Cheap flights, interest rate forecasts and uncovering Uber’s union scheme: The business and investing stories you need to know about this week

Cheap flights, interest rate forecasts and uncovering Uber’s union scheme: The business and investing stories you need to know about this week

Travelers at Toronto Pearson International Airport’s Terminal 1, are photographed on May 25, 2022. Fred Lum/The Globe and Mail.Fred Lum/the Globe and Mail Getting caught up on a week that got away? Here’s your weekly digest of The Globe and Mail’s most essential business and investing stories, with insights and analysis from the pros, stock … Read more

Ottawa signs agreements with Mercedes-Benz, Volkswagen on materials for electric vehicles

Ottawa signs agreements with Mercedes-Benz, Volkswagen on materials for electric vehicles

Prime Minister Justin Trudeau greets German Chancellor Olaf Scholz in Montreal on Aug. 22.Paul Chiasson/The Canadian Press The federal government signed separate agreements with Volkswagen and Mercedes-Benz Tuesday that will see the two German auto manufacturers secure access to Canadian raw materials for batteries in electric vehicles. Prime Minister Justin Trudeau and German Chancellor Olaf … Read more

One dead, 17 hurt in crash during fundraiser for fire victims

One dead, 17 hurt in crash during fundraiser for fire victims

Nescopeck Volunteer Fire Company firefighter Harold Baker is comforted at the scene in Berwick, Pa., on Aug. 13.Bob Kalinowski/The Associated Press One person was killed and another 17 people injured when a vehicle struck a crowd gathered at a Pennsylvania bar for a fundraiser for victims of a house fire that killed 10 earlier this … Read more

Opinion: Why Biden’s historic climate bill could be a big win for Canada

Opinion: Why Biden’s historic climate bill could be a big win for Canada

GM workers use human assistance automation to weld vehicle doors at the General Motors assembly plant during the COVID-19 pandemic in Oshawa, Ont., on March 19, 2021.Nathan Denette/The Canadian Press Washington has handed Canada’s electric vehicle and cleantech industries a big gift, in the form of a historic climate bill that creates new incentives for … Read more

My insurance company wants to write off my car. With used car prices soaring, can I make them repair it?

My insurance company wants to write off my car.  With used car prices soaring, can I make them repair it?

Our 2007 Buick was hit by a flatbed truck while parked in a shopping plaza. I did all the right things: I filed a police report, I called Intact, our insurance company, and I even found video footage showing the accident. The car was assessed at Intact’s preferred body shop as needing approximately $3,800 in … Read more

Toyota offers to buy back recalled bZ4X fully electric SUV from customers

Toyota offers to buy back recalled bZ4X fully electric SUV from customers

The 2023 Toyota bZ4X in San Diego, Calif.Petrina Gentile/The Globe and Mail Toyota Motor Sales USA Inc. is offering full refunds and incentives for the bZ4X, the automakers first all-electric vehicle, because of concerns over the wheels falling off. In June, Toyota recalled all the bZ4X that had been delivered worldwide – about 2,700 vehicles … Read more

Threat to Canadian electric vehicle industry dissipates with US Senate deal

Threat to Canadian electric vehicle industry dissipates with US Senate deal

An electric vehicle is charged in Ottawa on Wednesday, July 13, 2022.Sean Kilpatrick/The Canadian Press A deal struck among Democrats in the US Senate appears to have eliminated a threat hanging over the nascent electric vehicle manufacturing industry in Canada. An agreement announced late Wednesday between Senate Democratic leader Chuck Schumer and Senator Joe Manchin … Read more

Chinese-made GPS trackers are highly vulnerable, researchers say

Chinese-made GPS trackers are highly vulnerable, researchers say

A popular Chinese-made automotive GPS tracker used by individuals, government agencies and companies in 169 countries has severe software vulnerabilities, posing a potential danger to life and limb, national security and supply chains, cybersecurity researchers have found. A report by the Boston cybersecurity firm BitSight says the flaws could let attackers remotely hijack device-equipped vehicles, … Read more

Is it illegal for a driver to speed up while you’re trying to pass them?

Is it illegal for a driver to speed up while you’re trying to pass them?

We just drove from Victoria to Calgary and back with a dog and two kids. When we got to Alberta, there were a few times where drivers sped up when we tried to pass. They’d be going just at the speed limit and then floored it to 120 kilometers an hour as we passed. This … Read more

‘We need much more infrastructure’: David Suzuki on the challenges faced during his cross-country EV road trip

‘We need much more infrastructure’: David Suzuki on the challenges faced during his cross-country EV road trip

David Suzuki and his wife, Tara Cullis, stand next to a fully electric Volvo C40 Recharge that they drove from Vancouver to Toronto.Handout Vancouver-based environmentalist David Suzuki was faced with a problem. He and his wife, Tara Cullis, recently had to be in Toronto for the June 9 world premiere of What You Won’t Do … Read more