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Business News

Inflation hovers over shoppers seeking deals on Black Friday

Inflation hovers over shoppers seeking deals on Black Friday

New York Nov 25, 2022 / 12:13 pm

Shoppers hunted for the best deals at stores and online as retailers offered new Black Friday discounts to entice consumers eager to start buying holiday gifts...

Alberta's famous 'wage premium' rapidly eroding, experts say

Alberta's famous 'wage premium' rapidly eroding, experts say

Nov 25, 2022 / 10:00 am

Experts say Alberta businesses are poised to face a reckoning on wages next year because the province has not kept up with the rest of the country when it comes...

Adidas investigates after ex-workers allege Kanye West misconduct

Adidas investigates after ex-workers allege Kanye West misconduct

Nov 25, 2022 / 9:51 am

Adidas says it is investigating allegations of inappropriate workplace conduct by the rapper formerly known as Kanye West that ex-employees made in an anonymous...

B.C.’s post-secondary student enrolment numbers stable

B.C.’s post-secondary student enrolment numbers stable

BC Nov 25, 2022 / 9:04 am

The number of students at B.C.’s largest post-secondary schools has remained relatively stable, despite a decline in international student enrolment,...

Musk plans to relaunch Twitter premium service, again

Musk plans to relaunch Twitter premium service, again

Nov 25, 2022 / 7:35 am

Elon Musk said Friday that Twitter plans to relaunch its premium service that will offer different coloured check marks to accounts next week, in a fresh move...

Black Friday off to quiet start as deals spread over weeks, offers matched online

Black Friday off to quiet start as deals spread over weeks, offers matched online

Nov 25, 2022 / 6:24 am

Black Friday is off to a quiet start at some stores in Canada, with fewer pre-dawn lineups that once epitomized the spending event. Retailers have increasingly...

'We’re going to be packed': World Cup brings traffic boost to restaurants and bars

'We’re going to be packed': World Cup brings traffic boost to restaurants and bars

Nov 25, 2022 / 6:20 am

The FIFA World Cup is bringing a welcome surge in traffic to restaurants and bars. Rocco Mastrangelo Jr., a co-owner of Cafe Diplomatico in the heart of...

Canada-Belgium World Cup game attracts much Proline interest

Canada-Belgium World Cup game attracts much Proline interest

Toronto Nov 24, 2022 / 1:49 pm

TORONTO — The Canada-Belgium World Cup soccer game garnered plenty of attention on the Ontario Lottery and Gaming Corp.'s Proline betting service. The OLG...

Musk says granting 'amnesty' to suspended Twitter accounts

Musk says granting 'amnesty' to suspended Twitter accounts

San Francisco Nov 24, 2022 / 1:02 pm

New Twitter owner Elon Musk said Thursday that he is granting "amnesty” for suspended accounts, which online safety experts predict will spur a rise...

Government and air sector meet to discuss summer mistakes ahead of winter travel

Government and air sector meet to discuss summer mistakes ahead of winter travel

Ottawa Nov 24, 2022 / 12:00 pm

Canada's Transport Minister Omar Alghabra met with members of the air transport sector to discuss measures to modernize and digitize the industry and to...

Jordan Bitove will take full ownership of Torstar, reports say

Jordan Bitove will take full ownership of Torstar, reports say

Toronto Nov 24, 2022 / 11:16 am

Toronto Star publisher Jordan Bitove will take sole control of the newspaper's parent company as part of an arbitration deal with co-owner Paul Rivett,...

B.C. Ferries seeking shipyards to build up to four Island-class ferries

B.C. Ferries seeking shipyards to build up to four Island-class ferries

BC Nov 24, 2022 / 10:00 am

B.C. Ferries is preparing to order up to four new Island-class ferries to help alleviate pressure on busy inter-island routes. On Wednesday, the company issued...

Effect of rate hikes on economy will be more powerful than people think: Poloz

Effect of rate hikes on economy will be more powerful than people think: Poloz

Nov 24, 2022 / 9:07 am

The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, former Bank of Canada...

Statistics Canada says job vacancies rose 3.8 per cent in September

Statistics Canada says job vacancies rose 3.8 per cent in September

Nov 24, 2022 / 7:02 am

Statistics Canada says the number of job vacancies was up 3.8 per cent in September at 994,800. The agency says the month-over-month increase was largely...

Retailers look for Black Friday comeback as inflation has shoppers hunting for deals

Retailers look for Black Friday comeback as inflation has shoppers hunting for deals

Nov 24, 2022 / 6:46 am

Annie Titheridge's plan is to arrive at the mall before it opens, buy gifts for everyone on her list and beat the afternoon rush-hour traffic home. "My...

Alberta's tactic of doling out cash fuels inflation rather than easing it: economists

Alberta's tactic of doling out cash fuels inflation rather than easing it: economists

Nov 24, 2022 / 6:25 am

Provinces peppering the public with cash to deal with soaring prices compounds inflation rather than easing it, economists say. They say the tactic used by...

$740M in crypto assets recovered in FTX bankruptcy so far

$740M in crypto assets recovered in FTX bankruptcy so far

Nov 24, 2022 / 6:22 am

The company tasked with locking down the assets of the failed cryptocurrency exchange FTX said they've managed to recover and secure $740 million in assets...

Shaw CEO tells Competition Tribunal that company needs merger with Rogers

Shaw CEO tells Competition Tribunal that company needs merger with Rogers

Ottawa Nov 23, 2022 / 1:31 pm

Shaw Communications Inc. says it doesn't have the scale and size to give customers the services and products they want, which is why it made the decision to...

Oil and gas drilling sector expects activity to pick up in 2023

Oil and gas drilling sector expects activity to pick up in 2023

Calgary Nov 23, 2022 / 12:38 pm

The organization representing Canada's oil and gas drilling sector says it expects more activity in 2023, even as it continues to push the federal...

Fed at last meeting saw few signs that inflation was easing

Fed at last meeting saw few signs that inflation was easing

Washington Nov 23, 2022 / 11:09 am

Federal Reserve officials at their last meeting saw “very few signs that inflation pressures were abating” before raising their benchmark interest...

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