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Business News

Canada's foreign student push 'mismatched' job market, data shows

CBC Business News - 5 hours 3 min ago

Canada’s recruitment of international students has tilted strongly toward filling spots in business programs, while doing little to meet the demand for workers in health care and the skilled trades, according to a CBC News analysis of federal data.

Categories: Business News

The shadow fleet of oil tankers enabling Russia's war and undermining global sanctions

CBC Business News - 5 hours 3 min ago

Despite Western sanctions meant to curtail energy exports and squeeze its economy, experts say Russia is using its so-called shadow fleet of tankers to make as much as $1 billion a day selling oil, skirting a global price cap and funding its war in Ukraine.

Categories: Business News

Shopify in 'penalty box' but still in the game after shares drop: Greg Taylor

Financial Post TopStories - Wed, 2024-05-08 13:24
Watch Greg Taylor of Purpose Investments on whether investors should exit the stock
Categories: Business News

Shopify's shares hit a 6-month low after quarterly growth slows

CBC Business News - Wed, 2024-05-08 12:25

Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 per cent on Wednesday.

Categories: Business News

Immigrants recruited to boost Trudeau's homebuilding plan

Financial Post TopStories - Wed, 2024-05-08 10:14
Admissions of permanent residents with trade skills rose 29% from the average quarterly rate in 2023
Categories: Business News

Air Canada ranks near bottom on customer satisfaction with airfare a sore point: survey

Financial Post TopStories - Wed, 2024-05-08 10:03
Value received didn't match price of ticket, people say
Categories: Business News

Suncor aims to gain 'unique' advantage from Trans Mountain pipeline

Financial Post TopStories - Wed, 2024-05-08 09:47
Negotiate directly with customers as it targets new markets
Categories: Business News

FTX says most customers will get all their money back less than 2 years after crypto fraud crisis

CBC Business News - Wed, 2024-05-08 09:15

FTX says that nearly all of its customers will receive the money back that they are owed — and some will get more than that — nearly two years after the cryptocurrency exchange imploded.

Categories: Business News

Floating LNG-export project in B.C. attracts interest from second fuel buyer

Financial Post TopStories - Wed, 2024-05-08 09:00
Japanese trading house Itochu pursues contract talks after Shell signs deal in January
Categories: Business News

Suncor breaks all-time oilsands production record, earns $1.6 billion in first quarter

Financial Post TopStories - Wed, 2024-05-08 06:33
Higher sales volumes and production, partially offset by lower prices, increased royalties
Categories: Business News

FTX has billions more than needed to pay bankruptcy victims

Financial Post TopStories - Wed, 2024-05-08 06:11
Depending on the type of claim, some creditors could recover as much as 142% of what they are owed
Categories: Business News

Brookfield Asset Management profit falls for first time since spinout

Financial Post TopStories - Wed, 2024-05-08 05:44
Stock falls almost five per cent in New York
Categories: Business News

Shopify shares drop on surprise loss

Financial Post TopStories - Wed, 2024-05-08 05:24
Earnings hit by sale of logistics business
Categories: Business News

Posthaste: This 'important driver' of the Canadian dollar is broken, economist says

Financial Post TopStories - Wed, 2024-05-08 05:00
The loonie appears to be a 'petro-currency' no longer
Categories: Business News

Quebec's Caisse de depot struggles to deploy $10 billion for energy transition

Financial Post TopStories - Wed, 2024-05-08 03:21
Finds Asian governments’ long-term plans and support inadequate, Singapore conference hears
Categories: Business News

Canada among nations fighting rising rent in global inflation battle

Financial Post TopStories - Tue, 2024-05-07 16:25
Rapidly rising housing costs are preventing inflation from declining closer to central banks’ targeted levels
Categories: Business News

TikTok is suing the U.S. over 'obviously unconstitutional' law that would ban it

CBC Business News - Tue, 2024-05-07 10:30

TikTok and its Chinese parent company, ByteDance, are suing the U.S. over a law that would ban the popular video-sharing app unless it's sold to another company, arguing that it relies on vaguely painting it as a threat to national security to get around the First Amendment.

Categories: Business News

Boeing under investigation after workers falsified inspection records on some Dreamliners

CBC Business News - Tue, 2024-05-07 09:13

The Federal Aviation Administration said Monday it has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina plant falsified inspection records on certain 787 planes. Boeing said its engineers have determined that misconduct did not create "an immediate safety of flight issue."

Categories: Business News

Trans Mountain seen delivering better prices for Canadian oil 'for years'

Financial Post TopStories - Tue, 2024-05-07 08:16
But Meg Energy predicts the pipeline will eventually meet its capacity
Categories: Business News

David Rosenberg: Tanking economy, productivity mean Bank of Canada should cut rates with or without the Fed

Financial Post TopStories - Tue, 2024-05-07 08:15
Canada can cope with a weaker dollar; in fact the country needs it
Categories: Business News
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