Canada’s cellphone plans are still too expensive: experts

CTV News is a division of Bell Media, which is part of BCE Inc. TORONTO — A price drop for Canadian phone and internet services last month has some observers optimistic about the downward trend, but industry watchers say there is still a long way to go when it comes to telecom affordability. Consumers paid 14.7 per cent less for cellular services in June compared with the same month last year, following an 8.2 per cent decline in May, according to Statistics Canada’s latest inflation report released Tuesday. Overall, the cost of telephone services dropped 11.1 per cent in […]

Regulator lays out proposed changes to passenger rights charter – Business News

Changes to passenger rights The Canadian Press – Jul 11, 2023 / 9:44 am | Stories: 436290 Photo: The Canadian Press The Canadian Transportation Agency is laying out proposed changes to the passenger rights charter. The reforms came after the Liberal government passed legislation last month to toughen penalties on airlines, shore up the complaint process and target flight disruption loopholes that have allowed airlines to avoid traveler compensation. The amendments to the Air Passenger Protection Regulations spell out the circumstances when an airline would not have to compensate customers, narrowing the field so that most technical problems will no […]

How the Shein influencer trip marked a turning point in the brand-sponsored vacation trend

Several influencers were lambasted this week for social media posts enthusiastically highlighting a trip sponsored by the Chinese fast fashion clothing retailer Shein, which has previously been accused of labor exploitation and environmentally damaging practices. A since-deleted video posted by Dani Carbonari, who in her Instagram bio refers to herself as a content creator, plus-sized model and confidence activist, shows her arriving at a facility she calls the “Shein Innovation Centre” in Ghangzhou, China, last week. “Shein is just such a developed and complex company, and it was so beautiful to see first hand,” Carbonari said in the video. Referring […]

Stellantis EV battery plant could cost Canada $19 billion in subsidies

Breadcrumb Trail Links News energy Electric Vehicles Commodities The price tag may reach as much as $19 billion over a decade, far exceeding the $13 billion promised to Volkswagen Author of the article: Bloomberg News Brian Platt and Gabrielle Coppola Published May 31, 2023 • Last updated 2 days ago • 3 minute read Prime Justin Trudeau speaks at a Stellantis facility in Windsor, Ont., last year. Photo by Dan Janisse/Windsor Star Article content Stellantis NV is likely to receive more in subsidies for a new electric-vehicle battery plant in Canada than the $13 billion Volkswagen AG extracted for a […]

Important team and business changes

Team – We are changing the shape of Shopify significantly today to pay unshared attention to our mission. There are a number of consequences to this, and I don’t want to bury the lede: after today Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics; this means some of you will leave Shopify today. I recognized the crushing impact this decision had on some of you, and did not make this decision lightly. In the next 5 minutes you’ll get a follow up that tells you if you are affected. There’s no way to make this […]

Prices, digital growth benefits Walmart

BENTONVILLE, ARK. — Lower prices compared to competitors and convenience brought about through digital capabilities lifted Walmart US to same-store sales growth of 7% in the first quarter ended April 30. The growth was due to higher store traffic trends as well as growth in store-fulfilled pickup and delivery, said John D. Rainey, chief financial officer, in a May 18 earnings call. “From a category perspective, comp sales were driven by strong growth in food and health and wellness, partially offset by a decline in general merchandise sales,” he said. E-commerce sales increased 27% in the United States when compared […]