GM sues Fiat Chrysler, alleging union bribes cost it billions

GM sues Fiat Chrysler, alleging union bribes cost it billions

DETROIT — General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV, alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars. GM also alleged that Fiat Chrysler’s former chief executive, the late Sergio […]

New windows can mean a cost to condo owners, but not directly

Our corporation has levied a special assessment to replace windows in the building. Aren’t the windows a common element and the corporation’s obligation to replace — meaning the cost shouldn’t be assessed against the owners? The windows in a condominium building are invariably common elements. If the windows have failed, it is the obligation of […]

U.S. trade deal with Japan may cost Canadian farmers a tariff edge

U.S. trade deal with Japan may cost Canadian farmers a tariff edge

It was only last year when the ratification of a trade deal with Asia-Pacific nations was heralded as a big win for Canadian exporters. One of the jewels of the pact — called the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) — was Japan, which agreed to slash tariffs on a variety of goods. Canada’s pork and beef producers were projected […]

FAA says handling aircraft approval on its own would cost $1.8B

FAA says handling aircraft approval on its own would cost $1.8B

It would cost $ 1.8 billion and take 10,000 new employees for the U.S. aviation regulator to handle all aircraft certification internally, the agency’s chief told a Senate panel on Wednesday, answering questions following two Boeing 737 Max crashes on how new planes are approved for flight. The Federal Aviation Administration delegates much of the work of […]

'Greed is a powerful weapon': Are illegal kickbacks in Ontario driving up the cost of your generic drugs?

'Greed is a powerful weapon': Are illegal kickbacks in Ontario driving up the cost of your generic drugs?

A hidden camera investigation and confidential documents obtained by CBC’s The Fifth Estate raise questions about whether Canada’s largest pharmaceutical distributor is profiting from illegal kickbacks on sales of generic drugs in Ontario. Studies have shown this practice drives up the cost of generic drugs for all Canadians. McKesson Canada, which distributes pharmaceutical drugs to more […]

Grocery store chain CEOs warn higher food prices coming amid cost pressures

Grocery store chain CEOs warn higher food prices coming amid cost pressures

By Aleksandra SaganThe Canadian Press Tues., Sept. 18, 2018 The CEOs of three of Canada’s major grocery chains doubled down on their expectation that food prices will soon rise at their stores. Recent cost pressures on the industry, including rising minimum wages in some provinces, increased fuel and transportation costs and an ongoing trade war […]

Calgary Olympics would cost $5.23B, group says

Calgary Olympics would cost $5.23B, group says

Hosting the 2026 Olympic and Paralympic Winter Games in Calgary will cost about $ 5.23 billion, according to the organization tasked with exploring a possible bid.  The new estimate, part of a draft plan prepared by Calgary 2026, is nearly $ 1 billion more than that of the Calgary Bid Exploration Committee, which pegged the price at $ 4.6 […]

A good deal in the States can still cost you more

A good deal in the States can still cost you more

By Lesley-Anne ScorgiePersonal finance columnist Mon., Aug. 20, 2018 If you were thinking of buying a big-ticket item in the U.S., or travelling south of the border for a vacation, be prepared: it’s going to cost more compared to last summer. The value of the Canadian dollar has dropped recently because of the political spat […]

Trudeau says fighting Khadr was a losing proposition and could have cost taxpayers up to $40M

Prime Minister Justin Trudeau says settling with Omar Khadr was the “responsible path to take”  because letting the case play out in court could have cost the government as much as $ 40 million. “I can understand Canadians’ concerns about the settlement. In fact, I share those concerns about the money; that’s why we settled,” Trudeau […]