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Canadian Tire distribution centre remains closed after fire at Brampton facility

Canadian Tire distribution centre remains closed after fire at Brampton facility

TORONTO — Operations at one of Canadian Tire Corp.'s largest distribution centres remain suspended after a fire earlier this month. Canadian Tire says all employees were safely evacuated from the Brampton, Ont.
Bankman-Fried charged with paying $40M bribe to China

Bankman-Fried charged with paying $40M bribe to China

NEW YORK (AP) — FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed Tuesday.
Some young Canadians are downsizing their homes to cut back on their expenses

Some young Canadians are downsizing their homes to cut back on their expenses

Last month, Chelsea Hunt and her husband concluded that the cost of living had skyrocketed to a point where they could no longer afford to stay in their apartment and needed to move. “We were living paycheque to paycheque,” the 26-year-old said.
Court gives Magnet Forensics approval for Thoma Bravo deal

Court gives Magnet Forensics approval for Thoma Bravo deal

Magnet Forensics Inc. says a court has granted it a final order allowing Thoma Bravo's $1.8-billion takeover of the cybersecurity company to move forward. Waterloo, Ont.
Canada heading into 'mild recession' as tight monetary policy squeezes growth: Report

Canada heading into 'mild recession' as tight monetary policy squeezes growth: Report

OTTAWA — New research says Canada is heading into a mild recession as elevated borrowing costs, a downturn in the U.S. and persistent inflation dial up the country's economic uncertainty.
Shoppers Drug Mart moves away from medical cannabis, will send patients to Avicanna

Shoppers Drug Mart moves away from medical cannabis, will send patients to Avicanna

TORONTO — Shoppers Drug Mart Inc. is moving away from its medical cannabis distribution business and preparing to transfer patients to a platform run by biopharmaceutical company Avicanna Inc. The pharmacy chain owned by Loblaw Companies Ltd.
Greek prime minister calls general election for May 21

Greek prime minister calls general election for May 21

ATHENS, Greece (AP) — Greece’s center-right Prime Minister Kyriakos Mitsotakis on Tuesday called a general election on May 21, in the aftermath of a train disaster that has reduced his party’s long-standing majority in opinion polls. The Feb.
Saskatchewan looks to boost critical minerals industry

Saskatchewan looks to boost critical minerals industry

REGINA — The Saskatchewan government is hoping to bolster critical mineral exploration after announcing a strategy Monday that aims to attract investment and double production by 2030.
Japan to resume imports of Canadian processed beef, 20 years after mad cow disease

Japan to resume imports of Canadian processed beef, 20 years after mad cow disease

OTTAWA — Japan is lifting the last of its restrictions against Canadian beef, 20 years after BSE, often called mad cow disease, devastated this country's cattle industry.
Canadian branch not included in sale of Silicon Valley Bank to First Citizens

Canadian branch not included in sale of Silicon Valley Bank to First Citizens

TORONTO — A regulatory filing shows the Canadian branch of Silicon Valley Bank is not part in First Citizens' purchase of most of the failed U.S. bank. The U.S.