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Car cos find roads to dealers choked: PV sales decline for the first time in 2.5 years in July amid sluggish demand

by Horatio Thompson
Car cos find roads to dealers choked: PV sales decline for the first time in 2.5 years in July amid sluggish demand

New Delhi: Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in …

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Unemployment rate unchanged in July, though jobless rate for young people continued to rise

by Anas Siddiqui
Unemployment rate unchanged in July, though jobless rate for young people continued to rise

Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed …

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Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

by Anas Siddiqui
Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into …

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Why drought on the Prairies is making your steak more expensive

by Anas Siddiqui
Why drought on the Prairies is making your steak more expensive

Ask John Wildenborg if he thinks Canadians will be paying more for steak during future barbecue seasons, and the owner of Calgary specialty butcher shop Master Meats doesn’t hesitate. “Prices …

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Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

by Anas Siddiqui
Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and damage, and will opt …

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Federal health minister says he won’t allow Florida to ‘pillage’ the drug supply

by Akin Smith
Federal health minister says he won’t allow Florida to ‘pillage’ the drug supply

Health Minister Mark Holland says Florida’s plan to import cheaper Canadian pharmaceuticals is a non-starter and the federal government will use its regulatory power to ensure the national drug supply …

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B.C. health minister says he expects Ottawa to protect Canadians from drug shortages

by Akin Smith
B.C. health minister says he expects Ottawa to protect Canadians from drug shortages

British Columbia’s health minister says potential exports of Canadian drugs to U.S. states would be a devastating blow — but he doesn’t believe it will come to that. In an interview airing …

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Canada’s economy stalled again in October but likely up 0.1% in November

by Anas Siddiqui
Canada’s economy stalled again in October but likely up 0.1% in November

Canada’s economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Canada data showed on Friday. …

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Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

by Anas Siddiqui
Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

New Kia vehicles that have arrived from overseas are sitting on a storage lot in Wolverton, Ont., purposely locked up even though customers have been waiting months and months — …

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She received the CEBA loan more than 3 years ago — her bank now says she wasn’t eligible

by Anas Siddiqui
She received the CEBA loan more than 3 years ago — her bank now says she wasn’t eligible

With a major deadline to repay a pandemic era loan just over a month away, one small business owner says she’s only now being told she was never eligible for …

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