OTTAWA — Although the big telecom companies have agreed to exempt some customers from fees charged for paper invoices, the federal government says it’s going to end the whole practice.
Industry Minister Jams Moore says the government will introduce legislation to end what is called pay-to-pay, that is charging people for a monthly bill on paper.
TORONTO — Canadians are probably paying more than half a billion dollars a year to receive printed bills and bank statements by mail, suggests a report released Wednesday by the Public Interest Advocacy Centre.
OTTAWA — The Canada Post Group of Companies reported Wednesday a net profit of $67 million in the second quarter, boosted by growth in its parcel delivery business and lower pension costs
TORONTO — The Royal Bank (TSX:RY) says housing was more affordable across Canada in the second quarter as low mortgage rates offset solid price increases.
In its latest Housing Trends and Affordability Report, the bank says it found that owning a home was more affordable in virtually all provincial and major local markets in the quarter.
REGINA — A food fight of sorts could be growing between Canada and the United States over a tiny berry.
A U.S. researcher with the Cornell University Co-operative Extension is suggesting Canadians use the name Juneberries when selling Saskatoons south of the border.
The Saskatoon berry, which mostly grows on the Prairies, looks similar to a blueberry but is considered more nutritious.
OAKVILLE, Ont. — Miami-based Burger King is buying Canada’s iconic coffee chain Tim Hortons for about US$11-billion in a deal that will allow the two fast food companies to operate as independent brands.
The companies say the transaction will create a new company that will form the world’s third-largest quick service restaurant company.
Families of passengers who were on the Malaysia Airlines plane shot down over Ukraine are starting to sort through the long process of gaining compensation for their loss.
Officials in the Netherlands, where the majority of Flight 17 victims lived, say that Malaysia Airlines has been making $50,000 payments to the families without admitting any wrongdoing in the crash.
MIAMI — Burger King is in talks to buy Tim Hortons in hopes of creating a new, publicly traded company with its headquarters in Canada.
With a new base in Canada, Burger King, now based in Miami, could shave its U.S. tax bill. Tax inversions have become increasingly popular among U.S. companies trying to cut costs.
THUNDER BAY, Ont. — An environmental group has filed court documents saying a lawsuit against it is an attempt to silence its criticism of a forestry company’s harvesting practices.
NEW YORK — Fitch Ratings has affirmed Canada’s triple-A credit rating and says the outlook is stable.
The New York-based global ratings agency, in a report issued Tuesday, said its assessment was based, among other factors, on Canada’s political stability and track record of prudent fiscal management.