The Jasper wildfire could cost the insurance industry up to $700 million, making it one of the most expensive wildfire disasters in Canadian history, DBRS Morningstar said Friday. In a new
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The boycott of Loblaw stores in May had only a “minor” financial impact on Canada’s largest grocers, according to the company’s CEO. Loblaw Co. Ltd. reported second-quarter earnings on Thursday,
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Canadians with mortgages and those gearing up for a run at the housing market have plenty of decisions to make after back-to-back interest rate cuts from the Bank of Canada.
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The Bank of Canada cut its benchmark interest rate by a quarter of a percentage point on Wednesday, the second straight reduction in the central bank’s easing cycle. The Bank
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Used car prices in Canada are coming down from last year’s peaks thanks to a surge in inventory and buyers shifting back to the new vehicle market, according to a
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Descrease article font size Increase article font size Legal tech company Clio said on Tuesday it had raised US$900 million in an investment round led by venture capital firm New
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Doing business across provincial lines is starting to get easier but progress is slow, says the Canadian Federation of Independent Business. In a report released Tuesday, the CFIB says it’s
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The Bank of Canada is set to deliver its next interest rate decision on Wednesday as many economists and market watchers expect a second consecutive cut in borrowing costs. The
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Descrease article font size Increase article font size Insurance-focused conglomerate Fairfax Financial on Monday agreed to buy retailer Sleep Country Canada Holdings in a deal valued at C$1.7 billion ($1.24
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Descrease article font size Increase article font size Air Canada cut its full-year core profit forecast on Monday, as over-capacity in certain markets and competition on international routes impacted its
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