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Hudson鈥檚 Bay to sell name, stripes, brands to Canadian Tire for $30 million

Hudson鈥檚 Bay to sell name, stripes, brands to Canadian Tire for $30 million

TORONTO 鈥 Hudson's Bay is getting a second life with a new owner 鈥 Canadian Tire Corp. Ltd. Canadian Tire said Thursday that it will pay $30 million for intellectual property belonging to the retailer, which is Canada's oldest company.
Enbridge sells stake in Westcoast pipeline to B.C. First Nations group for $715M

Enbridge sells stake in Westcoast pipeline to B.C. First Nations group for $715M

CALGARY 鈥 For more than 65 years, Enbridge Inc.'s Westcoast pipeline has been pumping natural gas through First Nations territories across British Columbia.
Home sales down almost 10% annually last month: Canadian Real Estate Association

Home sales down almost 10% annually last month: Canadian Real Estate Association

The Canadian Real Estate Association says home sales in April fell 9.8 per cent compared with the same month last year, as the national housing market has returned "to the quiet markets we鈥檝e experienced since 2022.
US wholesale prices dropped 0.5% last month despite President Trump's tariffs

US wholesale prices dropped 0.5% last month despite President Trump's tariffs

WASHINGTON (AP) 鈥 U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump鈥檚 sweeping taxes on imports .
Annual pace of housing starts in April up 30 per cent from March: CMHC

Annual pace of housing starts in April up 30 per cent from March: CMHC

OTTAWA 鈥 Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 30 per cent compared with March.
Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

NEW YORK (AP) 鈥 Walmart鈥檚 first quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.
Winnipeg company 'will never forget' history making Hudson's Bay striped items

Winnipeg company 'will never forget' history making Hudson's Bay striped items

For four generations, the family behind Winnipeg garment maker Freed & Freed International has worked with the fabric of our nation, crafting police regalia like the scarlet tunics worn by the RCMP and uniforms for Canada's Olympic teams.
Marvel star Cobie Smulders is finally a superhero with powers in 'Super Team Canada'

Marvel star Cobie Smulders is finally a superhero with powers in 'Super Team Canada'

TORONTO 鈥 When Cobie Smulders began working on 鈥淪uper Team Canada鈥 two years ago, she didn鈥檛 expect the goofy cartoon to align so perfectly with the current political landscape.
Inflation cooled again even as some tariffs took effect. But economists don't expect that to last

Inflation cooled again even as some tariffs took effect. But economists don't expect that to last

WASHINGTON (AP) 鈥 Inflation cooled for the third straight month in April even after some of President Donald Trump鈥檚 tariffs took effect, though economists and many business owners expect inflation will climb by this summer. Consumer prices rose 2.
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

TORONTO 鈥 Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to its Ohio plant because of tariffs.
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