Business

Q&A: How to avoid car dealerships pushing maintenance you don’t need

An undercover Marketplace investigation exposed evidence some dealerships sell unnecessary service and push regular maintenance much sooner than the manufacturer recommends. Following the report, Marketplace host David Common and expert mechanic Mark Whinton participated in a Facebook Live, answering questions from viewers about their vehicles and how to determine what needs doing when at the dealership. Be very suspect if ...

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‘Trump has scared the bejesus out of everyone’: How Canada could win the Amazon sweepstakes

Handicapping the Amazon sweepstakes has become something of a cottage industry in the last few weeks. Predictions of which city will land the company’s coveted second headquarters cite everything from the bright lights of big cities like New York and Boston to Denver’s crisp Rocky Mountain air to Chicago’s spot as a hurricane-free haven.   The vestiges of our latent national ...

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OPEC says winning battle to end oil glut

OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter of 2018, ministers said on Friday. The Organization of the Petroleum Exporting Countries, Russia and several other producers have cut production by about 1.8 million ...

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Mastermind Toys ramps up expansion even as Toys “R” Us flounders

Jon Levy’s favourite playthings as a Toronto child growing up in the 1960s and 1970s included Lego blocks and fort-building kits — classics that still fly off the shelves of his Mastermind Toy stores today. “My true innovation in this business is being able to get inside my inner kid and determine whether it is something truly fun to play ...

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U.K.’s Theresa May tries to revive Brexit talks in Italy speech

British Prime Minister Theresa May set out her plan for future ties with the European Union in a speech that she hopes will help spur negotiations over the country’s divorce from the bloc. Britain is scheduled to leave the EU in March 2019 after a surprise referendum result that has triggered more than a year of political turmoil, put business ...

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Tim Hortons accuses disgruntled franchisees of leaking confidential info, breaching contracts

New Latest turn in acrimonious fight between chain and some of its franchisees over recent changes The Canadian Press Posted: Sep 22, 2017 9:31 AM ET Last Updated: Sep 22, 2017 9:31 AM ET A group representing frustrated Tim Hortons franchisees says its board members have been accused by the company of helping leak confidential information. The Great White North ...

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Higher prices for gasoline and airfare help push up inflation rate to 1.4% in August

Canada’s inflation rate increased by two ticks to 1.4 per cent in August as transportation costs such as gasoline and airplane tickets got more expensive. Statistics Canada reported that transportation costs rose by 2.8 per cent in the year up to August. That’s up from a 1.9 per cent annual increase the previous month. Gasoline prices were a major driver ...

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‘You have to upsell them’: Marketplace exposes how dealerships push maintenance you don’t need

An undercover Marketplace investigation has exposed evidence of what many car owners have long suspected: some dealerships sell unnecessary service and push regular maintenance much sooner than the manufacturer recommends. Using hidden cameras and bait cars that were inspected by independent expert mechanics, Marketplace discovered some common upselling techniques used by service advisers. Two of the dealerships Marketplace visited didn’t try ...

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GM laying off 255 at St. Catharines plant due to strike at CAMI facility

Layoff notices have been handed out to 255 workers at the General Motors transmission-making factory in St. Catharines, Ont., as effects spread from a strike that started Sunday at the GM CAMI plant in Ingersoll, Ont. Unifor 199 chairman Tim McKinnon says at least 255 of the 350 workers at the St. Catharines plant will be laid off starting Monday, ...

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U.S. stock market regulator urging corporate cybersecurity upgrades is hacked

The U.S. federal agency responsible for ensuring that markets function as they should and for protecting investors was hacked last year and the intruders may have used the nonpublic information they obtained to profit illegally. The disclosure arrived two months after a government watchdog said deficiencies in the computer systems of the Securities and Exchange Commission put the system, and ...

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