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Postmedia shuffles editors day after announcing 11 per cent of staff to be laid off

Postmedia shuffles editors day after announcing 11 per cent of staff to be laid off

TORONTO — A Postmedia Network Corp. memo obtained by The Canadian Press shows the newspaper publisher has shuffled editors of its Prairies papers a day after it announced 11 per cent of staff would be laid off.
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Shopify raises service plan fees after leaving them 'largely unchanged' for 12 years

Shopify raises service plan fees after leaving them 'largely unchanged' for 12 years

OTTAWA — Shopify Inc. is raising prices for three of its service plans after they remained "largely unchanged" for 12 years.
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Bank of Canada raises interest rates, says it will take a 'conditional' pause

Bank of Canada raises interest rates, says it will take a 'conditional' pause

OTTAWA — The Bank of Canada delivered what it expects to be its last interest rate hike of the cycle as it pauses to assess the effects of higher rates on the economy.
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What the Bank of Canada's latest rate hike means for mortgage holders

What the Bank of Canada's latest rate hike means for mortgage holders

TORONTO — Canadians who watched the cost of taking out a mortgage steadily increase over the last year were dealt another blow when the Bank of Canada upped its interest rate to 4.5 per cent Wednesday.
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Macklem says government will make changes to deal with Bank of Canada losses

Macklem says government will make changes to deal with Bank of Canada losses

OTTAWA — Bank of Canada governor Tiff Macklem says the federal government is working on legislative changes that will allow the central bank to temporarily retain profits to cover losses related to policy decisions made to boost the economy during th
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QuickQuotes: Reaction to the Bank of Canada's latest rate hike

QuickQuotes: Reaction to the Bank of Canada's latest rate hike

OTTAWA — The Bank of Canada raised its key interest rate by a quarter of a percentage point to 4.5 per cent on Wednesday and says it expects to keep rates on hold for now as it assesses the economic data.
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The Bank of Canada interest rate hit 4.5%. Here's a timeline of how we got here

The Bank of Canada interest rate hit 4.5%. Here's a timeline of how we got here

OTTAWA — The Bank of Canada hiked its key interest rate by a quarter of a percentage point on Wednesday, bringing it to 4.5 per centand signalling it plans to hold there for now.
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Cannabis company The Green Organic Dutchman Holdings changing name to BZAM

Cannabis company The Green Organic Dutchman Holdings changing name to BZAM

TORONTO — The Green Organic Dutchman Holdings Ltd. is changing its name to BZAM Ltd. The cannabis company says it will also change its ticker symbol on the Canadian Securities Exchange to BZAM.
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Luxor Capital still opposed to Ritchie Bros. deal to buy IAA despite changes

Luxor Capital still opposed to Ritchie Bros. deal to buy IAA despite changes

VANCOUVER — Investment firm Luxor Capital Group LP remains opposed to Ritchie Bros. Auctioneers Inc.'s deal to buy IAA Inc. despite changes to the agreement. Luxor, which holds a 3.
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Oilsands execs say they can't invest in decarbonization any faster, despite profits

Oilsands execs say they can't invest in decarbonization any faster, despite profits

OTTAWA — Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn't a place to invest that money yet.
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