Hongqi Targets Stellantis Spain Plant for Europe Push
China FAW's Hongqi, historically favored by Mao Zedong, is considering acquiring a Stellantis plant in Spain to boost its European presence, marking a strategic expansion.
China FAW's Hongqi, historically favored by Mao Zedong, is considering acquiring a Stellantis plant in Spain to boost its European presence, marking a strategic expansion.
Manitoba Harvest introduces new Superfood Smoothie Boosters, available exclusively at Sprouts Farmers Market nationwide, offering nutrient-rich blends.
Desjardins economist Royce Mendes argues that Tiff Macklem and Kevin Warsh misinterpret productivity's effect on neutral rates, potentially leading to mistaken interest rate decisions.
Different prices for the same goods or services lead to more transactions, benefiting both buyers and sellers. William Watson explains why price discrimination is harmless.
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RecommendedCanada Post's $1.57 billion loss for 2025 highlights its financial crisis. Michael Taube argues that privatization and competition are the only solutions.
Jesse Kline argues Mark Carney's proposed Canada Strong Fund, funded with borrowed money, mirrors failed Liberal policies and contrasts with Norway's debt-free model.
Lisa Sygutek argues that the CBC uses public funds to poach reporters from local news outlets, undermining the independent media it claims to support.
European shares rose after a retreat in Asia, while oil prices climbed amid Iran war concerns. Markets digest geopolitical risks and corporate news.
Quebec-based Simons opens 20th store in Vancouver, leveraging its heritage and in-house brands to succeed in Canadian retail amid growing support for local companies.
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RecommendedOprah Winfrey signs a multiyear deal with Amazon for her podcast, expanding her media presence.
Premier Susan Holt expressed disappointment that Agropur did not inform the province before deciding to end operations in Sussex, N.B., calling for better communication.
Rogers Communications offers voluntary buyout packages to half of its 25,000 employees as it aims to reduce costs amid aggressive competition from BCE and Telus.
Top stories: rental market collapse hurts homeowners, Shell buys ARC Resources for $22B, Carney launches $25B sovereign wealth fund, BOC rate decision, and government spending.
Rogers Communications is offering voluntary buyouts to about 10,000 employees, roughly half its workforce, as the telecom giant faces slow growth and debt challenges.
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RecommendedCanadian tech entrepreneur Yanik Guillemette publishes an action plan for Quebec SMEs to overcome productivity challenges through ethical AI integration and automation.
A Canadian buyout of Arc Resources by Shell is a 'win-win deal' that saves Shell's declining oil reserves, according to oil analyst John Stephenson.
OpenAI and Microsoft have revised their partnership, ending exclusivity for selling AI models. Microsoft retains primary cloud provider status but no longer pays revenue share on resold products.
Business and tourism leaders advocate for high-speed rail to terminate in downtown Ottawa, boosting connectivity and economic growth.
Business groups welcome PM Carney's new sovereign wealth fund as a strategic tool for economic growth, while political analysts question its viability.
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RecommendedA new Leger survey reveals that nearly half of Quebecers support tolls to fund road repairs, sparking debate on infrastructure financing.
Global airfares have risen 24% year-over-year, and U.S. airline executives indicate these increases may become permanent despite potential fuel cost declines.
Royal Bank of Canada hires Jackson Graham as head of single-name CDS trading and Vincent Boccio as U.S. head of credit electronic trading, among other senior appointments.
Tim Hortons Smile Cookie Week runs until May 3, 2026, with proceeds from each cookie sold going to local charities and community groups across Canada.
A&A Sports Group LLC, led by Alander Pulliam, launches insurance and retirement accounts for athletes, setting a new standard in player welfare.
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RecommendedThe Essex County Library has ratified a new contract, ensuring improved working conditions for staff and continued service for patrons across the region.
New Brunswick has signed a tourism partnership with the Toronto Blue Jays to promote the province to fans, aiming to boost visitor numbers and economic growth.
Discover the ODODOS mini belt bag, a budget-friendly Lululemon Everywhere Belt Bag lookalike with 39 colors, water-resistant nylon, and rave reviews.
Despite record highs, earnings reports reveal Iran war damage affecting companies like Sonoco and Honeywell, with risks ahead.
Tamarack Homes opens new model townhomes at Findlay Creek Village and The Meadows, reflecting shifting buyer preferences and a brand refresh under new leadership.
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RecommendedPrime Minister Mark Carney announces a $25-billion sovereign wealth fund, inspired by Norway and Singapore, to invest in nation-building projects and share profits with Canadians.