Business World

If the more bullish forecasts prove accurate, a return to triple-digit oil prices could be just around the corner, as Canadian consumers struggle to keep pace with sharply higher prices for many essentials, including food. Motorists could be paying even more to drive, on top of high costs for essentials …

Growth has already slowed considerably. Job growth has moderated. Inflation remains stubbornly high. But the pain households are feeling today is only going to get worse. Is Canada already in a recession? We should get a good indication this week The Canadian economy is headed for a rough patch. Growth …

Credit- and debit-processing firm Moneris confirmed it experienced a network outage on Saturday, causing problems with customer payment terminals in several parts of Canada. Outage lasted 90 minutes, according to payment processing firm Credit- and debit-processing firm Moneris confirmed it experienced a network outage on Saturday amid widespread reports of …

The union representing Ford Motor Co. of Canada workers, who are voting on a new collective agreement, says the three-year tentative contract includes a 10 per cent wage hike immediately, followed by increases of two per cent and three per cent in the remaining years. Unionized workers voting on tentative …

The rubber will hit the road around the issue of what constitutes Alberta's fair share of CPP assets. Rubber hits the road around what constitutes a fair share of the CPP's assets As Albertans weigh whether a provincial pension plan is a better alternative than staying with the almost 60-year-old …

Amazon Prime Video users will see ads on shows and movies from early next year unless they subscribe to an ad-free tier that would cost more, the tech giant said on Friday. Move will take effect in 2024, Canadians can opt out of ads for a yet-to-be determined monthly fee …

The ongoing strike by autoworkers at automotive plants in the United States will idle manufacturing plants in Canada in a matter of days, according to industry experts. UAW has threatened to expand strike action if no 'serious progress' in negotiations American autoworkers will strike at 38 more supplier plants as …

The Authors Guild, a U.S. trade group for writers, filed the proposed class-action on Tuesday on behalf of 17 plaintiffs, including big literary names John Grisham, Jodi Picoult, Roxane Gay, Suzanne Collins, Doug Preston George R.R. Martin and Jonathan Franzen. The Authors Guild's proposed class action says writers should be …

Adidas CEO Bjorn Gulden said he doubts that Ye, the artist formerly known as Kanye West, "meant what he said" when he made a series of antisemitic and other offensive remarks last year. Company has faced lawsuits, and is sitting on $1.3B worth of Kanye-branded kicks Adidas CEO Bjorn Gulden …

Rupert Murdoch has stepped down as the chairman of Fox Corp. and News Corp., ending a more than seven-decade career during which he created a media empire spanning from Australia to the United States. Son Lachlan Murdoch, the co-chair and CEO of Fox, will take over as chair of News …