Category: News

May 30

Big business wants louder voice at COP28 as 1.5C confidence falls, says survey

Global businesses want a louder voice at the upcoming UN climate change talks, according to a new survey across 14 nations. The polling revealed that large businesses are increasingly losing confidence in the world’s ability to limit global warming below the Paris Agreement’s 1.5C threshold proposals. The researchers interviewed the top 100 revenue-ranked corporates across […]
May 28

Omar Allam: Canada has golden opportunity to capitalize on renewed Saudi Arabia ties

Breadcrumb Trail Links News Economy The risk of inaction is simply too high for Canada to ignore Saudi Arabia any longer The Kingdom Tower, left, stands alongside the King Fahd highway, illuminated by the light trails of passing traffic, in Riyadh, Saudi Arabia. Photo by Waseem Obaidi/Bloomberg Article content As global trading rules and political […]
May 27

Bank of Canada July rate hike would be a mistake: CIBC’s Benjamin Tal

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
May 27

Brace for sticker shock this summer as high demand drives international airfares to five-year highs

Breadcrumb Trail Links Transportation News Airlines Domestic trips though are below pre-pandemic prices Air Canada says demand is expected to persist, with strong advanced bookings for the remainder of the year. Photo by REUTERS/Chris Helgren Article content Canadians are looking to fly more often but are showing increased wariness about costs, according to a report […]
May 26

Retail sales fall as costs bite

Retail sales volumes have fallen this month compared with the same period last year, while staffing levels have dropped sharply, a survey has found. Volumes fell to a balance of -10 per cent in the sentiment survey published by the CBI, which had recorded 5 per cent growth the month before. Retailers also said their […]