Business
News from Canada
Apple sued for alleged patent infringement by German company BASF
Chemical company accuses Apple of infringing patented face authentication tech in many iPhone and iPad models
Everything we know about Carney’s investment summit
The high-profile nature of the event has many on Bay Street keeping close tabs on its agenda
TD chief operating officer Turan to depart after less than a year
COO led bank’s transformation strategy in wake of U.S. anti-money-laundering failures
Tesla to launch self-driving ‘Cybercab’ in Texas
Last year Tesla debuted its self-driving cars in Austin using its Model Y SUV vehicles, with the “Robotaxi” se…
SpaceX, Blue Origin ditch Paris space summit: France ministry
Stoke Space and Starcloud also pulled out, it added.
Ontario fines SeatGeek $25,000 under ticket resale law that aims to prevent scalping
Ontario has issued what could be its first fine against a ticket reselling platform under the province's anti-…
Volkswagen board approves cutting 50,000 more jobs and closing 4 plants
Volkswagen's board of directors on Thursday approved a sweeping cost-cutting plan that would cut 50,000 jobs, …
Lululemon cuts revenue forecast for second time in months as outlook deteriorates
Vancouver-based apparel maker cites continuing ‘pressure’ in largest markets, which continue to drag down sale…
Bank of Canada unveils new $20 notes featuring King Charles III
The Bank of Canada has unveiled the design for the country's newest $20 note, which features King Charles III …
Lululemon cuts annual revenue, profit forecast as new CEO prepares to take charge
Incoming CEO Heidi O’Neill faces softening demand and intense competition from newer brands
Volkswagen could cut 50,000 jobs as board approves turnaround plan
Company cites increasing competitive pressure, changing demand patterns and technological change as reasons fo…
Canada July trade surplus shrinks, U.S. exports drop
Canada’s trade surplus narrowed sharply in July as exports of energy and metal products shrank while imports r…
How bad would it be for Canada if the U.S. left CUSMA? What a report suggests
Boosting trade with a more diverse array of international partners would only plug part of the hole in Canada’…
Rogers Stadium Faces 'Significant Damage' Following Toronto Storm
One of Toronto's biggest concert venues has taken a hit. Rogers Stadium was left partially damaged after a hea…
Ontario paper cup and bowl maker sees demand surge from local foodservice customers
Number of so-called tariff winners may be small and could shift as the U.S. trade dispute unfolds
Dutch central bank moves billions in gold to U.K. from Ottawa, New York
The Dutch bank owns 612.4 metric tons (675 tons) of gold that was worth 72.2 billion euros (about $83.6 billio…
Major AI firms agree to Ottawa’s new data-centre framework as public opposition grows
Developers must minimize water use, be transparent about local impact, and not shift electricity costs to Cana…
Want to build a data centre in Canada? These are the federal government's new expectations
The federal government announced a new framework outlining key expectations for responsible data centre develo…
Canada posts $769M merchandise trade surplus in July as exports fall
Statistics Canada says the country posted a merchandise trade surplus of $769 million in July as exports fell …
Air Canada to open new European, Asian routes in bid to lure more high-margin customers
Airline is prioritizing global growth as it navigates higher fuel costs, low U.S. travel demand
BRP raises full-year guidance as demand holds up despite U.S. tariffs
The Ski-Doo and Sea-Doo maker reported a loss in its most recent quarter, but is working to boost sales and ca…
‘I just want what I paid for’: Ontario man says $112,000 truck has been in shop for months
There is a troubling trend with new vehicle sales in Canada, and a W5 investigation has found many brand-new c…
Success takes more than grit. You must understand and take control of your situation
Following on her 2016 book Grit, Angela Duckworth writes in her new book that you have choices and must make t…
Trade surplus narrows in July as exports fall ahead of new tariffs
Canada’s trade surplus declined to $769-million from $4.2-billion in June, led by a drop in energy, metals exp…
Canadian paper cup and bowl maker sees growing local demand amid tariffs
A Canadian paper cup and bowl manufacturer is seeing growing demand from foodservice customers across the coun…
Nvidia to buy Hugging Face for $13-billion in bet on open-source AI
Deal could help chip maker broaden its customer base as hyperscalers develop their own rival chips
Toronto Area home sales down 2% in August, prices dip below $1M: board
The Toronto Regional Real Estate Board says 5,057 homes changed hands last month, down 2.1 per cent year-over-…
BRP reports $136.8-million second-quarter loss, raises full-year outlook
Ski-Doo and Sea-Doo maker now expects revenue of $9.225-billion to $9.475-billion this fiscal year
End of USMCA would be ‘severe but not cataclysmic’ for Canada’s economy, Deloitte says
U.S. exit from the trade pact would cut Canada’s GDP by 1.6%, or $402-billion, over the next decade
Carney set to announce ‘historic investment’ in Canadian manufacturing
PM visiting northern Ontario as the country prepares to impose countertarrifs on a range of U.S. goods
Business Brief: Can countertariffs evade higher food prices?
Carney takes a different approach than his predecessor in latest phase of trade war
Budgeting for university this fall? Brace for thousands in unexpected costs
Fees and surprise living expenses can upend even the best-planned budgets. Here’s how to prepare
Bank of Canada set to unveil redesigned $20 bill featuring King Charles
Royal Canadian Mint has produced coins featuring King Charles since 2023
Toronto home sales fall in August, ending five-month rebound
Activity slowed in a month when trade talks with the U.S. collapsed, injecting more uncertainty into the marke…
Ontario threatened to cut off U.S. critical minerals supply. Sudbury isn’t panicking
With each development in U.S. President Donald Trump’s trade war with Canada, many Ontario cities have receive…
SOCAN sues Suno, alleges AI company copies Canadian music without paying creators
Look at this photograph — now listen to the AI version. Canada's largest member-owned music rights organizatio…
TSX up over 250 points on basic materials strength, U.S. markets also positive
Canada’s main stock index rose more than 250 points, helped by strength in the basic materials sector, while U…
Boeing paid US$3.1 million fine to FAA over widespread safety violations
Boeing paid a US$3.1 million fine to the U.S. Federal Aviation Administration earlier this year after the agen…
Bank of Canada holds key rate as it prioritizes ‘multiple risks in play’
The Bank of Canada stuck to the sidelines as governor Tiff Macklem suggested the re-escalating trade war with …
Damaging storms sweep across Ontario, causing flooding, power outages in Toronto area
Weather office issued multiple emergency alerts as police responded to reports of downed power lines and hail …