Business
News from Canada

Dell shares gain after strong AI server demand boosts annual forecast
Dell Technologies’ shares climbed nearly 10 per cent in premarket trading on Wednesday, as strong demand for i…

Inflation risks rise with higher fuel costs and new U.S. tariffs, Bank of Canada governor warns
The Bank of Canada held its benchmark interest rate steady on Wednesday at 2.25 per cent, in a move widely exp…

BoC holds rate steady, suggests oil shock more concerning than trade war
Markets increase bets on December rate hike and bond yields jump after Macklem strikes hawkish tone

Cost of living, fuel has Couche-Tard customers cutting back on snacks
The convenience store chain's chief executive Alex Miller says shoppers are being more deliberate about their …

Aurora Cannabis urges shareholders to reject hostile takeover offer by Curaleaf
Aurora Cannabis Inc. is urging its shareholders to reject a hostile takeover bid by Curaleaf Holdings, Inc. Th…

Sweet treats, soda take a hit as Couche-Tard customers shop more cautiously: CEO
Pocketbook pressures are encouraging some Alimentation Couche-Tard Inc. customers to ditch buying snack foods.…

Canadian Tire, Tim Hortons launch loyalty partnership allowing Triangle members to earn on select Tims purchases
Tie-up is a bid by legacy brands to snag incremental share in an oversaturated loyalty market, retail analyst …

U.S. private payrolls growth slows in August, ADP says
Rose by 38,000 jobs last month after an upwardly revised 46,000 in July

Bank of Canada set to make 6th interest rate decision of the year
The Bank of Canada is set to make its sixth interest rate decision of the year this morning.

The long game behind Linamar’s durability
Linamar is now a diversified advanced manufacturing company

Canadian Tire and Tim Hortons join forces to link their loyalty programs
Under the partnership launched between the restaurant and the home goods company on Wednesday, customers who l…

US oil giant Chevron confirms it will expand operations in Venezuela
Oil giant Chevron is confirming that it will expand its operations in Venezuela, just days after President Don…

Berkshire CEO Abel sees opportunity for energy business from AI
Conglomerate recently made Alphabet, a ‘significant player’ in AI, its third-largest common stock holding

Trump’s ridiculous bullying of Canada is backfiring
The US president’s need to assert dominance is igniting patriotism abroad and a backlash at home What do bulli…

Uber to cut 3,300 jobs in management overhaul
Layoffs will reduce number of managers in the company by 20%, CEO said

Chevron says it will expand operations in Venezuela, doubling its oil production over five years
U.S. oil giant will invest $7-billion after Trump announced an ambitious deal to develop the country’s oil res…

Sudbury, Ontario’s mining capital, unshaken by Ford’s threat to cut off U.S. critical minerals supply
Strategic importance of nickel to U.S. manufacturing and city’s economic diversification seen as buffers again…

Sudbury doubles down on mining amid trade war
Sudbury Mayor Paul Lefebvre says he is 'confident' the U.S. won't impose tariffs on Canadian nickel.

Live updates: Bank of Canada expected to hold key interest rate as trade war with U.S. escalates
Breakdown of trade negotiations has increased likelihood BoC will keep policy rate at 2.25 per cent for sevent…

Canada, no one is coming to save us
Canadians are feeling a strong desire for revenge, but a response based on retaliatory tariffs will not take l…

Central bank independence should have a limit
Central banks need to work collaboratively with government so monetary and fiscal policy don’t operate at cros…

Business Brief: The road to rate change is paved with protectionism
Forecasting the Bank of Canada beyond today’s rate decision

Here’s how Canada’s countertariffs could hit your wallet
The price of consumer products such as appliances and furnishings could rise as much as 1.5% in the next six m…

Iran fires on Gulf neighbours after latest U.S. strikes
Latest violence ends a month-long lull in fighting between both sides and raises new questions about how to en…

U.S.-Iran war intensifies after month-long lull, raising energy prices and inflation fears
Rising energy prices put more pressure on bonds, sending global yields to the highest levels since 2008

The U.S. could control 20% of Venezuela's oil reserves. Canada's oilpatch isn't worried
U.S President Donald Trump is continuing his pursuit of Venezuela's oil jackpot, announcing a new deal aimed a…

Lululemon the latest brand to bet on resale as second-hand clothing becomes big business
Shoppers looking to save money on Lululemon apparel have another option. The athletic wear company has launche…

Couche-Tard reports US$828.5M in Q1 profit, up year-over-year from US$782.5M
Alimentation Couche-Tard Inc.’s net earnings attributable to shareholders came in at US$828.5 million in the f…

Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissented
Treasury Secretary Scott Bessent said Tuesday that 19 of the members of the G20 agreed to address streams of “…

G20 finance chiefs except China back U.S. action on distorted trade
Trump administration targets Beijing with measure against ‘non-market’ policies and distortions