CBC | Business News

    Feds dead set against 'ridiculous' quotas to replace steel, aluminum tariffs

    Feds dead set against 'ridiculous' quotas to replace steel, aluminum tariffs


    Canada is not about to agree to quotas or other limits on its exports in order to get the United States to lift punishing tariffs on steel and aluminum, says a source close to the ongoing talks to resolve the lingering tit-for-tat trade...

    Canada is not about to agree to quotas or other limits on its exports in order to get the United States to lift punishing tariffs on steel and aluminum, says a source close to the ongoing talks to resolve the lingering tit-for-tat trade standoff.

    Canadian airlines tell Ottawa carbon tax will hurt revenues and domestic routes

    Canadian airlines tell Ottawa carbon tax will hurt revenues and domestic routes


    Canadian airlines are urging Ottawa to delay the Jan. 1 imposition of the federal carbon tax, which they warn will boost airfares and push passengers to airports across the...

    Canadian airlines are urging Ottawa to delay the Jan. 1 imposition of the federal carbon tax, which they warn will boost airfares and push passengers to airports across the border.

    Inflation cools to 2.2% as gasoline price hikes slowed down

    Inflation cools to 2.2% as gasoline price hikes slowed down


    The annual pace of inflation slowed more than expected in September as increases in the price of gasoline eased compared with...

    The annual pace of inflation slowed more than expected in September as increases in the price of gasoline eased compared with August.

    Pressure mounts on Morneau to boost deduction for capital investments

    Pressure mounts on Morneau to boost deduction for capital investments


    Wayne Easter answered the phone in the middle of a quick lunch. The chair of the Commons finance committee was in Winnipeg yesterday with other committee members, listening to submissions on what should be in the next federal...

    Wayne Easter answered the phone in the middle of a quick lunch. The chair of the Commons finance committee was in Winnipeg yesterday with other committee members, listening to submissions on what should be in the next federal budget.

    '(It's) the way to go': Brian Mulroney explains his about-face on cannabis

    '(It's) the way to go': Brian Mulroney explains his about-face on cannabis


    Former prime minister Brian Mulroney — whose government once introduced legislation continuing to classify marijuana in the same category as heroin — has not only become a born-again weed evangelical, but now says Canada is poised to influence the...

    Former prime minister Brian Mulroney — whose government once introduced legislation continuing to classify marijuana in the same category as heroin — has not only become a born-again weed evangelical, but now says Canada is poised to influence the rest of the world to join the cannabis bandwagon.

    Majority of first-time buyers maxed out budgets to buy a home: CMHC

    Majority of first-time buyers maxed out budgets to buy a home: CMHC


    A majority of first-time homebuyers say they maxed out their budgets when they bought their homes, according to a survey released today by the Canada Mortgage and Housing...

    A majority of first-time homebuyers say they maxed out their budgets when they bought their homes, according to a survey released today by the Canada Mortgage and Housing Corp.

    Locking in your mortgage could save you money, but it depends on your plans

    Locking in your mortgage could save you money, but it depends on your plans


    Homeowners with variable mortgage rates have seen their rates rise over the past year as the Bank of Canada has raised its key interest rate target four...

    Homeowners with variable mortgage rates have seen their rates rise over the past year as the Bank of Canada has raised its key interest rate target four times.

    How much longer can Canada's low oil price last?

    How much longer can Canada's low oil price last?


    The Western Canadian oil industry is losing at least $100 million every day, according to an analyst's...

    The Western Canadian oil industry is losing at least $100 million every day, according to an analyst's estimate.

    Surging U.S. deficit a warning for Canadians wanting tax cuts: Don Pittis

    Surging U.S. deficit a warning for Canadians wanting tax cuts: Don Pittis


    A call from a Canadian Senate committee to follow the U.S. lead in cutting corporate taxes comes just as the hazards of that policy loom larger south of the...

    A call from a Canadian Senate committee to follow the U.S. lead in cutting corporate taxes comes just as the hazards of that policy loom larger south of the border.

    Shares of pot companies enter age of legalization with a thud

    Shares of pot companies enter age of legalization with a thud


    On the first day that Canadians are legally allowed to get high, stocks in Canadian marijuana companies did something perhaps unexpected: they went...

    On the first day that Canadians are legally allowed to get high, stocks in Canadian marijuana companies did something perhaps unexpected: they went low.

    Canada to apply USMCA cultural exemption to trade in digital media

    Canada to apply USMCA cultural exemption to trade in digital media


    The broad cultural exemption Canada fought to keep in the renegotiation of the North American free trade deal will allow for Canadian content rules in digital media. But the Trudeau government will not apply the exemption to avoid extending the length of...

    The broad cultural exemption Canada fought to keep in the renegotiation of the North American free trade deal will allow for Canadian content rules in digital media. But the Trudeau government will not apply the exemption to avoid extending the length of copyright protections for artistic works.

    Federal government's tariff relief plan faces criticism; Morneau says 50 firms tariff-free

    Federal government's tariff relief plan faces criticism; Morneau says 50 firms tariff-free


    Finance Minister Bill Morneau says 50 Canadian companies have so far been exempted from paying surtaxes on U.S. steel and aluminum imports that have been in place since Ottawa imposed retaliatory tariffs last...

    Finance Minister Bill Morneau says 50 Canadian companies have so far been exempted from paying surtaxes on U.S. steel and aluminum imports that have been in place since Ottawa imposed retaliatory tariffs last summer.