Business

  • The Nickel Could Soon Be Phased Out Like The Penny, Economist Says A Desjardins economist says it’s only a matter of time before Canada’s nickel goes the way of the penny. Senior economist Hendrix Vachon says that the five-cent piece will seem increasingly less useful because of its low purchasing power and the costs to maintain it. The same reasons were used as reasons ...
  • Cost Of Canadian Phone Services Just Dropped By The Most On Record Statistics Canada on Friday offered up a little more evidence that competition in the wireless business can be a good thing for consumers. The agency’s consumer price index showed the cost of telephone services dropped by a whopping 7.6 per cent in a month in December — the largest monthly drop ...
  • Bell Media To Lay Off Prominent TV Personalities Bell Media is laying off employees, including prominent on-air personalities, at radio and TV stations across Canada. However, the company won’t say how many, who or where. Unifor, the union representing on-air and broadcasting technicians at 17 CTV stations, estimates 50 jobs are being eliminated at Bell Media’s TV network alone in ...
  • U.S. Senate Passes Sweeping New Tax Bill In Middle Of The Night When Donald Trump was elected president last year, a sweeping rewrite of the tax code was one of his top priorities. Throughout the campaign, Trump said he wanted a “middle-class tax cut,” one that wouldn’t benefit wealthy people like him and would spur huge levels of economic growth while not adding ...
  • Vicente Fox Warns Justin Trudeau Not To Be ‘Judas’ On NAFTA A former Mexican president has a warning for Prime Minister Justin Trudeau: Don’t abandon our country in NAFTA talks like some modern-day ”Judas.” Vicente Fox warns that would be a mistake. Fox told CTV News that it wouldn’t do any good if Canada ditched Mexico in pursuit of a one-on-one trade deal ...