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Bank of Canada's Tiff Macklem says tariff threat adds to central bank challenges
Bank of Canada governor Tiff Macklem says central banks face an increasingly difficult job as the country faces a maelstrom of potential U.S. tariffs, technological disruptions, extreme weather and global political upheaval.
Feb 6, 2025 5:48 PM
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Open Text reports US$230M profit in second quarter of fiscal 2025
WATERLOO, ONT. — Open Text Corp. says it earned US$230 million in its latest quarter, up from US$38 million in the same quarter last year. The software company says its second quarter of fiscal 2025 also saw total revenue of US$1.
Feb 6, 2025 4:47 PM
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Energy, telecom and tech drag S&P/TSX composite lower Thursday, U.S. stocks mixed
TORONTO — Canada's main stock index moved lower Thursday, weighed down by losses in energy, telecom and technology stocks, while U.S. markets were mixed.
Feb 6, 2025 4:39 PM
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Suncor touts Canadian refining capacity as way to weather tariffs
CALGARY — While hoping to avoid a trade war, Suncor chief executive Rich Kruger says the company is fairly well-positioned to limit the impact if it escalates.
Feb 6, 2025 4:19 PM
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Stock market today: Wall Street drifts as Ford and Qualcomm offset rising fashion and tobacco stocks
NEW YORK (AP) — Wall Street drifted to a mixed close as drops for Ford Motor and Qualcomm worked against buoyant fashion and cigarette stocks. The S&P 500 rose 0.
Feb 6, 2025 4:06 PM
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Amid cross-border tariff tussle, Canadian film crews see peril and opportunity
TORONTO — The prospect of a trade war with the United States has some Canadian film and TV crews bracing for potential impacts that could help some parts of the sector while simultaneously hurting others. U.S.
Feb 6, 2025 2:51 PM
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Lightspeed to remain public despite 'high level of interest' during strategic review
Lightspeed Commerce Inc.'s share price fell almost 18 per cent after the company concluded a strategic review that did not result in a go-private deal.
Feb 6, 2025 2:38 PM
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Bell CEO slams CRTC, announces further slowdown of fibre network build
The chief executive of BCE Inc. blasted the national telecom regulator as he announced the company would further scale back the build of its fibre internet network.
Feb 6, 2025 2:19 PM
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Alberta politician ending coffee with constituents after coal backlash
EDMONTON — Chelsae Petrovic is cancelling coffee engagements with her constituents after getting an earful about the province's decision to lift its coal mining moratorium.
Feb 6, 2025 1:54 PM
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National rent prices hit 18-month low in January: report
TORONTO — Average asking rents across Canada hit an 18-month low in January, declining 4.4 per cent on an annual basis to $2,100. A monthly report by Rentals.
Feb 6, 2025 1:44 PM
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