CBC Business News

The Quebec-based electric bus and truck manufacturer Lion Electric has announced it is entering creditor protection. It has already cut nearly 1,000 jobs.

Monday’s media lockup for the Fall Economic Statement (FES) will go down in history as one of the weirdest events in Canadian political history.

TikTok on Monday asked the U.S. Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-based parent company agreed to sell it.

In a speech in Vancouver, Bank of Canada governor Tiff Macklem said big structural changes are happening in the world, including a move away from globalization.

The federal government tabled a fall economic statement Monday that calls for more than $20 billion in new spending and explains how last fiscal year's deficit ballooned to $61.9 billion — but it was Chrystia Freeland's abrupt resignation as finance minister and her questioning of her own government's economic policy that sent Canadian politics into a frenzy.

U.S. president-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that Tokyo-based SoftBank would invest $100 billion US in the country over the next four years in what they said would be a boost to its economy.

The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a year ago, marking the second straight month of large year-over-year gains.

In a shocking move, Finance Minister Chrystia Freeland announced Monday she's resigning from Prime Minister Justin Trudeau's cabinet — just hours before she was set to deliver the government's fall economic statement.

The federal government unveils its long-awaited fall economic statement today — putting to rest weeks of speculation about a higher-than-projected deficit and the potential failure of other fiscal "anchors" Ottawa claimed would keep its budget on track.

Canadians could see some relief as they fill their carts this holiday season. Turkey prices appear to be easing, and after years of food inflation, the cost of many staple ingredients has stabilized. Still, years of rising costs mean that many dishes cost more than they once did.

Canada Post says operations will resume on Tuesday after the Canada Industrial Relations Board ordered a return to work.

The federal government announced the plan to temporarily waive the five per cent goods and services tax in a bid to help ease affordability concerns during the holiday season.

An Ontario court has given The Body Shop Canada the approval it needs to sell the majority of its business to a private equity firm. During a virtual hearing on Friday, a judge allowed the cosmetics retailer to proceed with a sale to an affiliate of Markham, Ont.-based Serruya Private Equity Inc.

Labour Minister Steven MacKinnon is sending the labour dispute between Canada Post and the Canadian Union of Postal Workers (CUPW) to the Canada Industrial Relations Board.

Bitcoin has climbed above $100,000 US since Donald Trump won the presidential election. Now, he's filling his administration with pro-crypto advisers, and seems to be backing the idea of a bitcoin reserve held by the U.S. Treasury. Analysts say that could boost the price by another 50 per cent.

With the federal government's GST holiday kicking in Saturday, small retailers say they're preparing as best as they can for what could be a period of shopping chaos.

Airline CEOs defended carry-on baggage fees as they faced questions from MPs on the House transport committee on Friday.

Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent as it continues to work to improve its performance and lower costs from its oilsands assets.

Saturday marks the beginning of the Liberal government’s two-month GST/HST holiday that it says will give Canadians a break on the cost of some essential goods. 

A small claims court has ordered Air Canada to pay a couple $10,000, after an overbooked flight resulted in the two being sent to multiple Canadian airports under the promise of a replacement flight that never materialized, ruining a vacation that had been planned for years.