Calgary Business Seeks Tangible Outcomes as Parliament Resumes
Calgary's business community emphasizes the need for measurable progress on economic and sovereignty issues as federal politicians return to Ottawa for the new parliamentary session.
Category : Corporate News
Service Tariffs Linger Over Corporate Earnings in Canada
Canadian businesses face ongoing pressure from service tariffs on earnings, even as companies adjust to new trade policies and economic uncertainties in 2026.
Zijin Gold Buys Allied Gold for $5.5 Billion
Chinese mining giant Zijin Gold has finalized a significant acquisition of Allied Gold for $5.5 billion in cash, marking a major consolidation in the global gold mining sector.
Heritage Foundation Exodus: Economist Resigns Over Leadership
Economist Andrew Hale resigns from Heritage Foundation, citing concerns over Kevin Roberts' leadership and controversial stances that have sparked donor and staff departures.
Air Canada Avoids $5K Payout for Oatmeal Burn at YVR
A Vancouver man's claim for $5,000 in damages after burning his hand on oatmeal in an Air Canada lounge has been unsuccessful, highlighting liability issues in airport hospitality services.
Minnesota CEOs Urge De-escalation After Minneapolis Shooting
Over a dozen Minnesota CEOs have issued a joint letter urging calm and de-escalation following the fatal shooting of Alex Pretti by federal agents in Minneapolis, as tensions rise in the city.
Regina Food Bank CEO John Bailey Takes New Economic Role
John Bailey, the longtime CEO of Regina Food Bank, is departing for a leadership position at Economic Development Regina, marking a significant transition in the city's community and economic sectors.
Crown Royal Boycott's Complex Impact on Canadian Jobs
Ontario Premier Doug Ford's call to boycott Crown Royal whisky at LCBO stores may have unintended consequences for jobs in Manitoba and Quebec, where production continues.
Cineplex Appeals Drip Pricing Decision to Supreme Court
Cineplex is challenging a recent drip pricing decision before the Supreme Court of Canada, aiming to overturn rulings on mandatory fees for movie tickets and concessions.
DoorDash, Uber, Instacart Lose NYC Tipping Law Challenge
U.S. federal judges have rejected legal challenges from DoorDash, Uber, and Instacart against New York City's tipping regulations, upholding rules for gig economy workers.
Plantro Pushes for Board Shakeup at Ag Growth
Activist investor Plantro Ltd. is pressing for significant governance changes at Ag Growth International following a regulatory cease-trade order and CEO departure, citing severe governance failures.
Airlines Fight Court Challenge on Passenger Complaints
Major Canadian airlines are opposing a legal challenge that questions their handling of passenger complaints, amid ongoing scrutiny of air travel regulations and consumer rights in the aviation sector.
Silver Hits Record High, Gold Approaches $5,000 Milestone
Silver prices surge above US$100 per ounce for the first time, while gold closes in on the $5,000 mark, driven by economic factors and investor demand.
ASUS Makes Fortune's 2026 Most Admired Companies List Again
ASUS celebrates its 11th inclusion on Fortune's prestigious World's Most Admired Companies list for 2026, recognized for innovation, social responsibility, and product quality excellence.
Trump Sues JPMorgan, CEO Dimon for $5B Over Debanking
Former U.S. President Donald Trump has launched a massive $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, alleging debanking practices. The legal action, filed on Thursday, marks a significant escalation in tensions between Trump and ma
CEO Playbook for Rising Personal Legal Risks
Employment lawyer Howard Levitt outlines a strategic framework for chief executives facing unprecedented personal legal, regulatory and reputational exposure in today's business environment.
Japan Holds Interest Rate, Global Markets Mixed
World stock markets show a mixed performance as Japan's central bank maintains its key interest rate, while U.S. futures slip. The decision influences global investor sentiment amid ongoing economic uncertainty.
Lululemon Founder Blames Board for Get Low Launch Failure
Lululemon founder Chip Wilson criticizes board for operational failure in Get Low collection launch, plans to nominate three new directors to reshape company leadership.
SpaceX Taps Four Banks for Blockbuster IPO
Elon Musk's SpaceX has engaged Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley to lead what could become the largest initial public offering in history, with a potential valuation reaching $800 billion.
Toys 'R' Us Canada Sued by Suppliers Over Unpaid Goods
Multiple suppliers are taking Toys 'R' Us Canada to court, alleging non-payment for merchandise, as revealed in recent legal documents filed in Ontario.
Sudbury's Positive Inception Founder to be Honoured
Ryan Benoit, founder of the Positive Inception clothing line launched during his Laurentian University studies, will be recognized for his community impact in Sudbury.
Canadian CEOs Less Confident in Global Economy: Survey
A new PwC survey reveals Canadian business leaders are less optimistic about the global economic outlook compared to international peers, citing persistent trade concerns and geopolitical uncertainties.
Lululemon Founder Slams Board Over See-Through Leggings
Chip Wilson, founder of Lululemon, publicly criticizes the company's board after the latest product failure involving see-through leggings, echoing past quality issues.
AI 'Regime Change' to Fuel Canadian Stocks: Vanguard
Vanguard Group forecasts AI adoption will drive revenue and margin growth for Canadian companies, particularly in services sectors like finance and telecommunications.
AI 'Regime Change' to Fuel Canadian Stocks: Vanguard
Vanguard Group forecasts AI adoption will drive revenue and margin growth for Canadian companies, particularly in services sectors like finance and telecom, boosting productivity.
Paramount Extends Warner Bros. Tender Offer
Paramount Skydance Corp. extends its tender offer for Warner Bros. Discovery shares, intensifying the corporate takeover battle against Netflix's streaming acquisition deal.
Lululemon Founder Blames Board for Clothing Quality Problems
Chip Wilson, founder of Lululemon, publicly faults the company's board for reported issues with thin fabrics and poor fit in the Get Low line, sparking debate over brand direction.
Lululemon Founder Blames Board for Get Low Problems
Lululemon founder Chip Wilson has publicly criticized the company's board of directors for recent operational and strategic issues affecting the Get Low clothing line, citing governance concerns.
P&G Revenue Misses Estimates on Weak U.S. Spending
Procter & Gamble reports quarterly revenue below analyst forecasts, attributing the shortfall to declining consumer spending in the United States market.
GE Aerospace Forecasts 2026 Profit Above Estimates
GE Aerospace has issued an optimistic profit forecast for 2026, surpassing market estimates, driven by robust performance in its aftermarket services and parts division.
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