Business

Weston family wants to buy Hudson's Bay charter, donate it to museum

The royal charter that formed Hudson's Bay about 355 years ago could soon be getting a new home. The Canadian Museum of History announced Wednesday that the Weston family, of Loblaw Cos. Ltd. fame,...

4h ago

Prime Minister Carney says Canada will recognize Palestine as a state this fall

Prime Minister Mark Carney announced Wednesday that Canada intends to recognize a Palestinian state at the United Nations in September, as long as the Palestinian Authority holds elections next year. "Preserving...

12m ago

Bank of Canada holds key rate at 2.75% as economy shows resilience to tariffs

Signs of resilience in the Canadian economy were enough for the Bank of Canada to leave its benchmark interest rate unchanged Wednesday, but the spectre of U.S. trade uncertainty continues to cast a shadow...

9h ago

Canadian Tire lays off part of its workforce, company says

Canadian Tire has laid off an unknown percentage of its corporate workforce, the company has confirmed. In a statement to CityNews, the company said it has eliminated some corporate roles and expanded...
Provincial deficits to narrow in coming years despite trade war: report

Under pressure from the U.S. trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this year — but a Conference Board of Canada report predicts those deficits will...
'Pierre's riding to lose': Candidates in Alberta byelection get together for debate

Pierre Poilievre was greeted with cheers and applause by the hundreds of Albertans who showed up to watch a two-and-a-half-hour political debate on a sunny Tuesday evening in July. The Camrose and District...

9h ago

Advocates question fairness as federal government backs away from pharmacare program

OTTAWA — Health advocates say they're shocked to hear the federal government may not sign more pharmacare funding deals, which would leave coverage uneven across the country. The first phase of the Pharmacare...
Air Canada flight attendants start voting on strike mandate

Air Canada flight attendants start voting Monday on whether to give a strike mandate to their union. The vote, running through to Aug. 5, comes after the Air Canada component of the Canadian Union of...
Carney says trade talks in 'intense phase' after Trump scores win with European Union

Prime Minister Mark Carney said Monday that Canada's negotiations with the United States are in an "intense phase" after President Donald Trump announced a trade agreement with the European Union. "There...
Auto theft sees sharp drop in first half of 2025, industry association says

The pace of auto theft is dropping in Canada thanks to collective efforts to crack down on thieves, says an industry group focused on insurance fraud and crime. Équité Association said in a report released...