Mexican billionaire Ricardo Salinas Pliego lost $400 million in a sophisticated stock-lending fraud while attempting to invest in bitcoin. The elaborate scheme involved fake financial institutions and false claims of aristocratic lineage.
Quebec Superior Court has approved the buyout plan for Montreal fashion retailer SSENSE, prioritizing employee job preservation over lender-led liquidation efforts.
The founders of luxury retailer Ssense have obtained court approval for their $78 million buyout of the company, overcoming opposition from a group of major lenders seeking liquidation.
The Ontario Teachers' Pension Plan Board is pivoting its climate strategy, moving from emissions tracking to prioritizing sustainable investments, as announced in its latest financial report.
CFFI Ventures Inc., led by seafood billionaire John Risley, seeks creditor protection amid $776 million debt and legal claims while planning asset transfer to new entity.
7-Eleven Canada is expanding with a focus on franchising, a restaurant-style model, and introducing Japanese-inspired egg salad sandwiches to drive growth in the competitive convenience market.
John Deere has increased its full-year profit forecast, driven by a strong rebound in construction equipment sales and agricultural demand, leading to a significant surge in its share price.
7-Eleven Canada is pursuing aggressive growth by expanding its franchising network, introducing a restaurant-style model, and focusing on popular food items like egg sandwiches to boost sales and market presence.
The Sarjeant Propane Co Ltd. collaborates with First Nation artists and youth to bring Indigenous artwork to its fleet, showcasing a bold propane tank truck design.
MTY Food Group Inc. reported a profitable fourth quarter, marking a significant turnaround from a loss in the same period last year, driven by strong performance across its restaurant brands.
Canadian Tire reports a significant increase in Q4 revenue compared to the previous year, driven by strong holiday season performance. The retailer's sales surge highlights consumer spending trends.
Major oil companies are aggressively pursuing projects to rapidly increase Venezuela's crude production, but significant operational and political hurdles loom, potentially slowing long-term gains.
Royal Bank of Canada has hired Goldman Sachs equities trader Noel Reyes to lead electronic trading and algorithm development, part of RBC's expansion in global stock trading.
New Walmart CEO John Furner adopts a cautious approach amid economic uncertainties, focusing on stability and strategic growth for the retail giant.
Regina-based AGT Food and Ingredients Inc. has filed to become publicly traded again through a $425 million IPO on the Toronto Stock Exchange, seven years after privatizing in a $436 million deal.
Labrador Gold Corp. cautions shareholders about a dissident group's vote-contingent dividend promise, comparing it to previous misleading campaigns. The company urges voting only on the BLUE proxy ahead of the February 20, 2026 deadline.
Discovery Silver Corp. announced robust financial results for Q4 2025, showing significant earnings growth, improved gold production, and a 20% increase in cash position to $410.7 million.
Hitachi Rail announces a C$30 million investment in a new state-of-the-art Canadian headquarters in Toronto, reinforcing its commitment to Ontario and rail technology leadership.
2 Crows Brewing, a popular Halifax craft brewery, is shutting down after nearly 10 years of operation, marking the end of an era for local beer enthusiasts.
Retail billionaire Les Wexner told Congress he was deceived by Jeffrey Epstein, denying any knowledge of the financier's crimes. The testimony follows new document releases detailing their long association.
DoorDash has announced impressive quarterly growth in sales and order volumes, yet the company cautions about substantial upcoming expenses that could impact profitability.
A former academic prediction market operator argues commercial platforms are essentially gambling operations that require deliberate regulatory oversight to protect Canadian citizens from potential harms.
The grandson of the creator of Reese's Peanut Butter Cups has publicly criticized The Hershey Company, alleging the candy giant is damaging the iconic brand by using lower-cost ingredients in many products.
Leading food corporations are allocating substantial funds to overhaul their brands in response to changing consumer preferences driven by new weight-loss medications.
TFI International Inc. is actively seeking growth opportunities through acquisitions, even as trade uncertainties make future forecasting challenging for the logistics giant.
The Saskatchewan government plans to allocate an additional $655 million in spending, drawing criticism from the NDP opposition, which calls for greater transparency and accountability in fiscal management.
A longtime business associate of seafood magnate John Risley has filed a claim alleging that Risley's company owes him $22 million, highlighting a significant financial dispute in the corporate sector.
Warner Bros Discovery has reopened takeover talks with Paramount for a final offer, despite a pending Netflix deal. The deadline is Monday, with shareholders voting on March 20.
The S&P/TSX composite index experienced a significant rally, climbing more than 400 points, while U.S. stock markets also posted gains, reflecting a broad positive shift in investor sentiment.
Billionaire Les Wexner, former CEO of Victoria's Secret parent L Brands, states he was deceived by adviser Jeffrey Epstein, describing him as a sophisticated fraudster in a recent statement.