Judge greenlights class action lawsuit against Air Canada over fuel surcharges

MONTREAL - A Quebec Superior Court judge has authorized a class action lawsuit against Air Canada over fuel surcharges.

The lawsuit, approved yesterday, argues the country's largest airline "illegally overcharged its customers" by more than double the cost of fuel on some flights.

See Full Article


Latest Economic News

  • Global trade tensions, BlackRock commits to climate | Business Panel

    Economic CBC News
    Contact CBCSubmit FeedbackHelp Centre Audience Relations, CBC P.O. Box 500 Station A Toronto, ON Canada, M5W 1E6 Toll-free (Canada only): 1-866-306-4636 TTY/Teletype writer: 1-866-220-6045 Source
  • 3 misconceptions about retirement in Canada

    Economic CBC News
    A new report found that the reality of retirement in Canada isn't quite what people expect it to be. The online poll of 1,800 people conducted by Ipsos on behalf of RBC revealed notable misconceptions surrounding retirement. They include the timing of that last day on the job and how Canadians actually spend their days after clocking out. Source
  • Trade pact will slow Canadian lobster sales to China, says expert

    Economic CBC News
    Even though a new U.S.-China trade agreement does not eliminate heavy Chinese tariffs, the deal will result in a loss of Canadian seafood sales to China, according to international trade researcher Mohammad Rahaman of Saint Mary's University in Halifax. Source
  • Bombardier's financial challenges worry ratings agencies, prompting downgrades

    Economic CTV News
    MONTREAL -- Two major rating agencies have voiced concerns over the finances of Bombardier Inc., whose future is being questioned as it considers options to raise its more than US$9 billion debt. S&P Global Ratings changed its outlook to "negative" from "stable" on Friday, following in the footsteps of Moody's Investors Service, which did the same Thursday evening. Source
  • S&P/TSX composite in record territory for another day, U.S. stocks mixed

    Economic CTV News
    TORONTO -- Canada's main stock index was in record-high territory for another day as a broad-based rally helped it move higher even as energy stocks stepped back. The S&P/TSX composite index was up 54.96 points at 17,539.73 after trading as high as 17,557.89. Source
  • TSX expected to shatter records in 2020

    Economic CTV News
    TORONTO -- TORONTO -- Canada's main stock index is expected to shatter records in 2020 after starting the year up nearly three per cent to date, says an investment expert. The S&P/TSX composite index should gain at least 10 per cent for the year, pushing it to about 19,000 points while outpacing U.S. Source
  • U.S. agency looking into complaints Tesla cars accelerate on their own

    Economic CBC News
    The U.S. government's auto safety agency is looking into allegations that all three of Tesla's electric vehicles can suddenly accelerate on their own. An unidentified person petitioned the National Highway Traffic Safety Administration asking for an investigation into the problem. Source
  • Hong Kong airline made woman take pregnancy test

    Economic CTV News
    HONG KONG, CHINA -- A Hong Kong airline forced a Japanese woman to take a pregnancy test before allowing her on a flight to a Pacific island popular with mothers seeking U.S. citizenship for their babies. Source
  • Google parent company Alphabet is now a $1 trillion company

    Economic CTV News
    The exclusive $1 trillion club on Wall Street just got a new member. Shares of Google parent company Alphabet hit a new all-time high Thursday, pushing the company's market value to $1 trillion in the process. Source
  • SoftBank to invest $40 billion for new Indonesia capital

    Economic CTV News
    JAKARTA, INDONESIA -- Japan's SoftBank is offering to invest $30 billion to $40 billion in the development of a new Indonesian capital, an official said Friday. The billionaire founder and chief executive of SoftBank Group Corp. Source