Banks to give financial update in Q4 results ahead of possible recession next year
Canadian banks are set to reveal how they're faring in the lead up to a possible recession as they report quarterly earnings this week.
Shopify reports 17 per cent increase in Black Friday sales
E-commerce provider Shopify is reporting a 17 per cent increase in Black Friday sales over 2021 as traditional in-store retailers in the U.S. saw little change from the same day last year.
Crypto lender BlockFi goes bankrupt in aftermath of FTX meltdown
BlockFi filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange FTX’s rapid downfall.
E3 Lithium gets $37M from feds to support oilfield lithium extraction
An Alberta-based company aiming to extract lithium from the province's old oilfields has received $37 million from the federal government.
BNN Bloomberg Advisor
A muted Black Friday for Canadians amid inflation, online shopping and longer deals
Canadians hunting for Black Friday deals did so without facing long lines or crowded shopping malls this year, as an extended period of sales and decades-high inflation weighs on consumers and prompts some to rein in spending.
Holiday shopping: Expert advice on finding deals and saving
With the holiday shopping season upon us, experts are sharing their advice on what Canadians can do to find the perfect gifts during this time of high inflation.
Inflation relief measures should be well targeted and temporary, says Macklem
Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem.