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businesses

It’s not just a label for meat: halal investments target Islamic customers

by Anas Siddiqui
It’s not just a label for meat: halal investments target Islamic customers

Whether it’s mutual funds, savings accounts or stock trading, millions of Canadians depend on investments for their financial future.  But for some Muslims, faith took many monetary options off the table because …

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Outlook good for Canadian oil and gas sector, says industry report, but risks remain

by Anas Siddiqui
Outlook good for Canadian oil and gas sector, says industry report, but risks remain

Canada’s upstream oil and gas industry and drilling services sector has a “very favourable” outlook for 2024, according to Enserva’s State of the Industry report released on Thursday. Key highlights of the …

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U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

by Anas Siddiqui
U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest …

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Deal to lower Visa, Mastercard processing fees will come up short for many retailers, critics say

by Anas Siddiqui
Deal to lower Visa, Mastercard processing fees will come up short for many retailers, critics say

The federal government says it has hammered out the final details with Visa and Mastercard to lower credit card transaction fees for merchants, but small business advocates say the deal …

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CIBC fined $1.3M for failing to comply with money laundering and terrorist financing rules

by Anas Siddiqui
CIBC fined .3M for failing to comply with money laundering and terrorist financing rules

Canada’s financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures. The penalty is the second the Financial Transactions …

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‘It scared the hell out of me,’ says lead plaintiff in proposed class-action suit over data breach at 23andMe

by Akin Smith
‘It scared the hell out of me,’ says lead plaintiff in proposed class-action suit over data breach at 23andMe

A proposed class-action lawsuit against 23andMe could include more people in Canada than originally anticipated, experts say, after the genetic testing company said a data breach affected millions more customers than …

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Despite multiple deaths and pleas for action, feds haven’t banned ‘suicide promotion website’

by Akin Smith
Despite multiple deaths and pleas for action, feds haven’t banned ‘suicide promotion website’

WARNING: This story contains distressing details. Federal officials have repeatedly ignored calls to restrict access to an online forum linked to multiple deaths in Canada, according to coroner reports, mental health …

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Indigo bookstore vandalism sparks debate over definition of antisemitism

by Walter Watson
Indigo bookstore vandalism sparks debate over definition of antisemitism

For author and political activist Naomi Klein, red paint and posters plastered on an Indigo book store in Toronto, accusing the chain’s founder Heather Reisman of “funding genocide” for her support of Israel, had nothing …

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Israel’s war with Hamas brings renewed focus to BDS movement and role of boycotts to effect change

by Walter Watson
Israel’s war with Hamas brings renewed focus to BDS movement and role of boycotts to effect change

As the war between Israel and Hamas rages on, consumers and corporations are being drawn into the fight by way of boycotts and other forms of protest. The flareup in …

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First Nations surging to $100B economic force in Canada, Indigenous leaders predict

by Anas Siddiqui
First Nations surging to 0B economic force in Canada, Indigenous leaders predict

Entrepreneur Rob Tebb can see his company becoming bigger — a lot bigger. “The opportunity is there to just grow this business to four or five times the size that …

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