Business

Hudson's Bay to start liquidating stores as early as next week

The death knell is ringing for Canada’s oldest company. Hudson’s Bay announced late Friday evening that unless it finds a more viable path forward, it will begin liquidating its entire business...

6h ago

U.S. officials hopeful 'high-level' TikTok deal will be completed by early April

Vice President JD Vance said Friday that he was hopeful a deal to keep TikTok operating in the U.S. will be wrapped up by the early April deadline. “There will almost certainly be a high-level agreement...

11h ago

Prime Minister Mark Carney's cabinet terminates consumer carbon tax

Prime Minister Mark Carney's first move after taking office on Friday was to eliminate the consumer carbon price, undoing Justin Trudeau's signature climate policy. Carney addressed members of the media...

11h ago

Court approves sales of two plants owned by company linked to listeria outbreak

TORONTO — An Ontario court has approved the sale of two facilities owned by the Canadian company that processed plant-based milk linked to a deadly listeria outbreak. Court documents show Joriki is...

17h ago

Court approves sales of two plants owned by company linked to listeria outbreak

TORONTO — An Ontario court has approved the sale of two facilities owned by the Canadian company that processed plant-based milk linked to a deadly listeria outbreak. Court documents show Joriki is...

14h ago

Via Rail on-time performance plunges after CN imposes new speed rules

Via Rail's on-time performance hit new lows in recent months, internal documents show, a decline the Crown corporation blames largely on new rules from Canadian National Railway Co. Files obtained through...

12h ago

TSX, U.S. markets rally Friday, gold price tops US$3,000 an ounce for first time

TORONTO — Canada's main stock index gained 1.5 per cent Friday, rallying alongside U.S. markets to end an otherwise grim week for equities, while the price of gold topped US$3,000 an ounce for the first...

13h ago

TSX, U.S. markets continue to sell off Thursday after latest Trump tariff threat

Canadian and U.S. markets continued their sell-off Thursday as U.S. President Donald Trump's tariff streak continued, taking the S&P 500 into its first correction since 2023. A correction is when...
Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

WASHINGTON (AP) — President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey. ...
The trade war goes metal

U.S. President Donald Trump has taken the next step in its tariff battle with the world, placing a 25 per cent tariff on steel and aluminum products from Canada and all other countries. There was even...