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National Business
National Business
Some young Canadians are downsizing their homes to cut back on their expenses
Last month, Chelsea Hunt and her husband concluded that the cost of living had skyrocketed to a point where they could no longer afford to stay in their apartment and needed to move. “We were living paycheque to paycheque,” the 26-year-old said.
Mar 28, 2023 7:00 AM
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Court gives Magnet Forensics approval for Thoma Bravo deal
Magnet Forensics Inc. says a court has granted it a final order allowing Thoma Bravo's $1.8-billion takeover of the cybersecurity company to move forward. Waterloo, Ont.
Mar 28, 2023 6:13 AM
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Canada heading into 'mild recession' as tight monetary policy squeezes growth: Report
OTTAWA — New research says Canada is heading into a mild recession as elevated borrowing costs, a downturn in the U.S. and persistent inflation dial up the country's economic uncertainty.
Mar 28, 2023 5:42 AM
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Shoppers Drug Mart moves away from medical cannabis, will send patients to Avicanna
TORONTO — Shoppers Drug Mart Inc. is moving away from its medical cannabis distribution business and preparing to transfer patients to a platform run by biopharmaceutical company Avicanna Inc. The pharmacy chain owned by Loblaw Companies Ltd.
Mar 28, 2023 5:00 AM
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Greek prime minister calls general election for May 21
ATHENS, Greece (AP) — Greece’s center-right Prime Minister Kyriakos Mitsotakis on Tuesday called a general election on May 21, in the aftermath of a train disaster that has reduced his party’s long-standing majority in opinion polls. The Feb.
Mar 28, 2023 1:34 AM
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Bring title insurers under anti-money laundering rules, former executive says
Title insurers need to be brought under anti-money laundering rules to fight against scam artists who impersonate homeowners to sell or mortgage their properties, a former insurance executive says.
Mar 28, 2023 1:00 AM
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Walmart Canada CEO says retailer not trying to profit from inflation
OTTAWA — Walmart Canada is not trying to profit from food inflation, president and CEOGonzalo Gebara told a parliamentary committee studying the issue Monday evening.
Mar 27, 2023 5:31 PM
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Saskatchewan looks to boost critical minerals industry
REGINA — The Saskatchewan government is hoping to bolster critical mineral exploration after announcing a strategy Monday that aims to attract investment and double production by 2030.
Mar 27, 2023 3:25 PM
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Grocery money, clean tech tax breaks expected in federal budget Tuesday
OTTAWA — A second top-up to GST rebate cheques for low-income Canadians and "significant" new tax measures to keep Canada in the green technology game will be among the highlights in Finance Minister Chrystia Freeland's federal budget on Tuesday.
Mar 27, 2023 2:47 PM
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Japan to resume imports of Canadian processed beef, 20 years after mad cow disease
OTTAWA — Japan is lifting the last of its restrictions against Canadian beef, 20 years after BSE, often called mad cow disease, devastated this country's cattle industry.
Mar 27, 2023 2:42 PM
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