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Nordstrom closing all of its Canadian stores, cutting 2,500 jobs
TORONTO — Nordstrom Inc. is closing all of its Canadian stores and cutting 2,500 jobs as it winds down operations in the country.
Mar 2, 2023 3:20 PM
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S&P/TSX composite closes higher on lift from Wall Street relief rally
Canada's main stock index got a lift from rising U.S. markets Thursday, closing higher in spite of weakness in the financials sector. The S&P/TSX composite index was up 77.43 points at 20,337.21.
Mar 2, 2023 2:59 PM
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Indigo refuses to pay ransom, warns stolen employee data may be posted to dark web
Canada's biggest bookstore chain is warning employees that data stolen in a cyberattack may be posted on the so-called dark web after it refused to pay a ransom demand
Mar 2, 2023 1:29 PM
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'Our reality:' Finance minister wants review of Alberta's volatile revenue structure
CALGARY — Alberta's finance minister says he would like to see a panel formed within the next year and a half to address the province's often volatile revenue structure.
Mar 2, 2023 1:10 PM
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Crescent Point continues to grow production in Kaybob Duvernay
CALGARY — Crescent Point Energy Corp. says its $900-million acquisition of Shell Canada's Kaybob Duvernay assets in 2021 has performed so well that the assets will have paid for themselves by the end of the first quarter of 2023.
Mar 2, 2023 12:01 PM
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PBO forecasts economy to grow 1% this year, expects Bank of Canada to hold rates
OTTAWA — The Parliamentary Budget Office has trimmed its forecast for economic growth this year. The PBO's latest economic and fiscal outlook predicts the economy will grow by 1.0 per cent this year followed by 1.6 per cent in 2024.
Mar 2, 2023 11:47 AM
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Canadian Natural Resources' Q4 profit down from year ago; extreme cold affects output
CALGARY — Canadian Natural Resources Ltd.'s profits took a hit in the fourth quarter of 2022 as extreme winter weather forced the oilsands giant to reduce production. The Calgary-based company reported Thursday that it earned $1.52 billion or $1.
Mar 2, 2023 11:12 AM
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Industry urges Ottawa to expand trusted traveller program ahead of summer season
TORONTO — An industry coalition is calling on Ottawa to broaden its trusted traveller pilot program and roll it out across the country.
Mar 2, 2023 10:50 AM
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DesRosiers says February auto sales up 5.1 per cent from a year earlier
TORONTO — DesRosiers Automotive Consultants Inc. says light vehicle sales in Canada were up 5.1 per cent in Februrary from a year earlier. The automotive industry research firm estimates 103,771 new light vehicles were sold in the month.
Mar 2, 2023 9:59 AM
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Greater Vancouver home sales up 77% from Jan., down 47% from last year: board
VANCOUVER — The Real Estate Board of Greater Vancouver says February's home sales were up 76.9 per cent from January, but down 47.2 per cent from the year before.
Mar 2, 2023 8:55 AM
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