51°µÍø

Skip to content

National Business

Hudson's Bay is liquidating all of its stores. Here's what you need to know

Hudson's Bay is liquidating all of its stores. Here's what you need to know

Hudson's Bay has begun liquidating all of its stores after the company filed for creditor protection in March. Here’s how the process is unfolding so far: Which stores are part of the liquidation? All of them.
Ontario's new mining bill is a 'vendetta' against species at risk: environmentalists

Ontario's new mining bill is a 'vendetta' against species at risk: environmentalists

TORONTO — Ontario is moving to gut protections for endangered plants and animals as part of a mining bill, environmental groups say, with some calling it the most comprehensive attack on the province’s at-risk species legislation in nearly two decade
Miners set to reap rewards of high gold prices but remain cautious on spending

Miners set to reap rewards of high gold prices but remain cautious on spending

TORONTO — Record gold prices are translating into higher profits for Canadian producers and excitement about the potential for more growth, though miners remain cautious on spending. Agnico Eagle Mines Ltd.
Ottawa posts $19.3-billion deficit for April-to-February period of 2024-25

Ottawa posts $19.3-billion deficit for April-to-February period of 2024-25

OTTAWA — The federal government posted a budgetary deficit of $19.3 billion for the April-to-February period of its 2024-25 fiscal year. The result compared with a deficit of $17.3 billion reported for the same period of 2023-24.
Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February

Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February

OTTAWA — Retail sales dropped 0.4 per cent to $69.3 billion in February as sales fell at new car dealers, Statistics Canada said Friday. However, the agency said its early estimate for March suggested an increase of 0.
7-Eleven's soon-to-be chief is confident he knows value, and thrifty customers

7-Eleven's soon-to-be chief is confident he knows value, and thrifty customers

TOKYO (AP) — The first foreigner tapped to head 7-Eleven expressed confidence Friday the Japanese convenience store chain will continue to attract thrifty customers, even in an economic slowdown.
New Brunswick, Newfoundland and Labrador sign agreement to knock down trade barriers

New Brunswick, Newfoundland and Labrador sign agreement to knock down trade barriers

ST. JOHN'S — New Brunswick and Newfoundland and Labrador are the latest provinces to pledge to work together and knock down trade barriers as Canada faces economic threats from U.S. President Donald Trump.
Precision Drilling trims 2025 capital budget amid market uncertainty

Precision Drilling trims 2025 capital budget amid market uncertainty

CALGARY — Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs.
Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at least

Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at least

NEW YORK (AP) — Wall Street’s rally kept rolling Thursday as better-than-expected profits for U.S. companies piled up, though CEOs said they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war.
Hudson's Bay auction of items including 1670 royal charter can go ahead, judge rules

Hudson's Bay auction of items including 1670 royal charter can go ahead, judge rules

TORONTO — Hudson's Bay can now prepare to auction off 4,400 artifacts and art pieces along with the 355-year-old royal charter that launched the now-ailing company.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks