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A day after LCBO stores reopened following a two-week strike, the provincial liquor distributor is now facing legal action from some of the biggest distillers in Canada, over what they call ‘contradictory pricing policies.’
Source: ctv business
Spirit suppliers double down in fight with LCBO, seek court review of ‘contradictory pricing policies’

The Office of the Privacy Commissioner of Canada has opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts.
Source: ctv business
Privacy commissioner probing customers’ claims they can’t delete PC Optimum accounts

The Bank of Canada has decreased its policy interest rate for the second consecutive time and signalled more cuts are coming if inflation continues to ease.
Source: ctv business
Bank of Canada cuts interest rate, signals more to come if inflation keeps dropping

Foreign governments say hundreds of thousands of people in Bangladesh and Sri Lanka lost savings to a company headquartered in Canada. This investigation from the IJF and CTV News shines a new light on how Canadian shell companies and registries were used to pull off the scheme.
Source: ctv business
Canadian company at the centre of alleged international pyramid scheme: authorities

Red Lobster is moving closer to a bankruptcy sale that would put lenders, including Fortress Investment Group, in charge of the company after no other bidders stepped up with an offer to repay the struggling U.S. restaurant chain’s debt, according to court documents.
Source: ctv business
Red Lobster moves closer to bankruptcy sale to lenders

U.S. regulators are investigating how Delta Air Lines is treating passengers affected by cancelled and delayed flights as the airline struggles to recover from a global technology outage.
Source: ctv business
U.S. is investigating Delta’s flight cancellations and faltering response to global tech outage

Doing business across provincial lines is starting to get easier but progress is slow, says the Canadian Federation of Independent Business.
Source: ctv business
Faster progress needed on removing interprovincial trade barriers: CFIB report

Hundreds of Ontario’s liquor stores reopened Tuesday following a strike that lasted more than two weeks, but the fighting between the union representing workers and the government dragged on.
Source: ctv business
LCBO stores reopen across Ontario after 2-week strike

Are you one of the many Canadians struggling to keep up with their mortgage payments and trying to keep their home? CTVNews.ca wants to hear from you.
Source: ctv business
Are you struggling to keep up with your mortgage payments? We want to hear from you

Canadian National Railway Co. has been ordered to pay $8 million in fines for environmental offences related to two 2015 train derailments.
Source: ctv business
CN Rail fined M for crude oil spills related to 2015 train derailments