Ottawa summons major grocery CEOs to talk lowering food prices — or else
.The companies are being tasked with coming up with a plan to stabilize prices by Thanksgiving, Prime Minister Justin Trudeau said, warning the government is prepared to act.
Laurentian Bank completes strategic review without deal to sell
A strategic review is often seen by investors as a prelude to a sale by a company. However, Laurentian said it will work on simplifying its organizational structure.
Sobeys parent Empire reports higher Q1 profit ‘despite ongoing volatility’
Sobeys parent Empire says it earned $261.0M in its latest quarter, up from $187.5Min the same quarter last year, boosted by the sale of its gas stations in Western Canada…
Indigo’s future at stake amid executive exits, economic fears: analysts
Indigo is still recovering from a ransomware attack and has just lost a slew of top-ranking executives. Here's what experts say about the retailer's prospects ahead of the fall.
Canadians are borrowing less and getting paid more amid higher interest rates
Growth in disposable income is helping to offset the impact of higher interest rates on household budgets, Statistics Canada says, but economists warn that could change.
Alphonso Davies named most influential Canadian sport star in new study
Edmonton soccer darling Alphonso Davies has been crowned the most influential Canadian sport star, and a marketing expert says that's good news for the city too.
Apple forgoes price hikes on new iPhone 15 amid slumping global smartphone sales
This year's September Apple Event is debuting new versions of the Apple Watch and iPhone, with new gesture controls for single-handed use of the watch.
Homeless in Halifax: Man living in tent asks for health-care help
The population of unhoused individuals across HRM has seen a rapid increase over the past five years, with tents popping up around the city.
Bank of Canada ‘remains independent’ amid political comments: Macklem
Governor Tiff Macklem defended the Bank of Canada's operational independence on Thursday as the central bank's interest rate decisions face political commentary.
Higher interest rates are ‘painful’ but ‘worth it’: Bank of Canada’s Macklem
Tiff Macklem says the Bank of Canada’s work to tame inflation with restrictive interest rates is working, but momentum in those efforts might be slowing.