Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.
A former National Hockey League player has received official approval to operate a unique horse-drawn carriage service. Discover how sports and tradition are merging in this new Canadian venture.
Fanshawe College in London, Ontario, has initiated a voluntary exit program for its full-time employees. Learn about the details and potential impacts on the institution.
New census data reveals small businesses are the backbone of Edmonton's economy, accounting for nearly all local economic activity. Discover the impact and what it means for the city's future.
Kraft Heinz names former Kellanova CEO Steve Cahillane as its new leader, replacing Carlos Abrams-Rivera effective January 1. The move comes as the food giant prepares to split into two separate public companies in late 2026.
Three new surveys in Lethbridge, Alberta, reveal a surge in optimism among local business owners about their future prospects and the local economy. Discover the key findings.
Mastermind Toys, the beloved Canadian educational toy retailer, is pivoting its business model to launch a franchise system. This strategic shift aims to expand the brand's reach across Canada. Discover what this means for the future of toy shopping.
A Nova Scotia entrepreneur shares her journey of introducing Mauritian cuisine to the province, supported by a women's business program. Discover how she's spicing up the local food scene.
Costco Wholesale has launched its tenth Canadian Business Centre in East Gwillimbury, Ontario. The 137,000 sq ft facility creates 240 jobs and offers over 3,000 items tailored for businesses.
Canadian gas producer Canacol Energy is negotiating a short-term loan as it restructures debt under creditor protection. Learn about the company's financial challenges and the potential impact on investors.
Alberta's Auditor General Doug Wylie requests over $3 million in funding for audits of 8 new health bodies, staff wage increases, and replacing 25-year-old software. Read the details.
Microsoft announces a global price increase for its Microsoft 365 productivity suites for business and government customers, effective July 2026. Learn what this means for Canadian organizations.
Alma's Family Hair Salon & Spa in Cape Breton celebrates a quarter-century in business, a testament to resilience against persistent flooding challenges. Discover the story of survival and community.
Hartley Richardson, CEO of James Richardson & Sons Ltd., will be honoured by the Canadian Business Hall of Fame in 2026. Discover the legacy of this business leader.
Two Winnipeg city councillors are pushing a motion to consider financial compensation for local small businesses suffering losses due to disruptive road construction projects. Learn about the proposal and its potential impact.
A major review of B.C.'s health authorities will eliminate over 1,100 positions and redirect $60 million to front-line services. Learn how this restructuring aims to improve patient care.
Scotiabank reported Q4 net income of $2.2B, beating analyst forecasts. Results were boosted by global banking, despite $373M in restructuring costs tied to workforce reductions.
Biz X magazine recognized standout Windsor-Essex businesses and people in its 28th annual awards. Discover the 24 winners across diverse categories, from new ventures to community champions.
The Vancouver Chinatown Foundation's impact fund is helping legacy businesses like The Dollar Meat Store modernize with digital tools and social media, attracting a new generation of customers.
American companies including brewing schools and distilleries are relocating to Canada, driven by US policy changes on visas, trade, and regulations. Discover why Canada is becoming attractive.
Quebec government launches $2 billion investment fund to help small businesses grow and compete. Minister Joly announces major economic stimulus package for local enterprises.
As Alberta small businesses confront economic headwinds, Small Business Saturday offers crucial support. Learn how local shopping strengthens communities.
An Ottawa couple gets their shot to pitch their business, My Friend Toothy, to the investors on CBC's Dragons' Den. Don't miss their episode airing this week.
A Windsor coffee cart lost $500 to a fraudulent email posing as the Windsor Spitfires. The team warns local businesses to be vigilant against this scam targeting the community.
Canadian e-commerce giant Shopify implements workforce reductions to maintain operational efficiency despite strong financial performance and revenue growth of 26%.
Thai business tycoon Jakkaphong Jakrajutatip faces arrest warrant in Miss Universe controversy. Get the latest developments in this international business scandal.
Nokia officially breaks ground on its innovative new campus at Kanata North Business Park, marking significant investment in Ottawa's tech sector. Learn about the project details and local impact.
Apple Inc. has eliminated dozens of sales roles in a rare organizational layoff, streamlining its approach to business, education, and government clients.
About one-third of Canadian small businesses depend on holiday sales. Learn why Small Business Saturday matters more than ever this year and how your shopping choices impact local communities.
Saskatchewan launches new tax credit program to encourage investment in small businesses, offering ownership shares for expansion. Learn how local entrepreneurs can benefit.