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S&P/TSX composite trading lower late-morning, U.S. markets also down
TORONTO - Canada’s main stock index was trading lower as of late-morning Friday along with U.S. markets as commodities were…
Strathcona formally launches takeover bid for oilsands peer MEG Energy
CALGARY - Strathcona Resources Ltd. has formally launched its takeover bid for fellow oilsands producer MEG Energy. Its offer, open until…
Hudson's Bay heads into last days of sale with lots of shoppers, little merchandise
TORONTO - Hudson’s Bay is headed into its last weekend of liquidation sales with its Toronto flagship teeming with shoppers…
CPP Investments and partner sell Encino Acquisition Partners stake in US$5.6B deal
TORONTO - Canada Pension Plan Investment Board says it and Encino Energy are selling their holdings in an Ohio oil…
Hudbay Minerals staff evacuate Flin Flon, Man., due to wildfires
TORONTO - Hudbay Minerals Inc. says its non-essential staff in the Flin Flon, Man., area are evacuating because of wildfires…
Canada's GDP annual growth rate beats estimates in face of U.S. tariff threats
The Canadian economy grew more than economists expected in the first three months of 2025 as businesses tried to get ahead…
RioCan REIT asks court to put joint venture with Hudson's Bay into receivership: docs
TORONTO - RioCan Real Estate Investment Trust is pushing to put a joint venture it owned with Hudson’s Bay into…
Laurentian Bank reports $32 million second quarter profit
MONTREAL - Laurentian Bank of Canada says it had a net income of $32.3 million in the second quarter compared…
Broken escalators and a declining market: Experts predict big challenges for Chinese billionaire in executing her ambitious plan for 28 Hudson’s Bay leases
As Hudson’s Bay winds down its footprint across Canada, a little-known businesswoman from B.C. is seizing its retail locations — with bold…