Business

Amazon releases Echo Look, a web-connected speaker and camera to help you dress yourself

The first versions of its voice activated Echo speakers still haven’t been released in Canada, but technology giant Amazon is already unveiling a new model which includes a camera that can take pictures of its surroundings on command. Earlier versions were essentially home speaker systems connected to the internet and powered by Alexa, Amazon’s artificial intelligence sytem that allows the user to interact with the ...

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Number of highest-earning Canadians paying no income tax is growing

​By Monday, most Canadians will get their annual taste of tax theory at work: the more you earn, the more tax you pay. But not quite everyone. A CBC News analysis of Canada Revenue Agency (CRA) data shows that, between 2011 and 2014, a growing number of Canadians earning a six-figure income or more didn’t pay a cent in income ...

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‘America Last’: A dangerous reaction to Trump’s trade bullying: Don Pittis

At first it was easy to discount U.S. President Donald Trump’s outrageous comments on trade. They came in the same breath as vows to build a wall along the entire U.S.-Mexico border and remarks about dating his own daughter. But now with the planned imposition of duties of up to 24 per cent on Canadian lumber, Trump has demonstrated to the world that he is not merely ...

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United Airlines to offer up to $10K US to bumped passengers

United Airlines said on Thursday it would offer passengers who volunteer to forfeit their seats on overbooked flights up to $10,000 US as part of the carrier’s efforts to repair the damage from the rough removal of a passenger. The offer came after rival Delta outlined plans to offer up to $9,950 in such cases. United also said it would ...

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All French’s ketchup sold in Canada to be made in Canada starting next month

New The Canadian Press Posted: Apr 26, 2017 3:45 PM ET Last Updated: Apr 26, 2017 3:51 PM ET Related Stories An Ontario facility will start producing French’s ketchup early next month as condiment companies continue to battle for Canadian dollars with displays of national pride. Select Food Products Ltd. will produce all of the company’s ketchup sold in Canada ...

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Trump proposes dramatic tax cuts for companies big and small

President Donald Trump proposed dramatic cuts in the taxes paid by corporations big and small Wednesday in an overhaul his administration says will spur economic growth and bring jobs and prosperity to the U.S. middle class.

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CMHC maintains red alert on Canadian housing, but notes signs of improvement

Canada’s housing agency says while there are some signs of improvement, the national real estate market is still displaying ‘problematic conditions’ as a whole. Canada Mortgage and Housing Corporation said in its quarterly housing forecast on Tuesday that the national housing market is still showing “strong evidence of problematic conditions,” the same state it was in back in January when ...

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BCE lowers benchmark earnings estimate for 2017 following MTS takeover

BCE says Q1 adjusted earnings were 87 cents per share, four cents above estimates of analysts The Canadian Press Posted: Apr 26, 2017 1:08 PM ET Last Updated: Apr 26, 2017 1:11 PM ET Related Stories The parent of Bell Canada has lowered its benchmark earnings estimate for this year in revised guidance issued on Wednesday ahead of the company’s ...

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Twitter sees first revenue drop since IPO

You’d think Twitter would be able to milk its status as President Donald Trump’s megaphone. But the company still faces stagnant user growth, has never made a profit and even reported a quarterly revenue decline Wednesday, a first since going public. Trump’s frequent tweets ricochet well beyond his 28 million Twitter followers. Anything he tweets can serve as fodder for ...

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