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Merger talks between Postmedia and Toronto Star owner fall apart

Merger talks between Postmedia and Toronto Star owner fall apart

Talks to combine two of the biggest newspaper publishers in Canada have fallen apart. Postmedia Network Canada Corp. and Nordstar Capital LP — the majority owner of The Toronto Star and dozens of other smaller newspapers under the Metroland banner — announced late last month that they had entered non-binding discussions about possibly merging. The […]

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Canadians facing financial pressures ahead of the Bank of Canada decision

Canadians facing financial pressures ahead of the Bank of Canada decision

Breadcrumb Trail Links Retirement Personal Finance News economy More Canadians likely to declare bankruptcy, saving for retirement pushed to back burner Published July 11, 2023 • Last updated 3 hours ago • 3 minute read A woman walks past the Bank of Canada headquarters in Ottawa. Photo by Adrian Wyld/The Canadian Press files Article content

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Inflation dip won’t be enough to stop another bank rate hike: analysts

Inflation dip won’t be enough to stop another bank rate hike: analysts

OTTAWA – Forecasters are expecting the Bank of Canada to move ahead with another interest rate hike in July, even as they expect the annual inflation rate to slow significantly. Statistics Canada is set to release its consumer price index report for May on Wednesday, providing the most up-to-date inflation reading ahead of the Bank

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Irving Oil considers the sale of the company as part of a strategic review

Irving Oil considers the sale of the company as part of a strategic review

Irving Oil says it has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, one of the largest in New Brunswick. “A strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” the Saint John-based company

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Angelo’s is closing, Crazy Wisdom is reopening and other Washtenaw County business news

Angelo’s is closing, Crazy Wisdom is reopening and other Washtenaw County business news

WASHTENAW COUNTY, MI — Big news has been happening recently for businesses in and around Ann Arbor. Some longtime businesses are calling it quits after spending decades serving customers, while others are making their debut. There is even one beloved Ann Arbor book store that’s planning to return after closing in 2022. Here are some

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Bank regulator action on climate change ‘overdue and now urgent’ – Business News

Bank regulator action on climate change ‘overdue and now urgent’ – Business News

Climate action ‘over due’ The Canadian Press – Apr 21, 2023 / 6:13 am | Stories: 422543 Photo: The Canadian Press Canada’s environment commissioner says action by the federal banking regulator on climate change is overdue and now urgent. Commissioner Jerry DeMarco said in an audit released Thursday that it’s encouraging that the Office of

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New Ontario Volkswagen EV battery plant to create 3,000 jobs – Business News

New Ontario Volkswagen EV battery plant to create 3,000 jobs – Business News

Photo: The Canadian Press A massive new Volkswagen electric-vehicle battery plant in southwestern Ontario will create up to 3,000 direct jobs and 30,000 indirect jobs in the region. Prime Minister Justin Trudeau, Ontario Premier Doug Ford and top brass from the German automaker are unveiling details of the new Volkswagen “gigafactory” that will be built

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‘Park outside’: GM recalls 40,000 pickups to fix fire risk – Business News

‘Park outside’: GM recalls 40,000 pickups to fix fire risk – Business News

Trucks recalled for fire risk The Canadian Press – Apr 22, 2023 / 9:50 am | Stories: 422776 Photo: The Canadian Press General Motors is recalling certain Chevrolet Silverado medium-duty trucks for model year 2019 or later, following the discovery of a potential leak in brake fluid that could result in a fire. Potentially 40,428

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Snack manufacturer launches Cereal Pop with Fruity Pebbles

Snack manufacturer launches Cereal Pop with Fruity Pebbles

ORLANDO, FL. — SNAX-Sational Brands, a producer of flavored popcorn snacks, is partnering with Post Consumer Brands to launch Cereal Pop popcorn made with Fruity Pebbles. SNAX-Sational currently has two other lines of popcorn, Cookie Pop and Candy Pop, that each feature partnerships with notable companies in their respective sectors. The Fruity Pebbles partnership is

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