CBC Canada Business
Safety consultant in U.K. quits Shell for 'double talk' on climate
News/Business: A longtime contractor for British multinational Shell has publicly called out the oil and gas company's climate plans, accusing it of "double talk" by saying it wants to cut greenhouse gas emissions while working on tapping new fossil fuel sources.
Starbucks leaving Russian market, shutting 130 stores
News/Business: In a memo to employees Monday, the Seattle coffee giant said it decided to close its 130 stores and no longer have a brand presence in Russia. Starbucks said it will continue to pay its nearly 2,000 Russian employees for six months and help them transition to new jobs.
Shrinkflation is happening on grocery store shelves. What it is, and how to avoid
News/Business: Sometimes called inflation's "sneaky cousin," shrinkflation is popping up on Canadian store shelves. As prices rise, manufacturers may change packaging sizes or put less product inside to maintain profits. Here's how to spot and try to avoid it.
Soaring fuel prices hamper Canadians' long-awaited travel plans
News/Business: After two years of lockdowns and travel restrictions, many Canadians are eager to travel. But while travellers no longer have to worry about a Covid-19 test to return home, they face a new hurdle: skyrocketing fuel costs.
Hoping to rent a car this summer? Good luck
News/Business: History is repeating itself as last summer’s ‘carpocalypse’ makes a return. With travel picking up and more Canadians planning to get out this summer as the pandemic eases, car rental companies are trying to secure more vehicles.
What is 5G, and why is Canada banning Huawei from its telecom networks?
News/Business: The federal government is banning China's Huawei Technologies from involvement in Canada's 5G wireless network. Here's a primer on what led up to this decision and what you need to know about this next-generation wireless technology.
Why high oil prices aren't creating an economic boom in Canada
News/Business: Pain at the gas pumps in Canada is usually offset by a surge in spending and hiring by oil companies. The recent surge in oil prices is still a net benefit to Canada's economy, but not nearly to the extent that we have come to expect.
Alberta's carbon capture rollout plan criticized by industry over transparency, costs
News/Business: Industry leaders in Alberta have criticized the government's rollout of a plan to capture carbon dioxide emissions underground as ineffective and lacking transparency, saying it has delayed billions of dollars of investment and increased costs.
Price fixing has sent Realtor commissions soaring in an already hot market, lawsuit alleges
News/Marketplace: A class-action lawsuit has been launched against the Canadian Real Estate Association, the Toronto Regional Real Estate Board and the largest real estate brokerages in Canada, which alleges that price-fixing has driven up the cost of real estate commissions.
Canadians love their cars so much that high fuel prices won't make most of us change our ways
News/Business: Despite soaring fuel prices, most of us are still driving just as much, an instructive lesson in economic "elasticity" and a warning about why carbon pricing may not be the answer for getting internal combustion engines off the road.
Skyrocketing gas prices leave Cavendish, P.E.I., tourism operators struggling to find staff
News/Canada/PEI: Business owners in P.E.I.'s largest seasonal resort area are hoping for a busy summer following two years of COVID-19 restrictions — but many are struggling to find staff for the upcoming tourist season.