The largest employer in the northern Ontario city of Sault Ste. Marie is getting a half billion dollars in government loans — $400 million from Ottawa and $100 million from Ontario — to maintain its workforce in the face of U.S. tariffs.
Some 2,000 workers are set to be laid off in January when General Motors cuts the third shift at its Oshawa, Ont., plant. Some are considering moving elsewhere, amid high unemployment rates in the city and an auto industry under threat from U.S. tariffs.
Health Canada has issued a recall notice for 104,195 toaster ovens in Canada due to a burn hazard.
In an Edmonton hotel ballroom, representatives from the nuclear industry are buzzing about the potential to power Alberta by splitting atoms. The province has been excited about nuclear before, and while the demand for it is growing globally, there are still big challenges to getting an industry off the ground.
Canada’s monthly gross domestic product rebounded from three months of contraction to grow by 0.2 per cent in July, as mining, manufacturing and wholesale trade boosted growth.
Two experts say more companies will move production to other countries in order to have a stable business relationship rather than dealing with tariff uncertainty.
Canadians got a big surprise this week, when the union representing Canada’s postal workers suddenly called for a nationwide strike after the federal government announced major reforms to Canada Post, instructing the Crown corporation to end home delivery and close some rural mail outlets. Here’s what you need to know.
U.S. President Donald Trump said Thursday that he will put import taxes on pharmaceutical drugs, kitchen cabinets and bathroom vanities, upholstered furniture and heavy trucks, starting next Wednesday.
Canadians hoping to get their hands on treasures from Hudson’s Bay won’t have to wait much longer for the chance. An Ontario court has approved a November sale of 1,700 pieces of art and about 2,700 artifacts belonging to the fallen retailer.
Starbucks is laying off around 900 non-retail employees and closing some U.S. and Canadian stores as it focuses more of its resources on a turnaround.