Canadian corporate profits rise despite US tariff hit
Canadian corporations saw operating profits grow 3.8% to $200 billion in Q3 2025, the fastest pace in two years despite ongoing US trade policy pressures.
Category : Search result: corporate welfare
Barrick Gold Weighs Break-Up Amid Investor Pressure
Activist investor Elliott Management builds $700M stake in Barrick Gold as company considers breakup following CEO departure and operational challenges. Read the latest developments.
AI Debt Wave Threatens Credit Markets
Massive AI-driven debt sales from tech giants like Alphabet and Meta could overwhelm buyers and weaken credit markets globally. Learn about the risks.
Companies Tone Down Price Hikes as Tariff Fog Clears
Major corporations are scaling back price increase discussions as international tariff uncertainties resolve. Learn how this shift impacts Canadian consumers and the global economy.
Canada Post Reports $541M Loss in Third Quarter
Canada Post faces unprecedented $541 million loss before taxes in Q3 2025. Explore the financial challenges and future outlook for Canada's postal service.
Canada Post reports $541M loss in third quarter 2025
Canada Post faces unprecedented $541 million loss before taxes in Q3 2025 as digital transformation challenges traditional mail services. Learn how this impacts Canadian postal services.
Plantro bids $384M to acquire Dye & Durham
Investment firm Plantro proposes $384 million acquisition of legal tech company Dye & Durham, offering more than double the current share price amid company's financial challenges.
Verizon cutting 13,000 jobs in company reorientation
Verizon is eliminating more than 13,000 positions as the telecommunications giant works to reorient its entire business strategy. Get the latest details on this significant workforce reduction.
Nova Scotia SPCA unveils official tartan for fundraiser
The Nova Scotia SPCA has launched its first official tartan, partnering with local businesses for a creative fundraising initiative supporting animal welfare across the province.
Canada plans looser bank rules to boost business loans
Canada's banking regulator, OSFI, proposes easing capital requirements for business and real estate loans to stimulate investment. Public consultation open for 90 days.
Starbucks sued by shareholders over sales decline
Starbucks must defend against a shareholder lawsuit alleging the company misled investors about its sales performance. The legal action follows a surprise decline in revenue.
Walmart makes largest NYSE to Nasdaq transfer in history
Walmart Inc., the world's biggest retailer, announces its historic move from NYSE to Nasdaq in the largest exchange transfer ever recorded. Learn the details and implications.
Canada loosens bank rules to boost business loans
Canada's banking regulator proposes easing capital requirements for business and real estate loans to stimulate investment and economic growth. Learn about the 90-day consultation.
Vendasta Wins Canada's Most Admired Corporate Culture 2025
Saskatoon's Vendasta earns 2025 Canada's Most Admired Corporate Culture award for its AI-driven workplace excellence and transformative impact on small business growth.
Prada heir Lorenzo Bertelli takes top role at Versace
Lorenzo Bertelli, Prada's marketing chief, is set to become executive chairman of Versace in a major luxury industry shift. Discover the strategic implications.
Canada Scraps Greenwashing Rule for Climate Claims
Mark Carney's government proposes removing requirement for companies to back environmental claims with internationally recognized methodology, sparking greenwashing concerns.
Winnipeg Humane Society helps pet owners facing food insecurity
The Winnipeg Humane Society is providing crucial support to pet owners struggling with rising costs and increased food bank usage. Learn how they're helping keep pets with their families.
B.C. Ostrich Farm Investigation: No Charges Yet
RCMP confirms ongoing investigation into Vancouver ostrich farm after Supreme Court ruling. No charges laid or stayed as probe continues into animal welfare concerns.
Novo Resources 2025 Sustainability Report Released
Novo Resources Corp. announces its 2025 Sustainability Report, detailing commitments to ethical governance, community development, and environmental protection in mining operations.
Companies Attribute Thousands of Job Cuts to AI Adoption
Major corporations like Lufthansa and ING are openly citing artificial intelligence as a reason for workforce reductions, signaling a shift in corporate transparency about AI's impact on employment.
Target profit falls 19% amid inflation pressures
Target's third-quarter profit tumbles 19% as inflation-squeezed shoppers reduce spending. The retailer expects sales slump to continue through holiday season while investing $5B in store remodels.
Barrick Leadership Overhaul Amid Breakup Talk
Barrick Gold Corp. announces a major management overhaul, with senior executives departing, as activist investor Elliott builds a stake and speculation about a potential breakup grows.
Vancouver emergency veterinary assistance hits crisis levels
The Vancouver Humane Society faces unprecedented demand for emergency veterinary assistance as pet owners struggle with rising costs. Learn how this crisis affects local animals.
GHD exceeds AUD 3 billion in revenue for 2025
Global professional services firm GHD achieves record AUD 3 billion revenue in 2025, with strong growth across Asia Pacific and Americas markets. Read the full financial breakdown.
BASF Canada: Top 100 Employer for 12 Years
BASF Canada has been recognized as one of Canada's Top 100 Employers for the 12th consecutive year, highlighting its exceptional workplace culture and employee benefits.
AI Fears Extend Wall Street Sell-Off, Home Depot Misses
Wall Street's sell-off continues amid AI sector doubts while Home Depot reports third consecutive profit shortfall. Market analysts warn of sustained volatility ahead.
Canadian Donkey Sanctuary Unveils New Learning Tool
The Donkey Sanctuary of Canada introduces an innovative educational program to teach compassion and animal welfare. Discover how this tool transforms learning experiences.
Amazon's $12B Bond Sale Fuels AI Infrastructure Race
Amazon plans its first U.S. dollar bond sale in three years, seeking $12 billion to fund AI infrastructure, acquisitions, and share buybacks amid tech sector spending surge.
Quebec's heartless threat to cut asylum welfare
Quebec's plan to cut welfare for asylum seekers is criticized as heartless. Analyst says burden shouldn't be shifted onto vulnerable people. Read more.
Samsung, Hyundai Reveal Investments After Trade Deal
Samsung Electronics and Hyundai Motor announce significant domestic investments following the recent U.S.-South Korea trade agreement. Learn how this deal impacts global business relations.
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