Browsing: Business

OTTAWA, Oct. 1: Canada is confronting what business leaders describe as an investment crisis as the federal government prepares its next budget, with calls mounting for tax relief, tariff support, and improved access to capital. In a formal budget submission

SEATTLE, October 1, 2025: Starbucks Corporation has announced the elimination of approximately 900 corporate roles and the closure of an undisclosed number of underperforming stores across North America, part of a sweeping operational restructuring aimed at streamlining its U.S. business.

CALGARY, 27 September 2025: The United Arab Emirates and the Canadian province of Alberta are advancing efforts to deepen bilateral economic ties following a high-level meeting between UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri and Alberta

Gold prices soared to historic levels on Monday, crossing US$3,750 per ounce for the first time, as investors weighed the outlook for U.S. interest rates and awaited a key speech from Federal Reserve Chair Jerome Powell. The surge extended a

The Organisation for Economic Co-operation and Development (OECD) has revised its global growth outlook upward for 2025, citing short-term resilience in advanced economies, while warning that rising trade barriers and tightening financial conditions are likely to drag on global momentum

Pfizer has signed a definitive agreement to acquire Metsera, a privately held clinical-stage biotechnology company focused on obesity and cardiometabolic therapies, in a transaction valued at approximately $4.9 billion in cash. The deal includes additional milestone-based payments that could bring

India and Canada have agreed to resume a wide range of bilateral discussions, including on trade, defense, and critical minerals, following a high-level meeting in New Delhi. The consultations took place on September 19, 2025, as part of renewed efforts

Artificial intelligence is expected to significantly accelerate global trade over the next 15 years, with the World Trade Organization (WTO) projecting an increase in global trade of goods and services by nearly 40 percent by 2040. The forecast, published in

Toronto is on track to record its lowest number of annual housing starts in three decades, according to a new report from the Canada Mortgage and Housing Corporation (CMHC). The federal agency said housing construction activity in the city fell

Ontario will raise its general minimum wage to $17.60 per hour starting October 1, 2025, marking a 40-cent increase from the current rate of $17.20. The increase, announced by the Ontario Ministry of Labour, Immigration, Training and Skills Development, aligns