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Manulife, Loblaw need to 'get the message' on competition following deal: minister
The federal minister in charge of promoting competition says he's concerned about a deal between Manulife Financial Corp. and Loblaw Cos. Ltd.
Jan 31, 2024 3:00 PM
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Stock market today: Slumping tech stocks and dashed hopes of quick rate cuts push Wall Street lower
NEW YORK (AP) — Wall Street fell to its worst loss in since September after Big Tech stocks got burned by the downside of high expectations and the Federal Reserve indicated cuts to interest rates likely aren’t imminent. The S&P 500 lost 1.
Jan 31, 2024 2:15 PM
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US pins blame for deadly drone strike on Iran-backed militias in the Islamic Resistance in Iraq
WASHINGTON (AP) — The United States on Wednesday attributed the drone attack that killed three U.S.
Jan 31, 2024 2:02 PM
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Henniges Automotive closing plant in Burlington, Ont., by end of the year
TORONTO — Henniges Automotive Holdings Inc. says it will close its Burlington, Ont., plant which makes vehicle sealing systems by the end of the year.
Jan 31, 2024 12:49 PM
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Deloitte Canada launches advisory practice focused on Indigenous communities
TORONTO — Deloitte Canada says it has launched a dedicated practice focused on helping build capacity and opportunity for Indigenous peoples and nations.
Jan 31, 2024 11:20 AM
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Browning West will offer board nominees at Gildan AGM instead of special meeting
MONTREAL — A U.S. investor looking to replace a majority of the board of directors at Gildan Activewear Inc. says it will offer its slate of candidates for election at the company's annual meeting instead of a separate shareholder gathering.
Jan 31, 2024 10:54 AM
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Economic bounceback at the end of 2023 could push back rate cuts, economists say
OTTAWA — Canada's economy appears to have ended 2023 on a stronger note than expected, which economists say could push back the timeline for interest rate cuts this year. Statistics Canada reported Wednesday the economy grew 0.
Jan 31, 2024 10:26 AM
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Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC
Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing Corp. began tracking that data in 1988.
Jan 31, 2024 10:06 AM
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Desjardins to cut 30% of service centres, ATMs in next three years
MONTREAL — The Desjardins Group says it will cut its service centres and ATMs by 30 per cent before 2027.
Jan 31, 2024 9:18 AM
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PGA Tour strikes $3 billion deal with Fenway-led investment group. Players to get equity ownership
PEBBLE BEACH, Calif. (AP) — The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises.
Jan 31, 2024 8:57 AM
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