Up to 2,600 new housing units planned for the Heather Lands in Vancouver will be sold at 60 per cent of market value, according to a joint announcement by the province, the city and the Musqueam, Squamish and Tsleil-Waututh First Nations. The 8.5-hectare parcel of land in question is located on Heather Street between West 33rd … Read more
CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the global outage on July 19 that crashed more than eight million computers. In a proposed class action filed on Tuesday night in the Austin, Texas, federal court, shareholders said they learned that … Read more
Intel was set to erase nearly $25 billion US in stock market value on Friday in potentially its worst sell-off since 2000, after it suspended its dividend and slashed its workforce to fund a costly turnaround for its chipmaking business. The company’s stock fell nearly 21 per cent in pre-market trading after Intel late on Thursday … Read more
Taking a trip to Europe to see Taylor Swift perform may not seem like an intuitive financial decision — but tickets to a concert in Canada are so expensive some fans are finding that’s a better deal. Bryan Kingston couldn’t believe it when he snagged floor seats to an upcoming show in London, U.K., for $500 … Read more
Taking a trip to Europe to see Taylor Swift perform may not seem like an intuitive financial decision — but tickets to a concert in Canada are so expensive some fans are finding that’s a better deal. Bryan Kingston couldn’t believe it when he snagged floor seats to an upcoming show in London, U.K., for $500 … Read more
Canada’s recruitment of international students has tilted strongly toward filling spots in business programs, while doing little to meet the demand for workers in health care and the skilled trades, according to a CBC News analysis of federal data. CBC obtained figures from Immigration, Refugees and Citizenship Canada (IRCC) showing the fields of education chosen … Read more
Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 per cent, on Wednesday. Its shares on the Toronto Stock Exchange hit their lowest in six months and the company was on track to lose $25 billion … Read more
The federal government’s budget proposal to increase the inclusion rate for the capital gains tax for people whose profits go past a certain threshold has drawn mixed reactions from experts, entrepreneurs and taxpayers. One asset affected by these changes is real estate, including cottages and investment homes. The change proposed in the Trudeau government’s new … Read more
Universal Music Group, which represents artists including Taylor Swift, Drake, Adele, Bad Bunny and Billie Eilish, says that it will no longer allow its music on TikTok now that a licensing deal between the two parties has expired. UMG said it had not agreed to terms of a new deal with TikTok, and plans to … Read more
