Sears Canada will pay a final $2.8 million in retention bonuses to 36 head office staff, even though the retailer's restructuring efforts failed and the company is closing its doors.
Stocks had closed at record highs in the previous session, with the Dow finishing above 23,000 for the first time. Thursday's move lower on equities took place exactly 30 years after "Black Monday," the worst day in U.S.
On Oct. 18, two months after introducing the government's initial tax-reform proposals, federal Finance Minister Bill Morneau announced updates to the proposals on passive investments that were designed to increase the tax rates on the perceived abuse ...
Shopify is expanding into a second building in Waterloo and plans to add between 300 and 500 jobs in the next two to three years, the company says.
File photo of a woman walking past a Rogers sign on the way into the Rogers building in Toronto. Mark Blinch/REUTERS. Christine Dobby.