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Around Âé¶¹ÊÓÆµ
Around Âé¶¹ÊÓÆµ
Scotiabank profit dips as it prepares for potential turbulence ahead
TORONTO — Cautious borrowers and a worsening economic outlook pushed Scotiabank earnings slightly down in the second quarter from last year as the bank put aside more money for potentially bad loans ahead. The bank reported a net income of $2.
May 27, 2025 11:17 AM
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Hudson's Bay says 8,300 workers to be out of a job by June: court docs
TORONTO — More than 8,300 workers will have lost their job and some benefits by the time Hudson's Bay closes all of its stores at the start of June, new court documents filed by the collapsing retailer say.
May 27, 2025 10:22 AM
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Equifax report says 1.4M consumers missed a credit payment in Q1
There's a deepening divide between consumers in the face of economic uncertainty as those missing payments rose compared with a year ago, a new Equifax report shows.
May 27, 2025 9:55 AM
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Canada faces 'massive challenge' as NATO eyes new 5% spending target: expert
OTTAWA — When representatives of NATO nations meet in The Hague late next month, they're expected to dramatically hike the alliance's defence spending target for members — the one Canada is failing to hit already.
May 27, 2025 8:00 AM
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Stephen Hayes Dacus becomes first foreign CEO of 7-Eleven in Japan
TOKYO (AP) — Stephen Hayes Dacus was approved Tuesday to be the new chief executive of the operator of 7-Eleven, the first foreigner to lead the Japanese convenience store chain.
May 27, 2025 6:51 AM
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Silent tribute and fundraisers mark one month since Vancouver festival attack
VANCOUVER — Members of Parliament held a moment of silence on the one-month anniversary of the deadly attack on the Lapu Lapu Day festival in Vancouver, as members of the Filipino community and others continue to grapple with its impact.
May 26, 2025 4:29 PM
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Via Rail workers give Unifor strike mandate, could take action as soon as June 22
MONTREAL — Unifor says almost 98 per cent of the Via Rail workers it represents have voted to give the union the power to launch a strike next month. The union says members belonging to Unifor Council 4000 and Local 100 gave it a 97.
May 26, 2025 11:58 AM
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Canada needs to boost productivity and housing affordability: OECD report
OTTAWA — A new report by the OECD says Canada needs to boost productivity and housing affordability to strengthen growth as it faces trade uncertainty and U.S. tariffs that are taking a bite out of the economic outlook.
May 26, 2025 10:36 AM
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Judge approves $500M settlement in Loblaw, George Weston bread price-fixing case
TORONTO — Some Canadian shoppers may soon receive cash from a class-action lawsuit that accused Loblaw Cos. Ltd. and its parent company George Weston Ltd. of engaging in an industry-wide scheme to fix the price of bread.
May 26, 2025 10:23 AM
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Canada Post says response to latest union comments coming shortly
OTTAWA — Canada Post says it will respond to its union's latest negotiation comments as soon as possible as uncertainty caused by the contract dispute weighs heavily on its business.
May 26, 2025 10:07 AM
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