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Federal government gives Big 3 telcos two years to bring down wireless prices

Federal government gives Big 3 telcos two years to bring down wireless prices

TORONTO — The federal government is giving Canada's three largest wireless carriers two years to bring prices down by 25 per cent and is setting aside spectrum in an upcoming auction in order to further boost competition.
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Stock markets plunge on new coronavirus angst and U.S. election uncertainty

Stock markets plunge on new coronavirus angst and U.S. election uncertainty

TORONTO — North American stock markets were on edge again Thursday, plunging amid new concerns about the spreading of novel coronavirus and uncertainty over the upcoming U.S. presidential election.
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Toy maker Spin Master expects sales to decline this year, shares fall

Toy maker Spin Master expects sales to decline this year, shares fall

TORONTO — Shares of Spin Master Corp. plunged nearly 40 per cent Thursday after the toy maker reported a loss in its latest quarter and warned it expected its gross product sales to decline this year.
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Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,553.99, down 225.54 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down five cents, or 4.95 per cent, to 96 cents on 13.
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Mark Zuckerberg pledges to stop COVID-19 misinformation on Facebook

Mark Zuckerberg pledges to stop COVID-19 misinformation on Facebook

TORONTO — Facebook says it is stepping up efforts to stop misinformation from spreading about COVID-19.
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Nova Scotia-based seafood giant Clearwater Seafoods explores possible sale

Nova Scotia-based seafood giant Clearwater Seafoods explores possible sale

HALIFAX — After receiving "several expressions of interest," Nova Scotia-based seafood giant Clearwater Seafoods Inc. announced Thursday it is exploring a possible sale of the company.
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Oilsands mine production bump prompts Shell upgrader expansion: Canadian Natural

Oilsands mine production bump prompts Shell upgrader expansion: Canadian Natural

CALGARY — A boost in output from oilsands mines formerly operated by Shell Canada has sparked a $70-million expansion at a Shell oilsands upgrader, the president of Canadian Natural Resources Ltd. reported Thursday.
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Average Canadian debt rose 2.7 per cent to $72,950, says Equifax Canada

Average Canadian debt rose 2.7 per cent to $72,950, says Equifax Canada

TORONTO — Credit rating agency Equifax Canada says average consumer debt increased 2.7 per cent to reach $72,950 at the end of 2019 as the pace of non-mortgage debt slowed.
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Maple syrup claim creates sticky dispute between New Brunswick, Ontario

Maple syrup claim creates sticky dispute between New Brunswick, Ontario

FREDERICTON — When it comes to maple syrup production in Canada, Quebec dominates, but a claim by Ontario of being second has left a sour taste in the mouths of some producers in New Brunswick.
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Court rejects move to put passenger rights rules on hold pending appeal

Court rejects move to put passenger rights rules on hold pending appeal

The Federal Court of Appeal has dismissed an attempt by airlines to suspend the country's new passenger rights charter until an appeal of the regulations is heard.
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