Business Buzz


NAFTA jitters after complaint
The Canadian Press - Jan 10, 2018 - Business Buzz

Prepare for a tense moment in Canada-U.S. relations — with hard bargaining on NAFTA on the horizon prompting nervous glances at Donald Trump to see whether he cancels the agreement, now compounded by a bitter, wide-ranging trade dispute. Canada launched a broad attack against American trade practices in an international complaint about the superpower’s use […]

Diet Coke sales falling
The Canadian Press - Jan 10, 2018 - Business Buzz

Diet Coke is getting a makeover to try to invigorate the sugar-free soda’s slumping sales, and the changes will show up in Canada in February. Coca-Cola Co. said Wednesday it’s adding a slimmer 12-ounce Diet Coke can, updating the logo and offering the 35-year-old drink in four new flavours, including mango and ginger lime. The […]

Mazda money into US
The Canadian Press - Jan 10, 2018 - Business Buzz

Japanese automakers Toyota and Mazda are expected to announce Wednesday that they have chosen Alabama as the site of a coveted $1.6 billion joint-venture auto plant that will employ about 4,000 people, a person briefed on the decision said. The companies are planning an afternoon announcement about the plant and Alabama Gov. Kay Ivey has […]

Timmie’s regulars rise up
The Canadian Press - Jan 10, 2018 - Business Buzz

Niki Lundquist loves the Earl Grey tea at Tim Hortons so much it’s become a running joke in her Toronto office. “No one has ever seen me without a Tim Hortons cup in my hand,” said the in-house trade union counsel. But now she’s one of many people boycotting the coffee-and-doughnut chain until some Ontario […]

Autos steal show at CES
The Canadian Press - Jan 09, 2018 - Business Buzz

The smartphones and other small machines that used to dominate the annual International Consumer Electronics Show in Las Vegas have been overshadowed in recent years by bigger mobile devices: namely, automobiles. Auto companies typically save more practical announcements about new cars, trucks and SUVs for the upcoming Detroit auto show. But major automakers like Toyota, […]

Telecom tactics targeted
The Canadian Press - Jan 09, 2018 - Business Buzz

The CRTC is being urged to hold a public inquiry into the sales practices of the country’s major telecommunications service providers. The formal request to the federal regulator comes from the Public Interest Advocacy Centre, an Ottawa-based non-profit group that often battles with Canada’s major telecommunications service providers. PIAC executive director John Lawford on Monday […]

Bell, Bloomberg make deal
The Canadian Press - Jan 08, 2018 - Business Buzz

Business news channel BNN is going to become BNN Bloomberg this spring, following a partnership deal between its corporate parent Bell Media and Bloomberg Media. The deal will see the station add several hours of live evening television coverage of Asian markets, early morning programs from Europe and contributions from Bloomberg reporters. BNN’s website will […]

Retail disruption shifts habits
The Canadian Press - Jan 08, 2018 - Business Buzz

With new options and conveniences, there’s never been a better time for shoppers. As for workers … well, not always. The retail industry is being radically reshaped by technology, and nobody feels that disruption more starkly than 16 million American shelf stockers, salespeople, cashiers and others. The shifts are driven, like much in retail, by […]

Tim’s slams cuts to perks
The Canadian Press - Jan 08, 2018 - Business Buzz

Tim Hortons franchisees who planned to offset the Ontario government’s minimum wage hike by cutting paid breaks and forcing workers to cover a bigger share of their benefits faced criticism from a new source Friday: their own head office. After days of public and government outrage stemming from policies introduced by Ron Joyce Jr. and […]

Pot pioneer ‘gobsmacked’
The Canadian Press - Jan 05, 2018 - Business Buzz

Even though Ernest Small was the biggest legal grower of legal marijuana in North America back in the 1970s and is the federal government’s foremost pot expert, the Canadian researcher is in disbelief that the country is on the cusp of legalizing the drug’s recreational use. The principal research scientist for Agriculture and Agri-Food Canada, […]