cutting

Business

Corus Entertainment ‘aggressively’ cutting costs, laying off more employees as revenue slumps

As revenue slumps from a “challenging advertising environment,” Canadian media company Corus Entertainment — which houses brands like Global News and YTV — is…

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Politics

Poilievre says he wants to restore the military while cutting spending — how would that work?

Listen to Pierre Poilievre list his top priorities — cutting taxes, building homes, reducing the federal budget and fighting crime — and…

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Sports

Caesars Windsor cutting back hours for sports betting counter

Caesars Windsor is cutting back hours for staff at its sportsbook, despite original assumptions that the addition of sports betting…

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Business

Cutting interest rates was easy. But the Bank of Canada still has a credibility problem

Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last…

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Business

‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying…

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Business

U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting

The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing…

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Business

Lightspeed Commerce cutting 280 jobs, as it aims for profitable growth

Lightspeed Commerce is cutting about 280 jobs, less than two months after its founder returned to the helm of the Montreal-based…

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Business

BCE Inc. cutting 4,800 jobs as it sells off 45 regional radio stations

BCE Inc. is selling off 45 of its 103 regional radio stations as it cuts nine per cent of its…

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Business

Hardware chain Rona cutting 300 jobs, closing two distribution centres

Rona Inc. says it’s cutting about 300 jobs and closing two distribution centres as part of a plan to adjust…

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Tech

‘Cutting the heck’ out of Canada’s boreal forest has put caribou at risk

Canada is home to the largest boreal forest in the world, a vast expanse of wilderness rich in biodiversity that…

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