Loblaw spending more than $2B to build more than 40 new stores, renovate hundreds
Loblaw Cos. Ltd. announced Tuesday the record investment plan, which includes the expansion and relocation of 10 stores and renovations at 700 locations across its
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‘Very pleasant surprise’: Canada’s inflation rate tumbles to 2.9 per cent in January
Canada’s annual inflation rate fell to 2.9 per cent last month, marking a sharper deceleration in price growth than expected by forecasters.
‘No longer viable’: Ontario electronics retailer Factory Direct to liquidate stores
Court documents show Factory Direct wanted to close its 14 stores in the province because it has found the business is “no longer viable.”
January home sales rise as markets tighten but prices still softening: CREA
The Canadian Real Estate Association says January home sales jumped 22 per cent compared with a year ago, the largest year-over-year gain since May 2021.
Holiday shopping, Black Friday hands Shopify US$657M Q4 profit and 24% revenue growth
A flurry of holiday sales saw Shopify Inc. end 2023 with strong revenue growth and profits even as consumers continued to grapple with inflation. The Ottawa-based
CPA Canada cuts 20% of workforce ahead of split with Ontario and Quebec
CPA Canada is cutting 20 per cent of its workforce ahead of a move by provincial oversight bodies in Ontario and Quebec to split from
Cannabis company Canopy Growth reports $216.8M Q3 net loss
Canopy Growth Corp. reported a net loss of $216.8 million in its latest quarter compared with a loss of $264.4 million a year earlier.
BCE cuts 9% of workforce, accuses CRTC of ‘predetermined’ regulatory process
The parent company of Bell Canada is slashing nine per cent of its workforce as it remains at odds with CRTC over what it calls
Bell is cutting nine per cent of its workforce, including layoffs at its media division, where it is selling off 45 of its 103 regional
Rate cut timing ‘difficult to foresee’ amid inflation pressures: BoC deliberations
The Bank of Canada isn’t sure when it will be able to start cutting interest rates as it continues to contend with inflation that’s still
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