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Business News
Party City to shut down in U.S., but Canadian stores unaffected
Party City is reportedly closing all of its stores across the U.S. — but the party supplies chain's Canadian stores will continue to operate.
'A little patience': Anxiety creeps into auto sector as Trump threatens blanket tariffs on day one
Posthaste: Bank of Canada end rate still out view as whirlwind year of cuts comes to close
Amazon workers strike at seven U.S. locations, alleging unfair treatment
Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush as workers protest what they say is the retailing giant's unfair treatment of its employees.
Potential Honda-Nissan merger could be the first of many as carmakers try to challenge China
Japanese carmakers Honda and Nissan are reportedly considering a merger — a sign that major global manufacturers are joining forces to compete against their mighty Chinese competitors as the auto world goes electric.
Christmas tree industry desperate for new blood as farmers age
Two million people are expected to leave the country in Canada's immigration reset. What if they don't?
Posthaste: So long Santa rally — how the market's Fed freakout is playing out in Canada
Canada Post union head in Ontario warns of 'race to the bottom' after back-to-work order ends strike
The fight for better jobs at Canada Post continues after a federal back-to-work order ended the roughly one-month strike, but the government has made it more difficult, a local union president says.
Could tariffs fight climate change?
Tariffs are a hot topic these days. But could they help cool the planet? Many countries are discussing carbon tariffs or carbon border adjustments as a way to protect their competitiveness while fighting climate change. Here's a closer look.
U.S. Federal Reserve cuts interest rates by another quarter point
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects to reduce rates next year more slowly than previously thought, with inflation still well above the central bank's two per cent target.
U.S. Supreme Court agrees to hear TikTok bid to halt ban
The U.S. Supreme Court decided on Wednesday to hear a bid by TikTok and its China-based parent company ByteDance to block a law intended to force the sale of the short-video app by Jan. 19 or face a ban on national security grounds.
Liberal Party turmoil sets Canada back at critical time: Danielle Smith
Unpacking the Liberal's $24-billion spending package
Posthaste: Canadians plan to tighten their belts after the holidays
Recent immigrants struggle to take time off during holidays
Why Christmas trees in Europe are so much cheaper than in Canada
In Europe, Christmas tree prices have been falling for the better part of the last decade — in stark contrast to Canada. Why?
Canada tightens immigration point system to curb fraud tied to job selling
Canada added record rental supply in 2024, but most units were too pricey for the average renter
The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year as Canada added its largest share of purpose-built rental supply in over three decades.