Thursday, August 10, 2017

It takes twice as many weeks of salary to buy a house today as...

The cost of a Canadian home in terms of how much you have to work to pay for it has surged in recent years, a new analysis of data from the Broadbent Institute in Ottawa said Thursday....

Government meddling in wireless to create 4th carrier has hurt consumers, group says

Consumers were on the losing end of a gamble by the former Conservative government when it sought to create more competition in the wireless market by interfering in it, says a new report released Thursday....

Fort McMurray wildfire burning so hot only weather can stop it

The blaze that has engulfed areas of Fort McMurray, Alta., offers some key insights into the science of wildfires and why they can be so difficult to battle....

Fort McMurray wildfire slows down oilsands production

The wildfire in Fort McMurray have devastated the community and continue to rage on. The region is the economic heart of Alberta and key to the world oil market. The market is watching production slow, as workers are evacuated from the area....

Aeroplan customers can now fly cash-free but some still feel gouged

Aeroplan members can now use points instead of cash to cover added airline fees. But not all customers are pleased. That's because, for flights with big fees, the extra points required can sometimes add up to more than the points needed for the flight itself....

Tesla Motors net loss widens on Model X woes

Shares of Tesla Motors were up more than four per cent in after-hours trading as the company posted higher revenues in the first quarter than analysts had been expecting....

The unstoppable power of a giant forest fire: Don Pittis

As Canadian hearts go out to the people who lost everything in a night of terror, a former firefighter explains why giant forest fires are so terrifying and unstoppable. Don Pittis spent nearly a decade fighting fires in Ontario and the N.W.T., and says the only option was getting out of the way....

Loblaw’s Weston sees lower food prices returning

Rising food prices led to more shoppers looking for discounts on their grocery bills in the last quarter, but the head of Canada's largest grocery retailer forecasts prices will be coming back down sooner, rather than later....

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