Canada’s annual inflation rate rose 2.4 per cent in September, as gas and travel tour prices fell at a slower pace and grocery prices rose, Statistics Canada said Tuesday.
Beer maker Molson Coors Beverage Company said on Monday it would cut about 400 jobs, or nine per cent of its salaried workforce in the Americas by year end as part of a corporate restructuring plan.
Canadian firms feel conditions are slightly better than earlier in the year but they are unlikely to boost investments or hiring given the dampening effect of U.S. tariffs, a Bank of Canada survey showed on Monday.
Amazon’s cloud services unit AWS was recovering on Monday from a widespread outage that knocked out thousands of websites along with some of the world’s most popular apps — Snapchat and Reddit — and disrupted businesses globally.
There’s growing interest in the Canadian oilpatch coming from south of the border. Experts say the trend is driven in part by a shift in political rhetoric in this country, along with better economics for the Canadian oilpatch compared with the U.S.
Several Canadian snowbirds reported they were fingerprinted and photographed at the U.S. border this month when registering for their winter stay, which U.S. Customs and Border Protection (CBP) told CBC News is standard procedure.
Canada is poised to join the data centre boom. But as such projects face greater scrutiny around the world, there is little debate here about what this will mean for the country’s water.
Some Canadian jewelry brands are raising their prices as a surge in demand for gold — incited by investors’ fears of a shaky economic outlook — pushes the market for this precious metal to record highs.
U.S. President Donald Trump signed an executive order today slapping a 25 per cent tariff on imported medium- and heavy-duty trucks beginning Nov. 1, with a carveout for vehicles traded under the Canada-U.S.-Mexico Agreement.
The U.S. has succeeded in blocking a global fee on shipping emissions as an international maritime meeting adjourned Friday without adopting regulations.