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The Chartered Professional Accountants of Canada says a cyberattack on its website has affected the personal information of more than 329,000 members and stakeholders. The organization says the information includes names, addresses, emails and employer names, but that passwords and Read more …
The number of people filing for bankruptcy fell to a record low in April, as government support programs and mortgage deferrals during the coronavirus pandemic are keeping people’s heads above water for now. According to official data released by the Read more …
After running the Bank of Canada for almost seven years, Stephen Poloz has joined the board of directors at Calgary-based pipeline firm Enbridge Inc. Poloz’s last official day at the Bank of Canada was Tuesday. He was replaced by Tiff Read more …
Sail Outdoors Inc. has filed for bankruptcy protection so it can restructure amid the COVID-19 pandemic. The Laval, Que.-based retailer says in a statement that it filed for protection under the Bankruptcy and Insolvency Act as part of a restructuring Read more …
Protests against racism and in support of the black community sparked by the death in police custody of George Floyd in Minneapolis over a week ago continue across the United States and around the world. The public outcry inspired Nike to produce Read more …
The Bank of Canada held its benchmark interest rate steady at 0.25 per cent on Wednesday and said it thinks the economic impact of COVID-19 on the world’s economy “appears to have peaked.” Canada’s central bank has cut its rate Read more …
Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its conferencing service to see colleagues, friends and family while tethered to their homes during the pandemic. Tuesday’s release of the once-obscure Read more …
The rise of the U.S. shale oil sector shook up energy markets worldwide, but the economic wallop of the pandemic is now rattling that same industry to the core. The situation has led to billions of dollars of losses and fears Read more …
Reitmans will shutter 77 Addition Elle and 54 Thyme Maternity stores across Canada as part of its restucturing process, the Montreal-based retailer announced Tuesday. Last month, the 94-year-old fashion chain announced that it would restructure its operations partly because of COVID-19, Read more …
BCE Inc. has decided to partner with Swedish telecommunications equipment maker Ericsson to build its 5G network in Canada. The Montreal-based telecom firm said in a press release Tuesday that it will use Ericsson equipment to build its next generation Read more …