NEW Affordability crisis could be reaching its peak in Canada, economist says
With Canada's annual inflation rate reaching the central bank's two per cent target, the country's affordability crisis could be peaking, according to an economist.
Toyota reported Wednesday more cases of cheating on certification tests for new models required by the Japanese government, on top of those acknowledged earlier.
In the latest report, Toyota Motor Corp. said it failed to carry out proper certification on seven models, including the Camry sedan and RAV 4 sport utility vehicle. The false tests included pedestrian protection, side collisions and steering impact.
No safety problems were associated with the misconduct and people who own Toyota vehicles don't need to take any action, according to Toyota. Toyota's overseas production was not affected.
Toyota's chairman, Akio Toyoda apologized in June while announcing massive testing irregularities involving six models, including the Crown and the Lexus RX luxury models. Production of some models in Japan was halted.
"It is with deep regret that we were not able to properly conduct our certification operations, and we apologize to our stakeholders for any concern or inconvenience this may have caused them," Toyota said in a statement.
Toyota said workers did not clearly understand the rules for preparing documents required for certification applications or the basic importance of such work. Managers also lacked that understanding and were not adequately involved.
The company was carrying out an internal investigation after the earlier mishap, trying to correct the problem, when the latest oversight surfaced.
The wide-ranging fraudulent testing, which surfaced earlier at Japan's top automaker, involved the use of inadequate or outdated data in collision tests and incorrect testing of airbag inflation and rear-seat damage in crashes. Engine power tests also were falsified. The deceptive test results were also found on discontinued models.
Similar fraudulent tests were found at Mazda Motor Corp. and Honda Motor Co., and at Toyota group makers Hino Motors and Daihatsu Motor Co.
Toyota reported the latest findings to the government and renewed its promise to correct its corporate culture and its work habits.
Production of the Corolla Fielder, Corolla Axio and Yaris Cross, all small models for the Japanese market, has been suspended since June 3. It is scheduled to resume in September once the transport ministry confirms they comply with standards.
With Canada's annual inflation rate reaching the central bank's two per cent target, the country's affordability crisis could be peaking, according to an economist.
Catherine, Princess of Wales has held her first engagement since revealing that she has completed her chemotherapy treatment.
Ukrainian drones struck a large military depot in a town deep inside Russia overnight, causing a huge blaze and prompting the evacuation of some local residents, a Ukrainian official and Russian news reports said Wednesday.
More people who have never touched a cigarette are getting lung cancer, but there are ways to prevent it, according to a doctor.
Sixty-five-year-old Hong Xu, who drove her SUV into a crowd of people celebrating a wedding at her next-door neighbour's house in West Vancouver on Aug. 20, 2022, has been sentenced under the Motor Vehicle Act for driving without due care and attention.
Bhutan's Paro International Airport (PBH) is widely considered one of the most technically difficult plane landings in the world. Maneuvering onto a short runway between two 18,000-foot peaks requires both technical knowledge and nerves of steel.
A company based in Hungary was responsible for manufacturing the pagers that exploded in Lebanon and Syria in an apparent Israeli operation targeting Hezbollah’s communications network, another firm whose brand was used on the devices said Wednesday.
In 2011, a young Taylor Swift said she was not inspired to sing about topics related to politics. Over a decade later, she's singing a different tune.
Halifax Regional Police believe Devon Sinclair Marsman, who disappeared in 2022, was the victim of a homicide and two people have now been charged in his death.
The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.
It's been a whirlwind of joyful events for a northern Ontario couple who just welcomed a baby into their family and won the $70 million Lotto Max jackpot last month.
A Good Samaritan in New Brunswick has replaced a man's stolen bottle cart so he can continue to collect cans and bottles in his Moncton neighbourhood.
David Krumholtz, known for roles like Bernard the Elf in The Santa Clause and physicist Isidor Rabi in Oppenheimer, has spent the latter part of his summer filming horror flick Altar in Winnipeg. He says Winnipeg is the most movie-savvy town he's ever been in.
Edmontonians can count themselves lucky to ever see one tiger salamander, let alone the thousands one local woman says recently descended on her childhood home.
A daytrip to the backcountry turned into a frightening experience for a Vancouver couple this weekend.
If you take a look to the right of Hilda Duddridge’s 100th birthday cake, you’ll see a sculpture of a smiling girl extending her arms forward.
Two sisters have finally been reunited with a plane their father built 90 years ago, that is also considered an important part of Canadian aviation history.
A Facebook post has sparked a debate in Gimli about whether to make a cosmetic change to its iconic statue.