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A quarter of Canadians think prices will eventually fall. Here's why that's unlikely

A quarter of Canadians think prices will eventually fall. Here's why that's unlikely

OTTAWA — What goes up doesn't necessarily come down. That's contrary to the sentiment of a surprisingly large proportion of respondents to the Bank of Canada's quarterly consumer expectations survey, released last week.
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Rogers-Shaw appeal The Federal Court of Appeal will hear the Competition Bureau's appeal of a decision that cleared the way for Rogers Communication Inc.
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Missing your favourite lunch spot? How food courts are emerging from the pandemic

Missing your favourite lunch spot? How food courts are emerging from the pandemic

TORONTO — As workers in Toronto's Financial District scurry through the Brookfield Place food court on their lunch breaks, the darkened Starbucks at the space's far end looms large.
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Elon Musk takes witness stand to defend Tesla buyout tweets

Elon Musk takes witness stand to defend Tesla buyout tweets

SAN FRANCISCO (AP) — Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,503.21, up 161.77): Enbridge Inc. (TSX:ENB). Energy. Up 28 cents, or 0.50 per cent, to $56.02 on 12 million shares. BlackBerry Ltd.
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S&P/TSX composite posts gain Friday; U.S. markets rally on tech

S&P/TSX composite posts gain Friday; U.S. markets rally on tech

TORONTO — Canada's main stock index was up more than 150 points Friday on broad-based gains, while U.S. markets also rose with an end-of-week rally driven by significant strength in the tech sector. The S&P/TSX composite index was up 161.
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Rally for tech stocks helps soften Wall Street's rough week

Rally for tech stocks helps soften Wall Street's rough week

NEW YORK — A rally for tech stocks applied some salve on Wall Street’s rough week, one dominated by worries about a weakening economy. The S&P 500 rose 1.9% Friday, but still ended with its first weekly loss in the last three. The Nasdaq added 2.
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Wave of tech layoffs tips power back in favour of employers in sector

Wave of tech layoffs tips power back in favour of employers in sector

TORONTO — Members of Canada's technology industry say another wave of layoffs the sector saw this week is tipping the power dynamic back in favour of employers.
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Statistics Canada says November saw lowest number of people on EI in 25 years

Statistics Canada says November saw lowest number of people on EI in 25 years

OTTAWA — Statistics Canada says November saw the lowest number of employment insurance beneficiaries on record in 25 years.
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Waterloo tech company Magnet Forensics sold to U.S. firm Thoma Bravo for $1.8B

Waterloo tech company Magnet Forensics sold to U.S. firm Thoma Bravo for $1.8B

Magnet Forensics Inc. says it will be bought and taken private in a $1.8-billion deal signed with Thoma Bravo, a U.S. private equity firm operating in the software sector. Waterloo, Ont.
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