Stock markets swoon as reality of rising rates sets in

The TSX and Dow Jones were sharply lower on Wednesday as fears of higher interest rates to come took the wind…

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Property Brothers producer Cineflix faces class action suit over unpaid wages

The company that makes Property Brothers and dozens of other TV programs is being sued for millions in regular wages as…

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Jobless man told to pay thousands for government EI mistake

When a government blunder put more than $14,000 worth of employment insurance payments into Zbigniew Kazmierczak’s chequing account, he knew…

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Calgary-based Husky Energy makes $6.4B bid to acquire MEG Energy

A major merger could be in the works in Canada’s oil patch. Husky Energy Inc. is making a hostile bid…

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Owner of Sobeys, FreshCo, Foodland, IGA, Price Chopper buying Ontario grocery chain Farm Boy for $800M

The parent company of grocery chain Sobeys Inc. says it has reached a deal to acquire food retailer Farm Boy…

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Number of mortgages fell 3.4% in second quarter as stress test rules keep young buyers out

The number of new mortgages taken up in Canada in the second quarter of the year fell by 3.4 per…

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Saudi Arabia freezes new trade, investment after Canada demands activists be freed

Saudi Arabia said on Sunday that it is ordering Canada’s ambassador to leave the country and freezing all new trade…

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CBS 2Q net income up as CEO faces sexual-misconduct probe

CBS on Thursday reported a boost in second-quarter net income from the tax overhaul and higher fees from affiliates and…

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Harley-Davidson turns to global markets to boost sales

With sales stagnant at home, Harley-Davidson has looked increasingly overseas for buyers of its iconic motorcycles. The economic headwinds it…

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