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Circle K owner makes a play for global convenience store giant 7-Eleven

Circle K owner makes a play for global convenience store giant 7-Eleven

A dominating convenience store chain could land in Canadian hands after the owner of Circle K offered to buy one of the sector's biggest players, laying the groundwork to potentially unite them in a mammoth global retail business.
July flash floods in Toronto, southern Ontario caused over $940M in insured damage

July flash floods in Toronto, southern Ontario caused over $940M in insured damage

TORONTO — Initial estimates put the total insured damage caused by flash flooding in Toronto and other parts of southern Ontario in July at more than $940 million.
US settles with billionaire Carl Icahn for using company to secure personal loans worth billions

US settles with billionaire Carl Icahn for using company to secure personal loans worth billions

Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral.
Statistics sa¹ú¼Ê´«Ã½ says median family after-tax income in 2022 down after inflation

Statistics sa¹ú¼Ê´«Ã½ says median family after-tax income in 2022 down after inflation

OTTAWA — Statistics sa¹ú¼Ê´«Ã½ says the median family after-tax income in 2022 fell compared with 2021, after adjusted for inflation, with young people being the hardest hit.
Too many people, not enough management: A look at the chaos of 'overtourism' in the summer of 2024

Too many people, not enough management: A look at the chaos of 'overtourism' in the summer of 2024

SINTRA, Portugal (AP) — The doorbell to Martinho de Almada Pimentel’s house is hard to find, and he likes it that way.
Cogeco signs pair of agreements to advance plans to offer wireless services

Cogeco signs pair of agreements to advance plans to offer wireless services

MONTREAL — Cogeco Inc. says it has signed partnership agreements with both a national wireless network operator and Eastlink as part of its plan to develop its wireless service in sa¹ú¼Ê´«Ã½.
Young people flaunt their used stuff as 'underconsumption' goes viral

Young people flaunt their used stuff as 'underconsumption' goes viral

Young people on social media are showing off their 12-year-old water bottles, sweaters from high school with patched holes and dish rags made from cut up old T-shirts.
Sectors that earned most corporate capital gains created no jobs over 5 years: report

Sectors that earned most corporate capital gains created no jobs over 5 years: report

OTTAWA — Two sectors were responsible for the majority of corporate capital gains earned in sa¹ú¼Ê´«Ã½ over five years but added no new jobs over that time span, a new study found.
Teamsters union serves strike notice to CPKC; CN Rail issues lockout notice

Teamsters union serves strike notice to CPKC; CN Rail issues lockout notice

More than 9,000 workers at sa¹ú¼Ê´«Ã½'s two major railways could be either on strike or locked out as of Thursday, disrupting supply chains relied upon by many industries. The union representing thousands of workers at Canadian Pacific Kansas City Ltd.
Toronto area sees more rain a day after record-setting downpour

Toronto area sees more rain a day after record-setting downpour

TORONTO — Several southern Ontario communities saw more rain on Sunday and braced for still more wet weather a day after a storm soaked the region and broke at least one precipitation record.