Financial Post

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Bank of Canada says net loss narrowed to $934 million in first quarter

Bank of Canada has remitted billions to government over the years but decisions made during COVID-19 pandemic led to losses. Read more.

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Ontario to speed up alcohol expansion; pay The Beer Store up to $225M

Ontario is ramping up its alcohol sales expansion and the move comes with up to $225 million in public money for The Beer Store. Read more.

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Canada is probably already in recession, says David Rosenberg

Canada's economy is weak and the Bank of Canada should cut interest rates, says top economist David Rosenberg. Watch him now

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Canada's retail sales jump 0.7% in April after weak first quarter

Canadian consumer spending sharply rebounded last month, after weaker-than-expected retail sales in the first quarter. Read more

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Lululemon hits bottom of S&P 500 as concern over outlook builds

Lululemon Athletica stock has now declined 41% this year and is the worst performer in the S&P 500 index so far in 2024. Read more

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Hackers release corporate data stolen from London Drugs, company says

London Drugs says hackers who stole files from its head office have released some of the data after it refused to pay a ransom. Read on

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Posthaste: Women are paid less even in retirement, pension gap study finds

Canadian men have consistently fared better than women during their retirement and the situation hasn't improved much since 1976. Read more.

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Gildan’s CEO and board resign as activist investor triumphs

Gildan Activewear’s CEO and board quit, conceding defeat after a five-month battle with an activist shareholder. Read more

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Competition Bureau probes alleged anticompetitive conduct by Loblaws, Sobeys owners

Competition Bureau has launched investigations into the parent companies of Loblaws and Sobeys for alleged anticompetitive conduct. Read on

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How Wealthsimple is trying to beat the big banks at their own mortgage game

Wealthsimple and Pine Mortgage have teamed up to offer online mortgages with a deal to rebate a portion of your mortgage payments. Read on.