2 h. ago Downfall of The Bay leaves Vancouver’s downtown retail sector in question

The iconic retailer is expected to begin liquidating its 80 stores soon, after entering creditor protection earlier this month.

Other

4 h. ago China Private Equity, Venture Funds Seek More Time to Deploy Capital

Venture capital and other private equity funds that raised money to invest in China during a tech boom a few years ago are increasingly facing a quandary. Some are running out of time to put investors’ cash to work, and the pickings have become slim.

Economics

7 h. ago One man arrested, at least 3 more sought after daytime Markham robbery

York Regional Police have charged a 26-year-old man and are seeking up to three additional suspects following a daytime robbery in Markham. Police said that last Nov. 20 at 11 a.m., three suspects wearing medical masks entered a business in the area of Woodbine Ave.-Denison St. area and threatened all store employees. They entered a […]

Events

8 h. ago DI MATTEO: Meet Canada’s crime capitals—Thunder Bay, Winnipeg, Lethbridge and Kelowna

Which country—Canada or the United States—has the most crime? Most Canadians would likely say the U.S. by a wide margin. But as noted in my new study published by the Fraser Institute, while overall crime rates in Canada are below rates in the U.S., when you look at individual cities it’s a different story. For […]

Economics

8 h. ago Former Edmonton Oilers prospect Michael Kesselring thriving on Utah's blueline

He’s got some skill and some speed that’s pretty elusive for a big guy. And his defensive game is growing too. He’s piecing those things together. And big, yeah, that’s always nice"

Other

8 h. ago Locals say Toronto neighbourhood 'under attack' by planned condo tower

Residents and businesses in Toronto's Church Street Village area are claiming they are "under attack" by a proposed development and are fighting to "defend the character" of the neighbourhood.A petition started in February by the Church Wellesley Neighbourhood Association (CWNA) seeks to halt plans to redevelop a group of properties wrapping around the northeast corner of Church and Wellesley, spanning 68-78 Wellesley Street East and 505-509 Church Street.The block of properties is home to a Pizza Pizza location that has served the community for decades, housed with the heritage-designated 1878 William McBean Terrace building. Developer KingSett Capital has stated its intention to incorporate into a new high-rise building on site, rising 28 storeys with a design from architects BDP Quadrangle.68 Wellesley Street East (right of centre) and other future approved and proposed buildings planned for the surrounding area. BDP Quadrangle.A development application filed for the site in...

Events

8 h. ago What the possible closure of Hudson’s Bay stores could mean for the N.S. retail landscape

Hudson's Bay may start to liquidate its stores this week. Nova Scotia shoppers, mall management and a business expert are weighing in on the possible impacts.

Other

8 h. ago Police charge two men, hunt for two more after violent armed robbery

A restaurant diner was hit with a gun and robbed by armed bandits after the victim left the eatery to go to his car, according to Toronto Police. After leaving the restaurant — in the Steeles Ave.-Weston Rd. area — around 3 a.m. on March 2, three masked thugs with firearms approached the diner. A […]

Events

8 h. ago Ottawa men, Quebec resident facing drug charges in Thunder Bay

Following an investigation that began in January, police searched two residences in Thunder Bay on March 5.

Other

8 h. ago Audit finds B.C.’s forest management hurt by flawed data without clear methodology

VICTORIA — An audit has found that British Columbia’s government did not have a clear method for calculating the carbon being stored or released in provincial forests, which undermined the credibility in reporting from the Forests Ministry. The Office of the Auditor General of B.C. says in the report that defined methodologies to calculate forest […]

Other

8 h. ago Who owns Hudson’s Bay and why Canada’s oldest company is going out of business

It turns out Canada's oldest company hasn't been Canadian for quite some time

Economics

9 h. ago Opinion: Getting Alberta's auto insurance right means removing lawsuits, rate caps

The largest transformation of auto insurance in provincial history is underway, and the government deserves full credit for taking action to deliver a system that puts Albertans back in the driver’s seat. A lot of work remains to get the new “Care-First” system in place by January 2027, but, if designed correctly, it will ensure […]

Economics

10 h. ago Hudson's Bay employees demand severance pay ahead of chain's liquidation

The union representing the Bay employees in Canada is calling on the company to prioritize workers as it continues its restructuring process.Canadian Labour Congress (CLC) says the Hudson's Bay Company (HBC)'s financial troubles shouldn't "come at the cost of workers' livelihoods."The Canadian retail institution employs around 9,400 people, including 647 who are unionized."We demand that HBC honour its commitments — wages, benefits and severance must be paid. No backroom deals, no vague promises — workers deserve full transparency," reads a statement from the CLC on Tuesday.North America's oldest company filed for creditor protection under the federal Companies' Creditors Arrangement Act (CCAA) on March 7 and received approval from the Ontario Superior Court of Justice on the same day.Last Friday, the Bay announced that full liquidation could begin this week. The latest court documents stated that the company intends to conclude it...

Other

10 h. ago Hudson’s Bay properties in focus as RioCan calls creditor filing ‘disappointing’

TORONTO — The possible liquidation of Hudson’s Bay is also bringing into question the future of its huge retail footprint, and highlighting the exposure other companies have to its potential downfall. RioCan Real Estate Investment Trust is especially exposed to Hudson’s Bay’s financial woes because the two companies co-own 12 store properties, including some of […]

Economics

13 h. ago Hudson’s Bay still waiting for court order as it looks to start liquidating its stores

Like many brick-and-mortar stores, the retailer, with 80 full-line stores across Canada, struggled to compete with e-commerce

Culture

23 h. ago Hong Kong’s leader swipes at Trump but avoids criticism of tycoon’s deal to sell Panama Port assets

HONG KONG (AP) — Hong Kong’s leader has waded into a controversy over a prominent conglomerate’s decision to sell its Panama Canal port assets to a consortium including American investment bank BlackRock Inc., a deal that has angered Beijing and highlights how escalating tensions between Beijing and Washington can leave the Chinese financial center’s business […]

Politics

26 h. ago Police seek suspect in sexual assault at north London business

London police are asking for the public’s help identifying a suspect in a sexual assault at a north London business earlier this month. A woman inside a business in the area of Fanshawe Park and Wonderland roads was approached by a man she didn’t know and touched in a sexual manner at about 8:30 p.m. […]

Events

27 h. ago Iran will face ’consequences’ of further attacks from Houthi rebels: Trump

DUBAI, United Arab Emirates — U.S. President Donald Trump on Monday explicitly linked the actions of Yemen’s Houthi rebels to the group’s main benefactor, Iran, warning Tehran it would “suffer the consequences” for further attacks by the group. The comments by Trump on his Truth Social website escalate his administration’s new campaign of airstrikes targeting […]

Events

27 h. ago Longtime coach with the Lethbridge Polytechnic Kodiaks retires

After over a decade in charge of the Lethbridge Polytechnic Kodiaks' men's and women's soccer and futsal teams, the winningest coach in the program's history is retiring.

Other

29 h. ago Canada’s Oldest Company, Hudson’s Bay, Tries to Avoid Full Liquidation

Hudson’s Bay Co. fought to avoid a full shutdown in a Toronto courtroom on Monday, asking for permission to begin liquidating most of its stores this week.

Economics