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Financial watchdog says Ontario on track to balance budget by 2023-24

Financial watchdog says Ontario on track to balance budget by 2023-24

TORONTO — Ontario is currently on the path to balance by next year, the province's fiscal watchdog said Tuesday, but it could well take a different route due to the looming June 2 election.
Unused to volatility, young investors may dread a downturn. Here's how to prepare

Unused to volatility, young investors may dread a downturn. Here's how to prepare

Between rising inflation and geopolitical events, there’s been uncertainty in the future of the markets. “It’s one of these times where you just feel like anything could happen ...
Le Château makes brick-and-mortar comeback through new concept store with Suzy Shier

Le Château makes brick-and-mortar comeback through new concept store with Suzy Shier

TORONTO — Canadian retailer Le Château is making its brick-and-mortar store comeback. The clothing brand says its latest collection is now online and will be available in 37 Suzy Shier locations across the country later this month.
Canadians with mortgages brace for big Bank of Canada rate hike

Canadians with mortgages brace for big Bank of Canada rate hike

The Bank of Canada is gearing up to announce its next move on interest rates this Wednesday, with Bay Street forecasters expecting a 50 basis-point increase to put Canadians with variable rate mortgages on edge and keep some prospective homebuyers on
Cannabis company Tilray Brands signs definitive agreement in Hexo deal

Cannabis company Tilray Brands signs definitive agreement in Hexo deal

LEAMINGTON, Ont. — Cannabis company Tilray Brands Inc. has signed a definitive agreement in its proposed plan with rival Hexo Corp. first announced last month.
Home Capital nominates former Rogers CEO Joe Natale to board of directors

Home Capital nominates former Rogers CEO Joe Natale to board of directors

TORONTO — Mortgage lender Home Capital Group Inc. has nominated three new members to its board of directors, including veteran telecommunications executive Joe Natale.
Cannabis company Organigram reports Q2 loss, more than doubles revenue

Cannabis company Organigram reports Q2 loss, more than doubles revenue

MONCTON, N.B. — Cannabis company Organigram Holdings Inc. reported a loss in its latest quarter as its revenue more than doubled compared with a year ago. The company says its net loss for the quarter ended Feb.
CPP Investments and Tata Realty and Infrastructure form joint venture in India

CPP Investments and Tata Realty and Infrastructure form joint venture in India

TORONTO — The Canada Pension Plan Investment Board and Tata Realty and Infrastructure Ltd. have announced a joint venture to develop and own commercial office space in India.
US orders consular staff to leave Shanghai amid COVID surge

US orders consular staff to leave Shanghai amid COVID surge

BEIJING (AP) — The U.S. has ordered all non-emergency consular staff to leave Shanghai, which is under a tight lockdown to contain a COVID-19 surge.
Shopify proposes governance changes, announces 10-for-one share split

Shopify proposes governance changes, announces 10-for-one share split

Shopify Inc. is proposing changes to its governance structure to preserve founder and CEO Tobi Lütke's voting power, while also proposing a 10-for-one split of its class A and class B shares.