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Brand firm takes controlling stake in Toys R Us parent
NEW YORK — A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the parent company of the iconic Toys R Us and Babies R Us brands.
Mar 15, 2021 11:34 AM
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CREA expects record home sales this year as market remains strong
The Canadian Real Estate Association is predicting home sales will be so strong they'll reach record highs this year, before starting to cool in 2022.
Mar 15, 2021 10:48 AM
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Statistics Canada says manufacturing sales rose 3.1 per cent in January
OTTAWA — Canadian manufacturing sales beat expectations as they rose 3.1 per cent to $56.2 billion in January to top their pre-pandemic mark set in February 2020 for the first time. Economists on average had expected an increase of 2.
Mar 15, 2021 10:40 AM
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CMHC says annual pace of housing starts in Canada slowed in February
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in February slowed compared with January.
Mar 15, 2021 9:59 AM
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EU takes legal action vs UK over Brexit deal delays
The European Union said Monday it is starting legal action against the United Kingdom, arguing it does not respect the conditions of the Brexit withdrawal agreement and is violating international law.
Mar 15, 2021 9:28 AM
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Attacks on Chinese-run factories in Myanmar vex Beijing
BEIJING — Attacks on Chinese-run factories in Myanmar's biggest city drew demands Monday from Beijing for protection for their property and employees, while many in Myanmar expressed outrage over China's apparent lack of concern for those killed in p
Mar 15, 2021 8:35 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Housing data Two key data points for Canada's housing market are expected Monday.
Mar 14, 2021 10:00 AM
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Corporate head office job losses a 'wake-up call' for Calgary
CALGARY — For the veteran Calgary oilman whose name adorns the downtown Gray Family Eau Claire YMCA, the recent closing of the facility due to falling membership is the “canary in the coal mine” for the Calgary economy.
Mar 14, 2021 10:00 AM
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The Bank of Canada slashed its key rate one year ago. This is how it happened.
OTTAWA — In February 2020, the governor of the Bank of Canada was testing the seal on his N95 face mask by trying to smell the scented gas his security team pumped at him.
Mar 13, 2021 10:00 AM
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Ford recalling 275,000 vehicles in Canada over airbag deficiencies and tires
DEARBORN, Mich. — Ford Motor Co. has issued two safety recalls involving more than 2.6 million vehicles in North America, including nearly 275,000 in Canada, mainly over airbag problems.
Mar 12, 2021 7:25 PM
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