Lumber giant Interfor confirms plans to move corporate support to the U.S.

Canadian lumber company Interfor Corp. confirmed plans Friday to move corporate support functions to the United States from its Burnaby, B.C. headquarters. “We recently announced the transition of certain corporate…

Posthaste: China helped save the world from an even worse oil price shock, TD economist says

If not for China , the oil price shock from the Iran war that continues to jolt the world would…

Posthaste: Alberta leads the rest of Canada in creating jobs, just not for the reason you think

Alberta is Canada’s job creation star so far this year, but no thanks to the energy sector, says a new…

Canada’s economy gains 75,000 new jobs, driving down unemployment rate

The Canadian economy added 75,000 new jobs in July pushing the unemployment rate down to 6.4 per cent, the lowest…

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SpaceX hit by surging AI costs as insiders prepare to sell their shares

For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according…

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This TSX stock soared this week on ‘positive surprise’ as one analyst see 52% possible upside for ‘undervalued’ shares

What David Rosenberg is eyeing in Europe, why analysts hiked their price targets for the Big Banks and more from The Week in Stocks. Stock…

How to judge Newfoundland’s next Churchill Falls deal with Quebec

Two prominent critics of the rejected 2024 Churchill Falls power agreement between Newfoundland and Labrador and Quebec say Newfoundlanders should not judge any revised deal…

Posthaste: Canada’s gas tax holiday ends Sept. 8, but BMO’s chief economist thinks there’s a case to extend it

Prime Minister Mark Carney probably didn’t think that after suspending the federal excise tax on gasoline, diesel and jet fuel about a month into the…

Higher gas prices expected to nudge Canada’s inflation rate back near 3% in July, economists say

Higher gas prices are expected to push Canada’s inflation rate back up near three per cent for July, but economists believe the spike will only…

Canada Pension Plan fund reports strongest quarterly net income on record

The Canadian Pension Plan Investment Board (CPPIB) reported its largest-ever quarterly net income on Friday as the pension fund manager posted gains through a broad…

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