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Business

U.S. private equity firm to buy Héroux-Devtek in deal valued at $1.35B

Aircraft landing gear maker Héroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm…

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Business

Intuit to close Edmonton office as global tech firm cuts 1,800 jobs across operations

TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10 per cent of its workforce,…

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Business

Waterloo software firm OpenText cuts 1,200 jobs as part of business optimization plan

OpenText Corp.’s chief executive says the company plans to shed about 1,200 roles as part of a business optimization plan.…

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Business

The CRA alleges this firm was part of a $63M tax ‘sham.’ Why isn’t it trying to get the money back?

The Canada Revenue Agency and the federal Department of Justice have made a behind-the-scenes deal with a company they continue…

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