business

The Japanese video-game company behind the Super Mario and Pokemon franchises announced it’s raising prices on the Nintendo Switch 2, citing challenging business conditions. Source link

The Statistics Canada data released on Friday indicates a continued weakness in the labour market, which has struggled in the ​face of U.S tariffs and trade uncertainty. Source link

In an internal note obtained by CBC News, Bell said it investigated and terminated an undisclosed number of employees for “misrepresenting their presence in the workplace.” But several fired employees, and the lawyer representing them, say they believe the employees were actually fired for economic reasons, rather than misconduct. Source link

The United States on Thursday imposed ‌financial sanctions on a sprawling business conglomerate run by Cuba’s military and a Cuban-Canadian mining joint venture, as the Trump administration ramps up pressure on the island’s communist leaders by targeting sources of foreign investment. Source link

Maple Leaf Foods Inc. says it’s reviving five Yves products, including veggie deli sliced products and original and Mexican veggie ground round. Source link

Rents in Canada have fallen back to the same level they were at three years ago, according to the new report from Rentals.ca and Urbanation. But average rents are still 21.9 per cent higher than the pandemic-era low of April 2021. Source link

Air travel continues to be impacted by soaring fuel prices. On Thursday, Air Canada confirmed that, due to the current high cost of jet fuel, it’s halting service earlier than planned on four seasonal flights to U.S. destinations. Source link

Prime Minister Mark Carney has said wages are rising faster than inflation. CBC’s Fact Check team dives deeper into that claim Source link

Analysis of data from three census cycles showed that 16.3 per cent of millennials aged 25 to 39 were living with parents in 2021, whereas 8.2 per cent of baby boomers in 1991 were doing the same. But the high cost of housing wasn’t entirely to blame, according to Statistics Canada. Source link

Japanese news media reported that Honda Motor plans to indefinitely halt the development of its $15-billion electric vehicle complex in Canada, though Honda Canada said they had nothing to report at this time. Ottawa acknowledged automakers face “significant challenges,” but did not say whether the company had updated them on those plans. Source link