CBC - Business Nintendo Switch hopes to succeed where Wii U sputtered 2016-10-21T22:49:24.000000Z The Nintendo Switch aims to merge the dual home and portable platforms the venerable Japanese company has long been known for into a single, harmonious whole. Canadian parents spend a quarter of their salary on child care — a third if they're single 2016-10-21T19:22:59.000000Z Canadian families spend almost one-quarter of their income on child care, a ratio that is much higher than in other parts of the world, the Organization for Economic Co-operation and Development says. Loonie dips below 75 cents — and may have more to fall, analyst says 2016-10-21T19:17:18.000000Z The Canadian dollar traded below 75 cents US for the first time since March. The almost one-cent drop comes partly because of signals from the Bank of Canada — although the central bank is likely fine with a lower loonie. Ottawa proposes shifting some risks to lenders in cases of insured mortgage defaults 2016-10-21T18:14:11.000000Z The federal government said Friday it wants to hear from players in the financial industry on lender risk sharing, a move that could see financial institutions absorb a portion of loan losses on insured mortgages that default. N.Y. brings in tough regulations on Airbnb 2016-10-21T16:15:21.000000Z New York state enacted one of the nation's toughest restrictions on Airbnb on Friday with a new law authorizing fines of up to $7,500 US for many short-term rentals. Large drop in CRA scam phone calls since 70 people arrested in Indian call centre, RCMP says 2016-10-21T15:22:14.000000Z The recent arrest of several dozen people in India this month has been followed by a significant drop in the number of telephone scams where people call Canadians pretending to be members of the CRA looking for a bogus tax payment. Tesla may get into ride-hailing business in 2017 2016-10-21T15:02:37.000000Z Tesla hinted at a possible moving into ride hailing when it announced earlier this week that all of its cars would come equipped with hardware needed to drive themselves. 'I am very sad': Freeland walks as last-ditch Canada-EU trade talks collapse 2016-10-21T14:16:19.000000Z Last-ditch efforts to salvage Canada's trade deal with the European Union appeared to collapse Friday, as International Trade Minister Chrystia Freeland walked out of talks with the regional government of Wallonia. Belgium won't sign on to CETA without the support of its regions. Inflation inches up to 1.3% despite cheaper food 2016-10-21T12:51:23.000000Z The cost of living in Canada went up by 1.3 per cent in the year ended in September, up from 1.1 per cent the previous month. Bombardier to cut 2,000 Canadian jobs over next 2 years 2016-10-21T10:05:55.000000Z Bombardier is cutting its Canadian workforce by another 2,000 people as it trims its global staffing level by almost 10 per cent or 7,500 people.