Retailer London Drugs says cybercriminals who stole files from its corporate head office last month have released some of the data after it refused to pay a ransom. The company says the files may contain employee information, calling it a “deeply distressing” situation. The statement from the company says it was “unwilling and unable” to … Read more
Canada’s banking regulator says real estate secured lending and mortgages are among the top risks the country’s financial system is facing, as higher interest rates pressure borrowers. In its annual risk outlook, the Office of the Superintendent of Financial Institutions )OSFI) said as homeowners renew their mortgages, they could potentially face a payment shock due to … Read more
A misunderstood and mistreated killer whale. An investigation into the 1999 Columbine High School massacre and American gun culture at large. An inconvenient truth about the future of planet Earth in the face of devastating climate change. If you go by overwhelmingly successful films like Blackfish, Bowling for Columbine and An Inconvenient Truth, it might seem like documentaries are … Read more
Nathaniel Erskine-Smith, the Liberal MP who made a name for himself as a backbencher with his own voice, posted a nine-minute video to YouTube this week about the federal government’s carbon pricing policy. It would be an exaggeration to say the video is setting the internet on fire. As of Friday afternoon, it had a … Read more
A former Shoppers Drug Mart franchise owner has filed a proposed class action lawsuit against the Canadian retail pharmacy chain, and its parent company Loblaw, alleging the companies imposed “unsafe and unethical” corporate practices on franchise owner pharmacists to increase profits. The claim was filed in Ontario Superior Court last week and intends to cover … Read more
As members of Parliament accuse Bell Canada of corporate greed, the head of the company is defending its decision to cut thousands of jobs, citing a shift in Canadians’ viewing habits away from traditional TV. Liberals, Conservatives and New Democrats grilled CEO Mirko Bibic during often combative exchanges at a meeting of the House of … Read more
Our planet is changing. So is our journalism. Keep up with the latest news on our Climate and Environment page. Sign up here to get this newsletter in your inbox every Thursday. This week: Climate change is forcing chimps to confront their fears An award-winning photo captures a devastating fire season New Brunswick moves to pay farmers for conservation … Read more
U.S. Special Envoy for Hostage Affairs Roger Carstens says he agrees with the Kremlin that silence is essential when it comes to public discussions about prisoner exchanges. “This might be the one time that I’ll agree with the Russians,” Carstens said during an interview on Rosemary Barton Live broadcast on Sunday. He explained that fact checking every … Read more
Luxury parka maker Canada Goose says it is laying off 17 per cent of its global corporate workforce. CEO Dani Reiss wrote in a LinkedIn note Tuesday that the job cuts are meant to put the company in a better position for scaling and will help the Toronto-based business focus on efficiency and key brand, design … Read more
The chief executives of Canada’s three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, noting that increased data usage and high spectrum costs may be some reasons Canadians feel otherwise. The three CEOs — Rogers Communications Inc.’s Tony Staffieri, BCE Inc.’s Mirko Bibic and … Read more
