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Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

The outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession, experts said.
Ontario cannabis shop sales data circulating, provincial pot regulators investigate

Ontario cannabis shop sales data circulating, provincial pot regulators investigate

TORONTO — Ontario cannabis stores are seeing their sales data shared among competitors without approval for at least the second time in a year, sparking concerns for shops competing in an already intense industry.
Google notifying Canadian employees impacted by global layoff of 12,000 workers

Google notifying Canadian employees impacted by global layoff of 12,000 workers

TORONTO — Google says Canadian employees affected by recently announced job cuts are being told today whether they have been laid off.
Ohio authorities plan "controlled release" of toxic material

Ohio authorities plan "controlled release" of toxic material

EAST PALESTINE, Ohio (AP) — Authorities in Ohio say they plan to release toxic chemicals from five cars of a derailed train in Ohio to reduce the threat of an explosion. Ohio Gov.
S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

TORONTO — Canada's main stock index was down in late-morning trading as losses in the base metals sector helped lead stocks lower, while U.S. stock markets also fell to start the week. The S&P/TSX composite index was down 82.08 points at 20,676.
Hudson's Bay to close two Alberta department stores this summer amid 'market changes'

Hudson's Bay to close two Alberta department stores this summer amid 'market changes'

EDMONTON — Hudson's Bay is shuttering two department stores in Alberta, saying the decision reflects market changes and the company's vision for the future.
First Quantum says copper loading suspended at Cobre Panama port

First Quantum says copper loading suspended at Cobre Panama port

TORONTO — First Quantum Minerals Ltd. says the Panamá Maritime Authority has suspended loading operations of copper concentrate at the port for its Cobre Panama mine.
Gloomy economic outlook, elevated mortgages drag down 2023 B.C. housing market: BCREA

Gloomy economic outlook, elevated mortgages drag down 2023 B.C. housing market: BCREA

VANCOUVER — The British Columbia Real Estate Association says the chill across the province's property sector will drag on through this year, but it calls for a strong rebound in 2024.
Wall Street opens lower ahead of more earnings reports

Wall Street opens lower ahead of more earnings reports

NEW YORK (AP) — Stocks are opening lower on Wall Street as markets face more earnings reports from big U.S. companies.
Uber relaunches ride share option in some Canadian cities under new name

Uber relaunches ride share option in some Canadian cities under new name

Uber Technologies Inc. says it is bringing its shared rides offering back to Canada with a new name. The ride-hailing giant says Toronto, Montreal and Vancouver will get access to UberX Share later this week.
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