Honda expected to announce multi-billion dollar deal to assemble EVs in Ontario: sources

Concluding what Ontario Premier Doug Ford is calling the “largest deal in Canadian history,” Honda is expected to announce later this week a multi-billion dollar commitment to build electric vehicles and their parts in Ontario, government sources have told CBC News. The senior government sources, who spoke to CBC News on condition of confidentiality because they weren’t authorized … Read more

Anyone want a camper? It’s a buyer’s market for RVs as pandemic-era sales fizzle

Like a lot of Canadians, Alan Hong and his wife bought a trailer in 2020. Air travel was out of the question because of pandemic restrictions, and it made sense to spend time and money exploring the great outdoors.  But now, they’re looking to get off life on the open road and get back in … Read more

Alibaba connects Taobao and 1688 to tap new users as fierce e-commerce competition ratchets higher

Alibaba Group Holding is integrating the services of its online wholesale marketplace 1688 with its flagship consumer shopping platform Taobao, as the e-commerce giant continues to consolidate assets amid internal restructuring and rising competition. Taobao has recently featured three online stores under the 1688 name as it pushes to win over new users, according to … Read more

Boeing CEO Dave Calhoun to step down at end of year amid plane-maker’s woes

Boeing CEO Dave Calhoun will step down from the embattled plane-maker at the end of the year as part of a broader management shuffle, capping a tumultuous five-plus years that have shaken faith in one of the U.S.’s most-storied manufacturers. In a letter to employees announcing his departure, Calhoun wrote that the company is focused on returning Boeing “to … Read more

U.S. eases vehicle emissions rules, but overall reduction targets remain unchanged

The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67 per cent by 2032 to as little as 35 per cent after industry and autoworker backlash in the political battleground state of Michigan. The Environmental Protection Agency (EPA) instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom … Read more

Telecom execs insist wireless prices going down as MPs voice concern over costs

The chief executives of Canada’s three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, noting that increased data usage and high spectrum costs may be some reasons Canadians feel otherwise. The three CEOs — Rogers Communications Inc.’s Tony Staffieri, BCE Inc.’s Mirko Bibic and … Read more

Makers of COVID-19 protective equipment seek over $5 billion in damages from Ottawa

Canadian manufacturers of masks and other equipment for protecting against COVID-19 are seeking more than $5 billion in damages from the federal government, saying Ottawa misled them about buying and helping to sell their products. In a statement of claim filed in Federal Court, the companies and their industry association allege the government made “negligent … Read more

Justice minister says door is open to tougher penalties for auto theft

Canada’s justice minister says he’s looking at options for increasing the penalties for car theft, after the federal government convened a national summit on the issue. In an interview that aired Sunday on Rosemary Barton Live, Virani said solving the problem of rising car thefts was a priority for the government. “One of the principal aspects of the … Read more

Bowled over: Why some Canadians are feeling duped by their breakfast cereal

Ken Bennett, an avid hiker and recreational hockey player, wanted a cereal packed with protein. So last month, he picked up Kellogg’s Vector. Bold lettering on the box declares that it has “high protein” — more specifically, that it “provides 13 g of protein” per serving.  “[It’s] actually pretty high for a breakfast cereal. That’s why I bought it,” said … Read more