Canadian Business

British Airways cancels flights amid global computer outage

May 27, 2017

LONDON—British Airways cancelled all flights from London’s Heathrow and Gatwick airports Saturday as a global IT failure caused severe disruption for travellers on a busy holiday weekend. The airline said it was suffering a “major IT systems failure” around the world. It didn’t say what was causing the problem but said there was no...
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General Motors latest carmaker accused of emissions-test cheating

May 25, 2017

SAN FRANCISCO—General Motors Co. was accused of putting defeat devices in its trucks to beat emissions tests, the sixth carmaker linked to diesel cheating scandal since 2015, when Volkswagen AG admitted to installing software to bypass pollution rules. People who own or lease more than 705,000 GM Duramax diesel trucks filed a class-action lawsuit Thursday,...
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Survey confirms the painful truth about our household debt: Wells

May 23, 2017

Has Manulife Bank uncovered the truth? Or is the bank merely reminding us of what we already know? “Debt truth revealed,” is the promotional line for the bank’s national survey of household debt, conducted across homeowners aged 20 to 69 with incomes of $ 50,000 or more. There’s a high degree of self regard...
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Cottage country feels the heat from Toronto’s real estate fire

May 21, 2017

The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the heat on resort-area real estate. Agents in Muskoka and Haliburton say most of the action is down to a new breed of older buyer...
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Ottawa urges airlines to stop passenger bumping before law takes effect

May 19, 2017

MONTREAL—The federal transport minister is urging the country’s airlines to live up to the spirit of its passenger bill of rights legislation, even before it comes into force as expected next year. Marc Garneau called on airline executives at a closed-door meeting Friday to ensure children can be seated next to a parent at...
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