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Business News
Luxury retailer Ted Baker begins store-closing liquidation sales
Clothing retailers Ted Baker, Brooks Brothers and Lucky Brand have started store-closing clearance sales, Ted Baker Canada announced Friday after the company began insolvency hearings late last month.
RBC poised to outperform rivals thanks to HSBC deal, say analysts
Billionaire businessman Arthur Irving dead at 93
Arthur Irving, the hard-charging New Brunswick billionaire who ran Canada’s largest oil refinery, has died at the age of 93.
Melinda French Gates steps down from charitable foundation that bears her name
Melinda French Gates said on Monday she is stepping down as co-chair of the Bill & Melinda Gates Foundation, one of the largest private charitable organizations in the world.
Canada's next EV supply chain plant landing in Port Colborne, Ont.
The next Ontario community to share in Honda Canada's $15-billion investment to establish a Canadian electric vehicle supply chain will be Port Colborne, in Niagara Region. Company executives are expected to join Prime Minister Justin Trudeau and Ontario Premier Doug Ford at the official announcement on Tuesday.
Posthaste: This province's growth plunged and it's still whomping the rest of Canada
Don't ignore the threat to the loonie that's lurking across the pond, economist warns
Customer who filed complaint against TD Bank refuses to sign gag order to get compensation
After a Toronto-area man said he was misled about the perks of signing up for a TD Bank account, it offered compensation but insisted he sign a non-disclosure agreement to get the money. The increased use of NDAs is a worrisome trend that is stifling freedom of expression, says one legal expert.
Prominent charity serving Black business community paid $1.5M to 2 board members' companies, records show
Some members of a prominent charity for the Canadian Black business community are calling for its board of directors to resign and for a third-party audit after discovering the non-profit paid two former board members’ companies at least $1.5 million for services while they were on the board or CEO of the charity. The Black Business and Professional Association says it has committed to an independent review.
Workers can form union at Amazon warehouse in Laval, Que., a first in Canada
The first Amazon warehouse to be unionized in Canada got its accreditation from Quebec's labour tribunal on Friday.
Europe's gas supply once again hinges on one company
Cineplex expands beyond the big screen
AI, but make it fashion; Can travel be more accessible?: CBC's Marketplace cheat sheet
CBC's Marketplace rounds up the consumer and health news you need from the week.
Having a newborn can be tough. This business will help — for $850 a night
A business billing itself as Canada's first postnatal retreat has launched in Toronto. For a minimum of $850 a night, new parents get 24/7 support adjusting to life with their babies — a business model some doctors say points to a need for better postpartum care across the board.
South Asian liquor lovers in Ontario frustrated by absence of favourite brands at LCBO
Distributors of South Asian alcoholic brands in Ontario say that they do not receive adequate shelf space, and the absence of a destination store for South Asian brands makes it challenging to sell in Ontario.
B.C. ends jade mining in northwest, all mines to close in 5 years
Many jade mining sites in the Turnagain region of northwestern B.C. are only accessible by helicopter, which makes it difficult for the province to monitor the companies, according to a statement.
Flair Airlines CEO bullish on future of discount airlines. Others aren't so sure
With Swoop folded into WestJet and Lynx folded altogether, Edmonton-based Flair Airlines has emerged as the only ultra-low cost carrier left standing in Canada.
June interest rate cut a 'toss-up': What the jobs bonanza means for the Bank of Canada
Canada unexpectedly added 90,000 jobs in April, though unemployment stayed flat at 6.1%
The Canadian economy gained 90,000 jobs in April, much higher than many economists predicted. However, the unemployment rate stayed the same as the month before, according to the latest numbers from Statistics Canada.