CBC Canada Business
More signals of a Roaring '20s rebound for Canadian economy when pandemic ends
News/Business: Despite the biggest economic slump since 1961, there are new signals that the Canadian economy will bounce back due to an "extraordinary" surge in wealth and savings and a rebound in confidence.
Bill Gates says shift to zero carbon world is an opportunity, not a death knell, for Canada's oilpatch
News/Business: Gates has spent the last several years examining just how tough the climate change battle will be and admits, "this is going to be harder than any other domain that I've ever worked in.”
2020 was the worst year on record for Canada's economy. It shrank by 5.4%
News/Business: Canada's economy shrank by 5.4 per cent last year, official data from Statistics Canada showed Monday, making 2020 officially the worst year for the country's economic output since record keeping began.
The optimism paradox: Why good news has rattled markets
News/Business: A global rout in markets, a sell-off in bonds, all due to the prospect of a strengthening economy? The explanation involves the uncertainty of where interest rates go from here if a post-COVID-19 economy gets cooking.
Sale to cosmetics giant Estée Lauder has some questioning whether Toronto's Deciem will change its foundation
News/Business: Fans of affordable skincare around the world may be wondering what will happen to their favorite, low-priced brand, now that the successful Canadian maker of The Ordinary has been scooped up by Estée Lauder.
There are new rules this tax season, courtesy of COVID-19. Here's what you need to know
News/Business: This is going to be a tax season like no other. If you collected government benefits in 2020, you might end up owing more money than in previous years. However, if you spent part of the year working from home, you could wind up with a bigger refund than usual.
Canada Pension Plan chief resigns after getting vaccinated against COVID-19 in Dubai
News/Business: The chief executive of the fund that manages Canada Pension Plan investments has resigned after it was revealed that he decided to travel to the United Arab Emirates, where he arranged to be vaccinated against COVID-19.
Science will lead the way on border reopening, U.S. secretary of state says
News/Politics: The United States will not be putting an arbitrary timeline on when the Canada-U.S. border should reopen because the Biden administration is going to let science do the talking, said U.S. Secretary of State, Antony Blinken.
Ontario man fined $3.8K at land border crossing amid confusion over who's 'essential'
News/Canada/Windsor: An Ontario man who says he normally has no problem crossing the Windsor-Detroit border for work was surprised to learn this week he's subject to new rules — because, he was told, he doesn't cross every day.
U.S. ticketing company's box office bust costing grassroots Canadian artists
News/Canada/British Columbia: Seattle-based Brown Paper Tickets is facing complaints and legal action over allegations of not paying artists and event organizers the ticket monies they are owed. Some in the Canadian arts community allege they too have been burned and it's another hit in a year marred by the pandemic.
Biden's trade pick says she's focused on helping U.S. workers, holding back China
News/Politics: Some cabinet confirmations turn into partisan wrestling matches. By the end of her appearance at the Senate Finance committee Thursday, the confirmation of Katherine Tai as the next United States Trade Representative felt more like a collective laying on of hands.
Imperial Oil reports one-billion-barrel drop in bitumen reserves at end of 2020
News/Canada/Calgary: Imperial Oil Ltd. is cutting one billion barrels from its inventory of oilsands bitumen following a year marked by low oil prices and budget cutting amid the COVID-19 pandemic and a global price war between major oil producers.