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Watchdog unveils guidelines to support mortgage-holders under financial stress – Business News

Lenders urged to be ‘fair’ The Canadian Press – Jul 5, 2023 / 9:19 am | Stories: 435360 Photo: The Canadian Press Canada’s financial consumer watchdog is warning lenders not to take advantage of Canadian mortgage holders who are facing severe financial stress as interest rates and the cost of living rise. The Financial Consumer […]

Watchdog unveils guidelines to support mortgage-holders under financial stress – Business News Read More »

Mitigation efforts continue at Suncor in wake of cyberattack – Business News

Photo: The Canadian Press A Petro-Canada gas station is seen in Ottawa on Tuesday March 30, 2021. Canada’s top technical authority on cybersecurity says it is working closely with Suncor Energy Inc. in the aftermath of a high-profile system breach at the energy giant. THE CANADIAN PRESS/Adrian Wyld Canada’s top technical authority on cybersecurity is

Mitigation efforts continue at Suncor in wake of cyberattack – Business News Read More »

Canada’s economy grew by more than expected in the first quarter, upping the odds of the rate hike next week

The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday. The latest data shows growth beating out the federal agency’s own forecast of 2.5 per cent for the quarter. A preliminary estimate suggests the economy grew by 0.2 per cent in April, after

Canada’s economy grew by more than expected in the first quarter, upping the odds of the rate hike next week Read More »

Conservatives wouldn’t allow Teck takeover: Poilievre – Business News

Photo: Nelson Bennett Conservative Party Leader Pierre Poilievre said ‘actions like Glencore’s are unacceptable.’ Pierre Poilievre and his Conservative Party are in no position to do anything about Glencore’s bid for Teck Resources (TSX:TECK.B,NYSE:TECK), but if the Conservatives were in power, they would use the Investment Act to prevent what Poilievre calls a hostile takeover.

Conservatives wouldn’t allow Teck takeover: Poilievre – Business News Read More »

Trump arrested? Putin jailed? Fake AI images spread online – Business News

Arijeta Lajka And Philip Marcelo, The Associated Press – March 23, 2023 / 11:52 am | Stories: 417588 Photo: The Canadian Press Images created by Eliot Higgins with the use of artificial intelligence show a fictitious skirmish with Donald Trump and New York City police officers posted on Higgins’ Twitter account, as photographed on an

Trump arrested? Putin jailed? Fake AI images spread online – Business News Read More »

Nordstrom Canada will launch sales at its closing stores starting Tuesday

The liquidation sales at Nordstrom stores across Canada will begin Tuesday, a spokesperson for the department store chain confirmed in an email to CBC News. At a hearing at Osgoode Hall in Toronto on Monday, the Ontario Superior Court of Justice gave the US retailer’s Canadian branch permission to start liquidating its merchandise. Lawyer Jeremy

Nordstrom Canada will launch sales at its closing stores starting Tuesday Read More »

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