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  • China’s ambassador warns Trump of ‘trade war’ over tariffs

    March 22, 2018 8:44 PM 2

    “We don’t want a trade war,” China’s ambassador to the U.S. said. “But we are not afraid of it.” China’s ambassador to the U.S. warned Donald Trump the Asian nation would return fire on tariffs the U.S. president announced, saying the American middle class would pay the price. “We don’t want a trade war,” Chinese ambassador Cui Tiankai said in a video

  • Starbucks vows to close gender wage gap at stores in Canada

    March 22, 2018 4:43 PM 5

    Starbucks Corp. is vowing to close the gender wage gap at its Canadian stores. The coffee giant’s vice president of partner resources in Canada says it will conduct a thorough national review to ensure it offers equal pay for equal work in every province. The company’s promise comes after it says it reached 100 per cent pay equity in the U.S. and wants

  • TSX plunges in broad-based decline that includes major resource, marijuana stocks

    March 22, 2018 3:51 PM 6

    Canada's main stock index plunged this morning in a broad-based decline that includes major resource and marijuana stocks. The Toronto Stock Exchange's S&P/TSX composite index was down 192.11 points to 15,483.17, after 90 minutes of trading. In New York, the Dow Jones industrial average was down 365.18 points to 24,317.13. The S&P 500 index was down 37.32 points

  • CEO of company that makes Bratz dolls leads effort to save some Toys ‘R’ Us stores

    March 22, 2018 1:47 PM 6

    Isaac Larian and other investors have pledged $200 million and are hoping to raise more through crowdfunding to possibly save more than half of the Toys “R” Us stores set to close after the company filed for bankruptcy. Larian says he and the other investors believe that saving part of Toys “R” Us will be good for the toy industry, customers and workers

  • Lakeview lands sold to developers for $275M

    March 21, 2018 5:32 PM 5

    No details on when the 177-acre site on the Mississauga waterfront will become a mixed-use residential, commercial community. Mississauga councillor Jim Tovey, who died in January, is widely credited with the vision for transforming the waterfront near Cawthra Rd., south of Lakeshore Rd. E. “Mississauga is ready to work with the consortium to build a master-planned

  • Oilsands alliance aiming to cut down on reliance for steam, a major greenhouse emissions source

    March 20, 2018 6:38 PM 7

    Canada’s Oil Sands Innovation Alliance says the generation of steam leads to almost 80 per cent of the sector’s greenhouse gas emissions. Canada generates about 1.8 per cent of global greenhouse gas emissions and the oilsands contribute about 9.3 per cent of that total — the Alberta government has set a hard cap of 100 million tonnes per year, which

  • Statistics Canada reports wholesale sales rose to $63.3 billion in January

    March 20, 2018 4:13 PM 7

    The rise is due to the food, beverage and tobacco, and the machinery, equipment and supplies subsectors. OTTAWA—Statistics Canada says wholesale sales rose 0.1 per cent to $63.3 billion in January, helped by the food, beverage and tobacco subsector, and the machinery, equipment and supplies subsector. The agency says sales were up in four of seven subsectors

  • Orbitz hack exposed data of 880,000 customers in 2016 and 2017

    March 20, 2018 2:29 PM 6

    Orbitz says a legacy travel booking platform may have been hacked, potentially exposing the personal information of people that made purchases between Jan. 1, 2016 and Dec. 22, 2017. It's not immediately clear if any Canadian customers were included, but CBC News has reached out to the company for more information. Orbitz said data that was likely exposed

  • Aeroplan members to start earning miles on Amazon purchases next month

    March 19, 2018 7:34 PM 7

    “This is very much in line with where you will see us heading, which is focused on everyday earn,” said Matt Hall, vice-president Aeroplan partnerships. Aeroplan also has exclusive partnerships like Toyota and Home Hardware for bigger ticket purchases. They gained more than 19 per cent at $1.91 in afternoon trading on the Toronto Stock Exchange, paring

  • Via Rail to purchase new trains with federal funding

    March 19, 2018 4:37 PM 7

    Via says it expects the new trains, with more fuel-efficient engines and enhanced accessibility for visually, hearing and physically impaired passengers, will be in service by 2022. They will reduce environmental emissions with more fuel-efficient engines, enhance accessibility for visually, hearing and physically impaired passengers and improve on-time