Skip to content

National Business

Google notifying Canadian employees affected by global layoff of 12,000 workers

Google notifying Canadian employees affected by global layoff of 12,000 workers

TORONTO — Canadian Google employees affected by recently announced job cuts were being told Monday whether they have been laid off.
Water restrictions lifted on Sunshine Coast as disastrous drought sidestepped

Water restrictions lifted on Sunshine Coast as disastrous drought sidestepped

SECHELT, B.C. — For the first time since last May, the Sunshine Coast Regional District has lifted water conservation regulations affecting a large part of its area north of Vancouver.
Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

The outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession, experts said.
Ontario cannabis shop sales data circulating, provincial pot regulators investigate

Ontario cannabis shop sales data circulating, provincial pot regulators investigate

TORONTO — Ontario cannabis stores are seeing their sales data shared among competitors without approval for at least the second time in a year, sparking concerns for shops competing in an already intense industry.
Hudson's Bay to close two Alberta department stores this summer amid 'market changes'

Hudson's Bay to close two Alberta department stores this summer amid 'market changes'

EDMONTON — Hudson's Bay is shuttering two department stores in Alberta, saying the decision reflects market changes and the company's vision for the future.
First Quantum says copper loading suspended at Cobre Panama port

First Quantum says copper loading suspended at Cobre Panama port

TORONTO — First Quantum Minerals Ltd. says the Panamá Maritime Authority has suspended loading operations of copper concentrate at the port for its Cobre Panama mine.
Gloomy economic outlook, elevated mortgages drag down 2023 B.C. housing market: BCREA

Gloomy economic outlook, elevated mortgages drag down 2023 B.C. housing market: BCREA

VANCOUVER — The British Columbia Real Estate Association says the chill across the province's property sector will drag on through this year, but it calls for a strong rebound in 2024.
Uber relaunches ride share option in some Canadian cities under new name

Uber relaunches ride share option in some Canadian cities under new name

Uber Technologies Inc. says it is bringing its shared rides offering back to Canada with a new name. The ride-hailing giant says Toronto, Montreal and Vancouver will get access to UberX Share later this week.
Sun Life Financial names Joe Natale to board of directors

Sun Life Financial names Joe Natale to board of directors

TORONTO — Sun Life Financial Inc. says it has named former Rogers Communications chief executive Joe Natale to its board of directors. The insurance company says he will join the board as of Tuesday.
BoC's first summary of deliberations coming this week. Here's what to expect

BoC's first summary of deliberations coming this week. Here's what to expect

OTTAWA — The Bank of Canada is set to publish its first summary of deliberations Wednesday, giving Canadians a peak into the governing council's reasoning behind its decision to raise interest rates last month.