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These companies have laid off Canadian workers in 2024

Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after...

S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

TORONTO — Canada's main stock index was down in late-morning trading, weighed down by losses in the telecommunications and utility sectors, while U.S. stock markets...

Need to improve Canadian productivity has reached emergency level, BoC official says

HALIFAX — A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future...

Lululemon shares sink 17% after retailer notes ‘slowdown’ in U.S. business

VANCOUVER — Lululemon Athletica Inc.'s stock dropped roughly 17 per cent in Friday morning trading and remained down into the afternoon as the market reacted...

February housing starts increased 14% from January: Canada Mortgage and Housing Corp

OTTAWA — The pace of home construction rose in February as builders started on more apartments and condos, but the industry continues to struggle under...

Value of Canadian farmland rises 11.5 per cent in 2023: report

REGINA — The value of Canadian farmland rose 11.5 per cent in 2023, a new report by agriculture lending firm Farm Credit Canada has found. ...

Alcohol excise tax capped at 2 per cent for two more years, Freeland announces

TORONTO — Finance Minister Chrystia Freeland says the federal government will cap the annual alcohol excise tax increase on beer, spirits and wine at two...

Brian Mulroney, 18th prime minister and Progressive Conservative titan, dead at 84

OTTAWA — There was no in-between with Martin Brian Mulroney. Canadians loved him: In 1984, they handed the youthful charmer a blank cheque and the...

Province not effectively managing hazardous spills, says B.C.’s auditor general

VICTORIA — The number of hazardous spills in British Columbia has trended upwards over the last several years, making it even more important for the...

Pembina Pipeline deferring Cedar LNG decision until mid-year

CALGARY — Pembina Pipeline Corp. says it will defer making a final investment decision on its proposed Cedar LNG project until mid-2024. The Calgary-based pipeline...

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