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 … Read More “Canada’s cellphone plans are still too expensive: experts” »
Canada’s watchdog for corporate wrongdoing says she has enough to launch an investigation of allegations that Nike Canada and a gold mining company are benefiting from the forced labor of Uyghurs in China. It’s the first time the office of the Canadian Ombudsperson for Responsible Enterprise (CORE) has launched an investigation since the federal government … Read More “Watchdog probing claims that Nike Canada, a gold company benefiting from forced Uyghur labour” »
WASHINGTON – US federal regulators are looking to crack down on fake reviews and other deceptive internet practices. The Federal Trade Commission proposed a new rule Friday that would ban paying for reviews, suppressing honest reviews, selling fake social media engagement and more. Businesses would also be prohibited from running company-controlled websites that claim to … Read More “Fake online reviews: US proposes bans” »
Photo: The Canadian Press While most consumers believe in rewarding companies that accurately deliver on sustainability promises, a new study suggests their trust is lacking in the “green” claims made by brands. The report released Thursday by Deloitte Canada on creating value from sustainable products said Canadians expect sustainable buying options and crave transparency with … Read More “Study suggests Canadians lack trust in brands’ sustainability claims – Business News” »
Canada Bread has agreed to pay at least $50 million for its role in fixing the price of bread for years. The company made the revelation in an Ontario court on Wednesday, acknowledging that under a previous management regime, it colluded with its competitors in Canada’s bakery industry to work in unison to raise the … Read More “Canada Bread agrees to $50M fine for role in bread price-fixing scandal” »
Reddit, the “front page of the internet,” is making front-page news today, as many of the site’s moderators have made their communities private or restricted to protest recent changes to the platform. Many of the platform’s largest forums or subreddits, including r/pics, r/gaming and r/music, are preventing users from viewing the site or posting on … Read More “Reddit is facing a major protest from its own moderators” »
Economy beats expectations The Canadian Press – May 31, 2023 / 5:58 am | Stories: 429444 Photo: The Canadian Press The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday. The latest data shows growth beating out the federal agency’s own forecast of … Read More “Economic growth beats expectations with 3.1% gain in Q1: StatCan – Business News” »
Warren Buffett, chairman and CEO of Berkshire Hathaway, criticized the government’s intervention in recent bank failures, saying on Saturday it averted what could have become an even bigger crisis. Yet he said the US banking system had become too complicated — and it was not surprising that the banks failed. He said he’d been selling … Read More “Berkshire Hathaway shareholder meeting takeaways: Warren Buffett’s remarks” »
