Insurers brace for billions in losses from California wildfires
Insurers are bracing for losses of as much as US$10 billion from wildfires in Los Angeles after blazes ravaged some of the ...
BMO CEO says Canadian businesses facing more uncertainty than U.S. counterparts
Trump this week reiterated his stance to stick to placing tariffs on Canada, something that surprised Royal Bank of Canada ...
Wall Street expects to shed 200,000 jobs as AI erodes human roles
Global banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence (AI) encroaches on tasks currently carried out by human workers, according to ...
Political turmoil could derail Pathways Alliance carbon capture project: experts
Heather Exner-Pirot, special advisor on energy to the Business Council of Canada, said the problem for Pathways is that with polls showing the Conservatives are likely to win an upcoming federal ...
Posthaste: How the stock market can tank when you least expect it
Recession is the most common driver of significant losses in the stock market; you only have to look as far back as 2020 and 2008 to see that. But today with no signs of a slowdown on the horizon and ...
British Swim School Founder Rita Goldberg Passes Away, Leaving a Remarkable 40-Year Legacy of Water Safety
Rita Goldberg founded British Swim School in 1981 in Manchester, England. Channeling her drive, resilience and charm, she was determined to conquer all the naysayers and local bureaucracy of the time ...
Energy minister warns Trump against energy trade war
Donald Trump’s claim that the United States doesn’t need anything from Canada is “simply false,” said Jonathan Wilkinson, ...
Your 10 Must-do Chinese New Year Activities in Hong Kong: Ring in the Year of the Snake with Unmissable Festive Surprises
Hong Kong has long been one of the world’s best places to celebrate Chinese New Year. And with the Year of the Snake right around the corner, the city is getting ready to welcome travellers with a ...
RBC partners with Cohere to develop AI financial platform
Royal Bank of Canada (RBC) says it has partnered with Cohere Inc. to develop generative artificial intelligence (AI) products for the financial industry. It says the partnership will help create more ...
Opinion
Philip Cross: Justin Trudeau’s failed vision for Canada
Few of Trudeau’s policies had the significant benefits promised for them. Deficit spending failed to boost incomes. The federal carbon tax did not reduce emissions: oil and gas production reached ...
Northleaf Capital joins Altor Equity in CCM Hockey deal
Canadian investment firm Northleaf Capital Partners has partnered with Swedish private equity firm Altor Equity Partners to invest in CCM Hockey. Financial terms of the agreement were not disclosed.
Putman Investments acquires clothing retailer Northern Reflections
Putman Investments says it has acquired clothing retailer Northern Reflections. Financial terms of the deal were not disclosed. Northern Reflections has 134 stores across nine provinces and employs ...