Like a 21st-century space race, the world’s biggest economic powers are staking their claim in a little-known digital currency that could revolutionize — or severely disrupt — the way people, companies and countries exchange money.
Canada will announce today that it is removing many retaliatory tariffs on U.S. goods, a source familiar with the matter said.
Wall Street is rallying on Friday after the head of the Federal Reserve indicated cuts to interest rates may be coming, though he gave no clear clue about when.
Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at $7.9 billion, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited offer for MEG in May that the company urged shareholders to reject.
Many Canadians are complaining they can’t reach anyone at the Canada Revenue Agency by phone to address important tax matters. Several affected taxpayers interviewed by CBC News, and the union representing CRA workers, are pleading with the federal government to fix the problem.
The court-appointed monitor overseeing Hudson’s Bay’s creditor protection case says it’s against landlords being forced to accept a B.C. billionaire’s plan to buy more than two dozen of the retailer’s leases.
Big tech companies are going all-in on AI-enabled glasses. For consumers who’ve grown increasingly comfortable with using AI every day, they offer a convenient new contact point right before your eyes. But it’s unavoidable that some personal data and privacy will be sacrificed. Will everyone want to buy in?
The Canadian Union of Postal Workers says it presented new offers to Canada Post on Wednesday seeking higher wages than the Crown corporation’s latest proposal.
A shareholder advocacy group has filed a greenwashing complaint with Alberta’s securities watchdog alleging Cenovus Inc., one of Canada’s biggest oilsands producers, and Enbridge Inc., the country’s biggest crude pipeline operator, have misled investors in their environmental disclosures.
The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines, furniture and hundreds of other products.