Business

“Prada Group Acquires Versace in $1.375B Deal”

The Prada Group has finalized its acquisition of Milan fashion competitor Versace in a cash transaction valued at $1.375 billion US ($1.93 billion Cdn),...

Algoma Steel to Issue 1,000 Layoff Notices

Algoma Steel has announced the issuance of 1,000 layoff notices to employees at its Sault Ste. Marie, Ontario plant. The decision to issue the...

“Canadian Online Retailers Navigate End of Duty-Free Shipping”

Canadian online retailers are facing a tough decision following the discontinuation of duty-free shipping for small packages to the U.S. They must now weigh...

“Buy Canadian Movement Faces Uncertainty Amid Black Friday Sales Surge”

Despite indications that the momentum of the Buy Canadian movement is waning, some business owners remain optimistic about sustained growth during the Black Friday...

“Equifax Canada Reports Rise in Consumer Debt Delinquency”

Equifax Canada has reported an increase in the number of consumers who missed a non-mortgage debt payment in the third quarter compared to the...

Canadian Oil and Gas Industry Faces Decline, Plans Cost Cuts

Low prices for oil and natural gas are negatively impacting the industry, leading to a decrease in drilling activity in Western Canada with further...

“Gen Z Embraces ‘Vibe Investing’ Trend, Defying Traditional Norms”

A surge in young people embracing "vibe investing" is gaining traction. Saul Oster, a 20-year-old student at the University of British Columbia, recently delved...

“Chinese AI Advancements Close Gap with U.S. Tech Titans”

A Beijing-based company has unveiled China's most advanced artificial intelligence model to date, closing the technology gap with the United States in a competition...

Aritzia to Open 40,000 Sq. Ft. Flagship Store at CF Pacific Centre

Aritzia, a renowned fashion retailer based in Vancouver, is gearing up to launch a 40,000-square-foot flagship store at CF Pacific Centre, taking over the...

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