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CATEGORY

Business

Business

“Toys “R” Us Canada Approved for Business Split and Sale”

Jack Penrose -
An Ontario court has granted Toys "R" Us Canada approval to divide and sell the business to three buyers, which includes its current owner...
Business

“Canada Sees Surge in Electric Vehicle Sales Amid Rising Gas Prices and Incentives”

Jack Penrose -
Electric vehicle (EV) sales in Canada are experiencing a surge, thanks to a combination of high gas prices and renewed government incentives. Statistics Canada...
Business

Toys “R” Us Canada Owner Seeks Asset Acquisition

Jack Penrose -
The owner of Toys "R" Us Canada is seeking to acquire certain assets of the retailer to either sustain the chain or transform the...
Business

“Alberta’s First Solar Panel Recycling Fee Sparks Industry Backlash”

Jack Penrose -
Alberta's decision to implement the first recycling fee on solar panels in Canada has sparked backlash from the renewable energy sector. Industry leaders are...
Business

“Canada Post and Union Reach Milestone Collective Agreements”

Jack Penrose -
Canada Post announced on Thursday the official signing of new collective agreements with the Canadian Union of Postal Workers (CUPW). The deal, ratified by...
Business

“Canadian Auto Union Gears Up for Historic Labor Talks”

Jack Penrose -
Amid challenges like U.S. tariffs impacting local automakers and uncertainties surrounding trade talks and the growing presence of Chinese electric vehicles in Canada, the...
Business

“Rising Ticket Prices Fuel ‘Blue Dot Fever’ in Concert Industry”

Jack Penrose -
Fans are discussing a phenomenon called "blue dot fever" impacting popular music acts, potentially due to the high cost of tickets. The term originates...
Business

“Wealthsimple to Launch Prediction Markets for Canadian Investors”

Jack Penrose -
Wealthsimple, a Toronto-based online financial services company, is set to introduce prediction markets to Canadian retail investors this summer. The company is currently beta...
Business

“Tech Firms Struggle with Escalating Costs of Internal AI Usage”

Jack Penrose -
Tech companies heavily reliant on internal AI usage are now facing challenges due to the escalating costs associated with intensive AI utilization. Uber recently...
Business

“Federal Reserve Holds Rates, Hints at 2026 Hike”

Jack Penrose -
The Federal Reserve opted to maintain interest rates on Wednesday, signaling a potential increase in borrowing costs later in the year due to mounting...
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