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Retailers are in trouble and there's more to come: insolvency, restructuring experts
The fall of Hudson's Bay and Saks Fifth Avenue Canada may give the impression that one of the hottest trends this year is the distressed look, but retail and insolvency experts say the company's demise is part of a now-annual pitter-patter they expec
Jun 18, 2025 2:00 AM
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B.C. mall owner offers $6 million for three Hudson's Bay leases: court documents
The B.C. mall owner hoping to buy dozens of Hudson's Bay leases has offered $6 million to take over three locations in malls that she owns, describing it as just the beginning of a new department store empire.
Jun 17, 2025 6:21 PM
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Trump will sign an order extending deadline for TikTok's Chinese owner to sell app
WASHINGTON (AP) — President Donald Trump will sign an executive order this week to extend a deadline for TikTok's Chinese owner to divest the popular video sharing app, the White House announced Tuesday.
Jun 17, 2025 5:09 PM
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Environment minister says consumer rebates for EVs will return
OTTAWA — The federal government intends to bring back consumer rebates for electric vehicles but doesn't yet quite know what they'll look like, Environment Minister Julie Dabrusin said on Tuesday.
Jun 17, 2025 5:06 PM
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Teck receives provincial certificate for to extend B.C. Interior copper mine
Vancouver-based mining company Teck Resources says it has received an environmental assessment certificate from the B.C. government to extend the life of the Highland Valley Copper Mine.
Jun 17, 2025 4:46 PM
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G7 members agree to increase public sector use of AI, collaborate on quantum
OTTAWA — G7 countries pledged Tuesday to increase adoption of artificial intelligence, including in the public sector and among smaller businesses, while also promising to promote investment in emerging quantum technologies.
Jun 17, 2025 4:19 PM
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Senate passes crypto regulations, sends to House without addressing Trump's investments
WASHINGTON (AP) — The Senate passed legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what the industry hopes will be a wave of bills to bolster its legitimacy and reassure consumers.
Jun 17, 2025 4:04 PM
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Some N.S. municipalities who voted for pause on uranium get letters from premier
HALIFAX — After at least two Nova Scotia municipalities voted in favour of asking the provincial government to slow down on its uranium exploration plans, their offices received several-page-long letters from Premier Tim Houston saying the province n
Jun 17, 2025 3:24 PM
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S&P/TSX composite down, U.S. stocks also lower on fears of conflict escalation
TORONTO — Canada's main stock index closed down despite strength in the energy sector, while U.S. markets also moved lower over rising fears that the conflict between Israel and Iran could escalate.
Jun 17, 2025 3:04 PM
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Dow drops nearly 300 after oil prices jump as Trump urges Iran's unconditional surrender
NEW YORK (AP) — U.S. stocks slumped under the weight of a jump for the price of oil. The S&P 500 fell 0.8% Tuesday following signals that Israel’s conflict with Iran may be worsening and that one of the U.S. economy’s main engines is weakening.
Jun 17, 2025 2:05 PM
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