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Body Shop Canada files for bankruptcy protection, plans restructuring

Body Shop Canada files for bankruptcy protection, plans restructuring

TORONTO — The Body Shop Canada Ltd. says it will close 33 stores and halt its e-commerce operations as it seeks to restructure under the Bankruptcy and Insolvency Act.
CMHC ends first-time homebuyer incentive, a program critics say 'made no sense'

CMHC ends first-time homebuyer incentive, a program critics say 'made no sense'

Canada's housing agency says it is ending the first-time homebuyer incentive program, which many had criticized as unhelpful. Canada Mortgage and Housing Corp.
Calgary home sales up almost 23 per cent in February, prices rising

Calgary home sales up almost 23 per cent in February, prices rising

CALGARY — The Calgary Real Estate Board (CREB) says February home sales were up nearly 23 per cent from last year as new listings rose. The board says sales totalled 2,135 units, while the volume of sales in dollars rose 41.3 per cent to $1.
Boeing is reportedly in talks to buy Spirit AeroSystems, its key supplier on the troubled 737 Max

Boeing is reportedly in talks to buy Spirit AeroSystems, its key supplier on the troubled 737 Max

DALLAS (AP) — Boeing is in talks to buy Spirit AeroSystems, which builds fuselages for Boeing 737 Max jetliners , including the one that suffered a door-panel blowout in January, according to a person knowledgeable about the discussions.
Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker's founding aims of benefiting humanity rather than pursuing profits.
AtkinsRéalis to sell Linxon joint venture after beating earnings expectations

AtkinsRéalis to sell Linxon joint venture after beating earnings expectations

MONTREAL — AtkinsRéalis chief executive Ian Edwards announced the engineering firm is looking to sell its money-losing joint venture with Hitachi Energy after beating earnings expectations and notching a record services backlog last quarter.
S&P/TSX composite up more than 200 points as price of oil rises

S&P/TSX composite up more than 200 points as price of oil rises

TORONTO — Canada's main stock index was up more than 200 points in late-morning trading, helped by strength in the energy stocks as the price of oil moved higher. The S&P/TSX composite index was up 216.53 points at 21,580.14.
MEG Energy promotes chief operating officer Darlene Gates to chief executive

MEG Energy promotes chief operating officer Darlene Gates to chief executive

CALGARY — MEG Energy Corp. is promoting Darlene Gates to the role of chief executive. The oilsands company says Gates, who is the company's chief operating officer, will take over the top job on May 1 when Derek Evans steps down from the role.
Stock market today: Wall Street drifts in early trading and holds near record highs

Stock market today: Wall Street drifts in early trading and holds near record highs

NEW YORK (AP) — Wall Street is drifting near its record highs in early trading. The S&P 500 edged up 0.1% early Friday after setting an all-time high the day before. The Dow slipped 33 points, or 0.1%, and the Nasdaq composite was up 0.
'Nobody needs an extra coat': Apparel sector braces for another year of no splurging

'Nobody needs an extra coat': Apparel sector braces for another year of no splurging

TORONTO — Despite an unseasonably warm winter, there's a chill across the Canadian retail landscape.
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