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Tech sector says more job cuts to come as Elevate conference gets underway

Tech sector says more job cuts to come as Elevate conference gets underway

TORONTO — The Elevate technology conference made its return to Toronto this week with a buzzy spectacle — shutting down several blocks of the Esplanade neighbourhood for a block party with performances from artists like rapper Haviah Mighty and sched
Toronto's Pearson Airport ranks low in customer satisfaction, again: survey

Toronto's Pearson Airport ranks low in customer satisfaction, again: survey

A survey has found Toronto Pearson International Airport ranked among the lowest in customer satisfaction of all major North American airports for the second year running. The J.D.
Milan Fashion Week hears calls for more designer diversity

Milan Fashion Week hears calls for more designer diversity

MILAN (AP) — The Milan Fashion Week that opens Wednesday is showcasing collections by perhaps its most ethnically diverse lineup of designers, including the debuts of the new creative directors of Salvatore Ferragamo and Bally and the return of Haiti
BDC launches $500M investment platform to help boost women-led businesses

BDC launches $500M investment platform to help boost women-led businesses

TORONTO — BDC has announced the launch of Thrive Venture Fund and Lab for Women, a $500-million investment platform that will support the growth and economic impact of Canadian women-led businesses, as women continue to face an uphill battle when try
U.K. regulator adds new wrinkle in Dye & Durhram deal for Link Group

U.K. regulator adds new wrinkle in Dye & Durhram deal for Link Group

TORONTO — A U.K. regulator has assessed a penalty of 50 million pounds against Link Group, the Australian company that Dye & Durham Ltd. is trying to acquire, raising questions about the future of the deal.
US home sales slipped, prices grew more slowly in August

US home sales slipped, prices grew more slowly in August

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market.
Teck Resources cutting steelmaking coal sales guidance after equipment failure

Teck Resources cutting steelmaking coal sales guidance after equipment failure

VANCOUVER — Teck Resources Ltd. is cutting its steelmaking coal sales guidance after an equipment failure at its Elkview operation in B.C. and a strike at Westshore Terminals.
Germany nationalizes country's biggest gas importer Uniper

Germany nationalizes country's biggest gas importer Uniper

BERLIN (AP) — The German government said Wednesday that it has agreed to nationalize the country's biggest gas importing company, Uniper, expanding state intervention in the industry to prevent an energy shortage resulting from Russia's war in Ukrain
B.C. strike and cyberattack impacting OCS could cause $3M revenue hit for Aurora: CEO

B.C. strike and cyberattack impacting OCS could cause $3M revenue hit for Aurora: CEO

Aurora Cannabis Inc. says it could take a revenue hit of up to $3 million because of a cyberattack that downed Ontario's pot distributor and a strike that halted deliveries to B.C. marijuana stores.
Fossil fuel sector needs investment to reduce emissions: RBC exec

Fossil fuel sector needs investment to reduce emissions: RBC exec

CALGARY — Even as a growing number of activists urge financial institutions to take action against climate change by reducing funding to the fossil fuel sector, executives with Canada’s largest bank say this country won’t reach its net-zero goals wit