Economy

On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the …

The Commissioner of Competition says plans by Rogers Communications Inc. and Shaw Communications Inc. to sell Shaw’s wireless business do not outweigh the harm that…

Bitcoin is seeing its value rapidly erode amid a global stock market downturn.

Shopify Inc. says it has signed a deal to buy logistics company Deliverr Inc. in a deal valued at about US$2.1 billion.

The Bank of Canada’s effort to cool the housing market by hiking interest rates has house hunters and home owners alike re-examining what kind of mortgage they can …

Guy Stockbridge runs multiple businesses from his headquarters in central California, including landscape companies that ripple across his home state and a utility …

Tesla CEO Elon Musk has laid out some bold, if still vague, plans for transforming Twitter into a place of “maximum fun” once he buys the social media platform for …

Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since g…

TORONTO — Canada’s main stock index lost more than 300 points as a big drop in the technology sector drove it to its lowest level in three months on ongoing concern…

Speculation by Canadians investing in the real estate market is “absolutely” one of the factors contributing to sky-high home prices, says one economist studying ho…

British Columbians are getting an early look at the equipment that will be used to dig Vancouver’s new Broadway subway line.

The Liberal government is insisting that the goal of an upcoming federal spending review is not to slash social programs, while gender-equality advocates want to ma…

TORONTO — Canada’s main stock index suffered its worst two-day slump in nearly two years as a more aggressive tone about interest rate hikes from central banks wrea…

Winnipeg’s vacant downtown Hudson’s Bay store will be converted in part into affordable housing, sources say.

CALGARY — As Ontario’s sizzling real estate market puts home ownership out of reach for many Canadians, a growing number of prospective buyers are looking west in h…

Amazon Canada expects its newest robotics fulfillment centre in Hamilton to create close to 1,500 new jobs as part of an Ontario expansion targeting 4,500 fresh pos…

Canadians have been tipping local businesses more generously during COVID-19 compared to pre-pandemic times, suggests new data released by technology company Square.

Experts say the Bank of Canada’s efforts to tackle inflation with oversized interest rate hikes will take time to bring price growth back to normal levels as the ce…

The country’s benchmark interest rate is rising half a percentage point, the Bank of Canada announced Wednesday, the first time it has raised rates by more than 25 …

The Bank of Canada is moving ahead with another hike to its key policy rate in the face of decades-high inflation rates and record-low unemployment rates.

The Bank of Canada is likely to hike its key overnight rate by half a percentage point on Wednesday, the Conference Board of Canada’s chief economist says, as the t…

U.S. President Joe Biden unveiled plans on Tuesday to extend the availability of higher biofuel blends of gasoline during the summer to curb soaring fuel costs and …

Before we’d ever heard of COVID, there was a time when the first question asked of any Finance Minister delivering their budget was always: “Is it balanced?” Those …

Canada’s unemployment rate dropped to a record low 5.2 per cent in March as provinces including Ontario and Quebec saw record employment gains in an already tight j…

CIBC’s chief executive officer says a tax hike targeting major financial institutions expected in today’s federal budget could send the wrong signal to the world ab…

The New Democrats are confident there will be “no surprises” in the federal budget and that the Liberals will honour spending pledges made in their confidence and s…

Republicans are doing their best to resurrect the controversy around the long-dead Keystone XL pipeline expansion, using it as an election-year political cudgel aga…

The head of the Federation of Canadian Municipalities says the federal Liberals must be ambitious about lowering the cost of housing in the federal budget later thi…

Canada’s Liberals find themselves in a bind ahead of this week’s budget: the economy has recovered from the pandemic, yet Prime Minister Justin Trudeau has pledged …

The federal government is looking to “future proof” the carbon price against political decisions to cancel or lower it down the road.

Gas prices in some provinces are set to rise Friday as the federal carbon tax increases.

Including striking workers in a proposed anti-scab bill was a “major component” of negotiations while hashing out a confidence and supply agreement with the Liberal…

Real estate watchers say rising interest rates are already starting to have a “cooling effect” on Canada’s hot housing market, but some economists are warning that …

Surging inflation has a growing number of Canadians concerned they won’t be able to stretch their dollars far enough to keep food on the table, according to the lat…

Red-hot inflation has Canadians opening their wallets wider at the grocery store and gas pump, but that’s not stopping them from also spending on travel, new cars a…