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Canada Financial News & Markets

Last updated: 12:45:27 p.m.

Market Summary

Symbol Name Price Change % Change Volume
TSX S&P/TSX Composite Index 22731.20 -19.01 -0.08% 258.52M
RY.TO Royal Bank of Canada 142.59 +0.03 +0.02% 3.31M
TD.TO Toronto-Dominion Bank 78.58 -0.34 -0.43% 2.92M
ENB.TO Enbridge 51.28 -0.08 -0.15% 4.43M
SU.TO Suncor Energy 48.79 +0.04 +0.08% 5.82M
CNR.TO Canadian National Railway 172.49 +0.15 +0.09% 1.83M
BAM.TO Brookfield Asset Management 63.28 +0.00 +0.01% 0.99M
BMO.TO Bank of Montreal 125.13 -0.27 -0.21% 2.20M
CNQ.TO Canadian Natural Resources 93.31 -0.44 -0.47% 3.15M
BCE.TO BCE Inc. 46.65 -0.18 -0.39% 1.76M
130 financial news articles

China approves Bunge’s $34-billion merger with Glencore-backed Viterra

Globe and Mail Business Canada Finance

China’s market regulator granted conditional approval for the merger, clearing the final hurdle for Bunge’s purchase of the grain handler

Rotting fish-sauce plant whose stench torments Newfoundland town will be cleaned up

Globe and Mail Business Canada Finance

The Newfoundland and Labrador government says the province will foot the bill, bringing town’s residents close to the end of a decades-long ordeal

Reddit launches AI advertising tools to let brands tap into user conversations

Globe and Mail Business Canada Finance

The company said two new AI-powered features will let marketers identify trends and integrate user comments into advertisements

Airbus lands $3.5-billion Saudi order as France-Israel dispute flares up at Paris Airshow

Globe and Mail Business Canada Finance

Paris ordered four Israeli company stands to be closed for displaying offensive weapons, a move condemned by Israel’s Ministry of Defense

Business Brief: A G7 summit under the shadow of he-who-must-not-be-named

Globe and Mail Business Canada Finance

Catch up on Day 1 of the summit, plus a special security challenge: wildlife

Canadian exporters increasingly shift from U.S. to overseas markets

Globe and Mail Business Canada Finance

The Port of Montreal has recorded sharp rises in cargo traffic with many European and Asian countries, data show

For the G7, natural gas is destiny. Let’s embrace it as the bridge to energy security

Globe and Mail Business Canada Finance

This has become a decade of disruption for energy, especially for natural gas

Kering shares climb after reports that Renault CEO will quit for Gucci owner

Globe and Mail Business Canada Finance

The French carmaker’s chief executive, Luca de Meo, is poised to become head of the French luxury goods group that owns Gucci

Warner Bros. Discovery and Comcast are doing the divestiture dance again. Will it save them?

Globe and Mail Business Canada Finance

Media and entertainment giants can’t seem to keep up with shifts in consumer trends

Banks, if you want staff back in offices, give them proper offices to go back to

Globe and Mail Business Canada Finance

Mandating in-person work is crucial for productivity but impractical when companies try to cut corners

Former Canadian Auto Workers president Basil (Buzz) Hargrove has died, Unifor says

Globe and Mail Business Canada Finance

Hargrove, who retired in 2008, was ‘a beloved and iconic figure in Canada’s labour movement,’ Unifor said in a statement

Canada, U.K. commit to trade talks after Carney and Starmer meet

Globe and Mail Business Canada Finance

The U.K. Prime Minister stopped in Ottawa on the way to the G7 leaders’ summit

Is AI dulling critical-thinking skills? As tech companies court students, educators weigh the risks

Globe and Mail Business Canada Finance

Artificial intelligence is the latest technology stoking fears of human decline. Early studies stoke doubt about whether the fear is warranted

Vista and Blackstone quietly buy Assent, valuing Ottawa compliance software company at $1.3-billion

Globe and Mail Business Canada Finance

Long-standing investors cash in with lucrative exit including lone Canadian institutional backer, First Ascent Ventures

Estée Lauder chairman emeritus Leonard Lauder dies at 92

Globe and Mail Business Canada Finance

Lauder joined the company in 1958 and played a key role in transforming the business to a multi-brand cosmetics giant

BCE sale of Northwestel stalls as Indigenous coalition seeks financing

Globe and Mail Business Canada Finance

Sixty North Unity would become the largest fully Indigenous-owned telecom company in the world if the $1-billion deal goes ahead

Hydro‑Québec CEO’s new role in Ottawa, Canada braces for U.S. tax bill and Mattamy Homes gets into prefab housing: Must-read business and investing stories

Globe and Mail Business Canada Finance

Plus, Canada’s love affair with EVs has stalled, putting Ottawa’s mandate in doubt

At the G7, the trade war will be everywhere but on the agenda

Globe and Mail Business Canada Finance

Tariff talks will likely dominate the sidelines of the summit in Kananaskis as world leaders navigate U.S. President Donald Trump’s trade policies

Buy Canadian movement sours sales at one Edmonton candy store

Globe and Mail Business Canada Finance

Tariffs are taking a toll on Laurie Radostits’s business and highlighting the difference between buy Canadian versus support Canadian movements

Investors unnerved as Israel-Iran conflict fuels turmoil in oil markets

Globe and Mail Business Canada Finance

Oil prices rose by 7% on Friday, as Israel and Iran traded strikes, and investors will be watching closely to see how prices react when markets open later

The hidden toll of chronic migraine on workers and companies

Globe and Mail Business Canada Finance

From a business perspective, migraine is a silent disruptor, says one expert, citing the damages caused by presenteeism

Falling home prices could mean trouble for Canada’s GDP, the Home of the Week and more top real estate stories

Globe and Mail Business Canada Finance

Plus, this week’s lowest fixed and variable mortgage rates in Canada

WestJet probes cybersecurity incident affecting mobile app, some internal systems

Globe and Mail Business Canada Finance

The airline says specialized internal teams are working alongside law enforcement and Transport Canada to limit the impact and determine the scope of the breach

New rules for mining projects will speed up approvals, says N.S. government

Globe and Mail Business Canada Finance

Environment minister says changes will streamline approvals and maintain environmental standards, but critics argue the government hasn’t made needed improvements to industrial transparency

Trump approves Nippon Steel’s US$14.9-billion purchase of U.S. Steel

Globe and Mail Business Canada Finance

The companies signed an agreement with the Treasury Department resolving national security concerns posed by the deal

When your business disappears overnight: The unaccountable power of Meta

Globe and Mail Business Canada Finance

Small businesses are finding their social media accounts suddenly shuttered – signalling Meta’s obvious disinterest in safeguarding the livelihoods of its users

Oil prices jump more than 7% after Israel’s strikes on Iran

Globe and Mail Business Canada Finance

Brent crude futures were up 7.02% to $74.23, while U.S. West Texas Intermediate crude finished up 7.62% to $72.98 a barrel

Google, Scale AI’s largest customer, plans to split away after Meta deal, sources say

Globe and Mail Business Canada Finance

According to sources, Meta is taking a 49% stake in Scale AI, valuing the latter at $29 billion

Ontario fines recruiter charging foreign workers for placements at Canadian Tire store

Globe and Mail Business Canada Finance

Allison Jones intends to appeal the decision, which she says was made ‘in error’

Demand for energy to soar 24 per cent from now to 2050, OPEC head says

Globe and Mail Business Canada Finance

Haitham al-Ghais says global oil demand will surpass 120 million barrels a day by 2050

TSX falls as Iran-Israel tensions shake markets

Globe and Mail Business Canada Finance

Crude oil jumped as much as 14 per cent, while U.S. S&P E-mini futures slumped 1.6 per cent and Nasdaq futures dropped 1.7 per cent

Pitching in: Ride for Henry supports a Toronto children’s rehabilitation hospital

Globe and Mail Business Canada Finance

A year ago, Henry Black was paralyzed by a bike accident. Now, relative Justin Flowerday has organized a fundraising ride to support Henry and the hospital that provided his in-patient care

Brookfield to buy internet provider Hotwire for about $7-billion, sources say

Globe and Mail Business Canada Finance

Current owner Blackstone bought Hotwire in 2021, and the company now offers internet in nine U.S. states

Why an increase in mortgage-free young people is a worrisome sign

Globe and Mail Business Canada Finance

Young Canadians’ chances at entering the housing market increasingly depend on generational wealth

Imports drop 9% at busiest U.S. seaport due to 145% China tariffs in May

Globe and Mail Business Canada Finance

The Port of Los Angeles is U.S.’s top port taking in goods from China and saw lowest monthly volume in over two years

Canada’s F-35 costs are soaring to crazy levels. Time to bring on the drones instead

Globe and Mail Business Canada Finance

The cost of purchasing planes such as the F-35 pales in comparison with the cost of keeping them in the air

Which financial institution wants to be the Uber of delivering cash? Take our business and investing news quiz

Globe and Mail Business Canada Finance

Take our business and investing news quiz to test your recall of the top stories of the week ending June 13

Fast-fashion retailer Shein’s transport emissions jump 13.7% in 2024

Globe and Mail Business Canada Finance

According to the company’s sustainability report, emissions were 8.52 million metric tons of CO2 equivalent in 2024, up 1.03 million from 2023

U.S. consumer sentiment rises for first time this year as inflation remains tame

Globe and Mail Business Canada Finance

Consumer sentiment increased by 16 per cent however they still “perceive wide-ranging downside risks to the economy”

International review of Canada’s anti-money laundering system will put regulators in the hot seat

Globe and Mail Business Canada Finance

Recent scandals, such as the one involving TD Bank, have dampened the perceived effectiveness of the country’s regulators

Manufacturing sales in April see biggest monthly drop since 2023 as U.S. tariffs hit industry

Globe and Mail Business Canada Finance

Sales stand at their lowest level since January, 2022, after a second straight monthly drop, Statistics Canada says

Roots reports $7.9-million Q1 loss, CEO says ‘pullback’ not seen in consumer sales

Globe and Mail Business Canada Finance

Retailer says the loss amounted to 20 cents per share for the quarter, compared with a loss of 22 cents per share in the same quarter last year

Fed expected to keep interest rates steady as tariff risks outweigh inflation data

Globe and Mail Business Canada Finance

Release of a series of inflation readings has eased concern that the tariffs imposed by Trump would translate quickly into higher prices

Lately: AI vs. critical thinking, ‘dadfluencers’ and Facebook’s role during wildfires

Globe and Mail Business Canada Finance

Plus: A look at a new trend on BookTok

To boost productivity, more young Canadians must go into the skilled trades

Globe and Mail Business Canada Finance

With youth unemployment high, now is the time for young workers to see the rising demand in certain fields

Middle East takes centre stage: World market themes for the week ahead

Globe and Mail Business Canada Finance

Question of whether the Fed is more worried about inflation or labour markets tops agenda for investors looking for clarity on the interest-rate outlook

Business Brief: Meta’s black market problem

Globe and Mail Business Canada Finance

Recovering a hacked account is no small feat – and Meta does little to help

Federal pension manager shifts more focus to investing in Canada, other non-U.S. regions

Globe and Mail Business Canada Finance

Market swings test PSPIB fund, which earned 12.6% in the last fiscal year

Video game retailer EB Games plugs into nostalgia in bid to supercharge sales

Globe and Mail Business Canada Finance

Revived Canadian brand aims to draw customers into stores by recreating gamer experiences of the past

As the world’s economy shifts, is the G7 even the G7 any more?

Globe and Mail Business Canada Finance

Amid tariff chaos, U.S. volatility and a sudden jump in military spending, growth rates across the Western alliance are sliding

Canada’s love affair with EVs has stalled, putting Ottawa’s mandate in doubt

Globe and Mail Business Canada Finance

Sales have tumbled after pauses in consumer subsidies from Quebec and Ottawa

In today’s mixed-signal mortgage market, getting a rate hold is a smart move

Globe and Mail Business Canada Finance

There’s no downside to locking in a rate as insurance against hikes

Telus fails to deliver on Entwistle’s IPO-based growth strategy

Globe and Mail Business Canada Finance

Investors will be more skeptical about buying when Mr. Entwistle is selling after his execution failed to match his ambition

Dundee Precious to buy UK’s Adriatic Metals in US$1.25 billion deal

Globe and Mail Business Canada Finance

The transaction comes amid a growing wave of acquisitions targeting UK-based firms

AtkinsRéalis signs deal with F1 team Alpine to become an engineering partner for its racing division

Globe and Mail Business Canada Finance

One of the goals of the partnership is the development of an engineering academy based in Enstone

Gold hits nearly two-month high as Middle East tensions spur safe-haven demand

Globe and Mail Business Canada Finance

Spot gold was up 1.2 per cent at $3,423.30 an ounce, as of 0544 GMT and U.S. gold futures gained 1.2 per cent to $3,444.50

Telus proposes buying back Telus Digital for more than US$400-million

Globe and Mail Business Canada Finance

Tech outsourcing company Telus Digital has seen its share price plummet since it went public in 2021

Quebec’s Hypertec announces $5-billion program to build European data centres

Globe and Mail Business Canada Finance

‘I forgot how tall I was’: Former Humboldt Bronco Ryan Straschnitzki walks using exoskeleton

Globe and Mail Business Canada Finance

Seven years after his injury, robotic support technology helps the former athlete walk – and handle a hockey stick – again

Gold tops one-month high as Middle East tensions spur safe-haven demand

Globe and Mail Business Canada Finance

Spot gold was up 1.3 per cent at $3,428.28 an ounce, as of 0134 GMT, while U.S. gold futures gained 1.4 per cent to $3,449.60

Oil jumps as Israel strikes Iran, rattling investors

Globe and Mail Business Canada Finance

Brent crude futures rose $5.29, or 7.63 per cent, to $74.65 a barrel by 0142 GMT, while U.S. West Texas Intermediate crude was up $5.38, or 7.91 per cent, at $73.42 a barrel

Alberta Premier grilled on province’s coal policy at rowdy, angry town hall

Globe and Mail Business Canada Finance

The premier and her ministers were shouted down on several occasions as they defended changes to the coal policy

Oil prices jump after Israel strikes Iran

Globe and Mail Business Canada Finance

Brent crude futures rose $3.91, or 5.64%, to $73.27 a barrel by 0146 GMT. U.S. West Texas Intermediate crude was up $4.09, or 6.01%, at $72.13 a barrel

Business groups urge Carney to pause Digital Services Tax in fear of Trump backlash

Globe and Mail Business Canada Finance

The DST is among a broader group of ‘unfair’ taxes the U.S. President has flagged in his economic bill

Ottawa to put latest Canada Post offer up to a union vote

Globe and Mail Business Canada Finance

The government is seeking an end to the stalemate between Canada Post and the Canadian Union of Postal Workers

Pipeline project backed by Nisga’a Nation seeks to win over other Indigenous groups

Globe and Mail Business Canada Finance

The Prince Rupert Gas Transmission project would supply the future Ksi Lisims LNG facility, which is under environmental review

Google says it has resolved outage that impacted Spotify, Discord services

Globe and Mail Business Canada Finance

Downdetector logged more than 10,000 incidents of people reporting issues with Google Cloud and about 46,000 reports on Spotify

Ottawa urged to fund retraining for B.C. dock workers displaced by automation

Globe and Mail Business Canada Finance

A new report found job security for dock workers has become shakier as the industry adopts new technology

Mark Carney’s go-it-alone approach is born of necessity

Globe and Mail Business Canada Finance

For better or worse, the PM is bigfooting his cabinet – much like his predecessors

Trump signs measure to block California’s ban on new sales of gas-powered cars by 2035

Globe and Mail Business Canada Finance

California’s attorney general quickly said the state will challenge the move in court

The Big Six banks are to blame for the lifeless Toronto Stock Exchange

Globe and Mail Business Canada Finance

The banks’ market influence could be reversed with the right actions and incentives, broadening the availability of risk capital to invest in our economy

Canada takes centre stage as VivaTech trade show opens in Paris

Globe and Mail Business Canada Finance

Canada was selected as ‘country of the year’ because of its emergence as a leader in artificial intelligence, organizers say

Business Brief: Canada speeds into the G7 summit

Globe and Mail Business Canada Finance

In today’s edition: A country holds a meeting, and many grievances

Why Apple can make iPhones only in China, and what Canada can learn from that

Globe and Mail Business Canada Finance

Trump’s threat to impose tariffs on iPhones is bluster – because there is no way they could be made in the U.S.

Boeing shares down more than 4% after Air India Dreamliner jet crashes, killing more than 200

Globe and Mail Business Canada Finance

Fatal crash tarnishes the jet’s safety record and muddies CEO Kelly Ortberg’s efforts to boost production

Air India sinks further into crisis after crash that left more than 200 passengers dead

Globe and Mail Business Canada Finance

The Tata Group took the carrier over from the Indian government in 2022, but the latest disaster deals a heavy blow to its reputation

Barbie maker Mattel partners with OpenAI to launch an AI product

Globe and Mail Business Canada Finance

The company, which also makes Hot Wheels and Uno cards, plans to ‘bring the magic of AI’ to toys

Carney hires Hydro‑Québec CEO Michael Sabia to head federal bureaucracy

Globe and Mail Business Canada Finance

The PM now has a PCO clerk with government and business experience who can push through his agenda

Hudson’s Bay employees’ disability benefits extended as negotiations on a ‘hardship fund’ continue

Globe and Mail Business Canada Finance

Law firm appointed by the court as representative counsel for the HBC employees announced the extension on Tuesday

How undervaluation of Vancouver real estate could cost millions in property taxes

Globe and Mail Business Canada Finance

Observers of Metro Vancouver’s real estate scene say assessments are often far below the true value for tax purposes

Newfoundland hydrogen companies owe millions in land fees as industry hype dissipates

Globe and Mail Business Canada Finance

Some of the province’s green energy companies owe a collective total of $13.7-million for the use of Crown land

Gold reaches one-week high on Middle East tensions, bets of Fed rate cut

Globe and Mail Business Canada Finance

Spot gold gained 0.9 per cent at US$3,383.79 an ounce, its highest level since June 5

Canadians’ household debt burden rises slightly in the first quarter

Globe and Mail Business Canada Finance

Statistics Canada reports the ratio of household credit market debt to disposable income rose to 173.9 per cent

U.S. ambassador to Canada pushes back on travel warning about device searches at the border

Globe and Mail Business Canada Finance

Ambassador to Canada Pete Hoekstra counters Ottawa’s travel advisory, says some Americans also face problems

Succession in the soil: How this family farm evolved from livestock and vegetables to a floral empire

Globe and Mail Business Canada Finance

With beginnings in livestock and vegetable farming, De Goey’s Nursery and Flowers is now one of Ontario’s largest nursery operations

$30-billion in investment needed by 2040 to meet Canada’s critical mineral demand, report finds

Globe and Mail Business Canada Finance

The report, released Thursday, said cutting environmental safeguards and Indigenous consultation will likely backfire

Why you should try banking with Wealthsimple

Globe and Mail Business Canada Finance

The onetime upstart offers nearly everything, rewarding clients who go all in

Wealthsimple CEO says banks are a tax on Canadians

Globe and Mail Business Canada Finance

At a company event called ‘The End of Banking,’ Michael Katchen said the Canadian banking system puts consumers at a disadvantage

MEG Energy’s Christina Lake project in Alberta returns to full operations after wildfires

Globe and Mail Business Canada Finance

The company said in late May it had evacuated its workers after wildfires triggered a power outage

‘The first killer app of the generative AI era’ is not about writing or producing content

Globe and Mail Business Canada Finance

Smart search, not writing, is the biggest AI benefit at work, write Georgetown University professor Cal Newport

Disney, Universal sue AI image-generator Midjourney for copyright infringement

Globe and Mail Business Canada Finance

It marks the first time that major Hollywood companies have entered the legal battle over generative AI

Wealthsimple plans paperless cheques and Uber-like delivery of cash to customers’ doors

Globe and Mail Business Canada Finance

It’s part of the company’s push to become a serious digital challenger to Canada’s big banks, which it still relies on to hold customers’ deposits

Carney was right to not retaliate against Trump’s latest tariffs

Globe and Mail Business Canada Finance

Retaliation is an ineffective strategy that hurts Canadians and only serves to further alienate the President

Meet the doughnut disruptor of Almonte, Ontario

Globe and Mail Business Canada Finance

Ed Atwell reimagined the fryer—and may have cracked the code on making doughnuts that are lighter and tastier

Ottawa will focus more on economic benefits of AI, less on regulation, says new minister

Globe and Mail Business Canada Finance

Evan Solomon, Canada’s first-ever artificial intelligence minister, says his regulatory focus will be on data protection and privacy

Quebec-based Davie Shipbuilding announces plans to buy Texas shipyards

Globe and Mail Business Canada Finance

Davie says it expects the acquisition to be finalized by the end of this summer – despite cross-border trade tensions

Oil prices tick up on worries of escalating U.S.-Iran tension

Globe and Mail Business Canada Finance

Brent crude futures rose 15 cents, 0.2%, to $69.92 a barrel at 12.30 am GMT, while U.S. West Texas Intermediate crude 22 cents, 0.3%, to $68.37

Trump says U.S.-China trade deal for rare earth minerals is ‘done’

Globe and Mail Business Canada Finance

Tariffs on Chinese goods will rise to 55 per cent, the President said in a social-media post

Alberta working with oil companies on proposal for pipeline to B.C.

Globe and Mail Business Canada Finance

Premier Danielle Smith says she expects Ottawa to consider project in ‘good faith’

Dollarama beats estimates with first-quarter profit, sales growth

Globe and Mail Business Canada Finance

Sales grew by 8.2% to $1.52-billion as shoppers continue to visit discount stores to cut back costs

Sun Valley Investments AG Announces Launch of Offer to Purchase of Shares of Mineros S.A.

Financial Post Canada Finance

TORONTO — Sun Valley Investments AG (“Sun Valley”) today announces the commencement of a public offer to purchase common shares (“Common Shares”) of Mineros S.A. (“Mineros” or the “Company”, TSX: MSA,...

Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of June, 2025

Financial Post Canada Finance

Not for distribution to U.S. News Wire Services or dissemination in the United States. TORONTO — Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that...

TMC Announces Strategic Investment from Korea Zinc — a World-Leader in Non-Ferrous Metal Refining and pCAM Technology — to Advance Development of Deep-Seabed Critical Minerals in the U.S.

Financial Post Canada Finance

Korea Zinc Co., Ltd., (Korea Zinc) will make a strategic equity investment in TMC of $85.2 million in exchange for 19.6 million common shares at the last market closing price of $4.34 per share Invest...

KP Tissue Announces Its Annual Meeting of Shareholders

Financial Post Canada Finance

MISSISSAUGA, Ontario, June 16, 2025 (GLOBE NEWSWIRE) — KP Tissue Inc. (KPT) (TSX: KPT) will hold its Annual Meeting of Shareholders (the Meeting) on June 23, 2025 at 2:00 p.m. (Eastern Time). The Meet...

Teva and Fosun Pharma Enter into a Strategic Partnership to Develop Novel Anti-PD1-IL2 Therapy (TEV-56278) in Immuno-Oncology

Financial Post Canada Finance

Teva-engineered TEV-56278 is an anti-PD1-IL2 ATTENUKINE™ therapy in Phase 1 for the treatment of various forms of cancer, including melanoma Fosun Pharma-Teva collaboration agreement established with ...

How the humble water gun became the symbol of Barcelona’s anti-tourism movement

Financial Post Canada Finance

BARCELONA, Spain (AP) — A group of tourists were sitting at an outdoor table in the Spanish city of Barcelona, trying to enjoy their drinks, when a woman raised a cheap plastic water gun and shot an a...

Senate to Unveil Trump Tax Bill Draft With SALT Fight Unresolved

Financial Post Canada Finance

Senate Republicans plan to unveil key details of their version of President Donald Trump’s giant economic policy bill as soon as Monday, with the party pushing to enact the $3 trillion tax package by ...

OPEC Says Output Hike Tempered by Compensation From Quota Cheats

Financial Post Canada Finance

Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s leadership pushed members to atone for earlier over-production.

China Parts Suppliers Are Wary of Carmakers’ Bill Payment Pledge

Financial Post Canada Finance

Chinese carmakers’ pledge to make timely bill payments — an effort to appease officials’ growing scrutiny of a long-running price war — has left many suppliers skeptical about how readily they’ll foll...

Subway® Canada’s week-long Never Miss Lunch campaign asks Canadians to turn Cookies into Care

Financial Post Canada Finance

Starting today to June 22, Canadians can support Never Miss Lunch by purchasing a Subway cookie benefiting Food Banks Canada.* TORONTO — Subway Canada’s annual Never Miss Lunch charitable campaign sta...

WestJet dealing with 'cybersecurity incident' impacting access to website, app

CBC Business Canada Finance

WestJet is alerting its employees and the public about a "cybersecurity incident" involving the Calgary-based airline's internal systems and app.

How Canada emerged as the safest port in a storm of global trade

CBC Business Canada Finance

Canadians are rightly angry and scared about what the U.S. tariffs and threats will mean for the economy. When the trade war first began, the outlook was dire. But since then, Canada has swung from th...

Manufacturing sales fall 2.8 per cent in April, biggest monthly drop since 2023

CBC Business Canada Finance

Statistics Canada says manufacturing sales fell 2.8 per cent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry.

Oil prices surge after Israel's strike on Iran

CBC Business Canada Finance

Oil surged, stocks fell and investors sought safety in the U.S. dollar and government bonds Friday after Israel struck Iranian nuclear and military targets in an attack that raised the risk of war bet...

Nintendo's Switch 2 sets early sales records. Its future is less certain

CBC Business Canada Finance

Like a supercharged go-kart, Nintendo's newest gaming console flew out of the gates. But how will it fare in the Grand Prix ahead?

Are AI bots the future of job interviews?

CBC Business Canada Finance

Have you done an interview with an AI bot? While the technology is still in its early stages, some say it frees up humans from tedious tasks while others say there are concerns about HR job losses. CB...

Federal government to put latest Canada Post offer up for union vote

CBC Business Canada Finance

Federal Jobs Minister Patty Hajdu said Thursday she's putting Canada Post's latest offers to unionized postal workers up for a vote in the hope of breaking a long-standing impasse between the parties.

Wealthsimple launches credit card, new line of credit to challenge big banks

CBC Business Canada Finance

Wealthsimple Inc. announced its first credit card and a line of credit Wednesday as it ramps up efforts to challenge the dominance of Canada's big banks.

Gen Z is facing the worst youth unemployment rate in decades. Here is how it's different

CBC Business Canada Finance

Canada's youngest workers are being hit by a perfect storm of economic conditions: an inflation crisis, a surge in population, and a country teetering closer to recession as the U.S. trade war wreaks ...

OPEC boss slams net-zero targets, promotes big future for oil in Calgary speech

CBC Business Canada Finance

The secretary-general of the Organization of Petroleum Exporting Countries says the world's thirst for oil will continue for decades to come and investment in the sector is necessary to meet those nee...

Fewer Americans are visiting Canada. Ad campaigns assure them they're welcome here

CBC Business Canada Finance

With fewer people from the U.S. visiting Canada, some tourism associations worry many Americans fear a chilly reception here in the wake of political tensions between the two countries. So they've lau...

Renewable cleanup rules making Alberta less competitive for investment: report

CBC Business Canada Finance

A report says new cleanup rules for renewable energy sites are hurting the competitiveness of Alberta's industry.

Competition Bureau sues food delivery company DoorDash, alleging misleading price promotions

CBC Business Canada Finance

The Competition Bureau says it is suing the online food delivery company DoorDash and its Canadian subsidiary for allegedly misleading consumers by advertising its services at a lower price than what ...

DHL Express workers on strike after company locks them out, adding to parcel sector turmoil

CBC Business Canada Finance

Unifor says DHL Express Canada locked out workers just after midnight Sunday as the two sides failed to reach a contract deal, injecting more labour turmoil into the country's parcel delivery market.

Customs brokers are cross-border trade gurus. With tariff whiplash, they're facing 'toxic uncertainty'

CBC Business Canada Finance

Customs brokers help businesses understand how much duty might apply to their imports and exports, then file that information with the government. With the ever-changing tariff landscape, brokers like...

Indigenous business leaders support push to build major projects — but want 'terms that work for us'

CBC Business Canada Finance

Indigenous business leaders gathered outside Calgary for an energy industry conference say they're not opposed to building major projects quickly, but warn lack of consultation with First Nations will...

New AI tools promise real-time translation so you don't have to. But is that a good thing?

CBC Business Canada Finance

Some of the world’s biggest tech companies have live translation devices either in the works or already on the market. But tech watchers say these developments raise larger questions about how AI tool...

That's bananas! Why it might be harder or pricier to find some brands in grocery stores

CBC Business Canada Finance

A labour dispute could potentially mean we see fewer bananas and higher prices at the grocery store. And in another hit to your breakfast, a popular coffee brand has been yanked from shelves at Loblaw...

Canada's unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic

CBC Business Canada Finance

Canada's unemployment rate rose to seven per cent in May, the highest it's been in nine years outside of the pandemic, Statistics Canada said on Friday.

April's $7.1B merchandise trade deficit was the largest on record

CBC Business Canada Finance

Canada posted its largest merchandise trade deficit on record in April — at $7.1 billion — as exports fell sharply in the face of U.S. tariffs.