Canada Business News in English

The company behind Metro grocery stores and Jean Coutu drugstores said the earnings were slightly down from $222.2 million in the fourth quarter last year.

Two proposed class-action lawsuits in the U.S. allege that four companies conspired to fix prices on frozen potato products over the past three years.

Company spokesperson Charmaine Khan says the radio industry is continuing to feel the pressure of an uncertain advertising market.

Canada Post and the postal workers union found slivers of consensus Tuesday amid talks with a special mediator, but 'a lot of ground' remains between them on the key concerns as a countrywide strike entered its fifth day.

Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

The Associated Press said on Monday it would lay off about 8 per cent of its workforce as it looks to modernize its operations and products.

Spirit Airlines filed a Chapter 11 bankruptcy petition after working out terms with bondholders. The U.S. budget airline has lost more than $2.5 billion since the start of 2020.

Parents who are expecting child benefit payments via mail will still get their cheques delivered on Wednesday, Canada Post and the Canada Revenue Agency has said.

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue.

Canada Post and the labour union representing thousands of striking postal workers are set to return to the bargaining table on Monday, along with a new special mediator.

Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned.

A lengthy labour disruption could have disastrous implications for small businesses and the future of Canada Post itself, some experts warn amid a national strike.

Counseling and health services firm Equinox on Friday disclosed a data breach involving the personal health information of some current and former clients, as well as staff and has notified the individuals likely to have been affected.

Canada Post workers are on strike after failing to reach a negotiated agreement with their employer. The Canadian Union of Postal Workers says approximately 55,000 workers are striking.

When Mehrdad Khayeri bought his dream house in the Greater Toronto Area earlier this year, he scored a big bonus: nearly $35,000 back. It was a perk he negotiated through a cashback agreement with his real estate agent.

The rate at which Canadian rental prices are increasing should slow in the coming years as the government's plan to cut back immigration numbers takes hold, a new report from Desjardins says.

A small business advocacy group is re-upping calls to eliminate the carbon tax, after it says members learned the Canada carbon rebate for small businesses is a taxable benefit.

Labour Minister Steve MacKinnon said Tuesday he has directed the Canada Industrial Relations Board to 'order that all operations and duties at the ports resume.'

Genetic testing firm 23andMe said on Monday it is reducing about 40 per cent, or 200 employees, from its workforce and discontinuing all its therapies.

Dock workers in both British Columbia and Montreal have now been locked out as negotiations stall between unions and employers. Here's what that means for Canadian consumers.

Shannon Davidson was let go from her executive role at a marketing firm last year after a merger led to cuts. She knew she wasn't done with her career yet, but finding her next workplace in her mid-50s was a daunting prospect.

Canada added lower-than-expected 14,500 jobs in October and wages of permanent employees rose, data showed on Friday, as the economy grappled to absorb the slack built up due to a rapidly rising population amid an overheated market.

Chrystia Freeland pointed to Canada's experience with incoming U.S. president Donald Trump, as well as alignment on Chinese tariffs, as helping Ottawa navigate trade negotiations.

Canadian TikTok creators fear that the federal government's decision to shut down the app's Canadian operations will erode their support system and limit earning potential.

Canada's unemployment rate was unchanged in October at 6.5 per cent, while job growth was little changed from the previous month, Statistics Canada said on Friday.

Canada's labour market added roughly 15,000 jobs in October, enough to keep the unemployment rate steady at 6.5 per cent in the month.

A weaker Canadian dollar tied to Donald Trump's victory could be inflationary north of the border, which could make our central bank more hesitant to cut rates too quickly.

Wednesday wasn't just a good day for Donald Trump. The wealth of the world's 10 richest people also soared by a record amount, according to Bloomberg's Billionaire Index.

The employee was indicted for allegedly distributing personal information of TD Bank customers, the latest criminal probe to hit the U.S. arm of the Canadian financial institution.

Cineplex Inc. says it will continue adding a fee to some online ticket purchases but will adjust how the charge is communicated to moviegoers.

Donald Trump's impending return to the White House has raised worries that he could complicate the Canada-U.S. trade relationships.

Stock markets were rising broadly higher on news of Donald Trump's U.S. election victory on Wednesday. Here's how investors say you should adjust your portfolio.

The Bank of Canada's Carolyn Rogers says improving housing affordability ultimately requires reaching a balance between supply and demand, which she says will take time.

The Canadian Food Inspection Agency has issued a recall for several brands of bread and buns due to pieces of metal in the products. 

Donald Trump was previously a crypto skeptic but changed his mind and took a favorable view of cryptocurrencies ahead of the election.

Stock prices, bond yields and bitcoin surged Wednesday as voters returned former U.S. president Donald Trump to the White House and the Republican party gained control of the Senate.

Boeing's West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.

Employers at British Columbia ports say they are going ahead with locking out more than 700 foremen across the province after strike activities from union members began.

Canadians continue to make payments on their mortgages, but there are signs of stress bubbling up on other credit products, which CMHC warns could continue to spread to home loans.

Canadians continue to make payments on their mortgages, but there are signs of stress bubbling up on other credit products, which CMHC warns could continue to spread to home loans.

Bell Canada will use $4.2 billion of the proceeds it got from selling its stake in Maple Leaf Sports & Entertainment to Rogers Communications to fund this acquisition.

Warren Buffett is collecting a steady stream of profits from all of Berkshire Hathaway's assorted businesses, including Apple, without any major acquisitions.

Serums that promise firm skin. Powders that claim to eliminate night sweats. From skin care to supplements to special snacks, menopause may be a new gold rush in the wellness industry.

With the costs of pet ownership rising, the Competition Bureau sees an opportunity to drive down the prices of medication by expanding distribution to pharmacies.

Major North American carriers with international operations are cashing in on a booming demand for overseas travel and a resurgence in business bookings.

With the U.S. election less than a week away, Karen Routledge's phone keeps ringing with clients wondering what will happen to their investments after Tuesday.

Dockworkers at the Port of Montreal started a new strike Thursday morning, forcing the indefinite shutdown of two container terminals at the country's second biggest port.