CEO John Chen out at BlackBerry as company prepares to divide business
WATERLOO, ONT. — After a decade at the helm of BlackBerry Ltd. CEO and executive chairman John Chen will retire from the company at the...
Inflation: Bank of Canada holds key interest rate steady
OTTAWA - The Bank of Canada held its overnight rate at five per cent on Wednesday, as Canada’s economy continues to slow and there...
Inflation dips, Scotiabank cuts workforce and Toronto’s The One put into receivership: Business and investing news for October 22
Open this photo in gallery:The ChatGPT logo in an illustration.DADO RUVIC/ReutersGetting caught up on a week that got away? Here’s your weekly digest of the...
Why Canadian banks are cutting jobs
Breadcrumb Trail LinksBankingMore layoffs to come as banks deal with challenging economic environmentPublished Oct 23, 2023 • Last updated 5 days ago • 3 minute read...
Bank of Canada’s Tiff Macklem: 10 quotes from today’s interest rate announcement
The Bank of Canada held interest rates steady at 5 per cent on Wednesday in a widely anticipated decision. But central bank also said inflationary...
Israel-Hamas war is affecting financial outlooks of these companies
The 'Rhapsody of the Seas' cruise liner carrying US citizens leaves the Israeli port of Haifa to be evacuated to the Mediterranean island of Cyprus...
Hot new Canada oil play draws drillers seeking greener crude
Article contentA hot spot for Canadian oil drillers is emerging in a tiny corner of eastern Alberta, drawing companies including Canadian Natural Resources Ltd. and...
Alarm bells are ringing: What markets are trying to warn us about the economy
Financial markets are not the economy and the economy is not financial markets. But it's often said that they're both afraid of the same things....
What’s driving banking job layoffs in Canada?
Job layoffs across the banking industry have been making headlines in recent weeks, but what exactly is driving the cuts, and where are things...
As Teck weighs offers for coal business, likelihood of regulatory approval a factor
The head of Teck Resources Ltd. says he will only accept a bid for the company's steelmaking coal business if he feels confident Canadian regulators...