The Bank of Montreal ran an "abusive" tax avoidance scheme and inflated its losses by $288 million using foreign shell companies, deliberately thwarting Canada's tax laws, the federal government alleges.
A new investigation by The Fifth Estate explores the hidden role of money and power in the battle over the Keystone XL pipeline.
The Paradise Papers leak has provided an unprecedented look at the offshore manoeuvrings of a big Canadian bank, including what senior BMO executives fretted about behind closed doors as they ran a subsidiary based in a tax haven.
The Global Skills Strategy, a fast-track immigration program designed to bring high-tech talent to Canada, has hooked more than 1,600 people in its first two and a half months, according to numbers obtained by CBC News.
Snapchat-owner Snap Inc. on Tuesday reported slower user growth than Wall Street expected and said it was redesigning the app, sending shares down about 20 per cent on concerns it was being beaten by established rivals such as Facebook's Instagram.
Canada's central bank is not worried that people will expect very low inflation to continue because it has repeatedly fallen short of the Bank of Canada's two per cent target, governor Stephen Poloz said Tuesday.
As sports media companies deal with declining viewership, several Canadian tech startups have joined the race to change the way people consume sports.
Despite Cineplex's lowest third-quarter attendance numbers in more than a decade, the head of Canada's largest movie theatre chain says 2017 will probably end up on a par with last year thanks to a strong roster of new titles in the final months.
After coming under fire for stashing billions in profits in Ireland's low-tax jurisdiction, Apple set up other tax-reducing subsidiaries, including one in the British island of Jersey.
OPEC is seeking to achieve consensus agreement before a meeting on Nov. 30 on how long to extend a global pact to curb oil production, OPEC's secretary general said on Tuesday, with no country unwilling to prolong the accord.
Forty-nine Donkin mine workers are considering returning to work in Alberta after getting their layoff notices Tuesday.
Shares of Valeant Pharmaceuticals International Inc. surged Tuesday after the company reported a profit of $1.3 billion in its latest quarter, boosted by a one-time gain related to an internal tax reorganization.
Telecom conglomerate BCE Inc. is offering to buy home security firm AlarmForce Industries Inc. for $166 million.
The Paradise Papers leak shows a bigger chunk of former prime minister Paul Martin's financial legacy has been routed through offshore jurisdictions than was previously known.
It's no secret that many wealthy Canadians are squirrelling away fortunes offshore to avoid — or even evade — taxes. What is secret is just how much money it's costing fellow Canadians and the national treasury each year.
CBC News continues to hear complaints from TD Canada Trust customers after the bank said last week it had resolved its e-transfer payment problem.
Liberal fundraiser Stephen Bronfman, under fire for his ties to an offshore trust in the Cayman Islands exposed in the Paradise Papers, insisted Monday that he "has never funded nor used offshore trusts." But documents point to close business ties between his investment company Claridge and the Cayman Islands-based Kolber Trust.
Murray Koffler, the founder of Shoppers Drug Mart, has died at the age of 93, according to Loblaw Companies Ltd.
Canadian travellers hoping to vacation in St. Maarten this winter will have to make alternative plans after hurricane damage forced several airlines to suspend service for the season.