Business

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. Canada's banks are gearing up to release their latest quarterly results amid a volatile backdrop that includes soaring inflation, rising interest rates, housing risks and a stock market selloff, and analysts are anticipating a tempered second quarter after a very solid Q1. CANADIAN PRESS/Adrien Veczan

Canadian banks gear up to report tempered Q2 results after a stellar Q1

Canadian banks gear up to report tempered Q2 results after a stellar Q1

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. Canada's banks are gearing up to release their latest quarterly results amid a volatile backdrop that includes soaring inflation, rising interest rates, housing risks and a stock market selloff, and analysts are anticipating a tempered second quarter after a very solid Q1. CANADIAN PRESS/Adrien Veczan
Homes are pictured in Vancouver on April 16, 2019. Canadian mortgage brokers say homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise. THE CANADIAN PRESS/Jonathan Hayward

Interest in mortgages from alternative lenders up as rates rise: Brokers

Interest in mortgages from alternative lenders up as rates rise: Brokers

Homes are pictured in Vancouver on April 16, 2019. Canadian mortgage brokers say homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise. THE CANADIAN PRESS/Jonathan Hayward
Maude Financial team of advisors and employees in front of Maude Financial Inc., in Wetaskiwin, Alta. (Shaela Dansereau/ Pipestone Flyer)

Wetaskiwin family financial business celebrates 40 years serving the community

Maude Financial has been operating for 40 years in Wetaskiwin

Maude Financial team of advisors and employees in front of Maude Financial Inc., in Wetaskiwin, Alta. (Shaela Dansereau/ Pipestone Flyer)

‘Late to the party’: Seasonal businesses face hiring struggle amid low jobless rate

‘Late to the party’: Seasonal businesses face hiring struggle amid low jobless rate

The logo of the World Economic Forum is seen on a window in front of Davos platz village, at the 51st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, on Sunday, May 22, 2022. (Laurent Gillieron/Keystone via AP)

Zelenskyy urges ‘maximum’ sanctions on Russia in Davos talk

Zelenskyy urges ‘maximum’ sanctions on Russia in Davos talk

The logo of the World Economic Forum is seen on a window in front of Davos platz village, at the 51st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, on Sunday, May 22, 2022. (Laurent Gillieron/Keystone via AP)
A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Monday, May 23, 2022. Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market Friday. (AP Photo/Kin Cheung)

US stocks gain ground following 7 straight weeks of losses

US stocks gain ground following 7 straight weeks of losses

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Monday, May 23, 2022. Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market Friday. (AP Photo/Kin Cheung)
Bucars RV Centre general manager Jeff Redmond with new recreational vehicles on his lot in Balzac, Alta. on Tuesday, May 17, 2022. With gasoline prices hitting all-time highs, Redmond says he’s planning to stay closer to home when RV camping this summer. But he adds recreational vehicles are still one of the most affordable ways to travel as a couple or with a family once other costs are factored in. THE CANADIAN PRESS/Todd Korol

‘Still going’: Some RVers say high gasoline prices could keep them closer to home

Some RVers plan longer stays at their destination to make costs worthwhile

Bucars RV Centre general manager Jeff Redmond with new recreational vehicles on his lot in Balzac, Alta. on Tuesday, May 17, 2022. With gasoline prices hitting all-time highs, Redmond says he’s planning to stay closer to home when RV camping this summer. But he adds recreational vehicles are still one of the most affordable ways to travel as a couple or with a family once other costs are factored in. THE CANADIAN PRESS/Todd Korol
A technician stands at the entrance to a Huawei 5G data server centre at the Guangdong Second Provincial General Hospital in Guangzhou, in southern China’s Guangdong province on Sept. 26, 2021. Senior government officials say the Liberals have decided to ban Chinese the vendor Huawei Technologies from Canada’s long-awaited blueprint for next-generation mobile networks. THE CANADIAN PRESS/AP-Ng Han Guan

Canada banning China’s Huawei Technologies, ZTE from 5G telecom networks

Providers who already have this equipment installed will be required to cease its use and remove it

A technician stands at the entrance to a Huawei 5G data server centre at the Guangdong Second Provincial General Hospital in Guangzhou, in southern China’s Guangdong province on Sept. 26, 2021. Senior government officials say the Liberals have decided to ban Chinese the vendor Huawei Technologies from Canada’s long-awaited blueprint for next-generation mobile networks. THE CANADIAN PRESS/AP-Ng Han Guan
A woman walks through Toronto's financial district on Monday, July 30, 2018. THE CANADIAN PRESS/Graeme Roy

Women held 19% of board seats in 2019, up from 18% in 2018: StatCan

Women held 19% of board seats in 2019, up from 18% in 2018: StatCan

A woman walks through Toronto's financial district on Monday, July 30, 2018. THE CANADIAN PRESS/Graeme Roy
A group of men walk past the Toronto-Dominion Centre on Wellington Street in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

Sea of red takes over North American stock markets on negative sentiment

Sea of red takes over North American stock markets on negative sentiment

A group of men walk past the Toronto-Dominion Centre on Wellington Street in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler
Staff work in a marijuana grow room that can be viewed by at the new visitors centre at Canopy Growth facility in Smiths Falls, Ont. on Thursday, Aug. 23, 2018. Canopy Growth Corp. says it has signed a deal that will give it the right to acquire California cannabis company Jetty Extracts, if the U.S. legalizes the main ingredient in pot at a federal level. THE CANADIAN PRESS/Sean Kilpatrick

Pot company Canopy Growth shares plan to acquire California’s Jetty Extracts

Pot company Canopy Growth shares plan to acquire California’s Jetty Extracts

Staff work in a marijuana grow room that can be viewed by at the new visitors centre at Canopy Growth facility in Smiths Falls, Ont. on Thursday, Aug. 23, 2018. Canopy Growth Corp. says it has signed a deal that will give it the right to acquire California cannabis company Jetty Extracts, if the U.S. legalizes the main ingredient in pot at a federal level. THE CANADIAN PRESS/Sean Kilpatrick
Riders and their horses pass through a canola field as they take an afternoon trail ride near Cremona, Alta., Tuesday, July 19, 2016. THE CANADIAN PRESS/Jeff McIntosh

China lifts restrictions on Canadian canola: Ottawa announces

China lifts restrictions on Canadian canola: Ottawa announces

Riders and their horses pass through a canola field as they take an afternoon trail ride near Cremona, Alta., Tuesday, July 19, 2016. THE CANADIAN PRESS/Jeff McIntosh
The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. Experts say there are a number of similarities between today's hot inflation and that of the 1970s, which led to double-digit interest rates in the 1980s.THE CANADIAN PRESS/Adrian Wyld

Experts see parallels between 1970s inflation crisis and today

Experts see parallels between 1970s inflation crisis and today

The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. Experts say there are a number of similarities between today's hot inflation and that of the 1970s, which led to double-digit interest rates in the 1980s.THE CANADIAN PRESS/Adrian Wyld
BlackBerry's headquarters in Waterloo, Ont. is shown on Wednesday June 22 , 2016. THE CANADIAN PRESS/Eduardo Lima

BlackBerry forecasting annual revenues nearly doubling in five years

BlackBerry forecasting annual revenues nearly doubling in five years

BlackBerry's headquarters in Waterloo, Ont. is shown on Wednesday June 22 , 2016. THE CANADIAN PRESS/Eduardo Lima
Vaping devices are displayed at a store in New York, Thursday, Jan. 2, 2020. The Canadian government is in the midst of reviewing the legislation that legalized vaping for the first time since it was passed in 2018, and appears to be veering away from the narrow path between treating vapes as a harm reduction tool and danger in and of itself. THE CANADIAN PRESS/AP-Mary Altaffer

Government’s changing vape strategy shifts focus away from cigarettes, advocates fear

Government’s changing vape strategy shifts focus away from cigarettes, advocates fear

Vaping devices are displayed at a store in New York, Thursday, Jan. 2, 2020. The Canadian government is in the midst of reviewing the legislation that legalized vaping for the first time since it was passed in 2018, and appears to be veering away from the narrow path between treating vapes as a harm reduction tool and danger in and of itself. THE CANADIAN PRESS/AP-Mary Altaffer
Tim Hortons and Justin Bieber are back with a new French vanilla-flavoured coffee. Biebs Brew is the pop star's rendition of the coffee chain's cold brew coffee. The chilled coffee will be released June 6 alongside a limited-edition, stainless steel tumbler co-created by the Canadian performer. THE CANADIAN PRESS/HO-Tim Hortons **MANDATORY CREDIT**

Tim Hortons reprises marketing collaboration with Justin Bieber, launches Biebs Brew

Tim Hortons reprises marketing collaboration with Justin Bieber, launches Biebs Brew

Tim Hortons and Justin Bieber are back with a new French vanilla-flavoured coffee. Biebs Brew is the pop star's rendition of the coffee chain's cold brew coffee. The chilled coffee will be released June 6 alongside a limited-edition, stainless steel tumbler co-created by the Canadian performer. THE CANADIAN PRESS/HO-Tim Hortons **MANDATORY CREDIT**
FILE - Part of the Twitter page of Elon Musk is seen on the screen of a computer in Sausalito, Calif., on Monday, April 25, 2022. The Tesla CEO gave the strongest hint yet Monday, May 16, 2022, that he would like to pay less for Twitter than his $44 billion offer made the previous month. (AP Photo/Eric Risberg, File)

Musk wars with Twitter over his buyout deal – on Twitter

Musk wars with Twitter over his buyout deal - on Twitter

FILE - Part of the Twitter page of Elon Musk is seen on the screen of a computer in Sausalito, Calif., on Monday, April 25, 2022. The Tesla CEO gave the strongest hint yet Monday, May 16, 2022, that he would like to pay less for Twitter than his $44 billion offer made the previous month. (AP Photo/Eric Risberg, File)
A man watches the financial numbers at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

North American stock markets rally as strong U.S. retail sales offset inflation angst

North American stock markets rally as strong U.S. retail sales offset inflation angst

A man watches the financial numbers at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese
A sign at a gas station displays the price of a litre of regular grade gasoline after it reached a new high of $2.28 in Vancouver on Saturday, May 14, 2022. Gasoline prices are showing no signs of letting up as the average price in Canada tops $2 a litre.THE CANADIAN PRESS/Darryl Dyck

Closer travel spots gain appeal as average gas price tops $2 a litre for first time

Closer travel spots gain appeal as average gas price tops $2 a litre for first time

A sign at a gas station displays the price of a litre of regular grade gasoline after it reached a new high of $2.28 in Vancouver on Saturday, May 14, 2022. Gasoline prices are showing no signs of letting up as the average price in Canada tops $2 a litre.THE CANADIAN PRESS/Darryl Dyck
President Joe Biden speaks in the Rose Garden of the White House in Washington, Friday, May 13, 2022, during an event to highlight state and local leaders who are investing American Rescue Plan funding. (AP Photo/Andrew Harnik)

US allows more baby formula imports to fight shortage

US allows more baby formula imports to fight shortage

President Joe Biden speaks in the Rose Garden of the White House in Washington, Friday, May 13, 2022, during an event to highlight state and local leaders who are investing American Rescue Plan funding. (AP Photo/Andrew Harnik)