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National Business
National Business
Discount grocers to outperform conventional stores as food prices surge: Report
Discount grocery stores are expected to outshine their conventional counterparts in 2023 as shoppers seek out cheaper food to cope with staggering price increases, a new report released Monday said.
Jan 23, 2023 11:28 AM
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Spotify latest tech name to cut jobs, axes 6% of workforce
LONDON (AP) — Music streaming service Spotify said Monday it's cutting 6% of its global workforce, or about 600 jobs, becoming yet another tech company forced to rethink its pandemic-era expansion as the economic outlook weakens.
Jan 23, 2023 11:21 AM
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Subcontracting ArriveCan development 'seems highly illogical and inefficient:' PM
OTTAWA — Prime Minister Justin Trudeau has asked sa¹ú¼Ê´«Ã½'s top public servant to look into the government's procurement process over what he said seemed to be a "highly illogical and inefficient" contract to develop the ArriveCan app.
Jan 23, 2023 11:00 AM
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Russia, Estonia expel ambassadors amid 'destroyed' relations
MOSCOW (AP) — Russia and Estonia on Monday were expelling the ambassadors from each other's countries in a tit-for-tat move, saying that their diplomatic missions will be headed by charges d'affaires as relations between the countries sank to a new l
Jan 23, 2023 7:42 AM
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Exco Technologies hit by cybersecurity incident at three factories
TORONTO — Exco Technologies Ltd. says three of its factories have been hit by what it is calling a cybersecurity incident.
Jan 23, 2023 7:18 AM
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UFCW sa¹ú¼Ê´«Ã½ provided services to almost 800 Uber workers last year: Uber
TORONTO — Uber sa¹ú¼Ê´«Ã½ says the United Food and Commercial Workers sa¹ú¼Ê´«Ã½ (UFCW sa¹ú¼Ê´«Ã½) union provided services to almost 800 Uber drivers and couriers dealing with disputes with the company last year.
Jan 23, 2023 6:50 AM
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Ritchies Bros. tweaks offer for IAA to up cash component, but trim overall value
VANCOUVER — Ritchie Bros. Auctioneers Inc. is changing the terms of its proposal to buy IAA Inc. to increase the proportion of cash offered but trim the overall value of the bid.
Jan 23, 2023 5:51 AM
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Globalive looks to return to wireless market with bid for Manitoba spectrum
TORONTO — Globalive is looking to return to the Canadian wireless market with an offer to buy spectrum licenses from former wireless company Xplore Mobile.
Jan 23, 2023 5:44 AM
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A quarter of Canadians think prices will eventually fall. Here's why that's unlikely
OTTAWA — What goes up doesn't necessarily come down. That's contrary to the sentiment of a surprisingly large proportion of respondents to the Bank of sa¹ú¼Ê´«Ã½'s quarterly consumer expectations survey, released last week.
Jan 23, 2023 1:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Rogers-Shaw appeal The Federal Court of Appeal will hear the Competition Bureau's appeal of a decision that cleared the way for Rogers Communication Inc.
Jan 22, 2023 7:00 AM
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