A bankruptcy and insolvency court in Halifax granted Chester Basin Seafoods more time to restructure late last week in order to save its business exporting silver hake, a relative of cod.The order approved a loan from the company founder to get two of its...
JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the largest U.S....
Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and laid the groundwork for a future orchid business.The Edmonton-based pot business revealed Thursday that its...
Former senior executives of Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than $128 million US in unpaid severance payments.Twitter's former CEO Parag Agrawal, chief financial officer Ned Segal, chief...
A high-profile Toronto condominium project that has been plagued with delays and setbacks for almost a decade has been placed into receivership by its biggest lender, refusing to foot the bill for $1.6 billion in unpaid debts until...
Canada's merger court has ordered the Competition Bureau to pay about $13 million to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to block the telecom firms' $20-billion merger.The Competition Tribunal, in a...
Olu Awoseyi remembers that sinking feeling after boarding a plane that he didn't have his three-month-old, pricey Samsung phone. Awoseyi, his wife and two children were returning from a vacation from Punta Cana, Dominican Republic. They had just taken...
The unions representing hundreds of thousands of public sector workers who walked off the job today have announced three more strike days planned for Nov. 21 to 23 unless a deal can be reached before then. About 420,000 public sector...
Finance Minister Chrystia Freeland has approved RBC's $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition.Freeland's approval was the last hurdle for the deal after the...
The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without a boost to housing supply.In a speech in Windsor,...
