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Why Ontario buyers are scooping up investment properties in Calgary
Natasha Phipps

In recent years, the Calgary real estate market has seen a significant amount of investment from out-of-province buyers, particularly those in Ontario.

Thu, 1 Dec 2022 04:00:00 EST

Concerns grow that Alberta's Sovereignty Act will drive investment from province when it's needed most
ALTA Speech From The Throne 20221129

The business community is speaking out about Premier Danielle Smith's new provincial legislation and how it could drive investment from Alberta at a time when the oilpatch is finally back on its feet after several years in a downturn and as the province tries to keep its economy growing amid a possible recession.

Thu, 1 Dec 2022 04:00:00 EST

'I didn't ever try to commit fraud on anyone,' FTX founder Sam Bankman-Fried says
Sam Bankman-Fried

The man at the centre of collapsed cryptocurrency exchange FTX made his first public appearance since the saga began, telling a New York audience on Wednesday that it was never his intention to commit fraud.

Wed, 30 Nov 2022 17:48:48 EST

DoorDash laying off 1,250 people, about 6% of its workforce

DoorDash Inc. said on Wednesday it was cutting about 1,250 jobs, or six per cent of its total workforce, as the food-delivery company looks to keep a lid on costs to cope with a slowdown in demand.

Wed, 30 Nov 2022 12:52:38 EST

These students are facing real-world economic pressures. Mandatory financial literacy classes may help
Old Scona Students

November is financial literacy month, and as economic matters have become more complex some experts say financial literacy courses should be compulsory at high schools across Canada, even as some provinces have updated financial education curriculum.

Wed, 30 Nov 2022 04:00:31 EST

Alexa, is the voice-assistant industry doomed?
Alexa Kids Privacy

A recent report indicating that Amazon's Alexa division is on track to lose $10 billion US this year is raising questions about the future of the entire voice-assistant industry.

Wed, 30 Nov 2022 04:00:42 EST

Bank of Canada lost $522M in 3rd quarter, marking first loss in its history
BoC-Interest-Rate 20221026

The Bank of Canada lost $522 million in the third quarter of this year, marking the first loss in its 87-year history.

Tue, 29 Nov 2022 21:11:02 EST

RBC to take over HSBC Canada in biggest ever deal for a domestic bank
HSBC bank turkey

Royal Bank of Canada has signed a deal to acquire HSBC Bank Canada for $13.5 billion in cash.

Tue, 29 Nov 2022 08:07:52 EST

Latest GDP numbers show Canada's economy is still growing, but signs of slowdown are everywhere
Nova Scotia Community College (NSCC) construction

Canada's economy expanded slightly in September, with the country's gross domestic product growing by 0.7 per cent during the third quarter.

Tue, 29 Nov 2022 09:46:05 EST

Who's really to blame for Taylor Swift's Ticketmaster fiasco?

Taylor Swift fans were outraged when Ticketmaster's system couldn't keep up with demand when presales started for the superstar's next tour. But a number of entertainment industry experts — and even some Swifties — are asking whether she deserves some of the blame.

Tue, 29 Nov 2022 04:00:00 EST

Apple threatening to pull Twitter from its app store, Elon Musk alleges

Elon Musk accused Apple Inc. of threatening to block Twitter Inc. from its app store and says the iPhone maker has stopped advertising on the social media platform.

Mon, 28 Nov 2022 15:46:20 EST

Crypto lender BlockFi files for bankruptcy protection, caught in FTX fallout

U.S. cryptocurrency lender BlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight of its affiliates, in the latest casualty since FTX collapsed earlier this month triggering instability in the crypto market.

Mon, 28 Nov 2022 11:05:56 EST

Shopify won't cut ties with controversial Libs of TikTok
Shopify 2022

The Ottawa-based company Shopify says it won't be pulling its services from the online store of an anti-LGBTQ social media account that some say is "really dangerous."

Fri, 25 Nov 2022 04:00:00 EST

'Dirty debt secret' guides couple out of the red, others struggle to stay afloat
Walker family - Medicine Hat, Alta.

As Canada's debt-to-disposable income ratio rises, it can bond or break relationships, experts suggest. Statistics Canada says the average Canadian household had about $1.82 in credit market debt for every dollar of disposable income in the second quarter of 2022.

Sun, 27 Nov 2022 04:00:00 EST

Hockey fans can likely bet on seeing more gambling-related advertising — for now
Dallas Stars winger Joel Kiviranta stands near a Bet99 ad, while celebrating a goal in Ottawa

Talk to a hockey fan and the odds are good they'll have something to say about all the betting-related content appearing in NHL broadcasts lately.

Sun, 27 Nov 2022 04:00:00 EST