Business

Air Canada, flight attendant union head to conciliation amid impasse in negotiations

TORONTO — The union representing Air Canada flight attendants says it has filed for conciliation with the federal labour minister after reaching an impasse in contract negotiations with the airline. The...

1h ago

Loblaw warns of surge in tariff-hit food products as pre-tariff inventory runs out

The head of Loblaw Cos. Ltd. says the company expects a surge of tariff-related price increases at its stores as its pre-tariff inventory runs out. Chief executive Per Bank says that so far, the company...

1h ago

CRTC kicks off CanCon hearing as big streamers cancel appearances

The CRTC’s hearing on defining Canadian content began Tuesday with Netflix, Paramount and Apple dropping off the schedule at the last minute. MPA-Canada, which represents a number of the big streaming...

3h ago

How to keep your job during a trade war

Canada's unemployment rate remained relatively stable for the month of April, sitting at 6.9 per cent. But the rate for youth unemployment jumped to its highest figure in the past two decades excluding...

The Big Story

6h ago

Liberal MP says Carney will run a more 'corporate' government

OTTAWA — A newly appointed junior member of cabinet says the federal government will operate more like a "corporation" under Prime Minister Mark Carney than it did under Justin Trudeau. Liberal MP Wayne...

1h ago

Key portfolios for business community to watch as Carney's cabinet sworn in

Canada's business community will be monitoring files across various portfolios after Tuesday's swearing-in of Prime Minister Mark Carney's new cabinet. Corporate leaders and business associations say...
Microsoft to lay off about 3% of its workforce

Microsoft says it is laying off nearly 3% of its entire workforce. The tech giant didn't disclose the total amount of lost jobs but it will amount to about 6,000 people. Microsoft employed 228,000 full-time...
Honda Canada postpones $15-billion electric vehicle project in Ontario

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility. Honda Canada spokesman Ken Chiu...

21h ago

Canada's ambassador says economic talks must prioritize lifting Trump's tariffs

WASHINGTON — Ottawa's top diplomat in Washington says talks to negotiate any new deals with the United States will prioritize ending U.S President Donald Trump's ruinous tariffs on Canadian exports. Ambassador...
Hudson's Bay expected back in court to extend creditor protection

Hudson's Bay is due to return to an Ontario court today for the first time in roughly two weeks to seek a reprieve from the hundreds of businesses it owes money. The department store is expected to use...