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Business News

Canadians lose hundreds of millions to fraudsters each year — Can a new bank alliance prevent that?

Financial Post TopStories - Mon, 2024-11-18 08:03
Canadian Bankers Association estimates scams cost $11 billion a year as fraudsters target all age groups
Categories: Business News

Carlo Dade: Alienating Mexico won't help Canada at the negotiating table with Trump

Financial Post TopStories - Mon, 2024-11-18 07:50
Opinion: We shouldn't forget Mexico can be a key ally when it comes to dealing with the Americans
Categories: Business News

Bank runs are still a risk to the financial system, global agency warns

Financial Post TopStories - Mon, 2024-11-18 07:16
Regulators must remain vigilant to prevent repeat of Silicon Valley Bank crisis, Financial Stability Board cautions G20
Categories: Business News

Posthaste: These two cities are at risk of sharp rise in mortgage arrears

Financial Post TopStories - Mon, 2024-11-18 05:07
Toronto could hit highs not seen since 2012, warns CMHC
Categories: Business News

TikTok content creators worry that Canadian office shutdown will lead to app ban

CBC Business News - Sat, 2024-11-16 05:00

After the federal government ordered TikTok to close its Canadian offices, content creators and influencers say they're worried that the shutdown means a full ban of the app is in the pipeline.

Categories: Business News

Claims open in $12.5M class-action settlement over WestJet baggage fees

CBC Business News - Fri, 2024-11-15 16:06

A statement from Evolink Law Group says anyone in the world who paid a fee for their first checked bag on domestic and international flights during certain periods when they shouldn't have been charged has until Feb. 10, 2025, to submit a claim.

Categories: Business News

Loonie watch: Sub-70 cent Canadian dollar inching closer into view

Financial Post TopStories - Fri, 2024-11-15 12:19
Canadian dollar sank below 71 cents U.S. for the first time since mid-2020
Categories: Business News

Automatic deposits, payments delayed at credit unions across Prairies due to network outage

CBC Business News - Fri, 2024-11-15 11:49

A network outage affecting credit unions across the Canadian Prairies on Friday has delayed automatic deposits and payments.

Categories: Business News

With Canada Post strike underway, small business owners scramble to make other arrangements

CBC Business News - Fri, 2024-11-15 09:37

The Canadian Federation of Independent Business says about 80 per cent of small businesses in Canada rely on Canada Post for shipping goods or for invoicing or receiving payments.

Categories: Business News

Canadian home sales rose 30% in October from a year ago

CBC Business News - Fri, 2024-11-15 07:38

The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a year ago, marking a shift from the market's holding pattern that the association has previously described.

Categories: Business News

Posthaste: 84% of Canadians feel owning a home is a 'luxury,' as housing angst continues to rise

Financial Post TopStories - Fri, 2024-11-15 05:00
Almost 90% of renters believe it's out of reach for them, survey finds
Categories: Business News

Canada Post workers go on strike, negotiations still underway

CBC Business News - Thu, 2024-11-14 21:15

The Canadian Union of Postal Workers (CUPW) says approximately 55,000 workers in its urban and rural bargaining units are on strike. Both the union and Canada Post say progress in negotiations has been slow, leaving businesses and consumers to fret as busy shopping and holiday periods loom.

Categories: Business News

Fired AIMCo chair disputes Alberta’s narrative on costs in letter to Horner

Financial Post TopStories - Thu, 2024-11-14 15:47
AIMCo is a low-cost manager compared to similar funds and has 'solidly' exceeded benchmarks over the years, says Kenneth Kroner
Categories: Business News

Ontario signs $100-million deal with Elon Musk’s SpaceX

Financial Post TopStories - Thu, 2024-11-14 12:25
ONSAT program will bring SpaceX’s Starlink satellite internet system to 15,000 premises
Categories: Business News

Canada’s largest lobster fishery set to begin amid threat of Trump tariffs

Financial Post TopStories - Thu, 2024-11-14 08:39
N.S. exported 51,000 tonnes of lobster valued at more than $1 billion last year
Categories: Business News

Groupe Dynamite's 'canny' IPO to kick off more Canadian deals

Financial Post TopStories - Thu, 2024-11-14 08:36
The TSX hasn’t seen a corporate IPO since Lithium Royalty raised $150 million in February 2023
Categories: Business News

Brookfield profit climbs on success of wealth unit

Financial Post TopStories - Thu, 2024-11-14 08:05
Distributable earnings reached US$1.26 billion, or 80 cents a share
Categories: Business News

Ovintiv is buying Montney shale assets in Canada for $3.3 billion

Financial Post TopStories - Thu, 2024-11-14 06:48
The deal will add about 70,000 barrels of oil per day
Categories: Business News

Posthaste: Canada's record economic gap with the United States is about to get wider

Financial Post TopStories - Thu, 2024-11-14 05:04
Two economies headed in opposite directions
Categories: Business News
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