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Hudson's Bay to close two Alberta department stores this summer amid 'market changes'

Hudson's Bay to close two Alberta department stores this summer amid 'market changes'

EDMONTON — Hudson's Bay is shuttering two department stores in Alberta, saying the decision reflects market changes and the company's vision for the future.
First Quantum says copper loading suspended at Cobre Panama port

First Quantum says copper loading suspended at Cobre Panama port

TORONTO — First Quantum Minerals Ltd. says the Panamá Maritime Authority has suspended loading operations of copper concentrate at the port for its Cobre Panama mine.
Gloomy economic outlook, elevated mortgages drag down 2023 B.C. housing market: BCREA

Gloomy economic outlook, elevated mortgages drag down 2023 B.C. housing market: BCREA

VANCOUVER — The British Columbia Real Estate Association says the chill across the province's property sector will drag on through this year, but it calls for a strong rebound in 2024.
Uber relaunches ride share option in some Canadian cities under new name

Uber relaunches ride share option in some Canadian cities under new name

Uber Technologies Inc. says it is bringing its shared rides offering back to Canada with a new name. The ride-hailing giant says Toronto, Montreal and Vancouver will get access to UberX Share later this week.
Sun Life Financial names Joe Natale to board of directors

Sun Life Financial names Joe Natale to board of directors

TORONTO — Sun Life Financial Inc. says it has named former Rogers Communications chief executive Joe Natale to its board of directors. The insurance company says he will join the board as of Tuesday.
BoC's first summary of deliberations coming this week. Here's what to expect

BoC's first summary of deliberations coming this week. Here's what to expect

OTTAWA — The Bank of Canada is set to publish its first summary of deliberations Wednesday, giving Canadians a peak into the governing council's reasoning behind its decision to raise interest rates last month.
Meet me in the metaverse: Some companies set up shop in a digital environment

Meet me in the metaverse: Some companies set up shop in a digital environment

As a snowstorm bore down on Toronto, Aaron Grinhaus spoke fondly about the view from his office — not his law firm's building in midtown, but the one in the metaverse, where two park benches sit around a water fountain and the sky is a gradient of de
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada Bank of Canada governor Tiff Macklem will give a speech in Quebec City on monetary policy on Tuesday and hold a news conference.
Falooda Drink recall over undeclared milk expanded to include multiple flavours

Falooda Drink recall over undeclared milk expanded to include multiple flavours

The Canadian Food Inspection Agency has expanded a recall for Falooda Drink that was initially issued because the product contains milk that is not listed on the label.
Jury: Musk didn't defraud investors with 2018 Tesla tweets

Jury: Musk didn't defraud investors with 2018 Tesla tweets

SAN FRANCISO (AP) — A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors.