Real estate receiverships on the rise as projects stall
From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.
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The Canadian Press
Economic bounceback at the end of 2023 could push back rate cuts, economists say
Canada’s economy appears to have ended 2023 on a stronger note than expected, which economists say could push back the timeline for interest rate cuts
Ontario privacy commissioner feels urgency to address ‘Wild West’ risks of AI
Ontario’s information and privacy commissioner says she feels “a sense of urgency” to act on AI as her list of concerns with the technology mounts.
Bad Boy Furniture Warehouse fails to file proposal, is deemed bankrupt
Toronto-area furniture retailer Bad Boy Furniture Warehouse Ltd. is officially bankrupt.
Bank of Canada holds key interest rate at 5%, signals shift toward rate cut talks
The Bank of Canada held its key interest rate at five per cent today and signalled it has begun discussing when it should start cutting
Firehouse Subs offers cash to first responders, vets to open restaurant locations
Firehouse Subs will offer $100,000 to current or former first responders or veterans who agree to open a restaurant.
Pret A Manger latest to join competitive quick-serve food industry in Canada
U.K. café chain Pret A Manger debuted its first stand-alone restaurant in Canada on Tuesday.
All eyes on the BoC this week for any hints on when it plans to cut interest rates
As the Bank of Canada gears up to announce its next interest rate decision Wednesday, economists will be on the lookout for any clues on
Best Buy and Bell partner up to rebrand, revamp The Source stores across Canada
Best Buy Canada and Bell Canada have announced a partnership to rebrand and revamp 165 The Source stores.
Tech industry expecting more layoffs, but companies say hiring coming too this year
Tech’s biggest names spent last year in layoff mode and if the last few weeks are any indication, that pattern is continuing into this year.
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