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Hudson’s Bay to sell name, stripes, brands to Canadian Tire for $30 million

Hudson’s Bay to sell name, stripes, brands to Canadian Tire for $30 million

TORONTO — Hudson's Bay is getting a second life with a new owner — Canadian Tire Corp. Ltd. Canadian Tire said Thursday that it will pay $30 million for intellectual property belonging to the retailer, which is Canada's oldest company.
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U.S. tariffs cast pall over Ontario budget with $14.6B deficit, slower growth

U.S. tariffs cast pall over Ontario budget with $14.6B deficit, slower growth

TORONTO — U.S. President Donald Trump's tariffs cast a pall over Ontario's budget Thursday, dragging down GDP growth and knocking the province off its path to balance, with a $14.6-billion deficit projected this year.
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Highlights of Ontario's 2025 budget: U.S. tariff measures, boost for alcohol market

Highlights of Ontario's 2025 budget: U.S. tariff measures, boost for alcohol market

TORONTO — The Ontario government tabled a budget Thursday that focused on investments it says will protect Ontario workers in the face of U.S. President Donald Trump's tariffs. The province is projecting a deficit of $14.
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Ontario to spend hundreds of millions to boost alcohol sector

Ontario to spend hundreds of millions to boost alcohol sector

TORONTO — Ontario plans to spend hundreds of millions of dollars boosting the province's alcohol sector, including programs to support grape farmers, wineries, distilleries and craft breweries.
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Future of Sport Lab names 10 new startups to accelerator program

Future of Sport Lab names 10 new startups to accelerator program

TORONTO — Artificial intelligence is here to stay, at least in the world of sport tech, according to one industry expert. The Future of Sports Lab announced the selection of 10 innovative startups for its incubator program on Thursday.
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S&P/TSX composite up more than 200 points as expectations rise for Fed rate cut

S&P/TSX composite up more than 200 points as expectations rise for Fed rate cut

Economic numbers out of the United States helped boost Canada’s main stock index more than 200 points on Thursday, as most U.S.
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B.C. appoints council to improve forest sector, and the forestry ecosystem

B.C. appoints council to improve forest sector, and the forestry ecosystem

VICTORIA — A council made of forestry professionals, educators, union and former industry officials has been brought together to find a balance between healthy forests and a prosperous industry. The B.C.
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No action against Nova Scotia rent loophole out of fears for housing supply: minister

No action against Nova Scotia rent loophole out of fears for housing supply: minister

HALIFAX — The minister responsible for Nova Scotia’s rental property rules says her department won’t crack down on instances of abuse involving fixed-term rent leases because it doesn’t want to affect the housing supply.
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Wall Street drifts back within 4% of its record after the S&P 500 notches a 4th straight gain

Wall Street drifts back within 4% of its record after the S&P 500 notches a 4th straight gain

NEW YORK (AP) — Most U.S. stocks drifted higher following a mixed set of reports on the U.S. economy. The S&P 500 rose 0.4% Thursday, enough to extend its winning streak to a fourth day and to pull within 3.7% of its record.
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Nine new restaurants nab Michelin stars as guide expands into Quebec

Nine new restaurants nab Michelin stars as guide expands into Quebec

Nine restaurants received prestigious Michelin stars in the tastemaker's first foray into Quebec, cementing the province's reputation as a hot spot for culinary creativity.
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