CBC Business News

TD Bank CEO Bharat Masrani said during the bank's second quarter earnings call Thursday that it failed to thwart criminal activity on multiple occasions. Some experts say that Canada's regulatory system needs to be more aggressive in punishing banking institutions that let financial crime go unchecked.

According to federal government newspaper Canada Gazette, Trans Mountain Corporation and the Canada Development Investment Corporation will no longer need to consult a top government official to incorporate their subsidiaries.

Canada's banking regulator says real estate secured lending and mortgages are among the top risks the country's financial system is facing, as higher interest rates pressure borrowers.

The head of telecom and media firm Quebecor is calling for the federal government to intervene over a deal between Loblaw and a company owned by Rogers and Bell that would see his company — and other telecom companies — pushed out of 180 Loblaw-owned stores.

WestJet is pushing back its planned integration of Sunwing Airlines, which the Calgary-based carrier acquired last year.

Boeing, a giant in the aircraft manufacturing industry, is putting up $240 million to create an aerospace innovation zone in the Montreal area, with operations in the city's Saint-Laurent borough, Longueuil and Mirabel.

Canada's consumer price index cooled to 2.7 per cent in April, down from 2.9 per cent in March, led by a decline in the growth of food prices, Statistics Canada said Tuesday.

One passenger died and 30 were injured after a Singapore Airlines flight from London hit severe turbulence Tuesday, forcing it to make an emergency landing in Bangkok, officials and the airline said.

Company said it had "heard questions" about how it selects the lifelike audio options available for its flagship artificial intelligence chatbot and wanted to address them.

Large and often international companies have been snapping up local clinics around Canada, raising questions come about who's in control of animal care, costs and the future of the independent vet.

CBC's Marketplace rounds up the consumer and health news you need from the week.

It's one of the only ways Quebec distillers can sell their products. But as the Société des alcools du Québec aims to cut down on a glut of locally produced spirits amid a downturn in sales and a crowded market, some producers are worried.

Canada’s industry minister says Ottawa is “considering all measures” after the U.S. announced it would be hiking tariffs on Chinese electric vehicles and other related goods.

Quebec will abolish a floor on gas prices and institue a price registry to try to improve the competitiveness of the fuel market.

Canadian fans are tallying up the cost of a flight, hotel and ticket, and are finding that travelling to Europe to see Taylor Swift in concert may be better bang for their buck than seeing the show on Canadian soil.

Loblaw Companies Ltd. says it's ready to sign on to the grocery code of conduct as long as other industry players do, too, paving the way for an agreement that's been years in the making.

Some retailers are beefing up anti-theft measures, such as locking the wheels on shopping carts, that have raised the ire of shoppers. Loblaw and an industry group says retailers are fighting a rise in organized crime.

Shoppers may find themselves doing a double take in the olive oil section of their local grocery stores these days as industry analysts say prices have reached a record high.

The annual rate of housing starts in Canada fell slightly by one per cent compared with March 2024, while the number of residential home sales dropped in the same period of time, according to the Canadian Real Estate Association and the Canada Mortgage and Housing Corporation.

Boeing has violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft more than five years ago, the Justice Department told a federal judge on Tuesday.