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20:25 Ontario Budget 2017: Toronto gets new taxes, but not the big bucks it was looking for

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09:00 Sears Canada's future is in doubt. How did it come to this?

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21:42 Amazon's Whole Foods deal another tech company 'swallowing ever greater portions of our economy'

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14:30 Toronto homeowners cash out of hot real estate market amid uncertainty

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21:37 The Bank of Canada interest rate decision shows Sunny Stephen is back

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09:00 WestJet boasts it doesn't overbook flights in ad targeting airlines that do

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Business

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  • RBC cutting 450 jobs amid head office reshuffle Add to ..

    June 21, 2017 1:50 PM 9

    Royal Bank of Canada is laying off about 450 staff as the bank undertakes a wider reshuffling of its head offices in the Toronto area. A bank spokesperson confirmed the changes on Wednesday, saying RBC will “consolidate when necessary” and pour cost savings back into high-priority areas such as “digital, data, new technology as well as investment in high-growth

  • Travis Kalanick resigns as CEO of Uber

    June 21, 2017 12:25 PM 11

    Co-founder of ride-hailing service known for its aggressive style has come under fire of late Uber CEO and co-founder Travis Kalanick resigned Tuesday under pressure from investors. Uber's board confirmed the move early Wednesday, saying in a statement that Kalanick is taking time to heal from the death of his mother in a boating accident "while giving

  • Uber founder Travis Kalanick resigns as CEO following months of scandal

    June 21, 2017 10:53 AM 9

    Kalanick steps down after a series of missteps, including revelations of workplace sexual harassment and allegations of trade secrets theft. DETROIT—Travis Kalanick, the combative and troubled CEO of ride-hailing giant Uber, has resigned under pressure from investors at a pivotal time for the company. Uber’s board confirmed the move early Wednesday

  • Uber CEO Travis Kalanick resigns under investor pressure Add to ..

    June 21, 2017 9:06 AM 10

    Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership. Kalanick’s departure caps a tumultuous period for the world’s largest ride-services company, which upended the taxi industry and transportation

  • Uber co-founder Travis Kalanick steps down as CEO: NYT

    June 21, 2017 6:17 AM 10

    Uber CEO and co-founder Travis Kalanick resigned Tuesday under pressure from investors. "I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight," Kalanick said in a statement to The New York Times

  • Unknown powder at Canada Post facility sends two to hospital in B.C

    June 21, 2017 12:48 AM 7

    RICHMOND, B.C. -- Officials say two border agents have been taken to hospital after they were exposed to a "suspicious substance" at a Canada Post facility in Richmond, B.C. Tim Wilkinson, deputy chief with Richmond Fire, said firefighters were called Tuesday afternoon for reports of a potential hazardous materials situation after a powder was found

  • Vulnerability of indebted households to hit ‘historic’ levels as rates rise: PBO Add to ..

    June 20, 2017 6:06 PM 5

    The expected, gradual rise of interest rates over the next few years is poised to push the financial vulnerability of indebted Canadian households well above levels seen in the last three decades, warns a new analysis. A report released Tuesday by the parliamentary budget officer predicted that higher rates expected in the coming years will leave households

  • Survey ranks Air Canada as top North American airline — is it true?

    June 20, 2017 5:44 PM 10

    Another recent survey scored Air Canada near the bottom for customer satisfaction Air Canada is ranked the best airline in North America, according to a 2017 survey by Skytrax, an international air transport rating organization. Anyone could fill out the survey on Skytrax's website and airlines were allowed to invite customers to complete it on a strictly

  • Conoco deal to determine Cenovus' future and outgoing CEO's legacy

    June 20, 2017 4:55 PM 10

    Cenovus CEO Brian Ferguson to retire Outgoing Cenovus Energy (CVE.TO) CEO Brian Ferguson’s legacy seems destined to be tied to the success or failure of the blockbuster acquisition of ConocoPhillips’ (COP.N) oil sands assets. The veteran oil man will depart as the only chief executive Cenovus has ever known on October 31. But the date is likely far too early

  • Home Capital sells $1.2B in mortgages

    June 20, 2017 4:32 PM 11

    Company to use proceeds to reduce debt Alternative lender Home Capital Group Inc. said Tuesday it has struck a deal to sell a group of commercial mortgage assets valued at $1.2 billion to private equity real estate investment firm KingSett Capital. The sale is meant to give Home Capital some more financial breathing room as it has faced heavy withdrawals