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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.
Feb 6, 2023 11:40 AM
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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.
Feb 6, 2023 11:26 AM
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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.
Feb 6, 2023 11:08 AM
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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.
Feb 6, 2023 10:21 AM
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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.
Feb 6, 2023 8:42 AM
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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.
Feb 6, 2023 8:33 AM
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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.
Feb 6, 2023 8:10 AM
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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.
Feb 6, 2023 6:56 AM
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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.
Feb 6, 2023 6:49 AM
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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.
Feb 6, 2023 6:37 AM
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