Postmedia CEO Paul Godfrey warns of more cost cutting as revenue continues slide
After recent rounds of mass layoffs, Postmedia is warning that it still needs to cut costs after revenue plummeted by 13.5 per cent in its
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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.
Hudson’s Bay still eyeing acquisitions but focusing on cutting costs
Hudson’s Bay Co. says it’s focused on cutting costs as it faces a challenging retail environment in Canada and abroad, but that doesn’t mean it
Rogers relishing glut of Canadian NHL teams headed to playoffs
What a difference a year makes. Last April, Scott Moore, president of Rogers’ (TSX:RCI.B) Sportsnet and NHL properties, was trying to put a positive spin
Canada’s biggest banks on the defensive over sales practice allegations
Allegations of aggressive, and in some cases illegal, sales practices at several of Canada’s biggest banks have put top executives on the defensive at annual
New Brunswick, P.E.I. in friendly spat over where Confederation began
Two of Canada’s friendliest provinces are in a polite tug of war over which can claim bragging rights as the catalyst of Confederation. Two Prince
Economy hits pothole as Canada posts surprise trade deficit for February
Canada’s economy hit a pothole in February, as an unexpected trade deficit broke up a series of recent positive surprises. The country ran a $972-million
Ontario’s first cap and trade auction sells out current allowances
Ontario’s first cap-and-trade auction sold out all current allowances, giving the new market a strong start, but the province’s environment minister warned the real test
Op-ed: Fair trade, not free trade, is what this country needs
America’s new president, Donald Trump, was elected partly – if not primarily – because he is a protectionist. And what, I ask, is wrong with
Bombardier execs to defer part of 2016 compensation amid controversy
Bombardier further retreated Sunday on a hefty pay increase to six senior executives, announcing they would defer receiving payment on a sizeable chunk until a
Five Canadian business stories to watch this week
Positive economics: The week will kick off Monday with the release of the Bank of Canada’s business outlook survey, and it wraps up Friday with
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