress has been made” in negotiations with the union representing its pilots, just a day after the Air Line Pilots Association, Intl. issued a 72-hour strike notice.

Paramount Skydance makes $108B hostile bid for Warner Bros. Discovery after Netflix move

A water tower is shown with a logo decal and the word Paramount.

Paramount Skydance on Monday launched a hostile bid worth $108.4 billion US for Warner Bros Discovery, throwing a wrench into the deal with Netflix in a last-ditch effort to create a media powerhouse that would challenge the dominance of the streaming giant.

Air Transat pilots’ union issues 72-hour strike notice to Montreal-based airline

An airplane is seen in the sky at dawn.

The union that represents Air Transat’s pilots said on Sunday that it has issued a 72-hour strike notice that could see pilots striking as of Wednesday. 

Elon Musk’s X slapped with €120M fine by EU regulator for breaching content rules

A photo illustration shows the X social media app appearing on a smartphone in Rio de Janeiro, Brazil, last month.

Elon Musk’s social media company X was fined 120 million euros ($193.3 million Cdn) by EU tech regulators on Friday for breaching online content rules, the first sanction under landmark legislation that once again drew criticism from the U.S. government.