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Intensity and persistence of supply chain disruptions surprised Bank of Canada

Intensity and persistence of supply chain disruptions surprised Bank of Canada

TORONTO — The intensity and persistence of supply chain disruptions that have helped fuel the rising cost of living have surprised the Bank of Canada, a senior bank official said Tuesday.
CannTrust renamed Phoena as company continues to rebuild following scandals

CannTrust renamed Phoena as company continues to rebuild following scandals

VAUGHAN, Ont. — Beleaguered cannabis company CannTrust Equity Inc. has been renamed Phoena Holdings Inc.
Strong lumber prices boost Canfor Q1 profits 25 per cent despite pulp losses

Strong lumber prices boost Canfor Q1 profits 25 per cent despite pulp losses

VANCOUVER — Canfor Corp. is reporting a 25 per cent increase in net profits in its latest quarter on near record high North American lumber prices that also boosted revenues. The Vancouver-based company said it earned $534 million of $4.
Mortgage or retirement savings? Where to get the most bang for your extra bucks

Mortgage or retirement savings? Where to get the most bang for your extra bucks

Jennifer Woodfine is constantly wondering whether she should use any extra money to pay down her mortgage faster, or put it towards retirement savings instead.
As restrictions ease and offices reopen, Tim Hortons' downtown restaurants rebound

As restrictions ease and offices reopen, Tim Hortons' downtown restaurants rebound

In one of the surest signs Canadian workers are returning to downtown offices, Tim Hortons says sales at its "super urban" restaurants are rebounding to near pre-pandemic levels.
Molson Coors Q1 profit soars to US$151.5M on best sales growth in more than decade

Molson Coors Q1 profit soars to US$151.5M on best sales growth in more than decade

MONTREAL — Molson Coors Beverage Co. says its profits soared in the first quarter for its largest quarterly sales growth in more than a decade. The Colorado and Montreal-based company, which reports in U.S. dollars, says it earned US$151.
Union drive in full swing at Amazon warehouse in Montreal

Union drive in full swing at Amazon warehouse in Montreal

MONTREAL — A unionization campaign is underway at an Amazon warehouse in Montreal as one of North America's largest employers stares down more labour drives — with only one successful so far.
Cannabis company Choom obtains creditor protection, interim financing from Aurora

Cannabis company Choom obtains creditor protection, interim financing from Aurora

VANCOUVER — Choom Holdings Inc. and some of its subsidiaries have obtained creditor protection from the Supreme Court of British Columbia and interim financing from Aurora Cannabis Inc.
Employers post record 11.5 million job openings in March

Employers post record 11.5 million job openings in March

WASHINGTON (AP) — Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who is unemployed.
Real Estate Board of Greater Vancouver says April home sales down

Real Estate Board of Greater Vancouver says April home sales down

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales in the region fell in April and returned to more historically typical levels for the month.