Microsoft is laying off thousands of employees in a shake-up aimed at selling more subscriptions to software applications that can be used on any internet-connected device.
The Cirque du Soleil is buying Blue Man Productions, the New York entertainment company best known for the Blue Man Group show, in a bid to reach new audiences.
Canada plans to ban some bundled residential mortgages to clamp down on risky lending, a regulator said on Thursday, six months after revelations that regulated mortgage providers were teaming up with unregulated rivals to circumvent rules.
The federal government is hiring the former chief financial officer at one of Canada's largest banks to help oversee its new infrastructure-financing agency. Janice Fukakusa will chair the new board of the Canada Infrastructure Bank.
Canada's trade deficit doubled to $1.1 billion in May, even as two-way trade between Canada and the rest of the world surged to a record high.
The number of homes sold last month in the Greater Toronto Area plunged a whopping 37.3 per cent compared to the same month a year ago, the city's real estate board said Thursday, weeks after Ontario introduced measures aimed at cooling the housing market.
Credit unions across the country are gearing up for a battle of words against the federal government after they were ordered to stop using the terms bank, banker and banking to describe what they do.
Sears has already cut off severance and benefit payments to laid-off workers as part of the restructuring process. Retirees could also wind up losing their benefits and perhaps even a portion of their pension.
Would you want that job? Headline jobless numbers hide important details about job quality.
Calgary Stampede parties aren't what they used to be. According to one party organizer, "As soon as the oil price drops, our phones stop ringing." But the celebrations continue, on a more modest scale.
Alberta's energy regulator has asked the Supreme Court of Canada to review a ruling that could allow energy companies to walk away from cleaning up abandoned oil wells and affect industrial sites across the country.
An eight-day winning streak for oil prices ended today amid news that Russia isn't interested in pursuing deeper production cuts.
Vancouver reveals new steps for regulating short-term rentals
True Religion Apparel Inc., whose heavily adorned denim jeans have fallen out of fashion, filed for bankruptcy on Wednesday with a deal in hand to slash its debt of about $500 million US and emerge from court protection quickly as a going concern.
Molson Coors plans to spend up to $500 million to build a new Montreal brewery instead of modernizing its 231-year-old facility along the St. Lawrence River.
Emirates and Turkish Airways said on Wednesday they have also been exempted from a U.S. ban on laptops in airplane cabins, joining Etihad in satisfying American security concerns that had cut into the long-haul carriers' business.
Prosecutors want a judge to make "Pharma Bro" Martin Shkreli stop talking and filed a motion on Monday asking that he and all attorneys in his criminal case be ordered to refrain from making any statements outside court.