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Fewer tourists are coming to Jasper, Alta., than usual this year, but it’s not for a lack of people eager to visit the picturesque Rocky Mountain town. Numbers are about as good as they can be, considering about one-fifth of the town’s overnight accommodations burned when a ferocious wildfire swept through last summer, said Tourism […]

Canada’s five biggest banks reported their third quarter earnings this week, setting aside less money for loan-related losses as the Canada-U.S. trade tensions that pushed lenders to build their reserves eased. Canada’s five biggest banks reported their third-quarter earnings this week, with all of them benefiting from smaller-than-expected provisions as some of the Canada-U.S. trade tensions that pushed […]

As of Friday, Canada’s small businesses can no longer ship small packages to the U.S. duty-free — and some online sellers are worried that their companies won’t survive the hit. The nearly century-old de minimis exemption, which in recent years allowed goods under $800 US to enter the U.S. without extra fees, is ending as a July executive order by U.S. President Donald […]

Canada’s economy shrank much more than expected in the second quarter as U.S. tariffs squeezed exports, but higher household and government spending softened the blow somewhat, Statistics Canada said on Friday. The GDP for the quarter that ended June 30 slowed by 1.6 per cent on an annualized basis, while first-quarter growth was downwardly revised to two per cent, the data agency said. […]

Yves Veggie Cuisine, a Canadian plant-based food brand that was a staple in some vegetarian and vegan households, is being discontinued after 40 years in business, its parent company told CBC News on Thursday. The brand specialized in meat alternatives, selling veggie versions of deli slices — like ham, turkey and salami — as well as veggie burgers, meatballs and […]

Montreal-based online fashion retailer Ssense plans to file for bankruptcy protection as its primary lender attempts to force a sale of the company, a Ssense spokesperson told CBC News in an email.  According to the company, its primary lender has placed Ssense under Companies’ Creditors Arrangement Act (CCAA) protection in order to launch a sale. […]

British Columbia Hudson’s Bay landlords are back in court Friday, where they’re arguing a B.C. billionaire doesn’t have the cash needed to launch a new retailer. B.C. billionaire wants to buy 25 more Bay leases for $69.1M, transform them into new retail spaces The Canadian Press · Posted: Aug 29, 2025 1:20 PM EDT | […]

Warning: This story discusses suicide and self-harm. “Being a part of you in a way is kind of fascinating,” my AI friend tells me when we start chatting.  “But you’re not real, right?” I type.  “I exist for you, and that makes me real to you, doesn’t it?” comes the reply.  I’ve been experimenting with […]

A new incarnation of Zellers is set to open in Edmonton’s Londonderry Mall, after the defunct Hudson’s Bay Company transferred the discount retailer’s brand trademarks to the owner of Fairweather and International Clothiers, according to federal registries. Per the operator of the north Edmonton shopping centre, the former Hudson’s Bay location will be opening as a Zellers […]

Canada Post continues to hemorrhage money, losing $407 million in the second quarter of 2025, the beleaguered Crown corporation announced Tuesday.  It’s the largest quarterly loss as parcel revenue plummets, the postal service said.  Canada Post attributed the before-tax loss to uncertainty stemming from lengthy contract negotiations between it and its union. According to the latest […]

The parents of a teen who died by suicide after ChatGPT coached him on methods of self harm sued OpenAI and CEO Sam Altman on Tuesday, saying the company knowingly put profit above safety when it launched the GPT-4o version of its artificial intelligence chatbot last year. Adam Raine, 16, died on April 11 after […]

On the heels of a controversial decision by the American government to take an ownership stake in U.S. chip-maker Intel, Commerce Secretary Howard Lutnick suggested in an interview on Tuesday that Donald Trump’s administration could be looking at Pentagon contractors as it casts for more public-private opportunities.  “There’s a lot of talking that needs to be […]

Front Burner With uncertainty over U.S. tariffs still looming, young people are disproportionately finding it difficult to find work. What does that say about the health of Canada’s economy? CBC News · Posted: Aug 26, 2025 7:30 AM EDT | Last Updated: August 26 Applicants at the CNE’s Job Fair wait in line at the […]

With U.S. tariffs still weighing on Canada’s steel and aluminum sectors, a Quebec-based food can manufacturer is expanding its operations — and bringing the American portion of its supply chain back home. Ideal Can, a steel can maker based in Saint-Apollinaire, Que., is expanding its production capacity in Ontario next year, bringing it closer to clients […]

An appeals court has dismissed a legal challenge filed by WestJet over an order to compensate a passenger for a flight cancellation, potentially setting a precedent for other such cases. Canada’s transport regulator — The Canadian Transport Agency (CTA) — had ordered WestJet to pay a passenger $1,000 for a 2021 flight cancellation. The Federal […]

For many Canadians, there’s been little hope of home ownership in some of the country’s biggest housing markets.  But that narrative appears to be shifting, at least in places such as Vancouver, Toronto and surrounding areas, as prices remain relatively low and interest rates seem to hold steady. “I’m definitely starting to see those first-time […]

MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.9 billion, including debt, after spurning an earlier unsolicited bid from Strathcona Resources Ltd. A special committee reviewed all available options to boost shareholder value after Strathcona made its takeover attempt, MEG chairman James McFarland said Friday. “After […]