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Hudson's Bay sale now using protocol designed to handle insider bid: document

Hudson's Bay sale now using protocol designed to handle insider bid: document

TORONTO — A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be exploring a bid for the retailer’s assets or leases.
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Corus Entertainment sees potential ad revenue bump from 'buy Canadian' trend

Corus Entertainment sees potential ad revenue bump from 'buy Canadian' trend

TORONTO — A challenging environment for attracting key advertising dollars continues to plague Corus Entertainment Inc., but the company says it could reap the benefits of the "Buy Canadian" movement that has gained momentum in response to U.S.
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Potential impact of trade war on jobs and inflation sends US consumer sentiment plunging

Potential impact of trade war on jobs and inflation sends US consumer sentiment plunging

WASHINGTON (AP) — Consumer sentiment fell sharply in April, the fourth consecutive month of declines, as an intensifying trade war fueled anxiety over American jobs and rising inflation .
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US wholesale inflation fell last month but trade war threatens to reverse that trend

US wholesale inflation fell last month but trade war threatens to reverse that trend

WASHINGTON (AP) — U.S. wholesale prices fell last month in another sign that inflationary pressures are easing. But President Donald Trump’s trade wars cloud the outlook as new, punishing tariffs are launched by Beijing and Washington .
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MTY Food Group reports Q1 profit down on foreign exchange losses, revenue up

MTY Food Group reports Q1 profit down on foreign exchange losses, revenue up

MONTREAL — MTY Food Group Inc. reported its first-quarter profit fell compared with a year ago as it was hit by foreign exchange losses taken primarily on intercompany loans.
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China hits back at US and will raise tariffs on American goods from 84% to 125%

China hits back at US and will raise tariffs on American goods from 84% to 125%

BEIJING (AP) — China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world's two largest economies that has rattled markets and raised fears of a global slowdown.
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Tariffs could spell end of the line for some smaller Canadian food makers: experts

Tariffs could spell end of the line for some smaller Canadian food makers: experts

As tariffs on Canadian goods and retaliatory levies filter through supply chains, industry insiders say some smaller Canadian food manufacturers may not be able to weather the storm much longer.
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Metro Vancouver's TransLink plans fare and tax hikes for better service

Metro Vancouver's TransLink plans fare and tax hikes for better service

VANCOUVER — TransLink is proposing a plan to improve its services, ease overcrowding and finish projects, but it will involve a fare hike and a tax increase for Metro Vancouver residents. The B.C.
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Alberta bill enables hydrogen home heating, electricity market remodelling

Alberta bill enables hydrogen home heating, electricity market remodelling

EDMONTON — Alberta's government is looking to give the green light to hydrogen as a home and commercial heating fuel in a move it says will boost demand and reduce emissions.
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B.C. premier tells government to cancel American contracts 'wherever viable'

B.C. premier tells government to cancel American contracts 'wherever viable'

U.S. President Donald Trump has served up "special, derogatory" treatment for Canada in the latest salvo in his global trade war, British Columbia Premier David Eby said. Eby said Thursday that B.C.
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