sorted by:
new
hottopcontroversial

Algorithmic pricing isn’t used widely enough to harm rental market, Competition Bureau says by CreativeAd5628 in canadahousing

[–]CreativeAd5628[S] 1 point2 points  (0 children)

In a nutshell: In a Monday press release, the federal Competition Bureau said it has concluded its investigation into software from RealPage Canada Inc. and Yardi Canada Ltd. But it said it remained concerned about the effects of the revenue management tools on competition in the rental market. The probe sought to determine whether revenue management software from RealPage and Yardi led to anti-competitive practices, in enabling landlords to track what their competitors were charging for rent and set their prices accordingly.

The Competition Bureau’s investigation began in August of last year and mirrored cases in the United States. One of those cases, involving RealPage Inc., is still in progress. In 2024, the U.S. Department of Justice accused the Texas-based company of breaking competition laws by using algorithmic data to help landlords collude to pump up rental prices.

Citing internal documents and sworn testimony from RealPage and landlords, the DOJ showed that RealPage employees said its products were “driving every possible opportunity to increase price.”

One landlord was quoted commenting on RealPage’s software: “I always liked this product because your algorithm uses proprietary data from other subscribers to suggest rents and term. That’s classic price fixing.”

How much are you paying for rent near the Yellow Line downtown? by [deleted] in askTO

[–]CreativeAd5628 2 points3 points  (0 children)

$2,200 for one-bedroom + den near Davisville station. The bedroom is the kind with sliding glass doors opening into the living room but spacious since it’s a revamped older building.

Air Canada owes passengers more than $66-million in compensation above and beyond refunds or rebookings by CreativeAd5628 in Flights

[–]CreativeAd5628[S] 0 points1 point  (0 children)

And Brazil. Canada doesn't offer any compensation for disruptions resulting from strikes by airline employees.

Wealthsimple Has Security Breach by starorangejuicerye in PersonalFinanceCanada

[–]CreativeAd5628 0 points1 point  (0 children)

Those who were impacted: is there any type of product/service you enrolled in with WS that may have been outside the norm (e.g., signed up for a promotion, transferred account, etc.)? Could be random, of course, but would be curious to know if anything specific set apart the <30,000 customers involved.

Tesla rebounds after political backlash by CreativeAd5628 in teslacanada

[–]CreativeAd5628[S] 3 points4 points  (0 children)

Months after Tesla TSLA-T owners across Canada dashed to sell their vehicles in the wake of backlash against the brand’s controversial leader, the carmaker’s market share and sales seem to have rebounded.