Business
News from Canada
Why Danielle Smith wants to give a subsidy to the oilpatch despite near-record profits
The Alberta government is preparing to unveil new subsidies later this month for oil companies to ramp up prod…
Canada Post says higher international and U.S. mail costs will sustain its operations
A Canada Post spokesperson says the planned increase in the price of stamps is meant to help the Crown corpora…
Nvidia CEO admits to affair with woman suspected of being spy for China
China denied on Monday there was a spy plot attempt to ensnare Nvidia CEO Jensen Huang, calling the spying all…
CPPIB to lay off dozens of employees at struggling active equities division
Investment manager will fold the department into another unit after several years of underperformance
The Carney government’s immigration targets are a fib and a dodge
A brief aside in Budget 2026 notes an additional 200,000 temporary residents will become permanent in 2027
Skydance sets streaming bundle for early 2027
Skydance on Monday detailed plans to deliver US$6 billion in cost savings from its Warner Bros Discovery acqui…
‘Betrayed our members’ Unifor President reacts to Stellantis sale of Brampton assembly plant
Stellantis has announced the sale of its Brampton assembly plant to Canadian defence technology company Roshel…
Nvidia CEO scandal casts uncertainty over future of the AI industry he helped define
A new CEO could take a different approach, leading to less deal making in the industry, including for Canadian…
GFL Environmental turns down buyout offer from Wall Street private equity funds
Waste-disposal giant’s board decided proposal from consortium of bidders led by Blackstone, KKR and Energy Cap…
Vancouver’s illegal rental houses reminiscent of Hong Kong’s coffin apartments
Simon Fraser University's city program director, Andy Yan, told Global News the dividing of homes in Vancouver…
PepsiCo to cut some jobs in North America
PepsiCo PEP.O is cutting around 1,000 jobs across its food and beverage division in North America, the Wall St…
Canada launches instant payments network after years of delay
Payments Canada says it has launched its real-time rail national payment system, which is expected to speed da…
What we know - and what we don’t - as Nvidia investigates an alleged spy plot involving its CEO
Stunning allegations of a spy plot have prompted Nvidia to investigate whether its founder and CEO, Jensen Hua…
Could Nvidia survive without its ultra-powerful CEO, Jensen Huang?
Nvidia CEO Jensen Huang has helmed the company since starting it in 1993, guiding it from a graphics card make…
Nvidia shares tumble after investigation into CEO Jensen Huang
Shares of Nvidia tumbled five per cent at the opening bell after the computer chip maker opened an investigati…
Boeing to cut 5% of commercial plane staff on slower ramp-up plans
Boeing will cut about five percent of its commercial plane workforce as it moderates the pace of ramping up je…
Nvidia’s board signals Jensen Huang is too big to fire
Directors should await the findings of an investigation into the CEO’s ties to an alleged Chinese spy before b…
‘Maple washing’ violations spiked this year, food watchdog data shows
CFIA sees non-compliance cases jump more than 70% as experts say companies struggle to source domestically
FBI looking into Nvidia CEO’s affair with Chinese spy, Trump says
Jensen Huang’s infidelity has rocked the political class and America’s tech sector
PSP Investments buying 50% stake in Enercare for $1.6 billion
The Public Sector Pension Investment Board says it has signed a deal to buy a 50 per cent stake in home servic…
Ottawa extends tariff relief program for firms importing U.S. goods
Temporary remission program aims to reduce burden on Canadian firms caught in tariff crossfire
Should Canada adopt Sweden’s private models for health care and education? Ask our reporter about what he learned
Tim Kiladze will answer questions about the Scandinavian county’s model and what ideas Canada could adopt
China sells sovereign green bonds in Canada
Beijng seeks to expand international use of its currency as relations thaw with Ottawa
Stellantis signs deal with Roshel to sell idled Brampton, Ont., assembly plant
Automaker Stellantis says it has officially signed an agreement with Canadian defence contractor Roshel to sel…
Roshel to buy Stellantis assembly plant in Brampton for undisclosed amount, automaker says
Canadian armoured vehicle maker Roshel Inc. will buy the Stellantis assembly plant in Brampton, Ont., the auto…
Many workers in Nova Scotia, New Brunswick earning below living wage
Two separate reports on the living wages in New Brunswick and Nova Scotia reveal big gaps between what people …
Honda pumps $166M to expand hybrid production, strengthen Canadian manufacturing in Alliston, Ont.
Honda Canada announced Monday it will invest $166 million to upgrade and retool its Alliston, Ont., manufactur…
Canada Music Fund to Receive $67 Million Boost as Part of $600 Million CanCon Investment in 2026 Federal Budget
The Canada Music Fund is getting a new boost from the federal government. At last night's ADISQ Gala in Montre…
Payments Canada launches long-delayed instant payments system
Payments Canada says it has launched its real-time rail national payment system, which is expected to speed da…
What luxury home sales tell us about Canada’s K-shaped real estate economy
Luxury home sales are on the rise in seven out of 13 of Canada’s largest real estate market, a new report from…
Canadian bank to buy Australian investment manager
Royal Bank of Canada has signed a deal to buy Australian investment manager Yarra Capital Management Ltd.
Who is Nvidia CEO Jensen Huang?
Who is Jensen Huang, CEO of Nvidia?
U.S. Senate votes to advance sweeping energy legislation
Bipartisan legislation should accelerate reviews for data centres and other energy infrastructure projects
$276 for hair ties? Skims offers advent calendar refunds after online backlash
After intense customer backlash, Kim Kardashian's apparel brand Skims is offering refunds to anyone who purcha…
A new deal brings together two long-life Canadian oilsands and heavy oil companies
Strathcona Resources Ltd. has signed a deal to buy Greenfire Resources Ltd. in a deal valued at up to $2.9 bil…
Honda Canada announces plans to retool Alliston, Ont., plant for hybrid production
Honda Canada says it will retool its manufacturing facilities in Alliston, Ont., to expand production of hybri…
New Brunswick Premier Susan Holt unveils plan to grow exports outside the U.S.
The New Brunswick government wants to expand its export markets outside the United States by almost 16 per cen…
Honda Canada to retool Alliston, Ont. plant for expanded hybrid production
Honda Canada says it will retool its manufacturing facilities in Alliston, Ont., to expand production of hybri…
New Brunswick Premier Susan Holt leading business delegation to Asia
New Brunswick Premier Susan Holt is leading a delegation of businesses to Cambodia and South Korea this month.
Top U.S. hedge fund executive named CEO of Canada's new sovereign wealth fund
A top executive at one of the world's largest hedge funds is leaving her job in the U.S. to become the CEO of …