Business

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. Top Canadian corporations paid $30 billion less in taxes in 2021 than would be expected, according to a new report from Canadians for Tax Fairness. THE CANADIAN PRESS/Adrien Veczan

Advocacy group calls out corporate ‘tax avoidance,’ cites billions lost in new report

Canadians for Tax Fairness found average $13.5 billion shortfall in tax revenues before pandemic

Houses are seen on a hillside in Burnaby, B.C., on Saturday, April 17, 2021. The Real Estate Board of Greater Vancouver says September’s homes sales dropped by 46 per cent since last year and 10 per cent from August. THE CANADIAN PRESS/Darryl Dyck

Vancouver home sales down from August, way down from a year ago

Last month’s sales were almost 36 per cent below the 10-year September sales average

FILE - Tesla Motors, Inc. CEO Elon Musk speaks at the Paris Pantheon Sorbonne University as part of the COP21, United Nations Climate Change Conference in Paris on Dec. 2, 2015. An early prototype of Tesla Inc.’s proposed Optimus humanoid robot slowly and awkwardly walked onto a stage, turned, and waved to a cheering crowd at the company’s artificial intelligence event Friday, Sept. 30, 2022. (AP Photo/Francois Mori, File)

What if Musk loses the Twitter case but defies the court?

Analyst: Damages for breach of contract might be a possible remedy if Tesla owner loses court battle

A Lululemon Athletica logo in Vancouver, B.C., on Thursday August 21, 2014. THE CANADIAN PRESS/Darryl Dyck

Lululemon settles lawsuit against Peloton over alleged patent infringement

Settlement comes a day after a New York court dismissed a lawsuit by Peloton

A Lululemon Athletica logo in Vancouver, B.C., on Thursday August 21, 2014. THE CANADIAN PRESS/Darryl Dyck
Embracing the theme "Leading the Next Normal," the Safety Alliance BC's Make It Safe conference has two components – in person Oct. 14 at the Anvil Centre in New Westminster, and online Oct. 27 and 28 – a chance to look at "What's Next: Beyond the New Normal."

Make It Safe: B.C. conference highlights the holistic nature of workplace safety

Register now for the in-person and online conference from Manufacturing Safety Alliance

Embracing the theme "Leading the Next Normal," the Safety Alliance BC's Make It Safe conference has two components – in person Oct. 14 at the Anvil Centre in New Westminster, and online Oct. 27 and 28 – a chance to look at "What's Next: Beyond the New Normal."
A pedestrian walks past a Deloitte sign in downtown Ottawa on Tuesday, Sept. 20, 2011. A tight labour market and elevated savings during the pandemic will cushion the impact of a recession on Canadians, says a new report from Deloitte. THE CANADIAN PRESS/Sean Kilpatrick

Labour shortage, pandemic savings to soften blow of short-lived recession: report

Deloitte forecasts Canada will enter a short-lived recession by the end of the year

A pedestrian walks past a Deloitte sign in downtown Ottawa on Tuesday, Sept. 20, 2011. A tight labour market and elevated savings during the pandemic will cushion the impact of a recession on Canadians, says a new report from Deloitte. THE CANADIAN PRESS/Sean Kilpatrick
Merren McArthur, CEO of Lynx Air, announces the startup of the new airline at a news conference announcing Calgary, Alta., Tuesday, Nov. 16, 2021. THE CANADIAN PRESS/Jeff McIntosh

Canada’s low-cost airlines expand services, announces Flair and Lynx

Flair plans to be Canada’s third largest domestic airline by next summer

Merren McArthur, CEO of Lynx Air, announces the startup of the new airline at a news conference announcing Calgary, Alta., Tuesday, Nov. 16, 2021. THE CANADIAN PRESS/Jeff McIntosh
Heavy machinery clears up washed-up buildings and rubble in the harbour in Burnt Island, Newfoundland and Labrador on Tuesday, Sept. 27, 2022. Fiona left a trail of destruction across much of Atlantic Canada, stretching from Nova Scotia’s eastern mainland to Cape Breton, Prince Edward Island and southwestern Newfoundland. THE CANADIAN PRESS/Frank Gunn

Newfoundland fishers face livelihood questions after Fiona storm damage

Fiona’s path of destruction through Atlantic Canada heavily damaged the fishing industry

Heavy machinery clears up washed-up buildings and rubble in the harbour in Burnt Island, Newfoundland and Labrador on Tuesday, Sept. 27, 2022. Fiona left a trail of destruction across much of Atlantic Canada, stretching from Nova Scotia’s eastern mainland to Cape Breton, Prince Edward Island and southwestern Newfoundland. THE CANADIAN PRESS/Frank Gunn
MeepMeep co-founder Eve Olynyk tosses a disc during a round of disc golf. (Courtesy of MeepMeep)

MeepMeep’s chirping disc golf tracker looks to grow game, end player frustration

B.C. company’s app-driven unit aims to open sport to the visually impaired, help find lost discs

MeepMeep co-founder Eve Olynyk tosses a disc during a round of disc golf. (Courtesy of MeepMeep)
A WestJet Airlines Boeing 737 Max aircraft arrives at Vancouver International Airport in Richmond, B.C., Thursday, Jan. 21, 2021. Airports in Atlantic Canada are resuming operations after hurricane Fiona stopped most flights in and out of the region over the weekend. THE CANADIAN PRESS/Darryl Dyck

Atlantic airports resume operations after hurricane Fiona triggers cancellations

Flights to and from Charlottetown and Deer Lake resumed today, Sydney to resume tomorrow

A WestJet Airlines Boeing 737 Max aircraft arrives at Vancouver International Airport in Richmond, B.C., Thursday, Jan. 21, 2021. Airports in Atlantic Canada are resuming operations after hurricane Fiona stopped most flights in and out of the region over the weekend. THE CANADIAN PRESS/Darryl Dyck
A WestJet Airlines Boeing 737 Max aircraft arrives at Vancouver International Airport in Richmond, B.C., Thursday, Jan. 21, 2021. The next airline hoping to pose a threat to the country’s Air Canada-WestJet duopoly is slated to take its inaugural flight today. THE CANADIAN PRESS/Darryl Dyck

Canada Jetlines, latest airline to enter the crowded field, lands first flight

The next airline hoping to pose a threat to the country’s Air…

A WestJet Airlines Boeing 737 Max aircraft arrives at Vancouver International Airport in Richmond, B.C., Thursday, Jan. 21, 2021. The next airline hoping to pose a threat to the country’s Air Canada-WestJet duopoly is slated to take its inaugural flight today. THE CANADIAN PRESS/Darryl Dyck
A dealer prepared to spin the ball during a game of roulette at the Hard Rock casino in Atlantic City N.J. on Aug. 8, 2022. On Sept. 16, 2022, New Jersey gambling regulators reported that the state’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $470.6 million from gamblers in August, up nearly 10% from a year earlier. (AP Photo/Wayne Parry)

Execs: US casinos learned some useful lessons from pandemic

‘Since we reopened, business has been terrific’

A dealer prepared to spin the ball during a game of roulette at the Hard Rock casino in Atlantic City N.J. on Aug. 8, 2022. On Sept. 16, 2022, New Jersey gambling regulators reported that the state’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $470.6 million from gamblers in August, up nearly 10% from a year earlier. (AP Photo/Wayne Parry)
People fuel up vehicles in Vancouver, on Saturday, May 14, 2022. Statistics Canada says retail sales fell 2.5 per cent to $61.3 billion in July, the first drop in seven months, driven by lower sales at gasoline stations and clothing and clothing accessories stores. THE CANADIAN PRESS/Darryl Dyck

Statistics Canada says retail sales fell 2.5% to $61.3 billion in July

Initial estimate for August pointed to a gain of 0.4 per cent for the month

People fuel up vehicles in Vancouver, on Saturday, May 14, 2022. Statistics Canada says retail sales fell 2.5 per cent to $61.3 billion in July, the first drop in seven months, driven by lower sales at gasoline stations and clothing and clothing accessories stores. THE CANADIAN PRESS/Darryl Dyck
Quatsino First Nation’s community hall was full on Tuesday evening as BHP made a public apology to the nation regarding the Island Copper Mine’s operations. (Tyson Whitney - North Island Gazette)

Global firm apologizes to B.C. First Nation for damage caused by copper mine

Decommissioned open pit mine was located in Quatsino First Nation traditional territory

Quatsino First Nation’s community hall was full on Tuesday evening as BHP made a public apology to the nation regarding the Island Copper Mine’s operations. (Tyson Whitney - North Island Gazette)
Falling Canadian dollar coins are pictured in North Vancouver, B.C. Wednesday, May 29, 2019. The Canadian dollar is sliding again a day after the U.S. Federal Reserve raised its key interest rate.THE CANADIAN PRESS/Jonathan Hayward

Canadian dollar slides as investors retreat to U.S. dollars

loonie slipped under 75 cents US earlier this week

Falling Canadian dollar coins are pictured in North Vancouver, B.C. Wednesday, May 29, 2019. The Canadian dollar is sliding again a day after the U.S. Federal Reserve raised its key interest rate.THE CANADIAN PRESS/Jonathan Hayward
The Canada Jetlines Ltd. logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, Canada Jetlines

Canada Jetlines, the latest airline to enter the crowded field, set to take off

Canada Jetlines bills itself as an ‘all-Canadian, value-focused leisure carrier’

The Canada Jetlines Ltd. logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, Canada Jetlines
A view of The Bank of England in London, Thursday, Sept. 22, 2022. Britain’s central bank is under pressure to make another big interest rate hike Thursday. Inflation in the United Kingdom is outpacing other major economies, but the U.S. Federal Reserve and other banks are moving faster to get prices under control. (AP Photo/Kirsty Wigglesworth)

Central banks worldwide tighten policies to cool inflation

Banks from the UK to Papan are following US lead on interest hikes

A view of The Bank of England in London, Thursday, Sept. 22, 2022. Britain’s central bank is under pressure to make another big interest rate hike Thursday. Inflation in the United Kingdom is outpacing other major economies, but the U.S. Federal Reserve and other banks are moving faster to get prices under control. (AP Photo/Kirsty Wigglesworth)
Copies of Postmedia-owned newspapers the Vancouver Sun and The Province are displayed at a store in Burnaby, B.C., on Tuesday January 19, 2016. THE CANADIAN PRESS/Darryl Dyck

Postmedia to end Monday print edition of nine urban daily newspapers

Vancouver Sun, The Province among those publications impacted

Copies of Postmedia-owned newspapers the Vancouver Sun and The Province are displayed at a store in Burnaby, B.C., on Tuesday January 19, 2016. THE CANADIAN PRESS/Darryl Dyck
FILE - In this Thursday, Sept. 20, 2018 photo, a cleaning lady works in an apartment located on Airbnb in Paris. Airbnb hosts are facing an onslaught of frustrations born of renting out their properties to short-term guests. Certain guests have proven disrespectful of hosts’ homes, with some squatting illegally — and getting away with it — and others trashing properties with Silly String, feces and more. (AP Photo/Thibault Camus, file)

Airbnb hosts are sick of Airbnb, too

As criticisms grow, the question is being asked: is Airbnb itself the problem — or are the guests?

FILE - In this Thursday, Sept. 20, 2018 photo, a cleaning lady works in an apartment located on Airbnb in Paris. Airbnb hosts are facing an onslaught of frustrations born of renting out their properties to short-term guests. Certain guests have proven disrespectful of hosts’ homes, with some squatting illegally — and getting away with it — and others trashing properties with Silly String, feces and more. (AP Photo/Thibault Camus, file)
The corporate logo of Teck Resources Limited is shown. THE CANADIAN PRESS/HO

Teck Resources cutting steelmaking coal sales guidance after equipment failure

Elkview operations could be interrupted for one to two months while the repairs are made

The corporate logo of Teck Resources Limited is shown. THE CANADIAN PRESS/HO