A new report by the International Monetary Fund says the Canadian economy has held up better than expected under the trade shock from U.S. tariffs.
Canada’s economy gained 54,000 jobs in November and the unemployment rate dropped to 6.5 per cent from the previous month’s 6.9 per cent rate, Statistics Canada said on Friday.
Internet infrastructure company Cloudflare on Friday said it was investigating an outage that took place in the morning that brought down several global websites, including LinkedIn and Zoom, the second such crash to affect the company in less than three weeks.
Netflix has agreed to buy Warner Bros. Discovery’s TV and film studios and streaming division for $72 billion US, a deal that would hand control of one of Hollywood’s most prized and oldest assets to the streaming pioneer that has upended the media industry.
Alberta’s premier is floating the idea of making oil and gas companies pay a deposit before they can drill a new well, as the provincial government tries to tackle the large number of old oil and gas wells which require cleanup.
A peek behind the curtain at how big players in the restaurant industry, who own multiple, seemingly independent restaurants, leverage better buying power as a way to survive post-COVID.
Food prices in Canada could increase by four to six per cent next year, largely led by pricier meat products, according to a forecast by researchers at Dalhousie University.
The union that represents Air Transat’s pilots said on Wednesday that its members have voted overwhelmingly to authorize a strike.
The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion US ($1.93 billion Cdn) cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic” aesthetic and Miu Miu’s youth-driven appeal.
Fairstone Bank of Canada has agreed to acquire Laurentian Bank of Canada for $1.9 billion in cash. As part of the deal, Laurentian Bank will sell its retail and small-and-medium-sized business banking portfolios and syndicated loan portfolio to National Bank of Canada.