Skip to content
Join our Newsletter

National Business

Hudson's Bay likely to find lots of buyers for assets like leases, stripes: experts

Hudson's Bay likely to find lots of buyers for assets like leases, stripes: experts

TORONTO — As Hudson’s Bay continues to seek ways to stabilize and restructure what little will soon be left of its ailing business, it’s opening itself up to selling its assets.
7-Eleven owner says Couche-Tard understates antitrust risk in takeover proposal

7-Eleven owner says Couche-Tard understates antitrust risk in takeover proposal

MONTREAL — The Japanese parent company of 7-Eleven says Alimentation Couche-Tard Inc. is understating the antitrust risk related to its takeover offer for the company. In a pair of documents, Seven & i Holdings Co. Ltd.
US consumer confidence tumbles for the 4th consecutive month to a 12-year low

US consumer confidence tumbles for the 4th consecutive month to a 12-year low

WASHINGTON (AP) — U.S. consumer confidence fell for the fourth straight month as Americans' anxiety about their financial futures declined to a 12-year low amid rising concern over tariffs and inflation .
Israeli legislators pass budget in a move that shores up Netanyahu's government

Israeli legislators pass budget in a move that shores up Netanyahu's government

TEL AVIV, Israel (AP) — Israel’s parliament on Tuesday passed a state budget, a move that shores up Prime Minister Benjamin Netanyahu’s governing coalition even as the embattled leader faces mounting public pressure over the war in Gaza and the hosta
Tariffs are sending markets on a wild ride. Here's advice for young investors

Tariffs are sending markets on a wild ride. Here's advice for young investors

Wild swings in the stock market can be difficult to stomach for many investors, let alone young Canadians who are just starting their investing journey. But even as the trade war between Canada and the U.S.
Stock market today: Wall Street holds steadier a day after roaring higher

Stock market today: Wall Street holds steadier a day after roaring higher

NEW YORK (AP) — Wall Street is holding steadier after roaring the day before on hopes that President Donald Trump’s tariffs may not be as sweeping as feared. The S&P 500 was up 0.2% in early trading Tuesday after jumping 1.8% on Monday.
CIBC signs federal government's code of conduct for generative AI

CIBC signs federal government's code of conduct for generative AI

TORONTO — CIBC says it has signed on to the federal government's voluntary code of conduct for generative artificial intelligence. It says it is the first major Canadian bank to sign the code.
Quebec budget expected to include record deficit, measures to address tariff threats

Quebec budget expected to include record deficit, measures to address tariff threats

QUÉBEC — Quebec's finance minister is set to table a budget today with a focus on shoring up businesses and workers as U.S. tariff threats continue to sow economic turmoil.
'The loading dock was full': Brands pull products from Hudson's Bay amid liquidation

'The loading dock was full': Brands pull products from Hudson's Bay amid liquidation

TORONTO — When Olivia Glauberzon pulled up to the loading docks at two Hudson's Bay stores last Wednesday, she had suitcases in tow and a plan to fill them with remaining product from After9, her company selling athleisurewear for moms.
Saskatchewan reverses ban of U.S. alcohol products that are produced in Canada

Saskatchewan reverses ban of U.S. alcohol products that are produced in Canada

REGINA — The Saskatchewan government is walking back part of its decision to stop purchasing all American-branded alcohol products in response to U.S. tariffs. The province says it is allowing the sale and distribution of 54 Canadian-produced U.S.