Montreal

3333 Boul. Graham, Suite 700
Mount-Royal, QC, Canada H3R 3L5
Tel: +1 514-360 5200

Toronto

1212 Dundas St W, Suite B
Mississauga, ON, Canada L5C 1E2
Tel: +1 647-478 8264
Tel: +1 647-709 7816

National Capital Region (NCR)

437 Temiskaming Cr.
Ottawa, ON, Canada K2J 0V5
Tel: +1 613-454 5695

Lahore

517 Siddique Trade Center
Gulberg Lahore Pakistan 54000
Tel: +92 432-576 4524
info@cpact.ca
Fax: +1 514-360 5201

Canadian Business News

U.S. regulator moves to block Microsoft's takeover of Activision Blizzard

Thu, 8 Dec 2022 15:32:25 EST
The U.S. Federal Trade Commission said Thursday it is suing to block Microsoft's planned $69 billion US takeover of video game company Activision Blizzard, saying it could suppress competitors to its Xbox .. Read More
Courtsey:CBC | Business News

CRTC rejects Telus application to charge credit card fee on some customer bills

Thu, 8 Dec 2022 12:08:17 EST
Canada's telecom regulator has rejected an application by Telus to charge some customers who pay their bill for a home phone line with a credit card... Read More
Courtsey:CBC | Business News

Porter Airlines to fly out of Pearson to Vancouver, plus Ottawa and Montreal

Thu, 8 Dec 2022 11:38:34 EST
Porter Airlines has announced an aggressive expansion plan, one that will see the Toronto-based regional airline start flying new routes out of Canada's biggest airport, to destinations farther away than t.. Read More
Courtsey:CBC | Business News

Keystone pipeline shut after oil release into Kansas creek

Thu, 8 Dec 2022 10:19:30 EST
The size and scope of the oil spill caused by the Keystone pipeline Wednesday remains unknown, but analysts say Canadian crude could suffer a significant price impact if the pipeline is shut down for more .. Read More
Courtsey:CBC | Business News

How does increasing interest rates actually help curb inflation?

Wed, 7 Dec 2022 22:32:40 EST
Once again, the Bank of Canada has raised its benchmark interest rate — this time to 4.25 per cent — reassuring us that its seemingly unending series of hikes are going to eventually help take the bite out.. Read More
Courtsey:CBC | Business News

After hiking interest rates 7 times this year, Bank of Canada opens door to standing pat

Wed, 7 Dec 2022 09:10:10 EST
The Bank of Canada raised its benchmark interest rate for the 7th time this year, but gave its strongest indication yet that it may be nearing the end of the current cycle of rate hikes... Read More
Courtsey:CBC | Business News

'More than disappointing': Air Canada to stop direct flights to Calgary from Regina, Saskatoon

Wed, 7 Dec 2022 16:46:12 EST
CBC News has confirmed that Air Canada will be cancelling direct flights from the Saskatoon and Regina airports to Calgary in mid-January. In an open letter to Air Canada, Economic Development Regina is ex.. Read More
Courtsey:CBC | Business News

For about $50 million, B.C.'s Fairmont Hot Springs Resort could be all yours

Wed, 7 Dec 2022 15:33:41 EST
Fairmont Hot Springs Resort in British Columbia’s East Kootenay is up for sale, with an asking price that will require a buyer with some deep pockets... Read More
Courtsey:CBC | Business News

Dollarama sees another strong quarter as demand for affordable products continues

Wed, 7 Dec 2022 16:27:55 EST
Dollarama Inc. recorded another strong quarter as inflationary pressures continue to drive consumer demand for consumable products at the discount retailer... Read More
Courtsey:CBC | Business News

New $2 coin honouring life of Queen Elizabeth goes into circulation this month

Wed, 7 Dec 2022 10:04:08 EST
The Royal Canadian Mint has released a new $2 coin to mark the passing of Canada's recently deceased head of state, Queen Elizabeth... Read More
Courtsey:CBC | Business News

Women sue Apple, claim AirTags helped exes stalk them

Wed, 7 Dec 2022 11:21:50 EST
Apple has been sued by two women who said its AirTag devices have made it easier for former partners and other stalkers to track down victims... Read More
Courtsey:CBC | Business News

Hertz agrees to pay $168M for falsely accusing customers of stealing cars

Tue, 6 Dec 2022 09:12:23 EST
Hertz says it will pay approximately $168 million by the end of the year to settle the majority of the lawsuits brought against the rental car company by some of its customers who were wrongly accused of s.. Read More
Courtsey:CBC | Business News

Consumer debt climbs to highest level since early pandemic, up 7% since last year

Tue, 6 Dec 2022 07:02:45 EST
Equifax Canada says an increase in borrowers helped push total consumer debt to $2.36 trillion in the third quarter, for a 7.3 per cent rise from last year, even as mortgage volumes decline... Read More
Courtsey:CBC | Business News

The Bank of Canada sets rates as if knows the future even though it doesn't

Tue, 6 Dec 2022 04:00:00 EST
Just as in the past, when Tiff Macklem and Carolyn Rogers make their rate decisions there is one thing for sure. It will be too much, too little or just right. And as in the past it may be very, very wrong.. Read More
Courtsey:CBC | Business News

First ever Canadian-made electric delivery vans roll off the line at GM's CAMI facility in Ingersoll

Mon, 5 Dec 2022 08:08:29 EST
The first vehicles are rolling off the line at a GM plant in Ingersoll, Ont., in what the automaker says is the first full-scale electric vehicle-making facility in Canada... Read More
Courtsey:CBC | Business News

Hoping for a break on your grocery bill next year? Don't bank on it, new report suggests

Mon, 5 Dec 2022 04:00:00 EST
Anyone hoping for a break on sky-high grocery bills should brace themselves for a shock, as the typical family's food bill for the year is predicted to go up by more than $1,000... Read More
Courtsey:CBC | Business News

Family says Amazon shipped fake product, refuses refund until 'correct' item returned

Mon, 5 Dec 2022 04:00:00 EST
A Calgary man thought it'd be a nice present for his son — ordering computer parts on Amazon so his newly minted high school grad could build his own PC. But when the $690 graphics card arrived, it turned .. Read More
Courtsey:CBC | Business News

Do your food deliveries take forever to arrive? You may be a lousy tipper

Sun, 4 Dec 2022 04:00:00 EST
Tips, which apps like SkipTheDishes, UberEats and DoorDash prompt customers to add before their order even arrives, make up a big part of couriers' fares — and they're assessing whether your order is worth.. Read More
Courtsey:CBC | Business News

Canada added 10,000 jobs in November, pushing jobless rate down to 5.1%

Fri, 2 Dec 2022 08:42:51 EST
Canada's economy added 10,000 jobs last month, in line with what economists were expecting, and enough to push the jobless rate down to 5.1 per cent... Read More
Courtsey:CBC | Business News

Some CDI College recruiters are misleading students, Marketplace investigation finds

Fri, 2 Dec 2022 04:00:00 EST
A CBC Marketplace investigation into CDI College, one of Canada’s largest for-profit career colleges, has found a pattern of misleading practices being used to pressure would-be students into signing up fo.. Read More
Courtsey:CBC | Business News

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