Canada & World

Scotiabank, BMO hit ‘high water mark’ as they set aside more cash for bad loans

Results offer first peek at how the last few months have transformed bank budgets, which have been under pressure since the pandemic began and financial institutions started offering mortgage and other loan deferrals.

Five Canadian business stories to watch this week

A preview of some of the national stories that will be making headlines in the days ahead.

Canadian retail sales top pre-pandemic levels

Pullback expected this fall and winter.

After a summer homebuying frenzy, real estate braces for autumn uncertainty

Part of the fuel behind rising prices has been driven by a change in the real estate cycle

Texas startup will make a BlackBerry-branded 5G phone

Developer believes there is support for heightened cybersecurity from businesses, politicians and a growing number of consumers.

Ottawa’s inflation rate slows to 0.9%

Reduced pace of price growth was broad-based, spanning goods and services.

Freeland sworn in as federal finance minister as PM set to seek prorogation

Freeland replaces Bill Morneau, who resigned Monday after weeks of controversy over his and Prime Minister Justin Trudeau's roles in awarding a sole-source contract to run a student-volunteer program to WE Charity.

Finance Minister Bill Morneau resigns, plans to run for head of OECD

Bill Morneau said he had considered leaving his role as finance minister for some time, adding that he never intended to run for a third term as an MP.

Five Canadian business stories to watch this week

A preview of some of the national stories that will be making headlines in the days ahead.

Competition Bureau launches probe of Amazon, seeks input from businesses

Review to look at whether Amazon policies impact sellers' willingness to offer their products at a lower price on other retail channels, such as their own websites or rival online marketplaces.

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