Business

A few weeks into the war in Iran, an Ontario-based grocer started receiving surcharge letters from its suppliers stating that delivery costs would be going up.

Tesla is rolling out its robotaxis in Dallas and Houston, the electric vehicle maker said on Saturday, marking further expansion of its nascent service in the United States since its Austin, Texas, launch last year.

SkipTheDishes is rolling out changes at its grocery delivery services, laying off staff in the process.

Canada’s main stock index rallied and U.S. markets moved further into record territory, as oil plunged after Iran’s foreign minister said the Strait of Hormuz is fully open.

Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record Friday after Iran said the Strait of Hormuz is open again for commercial tankers carrying crude from the Persian Gulf to customers worldwide.

Toronto’s condo market has officially hit an all time low for the first time in 35 years as new sales continue to plunge with “no new project launches” to start the year, a new report suggests.

Canadians moved a record amount of money on foreign assets in February, causing more money to leave the country than foreign investors brought in.

Bank of Canada Governor Tiff Macklem says global financial systems need to “come to grips” with the risks posed by rapid advances in artificial intelligence models like Anthropic’s Mythos.

Iran says it has reopened the Strait of Hormuz to commercial traffic, but a University of British Columbia economist says it could be a while before any calm returns to rattled global oil markets.

Ford Motor Company is recalling approximately 144,000 Ford F-150 vehicles in Canada.

Statistics Canada will reveal the early impacts of the Iran war’s oil price shock on inflation when the agency reports its consumer price index for March on Monday.

Netflix shares fell more than 10 per cent in early trading on Friday, as investors digested a tepid forecast and the surprise exit of co-founder and Chairman Reed Hastings amid worries over the streaming pioneer’s next growth driver.

Scotiabank says its stake in U.S. bank KeyCorp is expected to add about $77 million to its net income for its second quarter.

One Ontario business told CTV News they are out thousands of dollars after purchases were made and orders had been fulfilled, but shortly afterwards, chargebacks were requested.

An Ontario man said when he was driving his pickup truck, his airbags went off for no reason, almost causing him to have an accident.