How to tame addiction to subscriptions that can be a hidden drain on finances

How to tame addiction to subscriptions that can be a hidden drain on finances
TORONTO — When it comes to spending, it’s often easy to overlook the small, routine expenses because they happen without requiring much thought. “We often say that people can nickel and dime themselves to death,” says Laurie Campbell, CEO of Credit Canada. “Because it’s those small expenses that eat away at your budget.” Although there have always been many opportunities... Read More

Toronto stock market rallies to seven-week high despite drop in crude oil prices

Toronto stock market rallies to seven-week high despite drop in crude oil prices
TORONTO — Canada’s main stock index rallied to its highest level in seven weeks Wednesday despite crude oil prices getting hammered. Investors are slowly “nibbling” back into the market on hopes of progress in trade issues, says Colin Cieszynski, chief market strategist at SIA Wealth Management. “I think they’re getting a feeling that some of the worst risks related to trade wars... Read More

Apple takes on Netflix with a $5-a-month streaming service

Apple takes on Netflix with a $5-a-month streaming service
CUPERTINO, Calif. — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. 1. Walt Disney Co. is launching its own assault on Netflix the same month, for just $7. It may be sheer coincidence that the cost of paying... Read More

Advisory panel raises concerns about Sidewalk Labs’ plans for Quayside

Advisory panel raises concerns about Sidewalk Labs’ plans for Quayside
TORONTO — An advisory panel has raised concerns about Sidewalk Labs’ plans for the Quayside development on Toronto’s waterfront. Preliminary commentary from Waterfront Toronto’s digital advisory panel says the plan from Google’s sister company Sidewalk is “frustratingly abstract” and that some of the innovations proposed were “irrelevant or unnecessary.” Some on the 15-member panel, an arm’s-length body that gives expert advice to Waterfront Toronto,... Read More

Apple TV Plus to launch in Canada this fall for $5.99

Apple TV Plus to launch in Canada this fall for $5.99
TORONTO — Apple TV Plus is headed to Canada this fall. The latest competitor to throw its hat into the streaming wars has selected a launch date of Nov. 1. Subscribers will pay $5.99 per month for access to the service, which includes original TV shows, movies and documentaries. The announcement puts Apple a few steps ahead of Disney Plus, the other big streaming newcomer... Read More

Toronto stock market edges lower, despite energy sector gains; U.S. stocks down

Toronto stock market edges lower, despite energy sector gains; U.S. stocks down
TORONTO — Canada’s main stock index edged lower as gains in the energy sector were offset by losses in the technology and consumer sectors. The S&P/TSX composite index was down 0.36 of a point at 16,494.73. In New York, the Dow Jones industrial average was down 74.12 points at 26,761.39. The S&P 500 index was down 17.45 points at 2,960.98,... Read More

Shopify to buy fulfilment solutions company 6 River Systems for US$450M

Shopify to buy fulfilment solutions company 6 River Systems for US$450M
OTTAWA — Shopify Inc. says it will buy fulfilment solutions company 6 River Systems Inc. in a US$450 million cash and share deal as it looks to push further into the warehousing and shipping side of online retail. Ottawa-based Shopify says the acquisition will give it access to fulfilment software and robotics, including mobile robots designed to get orders shipped more efficiently from... Read More

British Airways grounds nearly all flights as pilots strike

British Airways grounds nearly all flights as pilots strike
LONDON — British Airways has cancelled almost all its flights for 48 hours, affecting as many as 195,000 travellers, due to a strike by pilots over pay. The U.K.’s flagship carrier said in a statement Monday that it had “no way of predicting how many (pilots) would come to work or which aircraft they are qualified to fly.” As a... Read More

Federal response to ‘gig’ workers hindered by unreliable data, documents say

Federal response to ‘gig’ workers hindered by unreliable data, documents say
OTTAWA — A newly released government document shows that federal officials feel stymied by data roadblocks in their bid to help policymakers tackle a growing political concern about the country’s “gig” economy. Documents obtained by The Canadian Press under the Access to Information Act show federal officials were leery of the reliability of existing data on the number of Canadians using... Read More

Huawei debuts latest advanced chipset for smartphone

Huawei debuts latest advanced chipset for smartphone
BERLIN — Chinese tech giant Huawei unveiled its latest advanced chipset Friday ahead of the upcoming launch of its latest flagship smartphone, even as uncertainty hangs over whether the device can use Google’s Android. Huawei’s consumer business CEO, Richard Yu, showed off the Kirin 990 chipset at the IFA consumer electronics fair in Berlin on Friday. Optimized for new 5G... Read More