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Businesses' changing credit usage a worrying trend: Equifax

Businesses' changing credit usage a worrying trend: Equifax

TORONTO — New data suggests a significant shift in credit usage among businesses in the first quarter of 2023, Equifax Canada said.
IMF applauds Canada's climate action, warns of 'race to the bottom' with subsidies

IMF applauds Canada's climate action, warns of 'race to the bottom' with subsidies

OTTAWA — The International Monetary Fund warns that Canada's green subsidies could stoke an international race to the bottom, even as it credits the country for a "multipronged" approach to addressing climate change.
What you need to know to decide if trip cancellation insurance is worth the cost

What you need to know to decide if trip cancellation insurance is worth the cost

Noah Meyer-Delouya, 25, only bought trip cancellation insurance once — and it paid off. The Toronto-based accountant did it because he, his mom and his brother bought cheap tickets to Los Angeles this past January. They figured $67.
Telus and Aussie EV charger Jolt to build up to 5,000 charging stations across Canada

Telus and Aussie EV charger Jolt to build up to 5,000 charging stations across Canada

VANCOUVER — Telus has signed a partnership with an Australian electric vehicle charging company, announcing plans to install up to 5,000 EV charging stations across Canada.
Gannett sues Google, Alphabet claiming they have a monopoly on digital advertising

Gannett sues Google, Alphabet claiming they have a monopoly on digital advertising

Gannett has filed a civil lawsuit against Google and its parent company Alphabet, claiming that they unlawfully hold monopolies in the advertising technology tools that publishers and advertisers use to buy and sell online ad space. The largest U.S.
OSFI raises capital requirements for big banks to 3.5% amid higher debt levels

OSFI raises capital requirements for big banks to 3.5% amid higher debt levels

OTTAWA — Canada's financial regulator is raising the amount of capital the country's major banks need to have on hand to cover potential losses as it says financial system vulnerabilities remain elevated and in some cases have continued to increase.
Collision tech conference extends Toronto stay to 2024

Collision tech conference extends Toronto stay to 2024

TORONTO — Global technology conference Collision says it is extending its stay in Toronto for another year. The travelling event showcasing startups and business heavyweights says it will return to the city for its 2024 conference.
Ozempic ads seem to be everywhere. Doctors and ethics experts are worried about that

Ozempic ads seem to be everywhere. Doctors and ethics experts are worried about that

With ads popping up on TV, social media, giant billboards and at professional sports games, Canadians may be feeling bombarded by marketing for Ozempic and sister drug Rybelsus.
Survey says gender pay gap narrowed in 2022, but still 21 per cent

Survey says gender pay gap narrowed in 2022, but still 21 per cent

TORONTO — A new report says the gender pay gap in Canada narrowed last year compared with 2021, but still stood at more than 20 per cent.
Tourism businesses in a ‘dire’ state, with debt mounting and demand meager: industry

Tourism businesses in a ‘dire’ state, with debt mounting and demand meager: industry

The head of the Tourism Industry Association of Canada says businesses are struggling to stay afloat under a pile of debt and a dearth of overseas visitors.
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