Bank of Canada promises better communication around quantitative easing, if used again
In a report following its review of actions taken in response to the pandemic, the Bank of Canada committed to using an exit ...
BMO, National Bank, TD follow U.S. banks to quit global climate alliance
The Bank of Montreal has become the first Canadian bank to withdraw from the Net-Zero Banking Alliance, which aims to align lending, investment and capital markets activity with net-zero greenhouse ...
Howard Levitt: How Trudeau and Freeland's ‘resignations’ would play out in the private sector
Trudeau’s announced exit quickly followed that of Chrystia Freeland. International media trumpeted her “resignation” as ...
Retaliation against U.S. tariffs could force Bank of Canada to hike interest rates, economist says
On the flip side, dollar-for-dollar retaliation against any U.S. tariffs would result in the Bank of Canada’s policy rate ...
Mark Carney's Liberal leadership run leads to shakeup at top of Brookfield
Former Bank of Canada governor Mark Carney ’s decision to throw his hat in the ring in the race to become leader of the ...
‘Not theirs for the taking’: Can the Canadian pension model survive a new era of politicization?
Developments over the past couple of years have prompted pioneers of the Canadian pension model, including Wiseman and Claude Lamoureux, the first CEO of the Ontario Teachers’ Pension Plan, to pen ...
FTC raises antitrust concerns about Microsoft-OpenAI partnership
Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud ...
Canadians flock to Chinese ’RedNote’ app ahead of U.S. TikTok ban
With TikTok facing an imminent ban in the United States, many Canadian users are moving to rival Chinese social media app ...
How TikTok grew from an app for teens into a potential national security threat
Starting in 2017, when the Chinese social video app merged with its competitor Musical.ly, TikTok has grown from a niche teen ...
Hudson’s Bay lays off 41 staff, cites ’challenging headwinds’
TORONTO — Hudson’s Bay Co. says it has laid off 41 staff as it revamps the retailer’s structure. Charla Parkinson, a ...
Trump to designate cryptocurrency a national priority
United States president-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority ...
Zambia Looks to UAE and Saudi Arabia to Back Copper Expansion
Zambia aims to increase copper output to a record above 1 million tons this year, as it deepens ties with oil-rich Gulf ...