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CBC | Business News

01/59/2022
95,000 GM vehicles unfinished in storage due to chip shortage
General Motors Results

The global shortage of computer chips and other parts has forced General Motors (GMC) to build 95,000 vehicles without certain components during the second quarter.

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Canada's economy grew in April, but May contraction expected
Oilsands 50 Now 20170622

The Canadian economy expanded by 0.3 per cent in April, Statistics Canada said Thursday, but warned of indications for a contraction in May.

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U.S. inflation may have peaked as consumer spending slows in May
USA-ECONOMY/

U.S. consumer spending rose less than expected in May as motor vehicles remained scarce, while higher prices forced cutbacks on purchases of other goods, another sign that the rebound in economic growth early in the second quarter was losing steam.

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Do unions at Starbucks mean the labour movement is picking up steam?
Unionized Starbucks workers in Victoria, BC

A growing effort to unionize Starbucks cafes in the U.S. and Canada as well as Amazon warehouses, Apple stores, and Indigo book shops has union leaders and experts wondering if this the start of a shift in labour movement after decades of decline in the private sector.

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Air Canada to cancel dozens of daily flights this summer
Air Canada flight taxies on the tarmac in Montreal in May 2022

Air Canada will cut dozens of daily flights this summer as the airline grapples with a series of challenges amid soaring demand for travel.

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