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Shawcor acquires Kanata Electronic Services, terms not disclosed

Shawcor acquires Kanata Electronic Services, terms not disclosed

TORONTO — Shawcor Ltd. says it has acquired Kanata Electronic Services Ltd., a privately owned manufacturer and supplier of specialty cable assemblies and wire harnesses for the nuclear and aerospace industries.
DoorDash Canada moves to tiered commission system, charging some restaurants 29%

DoorDash Canada moves to tiered commission system, charging some restaurants 29%

TORONTO — DoorDash is changing the way it charges commission to Canadian restaurants with a new, tiered model.
Consumer debt tops $2.36 trillion in third quarter, up 7.3 per cent from last year

Consumer debt tops $2.36 trillion in third quarter, up 7.3 per cent from last year

Equifax Canada says an increase in borrowers helped push total consumer debt to $2.36 trillion in the third quarter for a 7.3 per cent rise from last year, even as mortgage volumes decline.
The challenge and stresses of young people choosing a career in a post-pandemic world

The challenge and stresses of young people choosing a career in a post-pandemic world

MONTREAL — Though the winter vacation is fast approaching for students, young people across the country anxious about their post-secondary plans and possible career paths likely won't get a break from worries about the future.
Execs from grocery giants push back against inflation profiteering claims

Execs from grocery giants push back against inflation profiteering claims

OTTAWA — Grocery executives are disputing an accusation that grocery giants are taking advantage of inflation to drive up their own profits.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,242.26, down 243.40 points): Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 1.8 per cent, to $42.23 on 24.2 million shares.
Canada 'watching closely' as Biden pressed to fix Inflation Reduction Act 'glitches'

Canada 'watching closely' as Biden pressed to fix Inflation Reduction Act 'glitches'

WASHINGTON — Prime Minister Justin Trudeau said Monday that Canada will be "watching closely" as the United States responds to complaints from Europe about the North American protectionism built into President Joe Biden's signature climate change ini
S&P/TSX composite ends down 1.2 per cent, U.S. stock markets also end lower

S&P/TSX composite ends down 1.2 per cent, U.S. stock markets also end lower

TORONTO — Falling energy prices and renewed fears around the rate hike path ahead helped push Canada's main stock index down almost 1.2 per cent Monday, while U.S. markets fell further.
Former CannTrust compliance worker says unlicensed growing 'very openly' discussed

Former CannTrust compliance worker says unlicensed growing 'very openly' discussed

TORONTO — A former director of quality and compliance at CannTrust Holdings Inc. says the growth of cannabis in unlicensed rooms was "very openly discussed" at the pot company. “There was no hiding this.
New this week: Will Smith, 'Pinocchio' and 'George & Tammy'

New this week: Will Smith, 'Pinocchio' and 'George & Tammy'

Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music and video game platforms this week.
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