The Competition Bureau says it has raided the offices of certain companies, including Loblaw and Metro, in a criminal investigation tied to alleged price fixing following statements released by some of the countries largest grocery chains.
Revenue jumps 72% and fourth-quarter forecasts raised, but shares still sink. Shopify Inc. chief executive Tobias Lutke addressed criticism from short-seller Andrew Left Tuesday, denying his claims that the company uses illegal marketing tactics to drive growth. In a conference call following the release of the Ottawa-based e-commerce software company’s third quarter results, Lutke opened by saying “this is going to be a fun one.” He called Left’s claims “preposterous” and said outside legal counsel has assured him they are unsubstantiated.
Many Sears Canada customers have questions about the bankruptcy. Sears spokesman Vince Power answers them.
Statistics Canada says real gross domestic product pulled back by 0.1 per cent in August, hit by declines in manufacturing and mining, quarrying and oil and gas extraction.
Consumers are often looking to support homegrown businesses by purchasing Canadian products but they don’t always know the difference between the labels “Made in Canada” and “Product of Canada.”