Roots shares plunge in trading debut on TSX amid challenging retail environment
Shares of retailer Roots Corp. had a less-than-stellar initial public offering, plummeting more than 16 per cent on the stock’s first day of trading. The
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The Canadian Press
Chinese company inks deal to buy Aecon Group
Aecon Group Inc. (TSX:ARE) has signed a deal to be acquired by CCCC International Holding Ltd. in a deal that values the construction company $1.5
Update: Bank of Canada holds interest rate, suggests future hikes will come at a more cautious pace
The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested future increases are still likely, albeit at a
Census: Home ownership rates take historic dip as more Canadians opt to rent
Not everyone wants to own a home these days, Evan Siddall concedes – not even his own millennial-age son. For the head of the Canada
Liberals use a third of their economic windfall for new tax measures, spending
The Trudeau government is dedicating about a third of the windfall it’s expecting from Canada’s surprisingly strong economy towards investments, tax relief and new spending
Retail jobs put at risk by self service technology, experts say
Retailers are racing to adopt new technologies, like the self-scanner Walmart has rolled out in 22 Canadian stores, to stay competitive in a challenging industry.
Travel startup for DIY bookers shuts down in Ontario over regulatory concerns
A new website that lets travellers bypass travel agents and pocket commissions has ceased operations in Ontario after the province’s travel regulator claimed the site
Five Canadian business stories to watch this week
Rate hike decision: A cooling economy is dampening expectations that the Bank of Canada will hike the overnight rate on Wednesday. Both September inflation and
Shoppers find deals at Sears Canada liquidation sales underwhelming
Sears Canada began its liquidation sales at its remaining stores across the country Thursday, but many shoppers found the deals to be underwhelming. While signs
Brands face risk of by backlash by tweeting about Gord Downie
Fans of rock star, poet and Canadian troubadour Gord Downie began flooding social media with heartfelt tributes as soon as word emerged that the singer
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