Business

WestJet offers refunds to passengers with cancelled European flights

WestJet is contacting guests with eligible flights who had already accepted travel credit

Consumer price index in August hits 0.1 per cent, Statistics Canada says

The average economist estimate had been for a year-over-year increase of 0.4 per cent for August

Mountain Equipment Co-op to be sold to private corporation

Vancouver-based MEC transition is from co-operative structure to a subsidiary of Kingswood Capital Management

Bank of Canada keeps key interest rate target on hold but warns of ‘slow, choppy’ recovery

The bank says its key rate will stay at near-zero until economic slack is absorbed

Uber unveils Canadian commitments to reach goal of being emission-free by 2040

Uber’s commitments come as the ride-hailing business has slumped in several markets during the COVID-19 pandemic

Canada’s economic optimism crippled by pandemic, Pew poll suggests

The Pew report documents an unsurprisingly dismal outlook for the world’s economic prospects

Canadians filed more than 8,000 complaints about airlines to agency since March

Canadian airlines have typically offered flight credit valid for two years after they cancel a trip

Ikea joins growing list of stores with mandatory mask policy

People unable to wear a mask for medical reasons, as well as children under the age of two, are exempt from policy

Media study says hundreds of Canadian radio stations, TV outlets risk closure

Radio stations may be hardest hit in the short term, the report suggests

City-centre businesses mount slower recovery than rural areas, CFIB says

Data shows 22 per cent of businesses polled in urban cores are at normal levels of sales compared to 37 per cent in rural areas

‘Real jobs, real recovery’ needed after COVID-19, resource industries say

Report seeks changes to Indian Act for Indigenous participation

Better Business Bureau issues warnings over billing for weight loss app Noom

Bureau warned customers to read terms carefully when they sign up for a free trial, especially for health and wellness apps.

Inflation rate falls to 0.1 per cent as price growth slows, StatCan reports

Statistics Canada says air travel prices fell in July by 8.6 per cent

US goes online for pandemic supplies, many at Walmart.com

Net income for Walmart Inc. reaches $6.48 billion

Canadian Real Estate Association says July marked a record high for home sales

CREA says the actual national average price for homes sold in July was a record $571,500

Shaw Mobile launches in Alberta, B.C., alongside Shaw’s Freedom Mobile

Shaw’s existing Freedom Mobile service competes with Telus, Rogers and Bell

CMHC reports annual pace of housing starts climbed nearly 16% in July

Economists on average had expected an annual rate of 210,000

Beyond Meat’s sales jump as more try plant-based burgers

KFC announced it is testing a Beyond Meat chicken nugget in the U.S.

Statistics Canada says country gained 419,000 jobs in July

National unemployment rate was 10.9 per cent in July, down from the 12.3 per cent recorded in June

Feds look to finalize deal with airlines amid contact tracing concerns

Feds look to finalize deal with airlines amid contact tracing concerns