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Business News
Some industries may be spared from next round of U.S. tariffs despite Trump threats
It appears some key industries facing the threat of new U.S. tariffs may be spared from President Donald Trump’s next shot in his global trade war — at least for the moment.
DNA testing firm 23andMe files for bankruptcy, CEO resigns
23andMe on Sunday filed for bankruptcy in the U.S. after struggling with the fallout of a data breach and weak demand for its ancestry testing kits that featured in Oprah Winfrey's annual list of favourite things just eight years ago.
Liquidation of Hudson's Bay begins at all but 6 stores
Liquidation sales are kicking off Monday morning at all but six of Hudson's Bay's locations as the company continues to search for a way to restructure.
Posthaste: Worried about Trump's 'liberation day'? Here's how it might actually work in Canada's favour
Lutnick says tariffs are like ‘joining Costco’, but is the revenue enough to replace U.S. income tax?
These farmers want cost of living, cutting taxes and tariffs to be the focus this election. Here's why
What do farmers want this federal election to be about? Here's why affordability, cutting taxes and dealing with tariffs rank high. CBC News visited an Agricultural Expo in Lethbridge as part of a listening campaign ahead of the federal election campaign.
Tariff war threatens to clobber Canada: FP video looks at the impact and solutions
Trump picks Boeing over Lockheed for major fighter jet contract
U.S. President Donald Trump awarded Boeing on Friday the contract to build the U.S. air force's most sophisticated fighter jet yet, handing the company a much-needed win and boosting its shares.
From tariffs to taxes to foreign worker shortages: These are the issues small businesses are grappling with today
WestJet considers hiring temporary foreign workers to solve pilot shortage
Calgary-based WestJet is considering the use TFWs to fly its planes but the union representing pilots at the airline says it wasn't consulted by either the WestJet or the federal government about the move.
Hudson's Bay set to start liquidating today at all but six stores, putting more than 9,000 jobs at risk
Cadillac Fairview loaned Hudson's Bay $200 million in 2023 to keep it afloat as anchor tenant
Hudson's Bay to liquidate all but 6 stores starting Monday
After a week spent seeking a lifeline, an Ontario court has given Canada's oldest company permission to start liquidating all but six of its stores on Monday.
Posthaste: A recession is headed Canada's way and it's likely coming sooner than you think, says report
From bumper stickers to boycotts, how Tesla owners are distancing themselves from Elon Musk
Many Tesla owners who were once proud to own the electric vehicle are reportedly now embarrassed to be associated with the brand as public furor against the company and its CEO, billionaire Elon Musk, gains momentum.
2 Teslas set on fire in Calgary this week, police say
Calgary police are looking into what they believe are two separate arsons linked to Tesla vehicles in the city this week.