Average Canadian house sold for $481,500 last month, up 1% in past year

The average price of a Canadian home was $481,500 last month, a rise of one per cent in the past…

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Tiny hamlet of Balzac says it’s ready for Alberta’s Amazon warehouse

A southern Alberta hamlet says it’s ready to accommodate potentially thousands of new workers joining an Amazon shipping depot under…

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Saudi Arabian crude oil imports to Canada easy to replace, says energy economist

Canada can easily replace the oil it imports from Saudi Arabia should relations with the Middle Eastern kingdom deteriorate to…

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PepsiCo CEO Indra Nooyi is stepping down

Longtime PepsiCo CEO Indra Nooyi will step down as the top executive at the world’s second-largest food and beverage company.…

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No-deal Brexit risk ‘uncomfortably high,’ Bank of England’s Carney says

Britain faces an “uncomfortably high” risk of leaving the European Union with no deal, comments that drove sterling to an…

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Shopify growth continues to slow in Q2, even as company beats analyst expectations

​Canadian e-commerce darling Shopify Inc. appears to be settling into a pattern of slowing growth. The Ottawa-based company revealed Tuesday…

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Mandalay Bay casino owner sues Vegas shooting victims to protect self from legal liability

MGM Resorts International has sued hundreds of victims of the deadliest mass shooting in modern U.S. history in a bid…

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U.S. tariffs take effect on $34B in Chinese imports as Beijing announces retaliation

The United States hiked tariffs on Chinese imports Friday and Beijing announced it was retaliating against American goods in a…

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California Supreme Court rules Yelp can’t be ordered to remove defamatory reviews

A divided California Supreme Court has ruled that online review site Yelp.com cannot be ordered to remove posts against a…

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General Electric to spin off health-care unit, divest Baker Hughes stake

General Electric Co. said on Tuesday it will spin off its health-care business and divest its stake in oil-services firm…

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