Discover the news in finance
- Five things to watch for in the Canadian business world in the coming weekon 1 August 2021 at 14h31
This week in Canadian business news, Great-West Lifeco will kick off the major insurers' Q2 earnings on Tuesday, Statistics Canada is scheduled to release its Labour Force Survey for July and BCE Inc. and Magna International Inc. are among the companies holding their Q2 conference calls.
- Canadian companies seeing venture capital funding boom, interest in fintechs highon 1 August 2021 at 14h20
Canadian companies trying to drum up venture capital during the COVID-19 pandemic raised billions more in the first half of this year than they did in previous years.
- CP urges Kansas City Southern shareholders to oppose CN takeover next monthon 30 July 2021 at 18h00
Canadian Pacific Railway Ltd. is urging Kansas City Southern shareholders to vote against the proposed merger with Canadian National Railway Co. because of the regulatory uncertainty of its rival's US$33.6-billion bid.
- Tim Hortons' sales climb but coffee chain faces labour pressure, higher costson 30 July 2021 at 17h43
The parent company of Tim Hortons says profits more than doubled in its second quarter as revenues across its brands, including Popeyes and Burger King, jumped a whopping 37 per cent.
- MyPillow advertiser shunning Fox for refusal to air adon 30 July 2021 at 17h28
One of Fox News' most visible advertisers, Mike Lindell and his MyPillow line of products, has pulled commercials from the network over a refusal to air an ad promoting discredited claims of election fraud.
- Lumber prices have plunged, but experts don't expect them to go back to pre-pandemic levelson 30 July 2021 at 16h42
While lumber prices have plunged in recent weeks, industry experts say increased demand and limited supply will keep the cost of softwood lumber above pre-pandemic levels for years to come.
- Copyright collective can't force tariffs on university, Supreme Court ruleson 30 July 2021 at 16h17
A copyright collective cannot force York University to pay fees for the use of published works in the classroom, given that the school bowed out of a formal arrangement, the Supreme Court of Canada has ruled.
- Air Transat returns to skies with first commercial flight in six monthson 30 July 2021 at 14h28
Air Transat returned to the skies Friday with its first commercial flights after six months of inactivity due to travel restrictions caused by the COVID-19 pandemic.
- North American stock markets close loweron 30 July 2021 at 10h30
Canada's main stock index lost ground in the final day of trading in July as some commodities dropped, but North American stock markets in general finished the month with positive numbers.
- Statistics Canada says economy appears to have grown in second quarteron 30 July 2021 at 8h59
The Canadian economy appears to have bounced back after its worst two-month stretch since the start of the pandemic, eking out a gain in June and growth in the second quarter of the year.