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business

Your slice of the bread price-fixing settlement is on its way
1 min read

Your slice of the bread price-fixing settlement is on its way

  • business
May 21, 2026 farman.mansoori.ff@gmail.com

Approved claims started getting paid out during the week of May 11, according to the webpage for the class-action settlement. Depending on whether they received a Loblaw gift card in 2018, Canadians who applied can expect to see either $49.11 or $24.11. Source link

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Stellantis refreshing North American products — and building 11 new models by 2030
1 min read

Stellantis refreshing North American products — and building 11 new models by 2030

  • business
May 21, 2026 farman.mansoori.ff@gmail.com

For North America, the plan is designed to expand the automaker’s hybrid offerings, and offer new pickup trucks, a small van and seven “affordable” vehicles. Source link

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Elon Musk's SpaceX plans IPO with shares to be sold as soon as June
1 min read

Elon Musk's SpaceX plans IPO with shares to be sold as soon as June

  • business
May 20, 2026 farman.mansoori.ff@gmail.com

SpaceX took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, with even larger ambitions to colonize Mars and build AI data centres in space. Source link

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Canadian mining company Sherritt signs preliminary deal to sell majority stake to Gillon Capital
1 min read

Canadian mining company Sherritt signs preliminary deal to sell majority stake to Gillon Capital

  • business
May 20, 2026 farman.mansoori.ff@gmail.com

Sherritt suspended direct participation in its joint venture in Cuba earlier this month amid ramped up pressure by the U.S. on the island nation. Source link

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Canadian mining company Sherritt International halts plans to dissolve Cuba business amid sanctions
1 min read

Canadian mining company Sherritt International halts plans to dissolve Cuba business amid sanctions

  • business
May 19, 2026 farman.mansoori.ff@gmail.com

The company says it stopped the dissolution plan after consultations with its advisers, stakeholders and relevant governmental authorities, reversing a decision it announced last week as the U.S. expands sanctions on the country. Source link

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Alberta's timeline for West Coast pipeline 'best-case scenario': CIBC analysts
1 min read

Alberta's timeline for West Coast pipeline 'best-case scenario': CIBC analysts

  • business
May 19, 2026 farman.mansoori.ff@gmail.com

Analysts are encouraged by a “sense of urgency” surrounding a potential new pipeline, but point out the provincial and federal governments still need to agree on the Pathways carbon capture project. There is also opposition to the project from B.C.’s government and some Indigenous groups. Source link

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Canada's annual inflation rate rose to 2.8% in April, thanks to soaring energy prices
1 min read

Canada's annual inflation rate rose to 2.8% in April, thanks to soaring energy prices

  • business
May 19, 2026 farman.mansoori.ff@gmail.com

Economists expected the rate to rise for the month, and it comes after the inflation rate climbed to 2.4 per cent the month before. Source link

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Jury set to deliberate in Musk's lawsuit against OpenAI
1 min read

Jury set to deliberate in Musk's lawsuit against OpenAI

  • business
May 18, 2026 farman.mansoori.ff@gmail.com

Elon Musk, the world’s richest person, has accused OpenAI CEO Sam Altman of “stealing” a “charity” and is calling for his ouster from the company’s leadership. A parade of wealthy Silicon Valley figures have taken the witness stand over the past several weeks, while protesters outside the courthouse took aim at both sides. Source link

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FIFA is notorious for strict copyright rules. Here’s how Toronto businesses are navigating them
1 min read

FIFA is notorious for strict copyright rules. Here’s how Toronto businesses are navigating them

  • business
May 17, 2026 farman.mansoori.ff@gmail.com

To get a sense of what the rules around FIFA branding are, CBC News went through its publicly shared intellectual property guidelines and its hosting addendum with the city. Source link

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Zwilling Kettles recalled by Health Canada due to potential burn risk
1 min read

Zwilling Kettles recalled by Health Canada due to potential burn risk

  • business
May 15, 2026 farman.mansoori.ff@gmail.com

The kettle’s handle can loosen or break off entirely during use, resulting in hot water spills and burns. Health Canada says affected consumers should stop using the kettles immediately and register for a refund. Source link

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