News

Watchdog: Let Foreign Airlines Take On Air Canada and WestJet

Canada’s Competition Bureau says the country’s airline industry is still far too concentrated, with high prices and limited options for travellers — especially in remote and northern areas. A new report released Wednesday argues that better competition could bring cheaper fares and better service, and outlines steps Ottawa should take to get there. The report,...

Ottawa’s EV Rebates Are Coming Back—But No One Knows When

The federal government is looking to bring back rebates for electric vehicle buyers, though it hasn’t finalized what the new program will look like, Environment Minister Julie Dabrusin said Tuesday. The previous rebate initiative, known as the Incentives for Zero-Emission Vehicles (iZEV) program, launched in 2019 but was paused earlier this year after it ran...

iPhone SOS Feature Rescues Father and Son Stranded on B.C. Beach

A University of Victoria professor and his son were rescued in Cape Scott Provincial Park over the May long weekend after becoming stranded on a remote beach with no way out. The remote provincial park is located on the northwestern tip of Vancouver Island. Michael R. King, a finance professor at UVic’s Gustavson School of...

Ottawa’s Big Tech Tax Will Hammer Your Investments, Warns Industry

The federal government is under fire for pushing ahead with a controversial tax on big tech companies—one that business groups say will hurt Canadians more than help them. In a blunt letter to Prime Minister Mark Carney, some of Canada’s largest business associations—including the Retail Council of Canada and the Canadian Chamber of Commerce—are calling...