business
New home construction dropped 17% in October, says CMHC
The annual pace of housing starts, also known as new home construction, fell 17 per cent in October compared with September, the Canada Mortgage and Housing Corp. said on Tuesday. Source link
Cloudflare outage takes down ChatGPT, X, other internet services
Internet infrastructure provider Cloudflare says it has identified an issue that caused outages for the social media platform X, some multiplayer games and ChatGPT. Source link
Annual home sales fall in October as CREA expects lower rates to boost market in 2026
The Canadian Real Estate Association says the number of residential properties that changed hands in October was lower compared to a year ago, as prices also fell. Source link
Inflation rate ticks down to 2.2% in October
Canada’s inflation rated edged down to 2.2 per cent in October, largely due to gas prices falling at a faster pace, Statistics Canada said on Monday. Source link
Rogers clients complain of customer service nightmare, spending hours on hold to resolve simple issues
Rogers customers say they’re furious about what they say is a lack of customer service — spending hours and hours trying to cancel services or fix bills — as workers who handled Rogers customer service calls get laid off. Experts point to a lack of competition in the industry and few regulatory protections as the […]
How 4 different expansions are planned for Canada's largest oil export pipeline system
Enbridge is pursuing several expansions to export oil through its pipeline system, which should meet the needs of the oil industry. So what does that mean for Alberta Premier Danielle Smith’s lobbying for a new pipeline? Source link
The fast-food industry is trying to lure in Gen Z diners. Is the meal deal helping?
Fast-food chains like Chipotle and McDonald’s are lowering their sales forecasts for next year and luring people in with value meals as they foresee a pullback in spending from low-income and younger diners. Source link
You could get at least $50 from the bread price-fixing settlement. But the deadline is coming up
Your chance to get a piece of a $500-million class action settlement, following a years-long bread price fixing scheme will soon expire. Source link
Grand Theft Auto makers accused of union-busting after firing employees in Canada, U.K.
The company behind the Grand Theft Auto games fired more than 30 employees last week in what a union leader called an egregious example of union-busting, with some effects being felt in Canada. Source link
MEG takeover saga draws to a close as Cenovus completes purchase
Oilsands giant Cenovus Energy has completed its takeover of MEG Energy, and gets another 110,000 barrels of production per day with the purchase. Source link