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These companies have laid off Canadian workers in 2023

These companies have laid off Canadian workers in 2023

A wave of layoffs in 2022, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
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Metaverse to contribute at least $45.3B to Canada's annual GDP by 2035 says Meta

Metaverse to contribute at least $45.3B to Canada's annual GDP by 2035 says Meta

TORONTO — When Facebook chief executive Mark Zuckerberg changed his company's name to Meta less than two years ago, he placed a multi-billion-dollar bet on a virtual but interactive realm where he believed people would work and play for generations t
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Reported Lassonde bid for Teck coal could thwart Glencore: analyst

Reported Lassonde bid for Teck coal could thwart Glencore: analyst

TORONTO — A mining analyst says an apparent effort by industry veteran Pierre Lassonde to buy Teck Resources' coal business could disrupt Glencore's push to take over the Canadian firm.
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It’s 'never too early, never too late' to learn financial literacy, experts say

It’s 'never too early, never too late' to learn financial literacy, experts say

For as long as he remembers, Aidan D’Souza says his mother has helped him ensure that he’s making smart money decisions. At roughly 10 years old, D’Souza said his mother advised him not to spend all his money on candy and frivolous gadgets.
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George Weston reports Q1 profit up from year ago, raises quarterly dividend

George Weston reports Q1 profit up from year ago, raises quarterly dividend

TORONTO — George Weston Ltd. raised its dividend as it reported its first-quarter profit and revenue rose compared with a year ago. The company, which holds large stakes in Loblaw Companies Ltd.
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Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B

Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns.
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China exports up 8.5% in April in unexpected climb

China exports up 8.5% in April in unexpected climb

BEIJING (AP) — Chinese exports grew 8.5% in April, showing more unexpected strength despite weakening global demand, customs data showed Tuesday. Exports grew to $295.
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Suncor Energy's adjusted earnings decline 34 per cent year-over-year

Suncor Energy's adjusted earnings decline 34 per cent year-over-year

CALGARY — Suncor Energy Inc. says it earned $2.05 billion in the first quarter of 2023, down from $2.95 billion in the same quarter of 2022.
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Energy companies curtail production due to Alberta wildfires

Energy companies curtail production due to Alberta wildfires

CALGARY — Oil and gas producers in Alberta are temporarily shutting in production as wildfires rage across the energy-producing province.
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Sleep Country sees earnings decline in Q1, sales largely unchanged

Sleep Country sees earnings decline in Q1, sales largely unchanged

TORONTO — Sleep Country Canada Holdings Inc. says its earnings for the first quarter were $11.3 million, down 38.5 per cent from $18.4 million a year earlier. The Toronto-based company says revenues were $206.5 million, largely unchanged from $207.
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