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Feds finalize Visa, Mastercard agreements lowering fees for small businesses

Feds finalize Visa, Mastercard agreements lowering fees for small businesses

OTTAWA — The federal government has finalized agreements with Visa and Mastercard that will see small businesses pay lower credit card transaction fees, it announced Thursday.
Bank of sa¹ú¼Ê´«Ã½ highlights risk of bank sector stresses, high household debt

Bank of sa¹ú¼Ê´«Ã½ highlights risk of bank sector stresses, high household debt

Bank of sa¹ú¼Ê´«Ã½ governor Tiff Macklem says he has no plans to cut interest rates any time soon, even as higher rates intensify risks associated with household debt and vulnerabilities in the Canadian financial system.
Russia fires 30 cruise missiles at Ukrainian targets; Ukraine says 29 were shot down

Russia fires 30 cruise missiles at Ukrainian targets; Ukraine says 29 were shot down

KYIV, Ukraine (AP) — Russia fired 30 cruise missiles against different parts of Ukraine early Thursday in the latest nighttime test of Ukrainian air defenses, which shot down 29 of them, officials said.
Telus offering buyouts after investing in customer service tech, self-serve options

Telus offering buyouts after investing in customer service tech, self-serve options

VANCOUVER — Telus says it's offering buyouts to a large group of employees and anticipates several hundred workers will take them.
Lineups return to sa¹ú¼Ê´«Ã½ Goose stores amid rebound in shoppers, especially in China

Lineups return to sa¹ú¼Ê´«Ã½ Goose stores amid rebound in shoppers, especially in China

Shoppers are once again queuing up outside sa¹ú¼Ê´«Ã½ Goose stores amid a strong rebound in foot traffic and demand for the luxury parka maker's expanding collection, the company said Thursday.
Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years

Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years

LOS ANGELES (AP) — A persistently low inventory of homes on the market held back U.S. home sales again in April, even as the national median sale price posted its biggest annual drop in 11 years. Existing home sales fell 3.
Lightspeed Commerce reports US$74.5M Q4 loss, revenue up 26% from year ago

Lightspeed Commerce reports US$74.5M Q4 loss, revenue up 26% from year ago

When Lightspeed Commerce Inc.'s chief executive surveys the months ahead, he sees it as "a year of two halves." "The first half of the year for us is going to be more costly, slower growth, but then the second half of the year for us...
Héroux-Devtek reports Q4 profit down from year ago, sales up

Héroux-Devtek reports Q4 profit down from year ago, sales up

LONGUEUIL, Que. — Héroux-Devtek Inc. reported a fourth-quarter profit of $6.3 million, down from $11.5 million a year earlier as its sales climbed higher.
Teachers, parents share advice on whether and how to approach end-of-year gifts

Teachers, parents share advice on whether and how to approach end-of-year gifts

TORONTO — In the fleeting days of the school year, some students will head to class with more than books, lunch and excitement for their impending summer off.
Fewer Americans apply for jobless benefits, labor market still showing strength

Fewer Americans apply for jobless benefits, labor market still showing strength

Fewer Americans applied for jobless benefits last week after a previous spike that some took as a sign that higher interest rates were finally cooling the labor market.