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North York Re/MAX brokerage has accounts frozen

North York Re/MAX brokerage has accounts frozen

In a rare move, Ontario’s real estate regulator has frozen the bank accounts of a North York Re/MAX brokerage after an inspection turned up financial irregularities at Re/MAX Right Choice…

TSX closes above 16,000 for first time, led by energy companies

TSX closes above 16,000 for first time, led by energy companies

Canada’s benchmark stock index topped 16,000 points for the first time on Monday, the first trading day since it set a record high on Friday. When the stock market closed…

TSX climbs to record high above 15,950

TSX climbs to record high above 15,950

The Toronto Stock Exchange’s benchmark index rose to a new intraday record on Friday, as financial services and energy companies that are so prevalent on the exchange moved higher. Shortly…

HBC sells Lord & Taylor flagship store in NYC to WeWork for $1B

HBC sells Lord & Taylor flagship store in NYC to WeWork for $1B

The Hudson’s Bay Company has struck a deal to sell Lord & Taylor’s flagship store in New York to office-sharing company WeWork, which will move into some space in the…

Hudson’s Bay CEO Jerry Storch leaving company

Hudson’s Bay CEO Jerry Storch leaving company

Jerry Storch is stepping down as chief executive of Hudson’s Bay Co., the retailer announced after the close of stock markets on Friday. Storch will depart effective Nov. 1 and return to his…

New mortgage rules will require financial stress test for uninsured borrowers starting in 2018

New mortgage rules will require financial stress test for uninsured borrowers starting in 2018

Canada’s top banking regulator has published the final version of its new mortgage rules, which include a requirement to “stress test” borrowers with uninsured loans to ensure they could withstand…

Canada urgently needs diversity in science, tech, engineering and math: report

Canada urgently needs diversity in science, tech, engineering and math: report

Ana Sofia Barrows graduated with a degree in medical physics, and the 24-year-old works in the science field. Yet she’s been told, on more than one occasion, that she doesn’t…

The history of Sears Canada: From Catalogues to Collapse

The history of Sears Canada: From Catalogues to Collapse

Generations of Canadian kids dreamt about their toys in the Christmas Wish Book while their parents swore by the mattresses and appliances for decades. Now after 65 years, Sears —…

Tim Hortons franchisee group files lawsuit against parent company Restaurant Brands International

Tim Hortons franchisee group files lawsuit against parent company Restaurant Brands International

By Aleksandra SaganThe Canadian Press Fri., Oct. 6, 2017 VANCOUVER—The legal battle between a group of Tim Hortons franchisees and their parent company escalated Friday as the corporate-unsanctioned franchisee association…

Bombardier could eventually join Siemens-Alstom, says French finance minister

By Julien ArsenaultThe Canadian Press Wed., Oct. 4, 2017 Article Continued Below “I am convinced that this consolidation will integrate, at the appropriate time, Bombardier (Transportation) and the Spanish manufacturer…