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Category Archives: Economic

EU regulator who fined Google, ordered Amazon to pay taxes, plans tighter scrutiny for tech sector

Silicon Valley’s notorious nemesis, Margrethe Vestager, plans to end her term as the European Union’s antitrust enforcer this year with a bang, laying out a long-term plan to intensify scrutiny of the world’s big tech companies. As the EU’s competition commissioner, Vestager is arguably the world’s most important tech regulator. Since 2014, she has slapped…

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Big telcos hike internet prices amid soaring demand, revenues

You can run but you can’t hide from internet price hikes. That’s what Sean Barry in Powell River, B.C., learned after leaving his provider, Shaw, following a couple of price increases. He switched to competitor Telus in September only to discover that the cost of his current Telus internet plan is also going up — by $5 a month. “I…

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DNA ancestry tests, food waste and juice gets squeezed: CBC's Marketplace consumer cheat sheet

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Why do we waste so much food? Buying more than we need and expiration dates are partly why more than half of all food produced in Canada is lost or wasted, according to a Toronto…

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Union wants Canada Post to start low-income bank and green shift. Sounds nice, but who pays?

As arbitration grinds on at Canada Post following back-to-work legislation passed in November, the union has made a series of proposals beyond standard contract negotiations on wages and benefits: they want the Crown corporation to open a new bank for low-income people and turn the post office into a hub for green technology With one of the…

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