Luxury retail giant Saks Global, owner of Saks Fifth Avenue, has filed for Chapter 11 bankruptcy. The move follows mounting debt from its 2024 acquisition of rival Neiman Marcus and a shrinking high-end market.
Luxury retail giant Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, files for Chapter 11 bankruptcy. The company secures $1.75B in financing to keep stores open while restructuring massive debt.
Richard Baker departs as CEO of Saks Global Enterprises just days after appointment, as the luxury retail conglomerate prepares for Chapter 11 bankruptcy protection. Read the latest on the leadership shakeup.
Canadian officials indicate progress is possible in trade talks with China, but immediate removal of tariffs is unlikely. Explore the implications for Canada's trade strategy and U.S. reliance.
Trade lawyer William Pellerin discusses a significant shift in Canadian imports, with goods historically bound for the U.S. now flowing north. Explore the impact of trade tensions.
PM Mark Carney visits China to discuss trade and energy, navigating a delicate balance as Canada seeks to diversify exports while managing strained relations and ongoing U.S. dependence. Read the full analysis.
Canada's trade performance improved in October with a smaller-than-anticipated deficit. Get the latest data and analysis on the country's economic outlook.
Cambridge Atomworks appoints Daniel Marcus, a veteran financial markets strategist, to its Advisory Board. His expertise will guide the UK startup's development of compact nuclear reactors for the energy transition.
Goaltender Marcus Johnson's clutch penalty shot save secures a 2-1 victory for the St. Louis AAA Blues over the Northern Alberta Xtreme in the Circle K Classic final in Calgary.
As 2026 begins, Canada's trade sector faces pivotal shifts. Explore the evolving landscape, from port operations to policy, and understand what's at stake for the national economy.
The London Knights have traded forward Logan Hawery to the Sarnia Sting. Get the details on the OHL transaction announced on December 28, 2025.
The London Knights have traded forward Logan Hawrey to the Sarnia Sting. Get the details on this Ontario Hockey League transaction announced on December 28, 2025.
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.
As the 2026 review of the USMCA trade pact approaches, analysts are weighing what a second Trump administration might demand from Canada and Mexico. Explore the potential implications.
A crucial tariff exemption saved Canadian businesses in 2025, but experts warn it's 'absolutely' at risk next year. Learn about the looming trade threat.
Advanced laser technology is being used to meticulously clean and restore Rome's historic Column of Marcus Aurelius, revealing centuries of grime. Discover how science preserves our past.
Canadian forward Marcus Caldeira reflects on his time with the West Virginia Mountaineers as his collegiate soccer journey ends. What's next for the promising striker?
U.S. Trade Representative Jamieson Greer outlines specific requirements Canada must meet to renew the critical trade pact. Learn the key conditions and potential impacts on bilateral trade.
Postmedia's Hot Topics analyzes how the Quinn Hughes trade reshapes the potential return for Calgary Flames defenceman Rasmus Andersson. Insights from Flames writers on the market shift.
The Toronto Blue Jays have traded left-handed relief pitcher Justin Bruihl to the Cleveland Guardians for cash considerations. Get the details on the roster move.
The Vancouver Canucks have won back-to-back games since trading Quinn Hughes. As the rebuild continues, winger Kiefer Sherwood is a top trade target for multiple NHL teams. Get the latest updates.
An Ontario-based agricultural equipment manufacturer faces severe business challenges due to U.S. tariffs reinstated by President Donald Trump in December 2025. Learn how trade policies impact Canadian exporters.
The blockbuster Quinn Hughes trade to Minnesota sets a new market standard, directly affecting the Calgary Flames' plans for defenseman Rasmus Andersson. Analysis of the deal's fallout.
Trade experts are calling on the Canadian government to aggressively pursue new economic partnerships within the Americas to diversify exports and strengthen supply chains. Learn about the strategic shift.
London, Ontario officials and businesses are evaluating the local consequences of international trade tensions. Discover how the city is responding to economic shifts.
Ski-Doo maker BRP reports strong Q3 profits of $76.5M, but CEO warns cross-border trade with the U.S. remains a major concern. Read about the company's strategy and outlook.
Forecasts for the Canadian dollar turn less bullish as a key trade deal remains out of reach and fewer Fed rate cuts loom. Explore the economic implications.
U.S. Trade Representative Greer indicates President Trump could move to terminate the CUSMA trade deal in 2026, a move experts say is legally possible despite claims of expiration. Learn the potential impact on Canada.
The booming exotic pet trade is driving a surge in illicit online sales, prompting urgent calls for stronger regulations to protect wildlife and public safety in Canada and globally.
Retail giant Costco takes legal action against the U.S. government to secure refunds for tariffs if President Trump loses a Supreme Court appeal. Get the full story on this major trade dispute.