By Wa Lone TORONTO (Reuters) – Canada’s planned curbs on work by international students could spark shortages of temporary workers in food services and retail industries as employers are wrestling …
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TORONTO (Reuters) – Canada’s annual inflation rate rose to 3.4% in December from 3.1% in November, data showed on Tuesday, largely driven by higher gasoline prices. The inflation matched estimates …
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By Nivedita Balu TORONTO (Reuters) – Canada’s big banks are preparing to set aside more rainy-day funds in the new fiscal year to deal with rising bad debts as their …
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(Reuters) -A union representing 2,100 flight attendants has reached an agreement over a new labor contract with Canadian leisure carrier Air Transat, the Canadian Union of Public Employees (CUPE) said …
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By Nivedita Balu TORONTO (Reuters) – In a tough year for Canadian banks, shares in mid-sized lender EQB Inc jumped more than 50% on solid earnings growth, making it the …
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OTTAWA (Reuters) – Canada’s Assembly of First Nations (AFN) on Thursday elected Manitoba regional chief Cindy Woodhouse as its new leader, replacing the previous national chief who was removed by …
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TORONTO (Reuters) – Canadian economic activity expanded at its fastest pace in seven months in November, Ivey Purchasing Managers Index (PMI) data showed on Wednesday. The seasonally adjusted index rose …
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(Reuters) – CBC/Radio-Canada said on Monday that it plans to cut about 600 union and non-union positions over the next year, as the national broadcaster implements cost-saving initiatives. The proposed …
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(Reuters) -Canada’s Brookfield Asset Management said on Friday it had raised $28 billion for its largest-ever fund, wagering on infrastructure assets the company believes would benefit from a shift to …
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National Bank of Canada’s fourth-quarter profit jumps on capital markets strength
by Reutersby Reuters(Reuters) – National Bank of Canada reported a rise in fourth-quarter profit on Friday, as a strong performance at its capital markets unit helped offset the hit from bigger provisions. …
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Canada’s oil province Alberta forecasts increased C$5.5 billion budget surplus
by Reutersby Reuters(Reuters) – Canada’s main oil-producing province Alberta on Thursday forecast an increased surplus of C$5.5 billion ($4.06 billion) for the 2023/24 fiscal year, fuelled by strong bitumen royalties and higher …
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Brazil’s Embraer gets new order from Canada’s Porter Airlines for 25 more jets
by Reutersby ReutersSAO PAULO (Reuters) – Brazilian planemaker Embraer said on Wednesday that Canada’s Porter Airlines placed a firm order for an additional 25 E195-E2 aircraft for $2.1 billion. The deal, which …
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(Reuters) – Canada’s Magna International has reached a tentative agreement with Unifor, a company spokesperson said on Monday, the latest in a series of deals struck by North American labor …
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Canada’s OMERS buys 5% indirect stake in Toronto Raptors-parent MLSE for $400 million
by Reutersby Reuters(Reuters) – Canadian pension plan OMERS said on Monday it will acquire a 5% indirect stake in Maple Leaf Sports & Entertainment (MLSE), the parent company of hockey’s Toronto Maple …
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Canada’s Conservative leader urges rejection of RBC’s offer for HSBC Canada -media
by Reutersby Reuters(Reuters) – Pierre Poilievre, Canada’s Conservative party leader, called for the federal government to reject Royal Bank of Canada’s C$13.5 billion ($9.84 billion) offer to buy HSBC’s domestic unit, the …
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OTTAWA (Reuters) – The Canadian government, under political pressure to tackle high inflation, said on Thursday the country’s five major grocery chains had made an initial commitment to help stabilise …
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TORONTO (Reuters) – Canadian economic activity expanded at a slower pace in September as a measure of employment climbed to its highest level in six months, Ivey Purchasing Managers Index …
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Canada’s Trudeau wants India to cooperate in murder probe, declines to release evidence
by Reutersby ReutersBy Michelle Nichols NEW YORK (Reuters) -Canadian Prime Minister Justin Trudeau on Thursday called on India to cooperate with an investigation into the murder of a Sikh separatist leader in …
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(Reuters) – Canada’s biggest steelmaker Stelco Holdings is pursuing a bid for U.S. Steel Corp, adding to a growing list of suitors for the iconic American company, Bloomberg News reported …
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Canada’s Trans Mountain pipe expansion to disrupt oil flow to US, boost prices
by Reutersby ReutersBy Nia Williams and Stephanie Kelly CALGARY (Reuters) – Canada’s Trans Mountain oil pipeline expansion (TMX), which will nearly triple the flow of crude from Alberta to Canada’s Pacific Coast …
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(Reuters) – An affordable housing crisis that is hurting the Canadian government’s popularity will take years to resolve, even if construction hits an 80-year high, Finance Minister Chrystia Freeland said …
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(Reuters) – Canada’s Rogers Communications said on Thursday it is pricing in a C$3 billion ($2.19 billion) bond offering to repay short-term debt and other borrowings. Rogers is selling its …
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TORONTO (Reuters) – The head of Canada’s banking regulator said on Thursday its mortgage stress test was “imperfect” and “incomplete” as homeowners on a variable rate mortgages struggle to repay …
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TORONTO (Reuters) – Canadian economic activity expanded in August, rebounding after a contraction in the previous month, Ivey Purchasing Managers Index (PMI) data showed on Thursday. The seasonally adjusted PMI …
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Canada’s largest pension fund trims staff as it puts China deals on hold – sources
by Reutersby ReutersBy Julie Zhu and Kane Wu HONG KONG (Reuters) – CPP Investments, Canada’s biggest pension fund, has laid off at least five investment professionals at its Hong Kong office as …