Business

Joly says Stellantis getting a notice of default following production shift to U.S.

Industry Minister Mélanie Joly said Canada is serving Stellantis a notice of default after the automaker shifted some of its production to the United States. "We will stand firm for the sake of our workers,...

5h ago

Secretary of State for CRA pushes back against auditor general’s findings on accuracy

OTTAWA — The secretary of state for the Canada Revenue Agency is pushing back against some of the auditor general report's recent findings and argues that Canadians get timely, accurate info from the...

3h ago

ICE says armoured vehicles ordered from Canadian firm produced in U.S.

OTTAWA — The armoured vehicles U.S. Immigration and Customs Enforcement is purchasing from Canadian defence firm Roshel fall under Buy American provisions, the law enforcement agency said Thursday. The...

6h ago

EQB is buying PC Financial. Here's what it means for PC Optimum points collectors

Avid PC Optimum points users might be wondering what will become of the loyalty program as EQB Inc. plans to take over PC Financial from Loblaw Cos. Ltd. and become the exclusive financial partner of the...

7h ago

Former MLSE boss Leiweke pardoned by Trump months after being indicted

U.S. President Donald Trump pardoned Tim Leiweke on Wednesday, five months after his own justice department indicted the former president and chief executive officer of Maple Leaf Sports and Entertainment. Leiweke...

8h ago

Bryzgalski painting of snowshoers in striped coats star of HBC's first online auction

TORONTO — The first in a series of online auctions to sell off Hudson's Bay's treasures closed Thursday with one Kuba Bryzgalski painting of snowshoers in striped coats going for $170,000 and a single...

2h ago

No charges will be laid against civilian pilot who violated G7 airspace during summit

CALGARY — A wayward pilot whose actions forced officials to scramble four CF-18 Hornet fighter jets during the G7 leaders' summit in Alberta earlier this year won't be facing criminal charges. During...

11h ago

Sleep Country Canada charting revival of Bed Bath & Beyond next year

TORONTO — Sleep Country Canada Inc. is on the cusp of bringing back Bed Bath & Beyond. The mattress retailer confirmed in a Thursday email to The Canadian Press that it has purchased the Canadian...

8h ago

Russia restricts FaceTime, its latest step in controlling online communications

Russian authorities said Thursday they have imposed restrictions on Apple's video calling service FaceTime, the latest step in an effort to tighten control over the internet and communications online. State...

10h ago

BMO reports $2.3 billion profit, raises dividend as U.S. business improves

TORONTO — BMO Financial Group raised its dividend as it reported a profit of $2.3 billion in the fourth quarter, boosted in part by a reduction in provisions for bad loans as it works to adjust its U.S....

11h ago