The B.C. government announced it plans Wednesday to tax Airbnb on short-term rentals and use the anticipated $16 million to fund housing affordability projects. Airbnb has agreed to begin collecting an eight per cent sales tax (PST) and up to three per cent in a municipal and regional district tax...
Netflix subscribers are being warned about phony text and email messages being sent to subscribers. The company says on its website that some Canadian users are receiving "suspicious" texts and emails asking for their login details. The fake messages tell subscribers their Netflix access has been suspended due to a payment...
Kinder Morgan says recent events confirm that an investment in the Trans Mountain pipeline expansion may be “untenable” and that the Canadian government’s pledge of financial support does not resolve political risk related to British Columbia’s opposition. Kinder Morgan’s Chief Executive, Steven Kean, said yesterday: “it’s become clear this particular...
NEW YORK/LONDON (Reuters) - Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble. After falling to as low as $11,159, it recouped some losses...
Rumor had it that Bill Gates, the world’s second richest person, had bought a £500 million ($645 million) superyacht that’s still in the early design stage to fulfill his family’s future recreational needs. The luxury boat in question is Aqua, a hydrogen-powered concept ship designed by Dutch firm Sinot Yacht...
(Reuters) - The engineer of an Amtrak passenger train that derailed off a bridge onto a highway near Seattle remarked that the train was speeding six seconds before the accident, U.S. investigators said on Friday. The engineer then applied the brakes but apparently not the emergency brake, the...
JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for March 2018. Traffic in March increased 7.3 percent from March 2017, on a capacity increase of 3.3 percent. Load factor for March 2018 was 89.0 percent, an increase of 3.3 points from March 2017. JetBlue’s preliminary completion factor...
UNITED NATIONS/SEOUL (Reuters) - The U.N. Security Council unanimously imposed new sanctions on North Korea on Friday for its Nov. 29 intercontinental ballistic missile test, seeking to limit its access to refined petroleum products and crude oil and its earnings from workers abroad. A Security Council resolution adopted...
The fall season has well and truly been shaken up. Pumpkin Spice Kraft Dinner is coming to Canada and it’s being described as a “spicy cheesy treat.” You’ll have to be quick though — this fall meal is limited to just 1,000 boxes! Pumpkin spice is the unofficial flavour of...
ROME (Reuters) - Steelmaker ArcelorMittal has told commissioners running Italy’s Ilva plant that it wants changes made to the contract in which it agreed to buy the company in order to protect it from legal challenges in Italy. ArcelorMittal, the world’s top steelmaker, reached a 1.8-billion-euro ($2.1 billion)...