Imperial Oil to cut workforce 20% by end of 2027
.Calgary-based Imperial Oil had about 5,100 employees as of the end of 2024, according to a regulatory filing.
Gas prices are down. Here’s why — and could they drop more soon?
Seasonal changes mean gas prices in Canada are heading for some of the lowest prices of the year, and the removal of the consumer carbon price means even more savings.
Stock in Tylenol’s parent company rallies after Trump’s unproven claims
Tylenol's parent company, Kenvue, saw its stock price rebound in premarket trading on Tuesday after U.S. President Donald Trump made unfounded claims about the drug.
RCMP claim record cryptocurrency seizure of $56M in money laundering probe
The Canadian investigation into TradeOgre began in June 2024, following a tip from the European Union's policing agency Europol to the RCMP's money laundering division.
Will interest rates come down? The Bank of Canada is about to decide
The Bank of Canada is widely anticipated to cut interest rates on Wednesday after weak reports on unemployment and economic growth, as well as signs of cooling inflation.
Powerball lottery players in Missouri and Texas to split nearly US$1.8 billion jackpot
The second-biggest lottery prize in American history has a winner. Ticket holders in Missouri and Texas will split the nearly US$1.8 billion prize from Saturday's draw.
Despite weaker U.S. job market data, stock markets are holding steady
Investors on Wall Street and other markets kept their heads cool as data in the United States showed more signs that the labour market is weakening.
Wages and salary data suggest getting a pay boost may soon get harder
Salary growth is expected to drop for Canadians in 2026, according to survey data, as StatCan reports business output and labour productivity declined in the second quarter.
The condo market is struggling. Are they still a good retirement plan?
Condos were once considered a safe investment for people planning their retirement, but Canadians are increasingly wary of investing in condos.