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Aimia board recommends shareholders reject takeover offer from Mithaq Capital

Aimia board recommends shareholders reject takeover offer from Mithaq Capital

TORONTO — The board of directors of Aimia Inc. recommended that shareholders reject a takeover offer from Mithaq Capital SPC because it says it undervalues the company and is not compelling.
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Retail sales down slightly at $66.1 billion in August, Statistics Canada says

Retail sales down slightly at $66.1 billion in August, Statistics Canada says

OTTAWA — Canadian retail sales fell 0.1 per cent to $66.1 billion in August as sales at new and used car dealers fell for the month, Statistics Canada said Friday.
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Transat AT CFO Patrick Bui moving to take job at retailer Dollarama

Transat AT CFO Patrick Bui moving to take job at retailer Dollarama

MONTREAL — The chief financial officer of Transat AT Inc. is leaving the company to become chief financial officer at Dollarama Inc. Transat says Patrick Bui will step down from his position at the travel company on Dec. 15.
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Israel-Hamas war: How to avoid misinformation when sharing imagery on social media

Israel-Hamas war: How to avoid misinformation when sharing imagery on social media

As the war between Israel and Hamas rages on, fact-checkers have stressed the need to be careful when recirculating photos and videos seen on social media that purport to illustrate the violence on the ground.
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Feds OK natural gas pipeline expansion in Pacific Northwest over environmentalist protests

Feds OK natural gas pipeline expansion in Pacific Northwest over environmentalist protests

PORTLAND, Ore.
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Carbon capture key to net-zero electricity, but federal timelines too tight: report

Carbon capture key to net-zero electricity, but federal timelines too tight: report

CALGARY — Carbon capture and storage is key to greening Canada's electricity grid, but meeting the proposed time frame laid out by the federal government will be extremely difficult based on the current state of the technology, according to a new rep
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,348.81, down 101.89 points): TC Energy Corp. (TSX:TRP). Energy. Down six cents, or 0.13 per cent, to $47.35 on 12.7 million shares.
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U.S. and Canadian markets decline Thursday amid ongoing uncertainty over war, rates

U.S. and Canadian markets decline Thursday amid ongoing uncertainty over war, rates

Canada's main stock index lost 100 points Thursday, led lower by metals, utilities and financials, while U.S. equities also declined amid continued tightening in the bond market. U.S.
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Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation

Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
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Canadian firms hit with 25 cyberattacks on average over past year: EY survey

Canadian firms hit with 25 cyberattacks on average over past year: EY survey

TORONTO — A survey by EY shows 81 per cent Canadian companies experienced at least 25 cybersecurity incidents over the past year, compared to 73 per cent of respondents globally.
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