Company News

Canada’s big banks are exploring the development of Canadian dollar-based digital money, starting with a tokenized deposits initiative.

The Competition Bureau says it has reached a deal with Empire Co. Ltd. regarding its use of property controls, formalizing commitments made by the grocer.

Flair Airlines CEO Len Corrado is feeling the heat from high jet fuel prices as he steers away from a recent strategy targeting business travellers.

BlackBerry Ltd.’s QNX division and software partner Vector have signed a deal with Coretura that will see the joint venture founded by Daimler Truck and Volvo Group use its Alloy Kore vehicle software.

DoorDash will pay $131.5 million to settle claims that it underpaid delivery workers in New York City, Mayor Zohran Mamdani announced.

Companies betting AI devices will usher in a post-smartphone era are fueling privacy fears that could slow adoption of the emerging technology.

Hammond Power Solutions Inc. says it has signed a long-term lease for a new manufacturing facility in Fort Worth, Texas, to meet the growing demand from data centre projects.

TC Energy Corp. says it has signed a deal to sell its Guadalajara-Manzanillo pipeline in Mexico to Esentia Energy Development for $560 million.

Paramount Skydance emerged victorious on from a legal battle over its US$110 billion acquisition of Warner Bros Discovery after settling lawsuits.

Oura kicked off the roadshow for its U.S. initial public offering on Monday, targeting a fully-diluted valuation of US$15.62 billion as the smart ring makertests investor appetite for consumer technology companies after a tepid start to the fall IPO season.

The Ontario government has fined ticket reseller StubHub Canada Ltd. $20,000 under a recent law that caps the sale of seats at face value.

CAE Inc. says it has secured a $300-million contract to train U.S. air force crews, despite Trump's ban on procurement from Canadian companies.

Alphabet’s Google on Monday opened pre-orders for Googlebook, its new premium laptop category for Android users built around the company’s Gemini AI tools.

As Canadians increasingly turn to second-hand goods to stretch their dollars, some of the country’s biggest brands are looking to capture a piece of the growing resale market themselves.

Irving Oil has announced the appointment of European energy executive Alfred Stern as its next president and chief executive.