National Business

Two of Canada’s grocers say food suppliers are continuing to pass along new cost increases, signalling higher food prices will persist into 2023

NEW YORK (AP) — A host of Hollywood and sports celebrities including Larry David and Tom Brady were named as defendants in a class-action lawsuit against cryptocurrency exchange FTX, arguing that their celebrity status made them culpable for promotin

Statistics Canada said Wednesday that higher mortgage rates are helping fuel the latest high inflation data.

BRAMPTON, Ont. — Canada's biggest drugstore chain says sales of cough and cold products hit an all-time high this fall. Loblaw Cos. Ltd. chairman and president Galen G.

OTTAWA — Canada's annual inflation rate held steady in October, but economists say it's trending in the right direction. In its latest consumer price index report, Statistics Canada said the country's annual inflation rate was 6.

More wealthy shoppers are prowling the aisles at discount grocery stores in search of deals amid soaring food inflation, Loblaw Companies Ltd. said Wednesday.

TORONTO — A former Domino's Pizza CEO is now the executive chair of Tim Hortons' parent company as the fast-food giant focuses on boosting sales and its stock amid economic headwinds. Restaurant Brands International Inc.

TORONTO — Vietnamese electric vehicle maker VinFast says it has opened its first Canadian showroom as it prepares for a wider expansion into the market.

WINNIPEG — NFI Group Inc. reported a loss of US$42.6 million in its latest quarter compared with a loss of US$15.4 million in the same quarter last year as its revenue edged higher.

WASHINGTON (AP) — Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates .