Sears Canada says there is ‘significant doubt’ about its future, ponders sale
Sears Canada, known for its catalogues that were a household staple for generations, says there is “significant doubt” about its future and it could sell
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Central bank points to stronger economy; market sees rate hike drawing closer
The Bank of Canada is encouraged by a broadening of economic strength, which includes gains across 70 per cent of industries, a top official said
Central bank warns of cyberattack vulnerabilities in financial sector
Canada’s interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in the financial system, the Bank of Canada warns.
Marijuana industry, TSX, looking for rules on U.S. investments
Marijuana industry insiders say they have met with the operators of Canada’s largest stock exchange to devise a policy on investing in the U.S., where
Superhero cells: The next generation of cancer treatment
Medical professionals sometimes refer to the “pillars” of cancer treatment. Until recently there have been four pillars: surgery, radiotherapy, traditional chemotherapy, and precision therapy. For
Five Canadian business stories to watch this week
Welcome, Texas: The mayors of Dallas and Fort Worth, Texas, will be in Toronto and Montreal throughout the week to promote trade, tourism and other
Hudson’s Bay eliminating 2,000 positions to offset tough retail environment
Hudson’s Bay Co. (TSX:HBC) said Thursday it is cutting 2,000 jobs across North America to help it compete in an increasingly tough retail environment made
BMO chief executive downplays housing risk, says market ‘essentially heals itself’
The Bank of Montreal’s CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market “essentially
Rising debt, sizzling housing markets leave Canada more vulnerable: central bank
Canada’s financial system is becoming increasingly exposed to economic shocks as household debt levels continue to climb and major housing markets remain red hot, the
Liberal government promises extra $62B for military over next 20 years
The Trudeau government committed Wednesday to spend $62 billion more over the next two decades for a major expansion of the Canadian Armed Forces, aimed
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