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Teen retailer Aeropostale files for bankruptcy protection
Struggling teen retailer Aeropostale has filed for Chapter 11 bankruptcy protection, succumbing to years of losses as shoppers move to fast-fashion and online retailers.
Posted on 5-04-2016 at 10:08 AM
Lack of listings push Toronto detached home prices to new highs
Detached home prices in Toronto rose 18.9 percent in April, as a lack of supply in the single-family home market pushed prices higher.
Posted on 5-04-2016 at 9:52 AM
Maple Leaf Foods serves up better-than-expected quarterly profit
Canadian meat processor Maple Leaf Foods served up a better-than-expected quarterly profit, helped by higher earnings in its prepared meats business.
Posted on 5-04-2016 at 9:20 AM
Torstar soars to $53.5-million Q1 loss as revenues fall, expenses rise
Torstar's first-quarter loss soared to $53.5-million as the company recorded extra expensives related to its transition towards more digital media, and a loss in revenue at its traditional businesses.
Posted on 5-04-2016 at 8:57 AM
Canada's trade deficit widens to all-time record of $3.41 billion
Canada's trade deficit in March unexpectedly widened to a record $3.41 billion as exports sank for a second month on widespread weakness, Statistics Canada data indicated on Wednesday.
Posted on 5-04-2016 at 8:48 AM
Shopify results top expectations; raises revenue forecast
Shopify, a Canadian company that makes software that helps retailers set up and manage online stores, posted better-than expected results, raising its full-year revenue forecast.
Posted on 5-04-2016 at 8:34 AM
Toronto councillors vote to legalize UberX
Toronto will allow UberX to operate legally in the city while also cutting regulations for taxis, a decision that came after hours of heated city council debate on Tuesday.
Posted on 5-04-2016 at 8:25 AM
Oil turns lower after bigger-than-forecast U.S. crude build
A bigger-than-expected build in U.S. crude inventories to fresh record highs pushed oil markets lower on Wednesday after an early rally over concerns about production cuts in Canada's oil sands region due to a wildfire.
Posted on 5-04-2016 at 8:02 AM

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