> Hudson’s Bay Co. is facing a formidable but not impossible challenge in contesting government-mandated lockdowns in Toronto and nearby Peel Region that are keeping its stores closed, legal experts say. In documents filed Thursday, HBC called the p…
> RBC Chief Economist Dawn Desjardins talks with Financial Post’s Larysa Harapyn about what it will take to get the economy growing again.
- 'Trouble on the horizon:' Canada's recovery plan not aimed at driving economic growth
- Huge l…
> The Bank of Canada said officially that it could potentially drop the benchmark interest rate below its current setting of 0.25 per cent, while emphasizing that it remains deeply skeptical of negative interest rates. That might not sound like a bi…
> Hudson’s Bay Co. ULC is asking an Ontario court to intervene against the provincial government’s lockdown orders in Toronto and neighbouring Peel Region, arguing that the restrictions were “unreasonable and unfair.” The department store chain, beh…
> Preparing your portfolio for a large market dislocation has long been a solid component of any investing strategy, but I don’t think anyone thought that we would experience a global pandemic along with the accompanying government response of lockdowns. …
> Joe Biden may have opted for a bunch of former Barack Obama officials in many posts so far, but I highly doubt he will go completely back to the old accord with regards to Iran. There will be more teeth attached to any new agreement, of that I am confident. E…
> CALGARY – Canada’s federal government is poised to unveil its long-awaited Clean Fuel Standard by the end of the year, which executives say is concerning for a wide range of industries that may not have sufficient time to make dramatic changes before new regu…
> As Canadian retailers ranging from small shops to major mall anchors struggle to survive the pandemic, there are suggestions the country’s major shopping-centre landlords could take a page out of the playbook in the United States, where rent collectors have t…
> Singapore is set to host the world’s first electric-powered air taxi service by the end of 2023.- Uber sells cash-burning self-driving unit to Aurora to focus on turning a profit
- How Lion Electric scrapped plans for a solo IPO, ju…
> Lightspeed CEO Dax Dasilva talks with the Financial Post’s Larysa Harapyn about the reasons behind the company’s recent acquisitions as the retail and dining landscape shifts.- Pandemic shutdowns the last straw for some Canadian retailers,…
> Fitch Ratings expects Canadian home prices to decline by up to five per cent in 2021, falling back from a surge this year. “We attribute the expected decline to lower demand caused by elevated levels of unemployment and increasing affordability is…
> Jennifer Reynolds is worried. “At the start of the pandemic, women were losing jobs in equal numbers to men, but men have since gone back to work in far greater numbers,” Toronto Finance International’s chief executive said. “About half of women who have not …
> OTTAWA — The Bank of Canada is keeping its key interest rate target on hold at 0.25 per cent. The central bank says it will hold the policy interest rate at the effective lower bound until economic slack is absorbed so that the two per cent inflat…
> Here’s the official statement from the Bank of Canada’s interest rate decision on Wednesday, Dec. 9, 2020: The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of 0.25 per cent, …
> Ronnen Harary, co-founder of Spin Master Ltd., the Toronto-based children’s toy-making entertainment juggernaut famous the world over for its Paw Patrol franchise, blocks off 20 minutes each morning, and another 20 minutes at day’s end, to meditate. …
> Transcontinental Inc.’s response was typical of what we heard from the companies that received the emergency wage subsidy while continuing to give a stipend to shareholders: dividends are close to sacrosanct, while staffing levels depend on economic condition…
> The United States is threatening trade action against Canada after U.S. politicians and industry groups complained Ottawa was not making good on its promise to loosen restrictions on dairy imports. U.S. Trade Representative Robert Lighthizer is se…
> Enbridge Inc. says it will need to be paid a higher “risk premium” to undertake major, capital intensive crude oil pipelines in future. Enbridge chief executive officer Al Monaco told investors during a conference call Tuesday that it has become m…
> Employers are either terrified — or foolish. Various statutes, discussed in previous columns, put them at risk of incarceration or multimillion dollar fines if they play fast and loose with COVID-19 and its potential impact on their employees and …
> A federal banking watchdog says weak spots in the financial system remain more pronounced than usual, but not enough for the regulator to adjust an added reserve required for Canada’s biggest banks. To guard against high levels of consumer debt an…
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- Pandemic shutdowns the last straw for some Canadian retailers,…
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