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business
Canada Post reports $407 million Q2 loss as parcel volume suffers
OTTAWA - Canada Post reported a loss before tax of $407 million in its second quarter as its parcels business fell due to labour uncertainty. The company says the loss compares with a profit before ta...
The Canadian Press
Aug 26, 2025
CBC going to court to fight disclosure order for Gem subscriber numbers
OTTAWA - CBC/Radio-Canada is going to court to defend its refusal to disclose subscriber numbers for its Gem streaming service. The move comes after the information commissioner ordered CBC to make av...
The Canadian Press
Aug 26, 2025
More Canadians commuting as remote work declines, hybrid workers on site more often
The number of Canadians commuting to work rose for the fourth year in a row, a Statistics Canada report said Tuesday, as hybrid workers are increasingly spending more time in the workplace than at hom...
The Canadian Press
Aug 26, 2025
Parliamentary Budget Officer says 3.2 million new homes needed to close housing gap
OTTAWA - Canada needs to build 3.2 million new homes in the next decade to close the housing gap but isn't on track to do that, the Parliamentary Budget Officer said in a new analysis published on Tue...
The Canadian Press
Aug 26, 2025
Canada eyes deeper energy ties with Germany through critical minerals partnership
BERLIN - Canada is signing a critical minerals partnership with Germany that encourages the joint public financing of natural resources projects. Prime Minister Mark Carney says for too long, key Cana...
The Canadian Press
Aug 26, 2025
Prime Minister Mark Carney, left and German Chancellor Friedrich Merz shake hands following a joint media availability at the Federal Chancellery in Berlin, Germany on Tuesday, Aug. 26, 2025. THE CANADIAN PRESS/Christinne Muschi
Canada narrows choice of new submarine suppliers to Germany, South Korea
BERLIN - Canada has narrowed down its shopping list for its next fleet of submarines to those made by two suppliers, Germany's Thyssen Krupp Marine Systems and South Korea's Hanwha Ocean Co. Ottawa pl...
The Canadian Press
Aug 26, 2025
Members of the Royal Canadian Navy stand aboard the HMCS Corner Brook submarine docked during Fleet Week, in North Vancouver, B.C., on Thursday, July 3, 2025. THE CANADIAN PRESS/Darryl Dyck
Trump fires Fed Governor Lisa Cook, opening new front in fight for control over central bank
WASHINGTON (AP) - President Donald Trump fired Federal Reserve Governor Lisa Cook late Monday, a surprise move constituting a sharp escalation in his battle to exert greater control over what has long...
The Canadian Press
Aug 25, 2025
LeBlanc set to meet Lutnick in Washington after Ottawa drops some tariffs
WASHINGTON - Canada-U.S. Trade Minister Dominic LeBlanc is set to meet with U.S. Commerce Secretary Howard Lutnick in Washington this week after Ottawa announced it would be lifting some retaliatory t...
The Canadian Press
Aug 25, 2025
Alberta seeking public input in establishing nuclear power industry
CALGARY - Alberta Premier Danielle Smith says she expects the private sector to lead the way on potentially bringing nuclear power to the province, but her government would set up a Crown corporation ...
The Canadian Press
Aug 25, 2025
Carney visiting Berlin to boost trade, defence ties
OTTAWA - Prime Minister Mark Carney arrived in Germany late Monday, looking to boost trade and defence ties with Europe's largest economy. Carney is moving to align Canada more closely with Europe as ...
The Canadian Press
Aug 25, 2025
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