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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.
May 15, 2025 6:17 PM
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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.
May 15, 2025 5:09 PM
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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.
May 15, 2025 4:39 PM
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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.
May 15, 2025 3:46 PM
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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.
May 15, 2025 3:19 PM
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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.
May 15, 2025 3:18 PM
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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.
May 15, 2025 3:17 PM
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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.
May 15, 2025 2:28 PM
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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.
May 15, 2025 2:05 PM
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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.
May 15, 2025 1:18 PM
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