Business

Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker's hardware leader

Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a 15-year reign that saw the company’s market value soar by more than $3.6 trillion during an iPhone-fueled...

5h ago

MPs question delay in Taiwan trade framework as diplomat says ball in cabinet's court

OTTAWA — Conservative and Bloc Québécois MPs are calling on the Liberals to follow through on a trade co-operation framework with Taiwan after the territory's envoy to Canada said Ottawa halted the...

11h ago

Airfares climb for first time in nearly two years amid soaring fuel costs: StatCan

MONTREAL — The war in Iran has triggered a reversal in the nearly two-year trend of annual decreases in airfares, with energy shocks from the conflict prompting a year-over-year rise in Canadian ticket...

7h ago

Business sentiment was improving, but Middle East war pushing up costs

OTTAWA — Businesses are beginning to face higher costs related to the war in the Middle East, the Bank of Canada found in its latest quarterly survey of companies. Based on the business outlook survey...

11h ago

'The people don't want it,' Ford says about decision to sell jet days after purchase

TORONTO — Taxpayers flooded Ontario Premier Doug Ford's cellphone over the weekend with complaints about the province's purchase of a $29-million jet to fly him around the province, he said Monday. By...

9h ago

Superior Plus shares up more than 10 per cent after signing data centre deal

TORONTO — Shares of Superior Plus Corp. were up more than 10 per cent in early trading after it announced it has recently been awarded multiple contracts, including an agreement to support a hyperscale...

13h ago

Canada expands direct flight access with China in bid to boost trade, tourism

Canada is expanding the number of direct flights permitted between Canada and China, a move the federal government says will strengthen economic ties, improve travel options and support efforts to diversify...

13h ago

Commercial real estate market at turning point as vacancies drop: report

Canada's commercial real estate sector could be at a turning point after the national vacancy rates for both office and industrial properties simultaneously declined for the first time since 2020, a new...

13h ago

Women take the lead in whiskey as more female drinkers and distillers change the industry

SHOREHAM, Vt. (AP) — Meghan Ireland always loved chemistry, but as a college freshman studying chemical engineering, she didn’t know she could channel her passion for science into the art of making...

13h ago

Federal pause on gasoline, diesel tax takes effect today, after Iran fuel price spike

Ottawa's temporary suspension of some fuel taxes kicks in today, with Canadians likely to save 10 cents per litre on regular gasoline, and four cents on a litre of diesel. Prime Minister Mark Carney...

10h ago