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Hudson's Bay Co. to purchase U.S. department store Neiman Marcus: reports
TORONTO - Hudson’s Bay Co.has reached a deal to buy luxury department store chain Neiman Marcus, according to media reports.Citing…
Daikin, Amana and Goodman heat pumps recalled due to excessive heat exposure risk
Health Canada says thousands of heat pumps sold in the country are being recalled over a risk of excessive heat…
S&P/TSX composite rises 270 points Wednesday, U.S. stock markets mixed
TORONTO - Canada’s main stock index rose 1.2 per cent Wednesday on broad-based strength, while U.S. stock markets were mixed…
More rental housing development needed despite recent rise: RBC economist
Rental housing construction in Canada has picked up significantly and is expected to keep growing this year, according to a…
S&P/TSX composite up 250 points in late-morning trading, U.S. stock markets mixed
TORONTO - Canada’s main stock index was up 250 points in late-morning trading, helped by strength in base metal stocks,…
Feds announce $11 million in funding for clean energy projects, mostly in Alberta
CALGARY - Eleven clean energy projects, most of which are based in Alberta, have been selected to receive a total…
Waterloo software firm OpenText cuts 1,200 jobs as part of business optimization plan
WATERLOO, Ont. - OpenText Corp.‘s chief executive says the company plans to shed about 1,200 roles as part of a…
Vancouver home sales fall 19 per cent in June as inventory continues to build: board
VANCOUVER - Greater Vancouver’s real estate board says the number of homes sold in June tumbled 19.1 per cent from…
Doug Ford promises 25 per cent of government agency, provincial advertising budgets to local media outlets
The Ontario government is throwing the beleaguered journalism industry a financial lifeline.In memos to government agencies, boards and commissions including…