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Bussiness

Canada’s unemployment rate ticked up to 6.9% in April, matching pre-pandemic high

Bussiness
Canada's unemployment rate ticked up to 6.9 per cent in April, Statistics Canada said on Friday, matching the highest rate seen in eight years outside of...

WeightWatchers files for bankruptcy after weight-loss drugs capsized industry

Bussiness
WW International, formerly known as WeightWatchers, has filed for Chapter 11 bankruptcy protection on Tuesday in a bid to cut its debt after hugely...

GameStop Canada to be rebranded EB Games after acquisition by Quebec toymaker

Bussiness
GameStop Canada says it has been acquired by French-Canadian entrepreneur Stephan Tetrault from the video game retailer's struggling parent company.Officially named Electronics Boutique Canada...

Canada’s trade deficit narrows to $506M in March, driven by slump in U.S. imports

Bussiness
Canada's trade deficit narrowed to $506 million in March, beating expectations as imports fell at a faster rate than the drop in exports, data...

Competition Bureau takes Canada’s Wonderland to court over alleged ‘deceptive marketing practices’

Bussiness
The Competition Bureau says it is taking Canada's Wonderland to court because it alleges the company that runs the amusement and water park north of...

Dissident to fight board vote delay in court after Parkland, Sunoco ink $9.1B US deal

Bussiness
Parkland Corp.'s biggest shareholder is going to court after the Calgary company announced a $9.1-billion US takeover by Sunoco LP and delayed a meeting...

Startups aim to bring EV charging to apartment and condo dwellers

Bussiness
In 2015, Carter Li decided he wanted an electric car. He was living in a condo in downtown Toronto, and figured he could negotiate...

Warren Buffet announces intention to retire from Berkshire at the end of the year

Bussiness
Warren Buffett said on Saturday he will step down as chief executive of Berkshire Hathaway at the end of the year, and hand over...

Aritzia plans to move some of its production away from China amid tariff threats

Bussiness
Aritzia Inc. says it is shifting some of its supply chain away from China, which has been hammered with triple-digit tariffs from the United...

The U.S. tax loophole that made Shein and Temu rich is changing. What will happen to the brands now?

Bussiness
For years, Shein and Temu used a U.S. tax loophole to keep their costs low and send items to the country ultra-quickly.Not anymore.U.S. President Donald...

CUSMA-compliant auto parts won’t be hit with tariffs

Bussiness
U.S. Customs and Border Protection guidance released today says automobile parts compliant with the Canada-U.S.-Mexico Agreement (CUSMA) on trade will not be hit with...

Flaunting fur might be back, thanks in part to vintage buyers and sustainable shoppers

Bussiness
For Mina Ely, fur has never been out of style.With her family's Russian Jewish heritage, furs were the norm for both esthetic and practical...
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