Mortgage Rates Ease as Banks Cut Prime Rates to 5.45%

The Bank of Canada reduced its interest rate by 50 basis points on Wednesday, bringing it down to 3.25%. The....

Annual Rents Hit 15-Month Low, Still Higher Than 3 Years Ago

In November, the average asking rent across Canada fell to its lowest point in 15 months, reaching $2,139. This marks....

How the Holiday GST Relief Will Benefit Consumers

The federal government’s GST relief will begin this Saturday, providing some financial relief just before the busy holiday shopping period.....

Ottawa To Invest $1b+ In Expanding N.B.'s Clean Power Grid

DIEPPE, N.B. – The federal government has announced plans to invest over $1 billion to expand New Brunswick's clean energy....

Political Chaos In France, Germany Slows Europe’s Economic Aid

Europe’s economy, already struggling with slow growth and competitiveness against the U.S. and China, now faces new obstacles as political....

Canada’s 6.8% Jobless Rate Fuels Hopes For A 50-Point Rate Cut

In November, Canada recorded 1.5 million unemployed individuals, pushing the jobless rate to 6.8%, a level not seen since January....

Saskatchewan Passes Bills on Tax Relief and Carbon Levy Exemption

Regina – Premier Scott Moe's government made good on its fall election promises by passing two significant bills Thursday aimed....

Eli Lilly To Invest $3b In Wisconsin Plant Expansion For Demand

Eli Lilly plans to invest an additional $3 billion to expand its manufacturing capacity, aiming to keep up with rising....

Transport Minister Calls Out Air Canada Over New Carry-On Bag Fees

Transport Minister Anita Anand plans to meet with Canadian airline executives in mid-December following Air Canada’s decision to introduce carry-on....

Meta Plans $10b AI Hub In Louisiana; Musk Expands In Tennessee

NEW ORLEANS (AP) — Meta, the parent company of Facebook, has announced plans to build its largest artificial intelligence data....

Ontario Hit Hard By Soaring Beef Prices: Farmers And Consumers

Shoppers may be in for a surprise when they see the rising cost of beef at the grocery store. "The....

Trump To Block Japanese - US Steel Deal, Promises Tariffs, Tax Break

President-elect Donald Trump has reaffirmed his opposition to the proposed acquisition of U.S. Steel by Japanese steelmaker Nippon Steel Corp.,....

Cyber Monday Poised To Break Records As Top Online Shopping Day

Shoppers in the United States are eagerly hunting for deals online as Cyber Monday kicks off, marking the peak of....

Canada's Economy Up 1% in Q3, Household & Govt Spending 

Canada’s economy expanded at an annual rate of 1% in the third quarter, primarily driven by increased household and government....

Canada Post Offers Union A Framework To End Ongoing Strike

Canada Post has put forward a proposal aimed at resolving its ongoing labor dispute with the union representing approximately 55,000....

GDP Per Capita Drops Again; Economists Split On Rate Cut Size

The Canadian economy continued to shrink on a per-person basis for the sixth quarter in a row, as rising interest....

Ottawa Shoppers Score Big with Black Friday Deals

Black Friday and Cyber Monday have evolved in recent years, with deals now extending over several weeks, or even the....

Competition Bureau Sues Google, Demands Sale Of Ad Services

The Competition Bureau is taking legal action against Google, accusing the tech giant of anti-competitive behavior in its online advertising....

Walmart to Roll Back Diversity Policy: Impact on Canadian Employees?

Walmart Adjusts Diversity Policies Amid U.S. Political Shifts, Raising Questions for Canadian Operations Walmart, the world's largest retailer, has announced....

Russian Ruble Collapses Amid Economic Turmoil Under Putin

The Russian ruble has hit its lowest value against the U.S. dollar since the onset of the Ukraine conflict, underscoring....

Closing First Nations Gap Could Add $635b To Economy: Report

Investing in First Nations Infrastructure Could Boost Canada's Economy by $635 Billion, Report Finds A recent report commissioned by the....

Panic Triggers $200B Bitcoin and Crypto Market Crash

Bitcoin and other cryptocurrencies have seen a sharp decline after a strong rally sparked by Donald Trump's U.S. election victory.....

Trump Vows 25% Tariff On Canadian Goods Over Border Disputes

WASHINGTON – Former U.S. President Donald Trump announced plans to impose a 25% tariff on all imports from Canada and....

Macy's Employee Hid $154m Expenses, Delaying Q3 Earnings

Macy’s revealed stronger-than-expected sales for the third quarter but announced a delay in releasing its full financial report after uncovering....

China's Singles’ Day Loses Its Spark Amid Economic Slowdown

Singles’ Day, China’s massive shopping festival held every November 11, has lost some of its appeal this year as businesses....

5 Key Trends to Watch in Canadian Business This Week

TORONTO— Key Canadian Business Stories to Follow This Week Postal Strike ContinuesThe strike involving around 55,000 Canada Post workers is....

Elon Musk's Wealth Hits $347 Billion, Setting a New Record

Elon Musk, the world’s wealthiest individual, has reached a new milestone in personal fortune, with his net worth touching an....

Retailers Welcome GST Holiday But Call As ‘laborious’

Retailers are gearing up for a temporary suspension of the federal sales tax on select items, a move they see....

UN Climate Summit Stalls with Unclear Financial Commitments

BAKU, Azerbaijan — As the United Nations climate summit, COP29, entered its final scheduled day on Friday, delegates expressed growing....

FDA Issues Warning to Tom's of Maine Over Bacteria in Toothpaste

Tom's of Maine, a popular natural care brand, has been flagged by the U.S. Food and Drug Administration (FDA) for....

Roblox Adds Parental Controls, Restricts Under-13 Messaging

Roblox, the popular gaming platform, has rolled out new parental tools aimed at safeguarding its young users. One significant update....

October Inflation Hits 2%, Lowering Chances Of Big Rate Cuts

OTTAWA — Inflation in Canada edged up to 2% in October, raising questions about the size of the Bank of....

Canada's Youth Unemployment May Cost Billions, Report Warns

According to a new report by Deloitte commissioned by King's Trust Canada, over 850,000 Canadians under 29 are unemployed and....

UK Farmers to Protest Tax Hike Threatening Family Farms

British Farmers Protest Inheritance Tax Changes, Warn of Dire Impact on Family Farms. British farmers gathered outside Parliament on Tuesday,....

Canada’s First Indigenous-Owned Mining Royalty Company Launched

In June, Nations Royalty Corp., a new venture, began trading on the TSX Venture Exchange, marking a significant step in....

Canada, Indonesia Strike Trade Deal; Trudeau Backs Nuclear Energy

Canada and Indonesia Finalize Trade Deal Amid Concerns Over Global Cooperation LIMA, Peru – Canada has wrapped up trade negotiations....

Canada Post Strike Forces Small Businesses To Find Alternatives

As of Friday morning, Canada Post workers have gone on strike, leaving small business owners across the country scrambling for....

The Onion Buys Infowars At Auction With Sandy Hook Families' Support

In a surprising twist, The Onion, a satirical news outlet, was declared the winner in the bankruptcy auction for Alex....

Cashback Rebates Could Save You Thousands On Real Estate Fees

Earlier this year, Mehrdad Khayeri purchased his dream home in the Greater Toronto Area, and with it, a pleasant surprise:....

Bluesky Gains 1m Users Post-Us Election As X Alternatives Grow

Bluesky, a social media platform, has gained one million new users in just one week following the U.S. election as....

Freeland: Carbon Rebate for Small Businesses Will Be Tax-Free

OTTAWA — Deputy Prime Minister and Finance Minister Chrystia Freeland announced on Tuesday that the carbon rebate for small businesses....

Canada Post Workers Issue Strike Notice; Company Warns Of Losses

The Canadian Union of Postal Workers (CUPW) announced that it will be in a legal strike position starting Friday, as....

Bitcoin Hits Record $87,000: Key Points on Post-Election Rally

Bitcoin has soared to a new record, surpassing $87,000 following Donald Trump’s recent presidential election victory. The cryptocurrency’s rapid rise,....

Free Public Transit Exists – You’ll Be Surprised Where!

As public transit in many Canadian cities faces challenges like rising fares and declining ridership, one community is seeing a....

B.C. Port Talks Stall; Attempt To End Lockout Falls Short

Negotiations to resolve the labor dispute that has halted container shipping at British Columbia's ports since Monday, have broken down.....

Canada’s Job Market Holds Steady at 6.5% Unemployment

Canada’s unemployment rate stayed at 6.5% in October, showing no change from the previous month, as per data released by....

Rent Prices Drop in Cities for the First Time in Years

For the first time since July 2021, annual rent prices in Canada have dropped, showing a 1.2 per cent decrease....

Asian Stocks Rally Post-Trump Win, Fed Decision In Focus

Asian shares bounced back Thursday after an initial dip, following record highs in U.S. stocks as investors speculate about the....

U.S. Stocks Rally As Investors Await Election Results

New York – U.S. stock markets surged in after-hours trading Tuesday evening, with a new record high for Bitcoin as....

Business Groups Say B.C. Port Stoppage Will Harm Canadian Economy

A recent work stoppage at British Columbia's ports has added to a series of supply chain interruptions impacting Canadian businesses....

Oil, Gas Companies Face Mandate To Slash Emissions By One-Third

Canada’s oil and gas sector is set to face new federal regulations aimed at significantly reducing greenhouse gas emissions. Environment....

CMHC Warns Of Rising Mortgage Risks As Delinquencies Increase

Canada’s housing market remains stable overall, yet risks are mounting, especially in the mortgage sector, according to Canada Mortgage and....

Warren Buffett Holds Over $325B as Berkshire Sells More Apple Shares

Warren Buffett’s Berkshire Hathaway has amassed over $325 billion in cash following a year of significant stock sales, including Apple....

Menopause Products – Wellness Industry’s New Hype or Real Help?

In recent years, menopause has become a focus for the wellness industry, with a wave of new products promising relief....

Los Angeles County Sues Pepsi, Coca-Cola Over Plastic Waste

Los Angeles County has filed a lawsuit against PepsiCo and Coca-Cola, accusing the beverage giants of misleading the public about....

Tupperware Approved to Exit Bankruptcy with Lender Support

A U.S. bankruptcy judge on Tuesday approved Tupperware’s sale to a group of lenders, setting the stage for the renowned....

Oil Prices Drop As Weak Demand Overtakes Middle East Conflict Risk

Global oil prices dropped significantly after Israel’s recent retaliatory strike targeted Iranian military facilities instead of oil infrastructure, as many....

5 Things To Watch For In The Canadian Business World, Coming Week

TORONTO— Five Key Canadian Business Events to Watch This Week Macklem’s Address to Parliament Bank of Canada Governor Tiff Macklem....

Crtc Announces Temporary Rates For Wholesale Fiber Internet Access

The Canadian Radio-television and Telecommunications Commission (CRTC) has set temporary rates that smaller internet providers must pay to access the....

Yukon’s 2023-24 Budget Shifts From Surplus To Deficit

The Yukon government has announced a non-consolidated deficit exceeding $42 million, marking a nearly $91 million change from the earlier....

Federal Workers Protest Office Mandate, Study Shows Lower Emissions

A recent study reveals that federal employees in Ottawa generated 25% fewer emissions when working from home compared to full-time....

Cineplex Appeals $38.9m Fine Over "Drip Pricing"

Cineplex is challenging a substantial $38.9 million penalty issued by the Competition Tribunal for allegedly misleading marketing practices. The company....

Boeing Workers Reject Contract, Extend 6-Week Strike

Boeing factory workers have voted to reject the company's latest contract proposal, extending a strike that has now lasted six....

Tourmaline And Clean Energy Launch 2 New Gas Stations In Alberta

CALGARY— Two new compressed natural gas (CNG) fueling stations have opened in Alberta to help heavy-duty trucks transition from diesel,....

Honda Recalls 61,000 Canadian Vehicles Due To Fuel Pump Problem

Honda has announced a recall of 61,000 vehicles in Canada due to concerns about a potentially faulty high-pressure fuel pump.....

Small Business Credit Card Fees Set To Drop Under New Deal

Credit card fees for small and medium-sized businesses are expected to decrease as an agreement between the federal government and....

Canadians Feel The Pinch From Rising Grocery And Rent Costs: Poll

Rising grocery and rent prices continue to put financial strain on lower-income Canadians, even as inflation eases, according to a....

Importers Brace For Launch Of New Portal To Collect Duties

A new online tax collection portal for goods entering Canada is set to launch this week, but importers are already....

Japan, UK, Italy To Fast-Track Next-Gen Fighter Jet Project

Japan, the U.K., and Italy have agreed to speed up their collaboration on developing a new fighter jet, set to....

Top 5 Trends To Watch In Canadian Business This Week

TORONTO— Here are five key events to look out for in the Canadian business world this week: Railway EarningsCanada's two....

Ottawa: Businesses Can Seek Tariff Exemptions On Chinese Imports

The federal government has announced that businesses can now apply for relief from the newly imposed tariffs on Chinese electric....

Us Investigates Tesla's 'Full Self-Driving' After Fatal Crash In Fog

The U.S. National Highway Traffic Safety Administration (NHTSA) is investigating Tesla’s "Full Self-Driving" system following several reports of crashes in....

Tobacco Firms to Pay $32.5B in ‘Historic’ Deal with Provinces, Smokers

Three major tobacco companies are set to pay nearly $25 billion to provinces and territories and over $4 billion to....

Amazon and Google compete with clean energy investments for data centers

On Wednesday, Amazon announced plans to invest in small nuclear reactors, following a similar move by Google just two days....

Canada’s Annual inflation falls to 1.6% in September

Canada's inflation rate dropped to 1.6% in September, down from the Bank of Canada's target of 2% in August, according....

Three Economists Win Nobel For Proving Freer Societies Prosper

On Monday, the Nobel Memorial Prize in Economics was awarded to three economists who have explored the reasons behind the....

Trial Starts For U.S. Tech Consultant Accused In Cash App Founder's Death

The trial for Nima Momeni, charged with the fatal stabbing of Cash App founder Bob Lee, began Monday with Momeni's....

Elon Musk's 'Cybercab' Robotaxi Launch Fails To Impress Tesla Fans

Tesla's stock dropped sharply following CEO Elon Musk's presentation of a self-driving taxi and robovan at a highly anticipated event.....

FTX to Return Billions to Customers After Crypto Collapse

FTX has gained court approval for its bankruptcy plan, enabling it to repay customers with up to $16.5 billion in....

CRTC Urges Big 3 Telecoms to Cut International Roaming Fees

Canada's telecom regulator has called on the country's major cellphone providers to lower their international roaming fees. The Canadian Radio-television....

Court Orders Probe Into Crea's Possible Anti-Competitive Actions

The Competition Bureau has secured a court order as part of its investigation into potential anti-competitive practices by the Canadian....

How Power-Hungry AI Can Boost Alternative Energy Growth

The Energy Impact of AI: Balancing Progress and Sustainability Using artificial intelligence (AI) can often feel like witnessing a magic....

Are Big Grocers Blocking Solutions To Cash In On Reusable Bags?

We've all been there—standing in line at the grocery store, realizing we forgot to bring our reusable bags. Begrudgingly, we....

Enbridge plans new oil and gas pipelines in Gulf of Mexico

Enbridge Inc. is expanding its investment in the U.S. Gulf of Mexico, announcing plans to spend approximately $700 million on....

Federal Fisheries Officers Halt Work Amid N.S. Water Violence

Fisheries officers in Nova Scotia are refusing to carry out certain enforcement tasks due to growing concerns over their safety,....

Lafarge Launches Low-Carbon Fuel Facility at Alberta Plant

Calgary— Lafarge Canada Inc. has launched a new facility at its Exshaw plant in Alberta to reduce its reliance on....

Alberta Government Rejects Alcohol Sales In Grocery Stores

Albertans will not be able to purchase alcohol from grocery or convenience stores, as the provincial government has decided against....

OpenAI Secures $6.6b Funding, Shifts From Nonprofit Origins

OpenAI has announced that it has raised $6.6 billion in venture capital, marking a significant move away from its nonprofit....

Tobacco Firms Push To Extend Halt On Legal Cases Against Them

Three major tobacco companies are once again asking to extend a court order that halts legal action against them, as....

Epic Games Sues Google, Samsung For Antitrust Violations

Epic Games, the maker of the popular video game "Fortnite," filed a lawsuit on Monday against Google and Samsung, accusing....

Ottawa’s Mortgage Changes Bring Big Wins for Homeowners, Lenders

In recent weeks, the mortgage market has seen a flurry of changes that are reshaping the landscape for homebuyers and....

Tech Glitch Leads To Accidental Sale On Quebec Liquor

Quebec's liquor authority, the Société des alcools du Québec (SAQ), experienced a temporary glitch that caused all products on its....

Vancouver Grain Workers Strike: No Deal After Two Days of Talks

Talks aimed at resolving a strike by grain terminal workers in Metro Vancouver have broken down, with the employers' association....

Nova Scotia Defends Funding Offer Rejected By Wine Industry

Nova Scotia's wine industry could still receive extra financial support, despite grape growers rejecting the proposal earlier this week, according....

OpenAI Transitions from Nonprofit to For-Profit Model

OpenAI, originally a nonprofit research organization, is reportedly considering shifting its structure to a for-profit model accountable to shareholders. According....

Cambodia's New Canal Aims to Boost Trade, But Poses Mekong Risk

The Mekong River serves as a crucial resource for millions across six countries, supporting the world's largest inland fishery and....

Stellantis, Jeep And Ram maker Seeks New CEO Amid Struggles

Stellantis, the company behind Jeep and Ram, is searching for a successor to CEO Carlos Tavares, as part of what....

Air Canada Union Chief Vows To Resign If Pilots Reject Deal

The head of the Air Canada pilots union has announced she will step down if members reject a proposed agreement....

GM Recalls 450,000 Vehicles for Brake Fluid Warning Issue

General Motors is recalling over 449,000 SUVs and pickup trucks due to a software issue in the electronic brake control....

TD Bank Overhauls Leadership Following Money-Laundering Scandal

TD Bank Group, currently entangled in a U.S. money-laundering scandal, has announced that Raymond Chun will replace Bharat Masrani as....

Maple Leaf Denies Bread Price-Fixing Before Lawsuit Bid

Maple Leaf Foods has firmly denied any involvement in an alleged bread price-fixing scheme as it faces the possibility of....

Tupperware, Iconic Food Storage Brand, Files For Bankruptcy

Tupperware Brands, the company known for revolutionizing food storage, has filed for Chapter 11 bankruptcy protection. The Orlando-based company announced....

Canada’s Inflation Hits BOC’s Target: What’s Next for Prices?

Canada's inflation rate dropped to 2% in August, reaching the Bank of Canada's long-awaited target, according to Statistics Canada on....

Rogers to Own Majority of MLSE After $4.7B Bell Buyout

Rogers Communications is set to buy Bell Canada's stake in Maple Leaf Sports & Entertainment (MLSE) for $4.7 billion, expanding....

Meta Bans Russian State Media Over 'Foreign Interference'

Meta, the company behind Facebook, WhatsApp, and Instagram, has announced a global ban on Russian state media outlets, accusing them....

Canada Eases Mortgage Rules to Address Housing Crisis

On Monday, Finance Minister Chrystia Freeland announced changes to mortgage rules in an effort to address housing affordability. However, some....

Whistleblower On Titan's Safety To Testify Before Coast Guard

David Lochridge, a former OceanGate employee who had raised concerns about the safety of an experimental submersible, is set to....

Tiktok Battles Us Law In Court, Faces Possible Platform Ban

The U.S. government and TikTok are set to face off in federal court this Monday, with oral arguments beginning in....

AI Business Leaders Meet Biden To Discuss Industry's Future

Top officials from the Biden administration met with executives from major tech companies, including OpenAI, Nvidia, and Microsoft, on Thursday....

B.C. Fines Coastal GasLink $590K for Pipeline Violations

The Environmental Assessment Office of British Columbia has fined Coastal GasLink Pipeline Ltd. $590,000 for shortcomings in the construction of....

Flying Air Canada Next Week? Key Info on Rebooking & Refunds

You're ready to travel, but there's still uncertainty about whether Air Canada will get you to your destination. Lesley Keyter,....

Empire Expects Full-Service Grocery Stores to Thrive with Economy Boost

Empire Co. Ltd., the parent company of Sobeys, is optimistic about an economic recovery as it sees the sales gap....

Air Canada Pilot Strike Threatens Travel: What to Know

A looming Air Canada pilot strike could disrupt travel for thousands, as negotiations between the airline and the Air Line....

PwC to monitor employee locations amid office attendance rule

PwC has announced new measures to track its employees' locations as part of a push to enforce stricter office attendance....

Mississauga Walmart Workers To Vote On Joining Unifor Union

Employees at a Walmart warehouse in Mississauga, Ontario, are set to start voting on Tuesday to decide if they want....

Google Hit with Antitrust Trial After Monopoly Ruling

A month after a judge declared Google's search engine an illegal monopoly, the tech giant now faces another significant legal....

Former RBC Exec Ahn Denies Alleged Relationship with Subordinate

In a recent development, former Royal Bank of Canada (RBC) Chief Financial Officer Nadine Ahn has denied all accusations regarding....

Proposed Stamp Price Hike by Canada Post in 2025

Canada Post is considering a price increase for postage stamps, planning to raise the cost of most stamps by 25....

Red Lobster Emerges from Bankruptcy Protection After Sale Approval

After a challenging period marked by multiple restaurant closures and financial struggles, Red Lobster is set to exit Chapter 11....

CPA Canada Offers New Membership to Ontario and Quebec Accountants Amid Split

As the split between the accountants' regulators in Ontario and Quebec and their national counterpart, CPA Canada, approaches, CPA Canada....

Wall Street Declines as Tech and Energy Stocks Slide

Wall Street continued to slide on Wednesday, following Tuesday’s significant drop, as technology and energy stocks weighed on the market.....

HandyDART Co-Founder Supports Workers in Vancouver Strike

Tim Louis, a key figure behind the creation of HandyDART, is standing firmly with workers as their strike in Metro....

Clearview AI fined $45.6M in Netherlands for face database

Clearview AI, a U.S.-based facial recognition company, has been hit with a 30.5 million euro fine ($45.6 million Cdn) by....

Calgary adjusts pumps to ease water strain, issues bylaw tickets

Calgary officials have devised a strategy to manage the city's water supply more effectively while crucial repairs are underway on....

Thousands of U.S. Hotel Workers Go on Strike Over Labour Day Weekend

During Labour Day weekend, more than 10,000 hotel workers in the U.S. staged strikes, demanding better wages, manageable workloads, and....

Fed's Success with Soft Landing Leaves Many Americans Unimpressed

In a recent speech, Federal Reserve Chair Jerome Powell expressed optimism about the U.S. economy, indicating that the inflation surge....

Trudeau's Immigration Shift Forces Rethink on Tackling Labour Shortages

The Liberal government, led by Prime Minister Justin Trudeau, has reversed its decision to ease the rules around Canada's temporary....

Canadian Business Outlook: What to Watch This Week

In the week ahead, several important developments in the Canadian business world are set to unfold. Here are the key....

Is Canada’s Cannabis Industry Headed for a Collapse?

Tokyo Smoke, a well-known Canadian cannabis retailer, is the latest in the industry to struggle amid tough market conditions. The....

 Flair Airlines Offers $1 Flights, Experts Question Deal's Feasibility

Flair Airlines is making headlines with its latest promotion: flights for just $1. The budget carrier has introduced this base....

Tesla Requests Lower Tariffs on Chinese-Made EVs in Canada

Tesla recently approached the Canadian government with a request to reduce the tariffs on its electric vehicles (EVs) manufactured in....

Brazil's Top Court Threatens to Halt X Operations Amid Feud

On Wednesday, a Brazilian Supreme Court justice warned that local operations of X, previously known as Twitter, could face shutdown....

Nvidia stock dips despite strong earnings and AI chip demand surge

Nvidia recently reported a significant surge in profits, driven by its stronghold in the chipmaking sector, which has solidified its....

BMO's Loan Issues Hit Quarterly Results Again

TORONTO- BMO Financial Group’s quarterly results have been negatively impacted by issues with its loan portfolio, leading analysts to worry....

Canadian Dollar Hits 5-Month High as U.S. Dollar Slips

On Tuesday, the Canadian dollar hit to its highest point in five months against the U.S. dollar. This increase followed....

Rocky Mountain Coal Hearings Set to Proceed Despite Appeal

The Alberta Energy Regulator is moving forward with public hearings on coal exploration in the Rocky Mountains, despite a recent....

Canada to Impose Tariffs on China’s EVs, Aluminum, Steel

Canada is introducing new tariffs on electric vehicles (EVs) imported from China, aiming to prevent these vehicles from gaining a....

GO Transit to Resume Service From Monday After Railway Dispute

Metrolinx, the agency managing Ontario’s GO Transit system, announced that service will resume on the Milton GO line and at....

French Authorities Detain Telegram CEO Pavel Durov at Paris Airport

Pavel Durov, the founder and CEO of the messaging app Telegram, was detained at Paris-Le Bourget Airport on Saturday evening.....

Latest Update on Labor Dispute at Canada's Top Two Railways

The Canadian government is stepping in to address a nationwide rail strike involving the country's two largest rail companies. However,....

Air Canada Pilots May Strike Next Month After Strong Vote

Air Canada pilots have strongly backed a strike mandate, potentially setting the stage for a walkout as soon as September....

Canadians Await Railway Reopening Details After Federal Intervention

Businesses and industry leaders are eagerly waiting for news on when Canada's freight trains will resume operations. A full day....

Italy and EU's Beach Concession Dispute Might Be Near Its End

Italy’s beaches have become the center of a heated debate this summer, as the European Commission continues its long-standing conflict....

Google to Pay Millions for California News, Journalists Criticize Deal

Google is set to provide California with millions of dollars to support local journalism jobs in a pioneering agreement. However,....

Gold Prices Hit Record High; Here's Why

Gold has reached new heights this week, achieving an all-time high. On Tuesday, the spot price for gold closed at....

Ford Takes $1.9B Step Back from EVs to Focus on SUVs

Ford Motor Co. is once again adjusting its electric vehicle strategy, announcing the cancellation of a planned fully electric SUV....

Canada's Top 2 Freight Railroads Halt Operations Over Contract Dispute

TORONTO— Both of Canada’s major freight railroads have halted operations due to a contract dispute with their workers, posing a....

Walmart Sells $3.74B Stake in JD.com to Focus on China Operations

HONG KONG, Aug 20 (Reuters) - Walmart has divested its entire stake in Chinese e-commerce giant JD.com, ending an eight-year....

‘Skip the Dishes' Parent Company Cuts Hundreds of Canadian Jobs

SkipTheDishes and its parent company, Just Eat Takeaway.com, are set to lay off approximately 800 employees. On Tuesday, SkipTheDishes CEO....

Australian Government Approves World’s ‘Largest Solar Precinct’

In a significant development, the Australian government has approved the environmental permits for a groundbreaking $19 billion solar energy project.....

Cogeco Sign for New Agreement to Expand Wireless Services in Canada

Cogeco Inc. has announced new partnerships with a major national wireless network operator and Eastlink as part of its strategy....

Couche-Tard Eyes Global Retail Giant with Bold Bid for 7-Eleven

A leading Canadian convenience store chain might soon grow even larger as the owner of Circle K, Alimentation Couche-Tard Inc.,....

Apple Expects More Revenue with New Patreon Fee Structure

Starting in November 2024, content creators using Patreon may face higher costs for their supporters due to a new fee....

Perdue Recalls 167,000 Pounds of Nuggets After Metal Found

Check your freezer for a possible recall. Perdue Foods is pulling more than 167,000 pounds of frozen chicken nuggets and....

Nearby Town Stands By Fire-Hit Jasper For The Long Haul

Finding a hotel room in Hinton, Alberta, has become a challenge recently. Since late July, the town of 10,000 has....

Housing Market Stable in July, Shows Signs of Active Market: CREA

OTTAWA— Canada's housing market showed a slight cooling in July compared to June, according to the Canadian Real Estate Association....

Canada Jetlines Grounds All Flights, Seeks Creditor Protection

Canada Jetlines, the low-cost airline that took to the skies less than two years ago, has ceased operations due to....

CRTC Broadens Internet Providers' Access to Telecom Networks

Canada's telecommunications regulator, the CRTC, is broadening a previous decision to allow smaller internet providers to use the fibre networks....

Costco Trails Membership Card Scanner At Several Canadian Stores

Costco Wholesale is currently testing new membership card scanners at the entrances of several of its stores across Canada. The....

Chipotle's Brian Niccol to Replace Narasimhan as Starbucks CEO

Starbucks is undergoing significant leadership changes amidst declining sales and investor dissatisfaction. The company announced on Tuesday that it is....

B.C. Securities Commission Uncovers $13m Crypto Trading Fraud

VANCOUVER – The British Columbia Securities Commission has determined that a cryptocurrency trading platform, ezBtc, along with its owner, David....

Solar Industry Thrives with Rising Demand for Weed-Eating Crew

Under the scorching sun, Janna Grier steps out of her truck to tend to her flock of sheep, who are....

Goodyear invests $575M to expand Ontario plant for EV tires

Goodyear Canada is set to invest over $575 million to expand and modernize its plant in Napanee, Ontario, focusing on....

Airlines Abandon Small Cities, Disrupting Key Connections

MONTREAL — From his office at Gander International Airport, Reg Wright has a clear view of every flight arriving and....

Canada’s Job Losses Hit 2,800; Unemployment Rate Stuck at 6.4%

Canada's job market showed signs of further weakening in July, with the economy losing 2,800 jobs and the unemployment rate....

Elf Beauty Sees Sales Surge as Lip Oils Attract Budget Shoppers

Elf Beauty Inc. reported a significant 50% increase in revenue for the latest quarter compared to the same period last....

Rail Lockout Looms in Two Weeks After Labour Board Ruling

Two of Canada’s largest railways have issued warnings of an impending lockout of workers, set to begin on August 22,....

Tim Hortons' Sales Success Sets a Strong Example in Canada's Economy

On Thursday, shares of Restaurant Brands International (RBI), the parent company of Tim Hortons, experienced an uptick following the company’s....

Paris Olympics Hit Air Canada's Summer Sales, Profits Plunge

Air Canada's role as the official carrier of Team Canada did not shield it from the summer sales impact caused....

BOC Concerned About Weak Job Market Before July Rate Cut

The Bank of Canada aims to accelerate economic growth, but some members of its governing council worry that a weak....

Elon Musk's X Sues Advertisers for 'Massive Boycott' Post-Twitter Takeover

Elon Musk's social media platform, X, has filed a lawsuit against several advertisers, claiming a "massive advertiser boycott" led to....

Microsoft Responds to Delta's $500M Tech Outage Claim

Microsoft and cybersecurity firm CrowdStrike are teaming up to challenge Delta Air Lines' accusations that their technology caused thousands of....

Shippers Face Uncertainty as Rail Strike Threatens Operations

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Boeing and Spirit Execs to Testify at NTSB MAX 9 Hearing

The National Transportation Safety Board (NTSB) announced that several Boeing and Spirit AeroSystems executives will testify at a two-day hearing....

Google Faces Major Setback in Antitrust Trial

A federal judge has ruled that Google violated U.S. antitrust laws by abusing its dominance in online search and advertising.....

Drugstores Revamp as Traditional Business Models Face Challenges

American drugstores are exploring smaller store formats and new ways to provide care as price-sensitive customers seek alternatives. Walgreens and....

Imperial Oil's net income rises to $1.13 billion from $675M

Imperial Oil Ltd. recently shared an exciting update about a major renewable diesel project that's taking shape near Edmonton. The....

Amazon's Profits Rise But Revenue Falls Short, Affecting Stock Prices

Amazon reported a significant increase in its quarterly profits, yet the company fell short of revenue expectations, causing its stock....

Intel to Cut 15,000 Jobs in Bid to Revive Business and Compete

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Canada Mandates Plastic Makers' Reporting

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Boost for Indigenous Entrepreneurs: Fresh Federal Funding

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Just for Laughs Operator Under $22.5M Debt, Will the Fun Continue?

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Canadian Exporters' Forum Embraces Inclusivity for Women

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B.C. Judge Approves $14.4M iPhone Throttling Settlement by Apple

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Federal Housing Agency Ends First-Time Homebuyer Incentive

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Capital One Acquires Discover: $35B Deal Unites US Credit Giants

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Canadian Housing Market Sees Second Consecutive Sales Surge Amidst Declining Prices

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Toyota Urges Immediate Repairs for 7,300 Canadians Over Airbag Safety Concerns

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Alberta Securities Commission Imposes Sanctions on Edmonton Man and Crypto Company for Securities Law Violations

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Florida Gets U.S. Approval to Import Meds from Canada

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Roger Communications Increase the Price Range for some Wireless Phones

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Teck Wraps Up Sale of Coal Stakes to Nippon, Posco

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Calgary Homes Flying off the Market Amid Increased Demand from Newcomers

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Tesla's 4Q Sales Soar Beyond Expectation, Despite Slower Electric Vehicle Growth

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Alberta brought back the surge while Manitoba made a pause on Gas Tax

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Gold Prices are Soaring amid Global Instability

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Negotiations for Viterra Contract Set to Continue in Regina After the New Year

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Canaccord Fined with $475,000 for Failing in Trading Supervision

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Osisko Mining’s Share Repurchase Program Renewed

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Harry Rosen, founder of Canadian menswear chain, dies at 92

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First Quantum states Lack of Legal Grounds for Mine Closure Plan in Panama

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BlackBerry Shares Take a Dive, Plummeting Over 10% Amidst Cost-Cutting Plans

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Cardinal Capital Management Joins the Chorus Urging Chamandy's Return as Gildan CEO

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Thrift Store Serendipity: Woman’s $3.99 Vase Turns into $107,100 Auction Sensation

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Canadians Brace for Persistent Holiday Food Price Hikes Despite Inflation Slowdown

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Canada to bid Goodbye to Gas-Powered Vehicles by 2035

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Price Growth Stalls: November Inflation Remains Steady at 3.1%

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Apple Halts Sales of Certain Watches in the United States Amid Patent Dispute

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Tuesday Deadline: Final Electric Vehicle Mandate Unveiled, Requires Doubling Sales by 2026

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Quaker Oats Pulls Granola Items from Shelves Amid Salmonella Worries

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Week's Business Buzz: 5 Canada's Business Scene to Watch out

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Macklem Anticipates 2024 as a 'Transition' Year with Economic Slowdown and Declining Inflation

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Rogers Strikes Agreement with Rival Carriers for Wireless Access in TTC

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Tesla to Retrieve Over 2 Million Cars in the U.S. and Canada Due to Alertness Monitoring System Issues

Tesla is recalling over two million vehicles sold in the U.S. and 193,000 sold in Canada to address a faulty....

Major Canadian Banks Rank Lowest in Low-Carbon Finance Assessment

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Toronto Entrepreneur Launches Coat Drive for Needy After Theft at Laundromat

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Sam Altman Set for Return as CEO at OpenAI Following Controversial Removal

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Impending January Strike Looms for Air Transat as 2,100 Workers Overwhelmingly Support Walkout

Air Transat flight attendants could strike as early as January 3, following an overwhelming mandate from over 2,100 workers who....

Newfound Power: Ottawa Grants Increased Autonomy to Newfoundland and Labrador in Offshore Wind Energy Initiatives

The Canadian federal government is streamlining the regulatory process for offshore wind power projects along the country's eastern coast, aiming....

General Motors Trims Electric Vehicle and Autonomous Car Ambitions Due to $10 Billion Impact from New Labor Agreements

General Motors (GM) has adjusted its course on electric vehicles (EVs) and self-driving cars, citing new labor agreements in the....

Autoworkers Give Thumbs Up to Agreements with Ford, Stellantis

The United Auto Workers union has officially approved new contracts with automakers Ford and Stellantis, marking the conclusion of negotiations....

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A widely observed annual report on food prices anticipates a surge in the yearly cost for a family of four,....

Canada's Economy Contracts by 0.3% in the Third Quarter, According to StatsCan Report

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Mastermind Toys Announces Closure of 18 Stores and Business Sale-off to Unity Acquisitions

Canadian toy retailer Mastermind GP Inc. has finalized an agreement to sell a significant portion of its business to Unity....

Holiday Shopping Season Shadowed by Fragile Economy as Consumers Hunt for Value

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Higher Costs and Interest Rates Cited as Culprits for November Slump in Toronto Detached Home Sales

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Bank of Canada Maintains Status Quo: Key Interest Rate Holds Steady at 5% amid Growing Speculation on Potential Rate Cuts Timing

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