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First Nations surging to $100B economic force in Canada, Indigenous leaders predict

by Anas Siddiqui
First Nations surging to 0B economic force in Canada, Indigenous leaders predict

Entrepreneur Rob Tebb can see his company becoming bigger — a lot bigger. “The opportunity is there to just grow this business to four or five times the size that …

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Binance’s Canadian CEO steps down, pleads guilty to breaking anti-money laundering laws

by Walter Watson
Binance’s Canadian CEO steps down, pleads guilty to breaking anti-money laundering laws

Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion US settlement resolving a years-long probe into the world’s largest …

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Microsoft hires ousted OpenAI boss Sam Altman

by Walter Watson
Microsoft hires ousted OpenAI boss Sam Altman

Microsoft announced Monday that it has hired Sam Altman and another architect of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked …

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Quebec’s stock market regulator can go after Canada’s Panama Papers kingpin, Supreme Court rules

by Anas Siddiqui
Quebec’s stock market regulator can go after Canada’s Panama Papers kingpin, Supreme Court rules

Everyone seems to want a piece of Fred Sharp, the self-styled private banker from West Vancouver who built a huge network of offshore companies that facilitated, according to U.S. court …

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Hockey Canada chair Hugh Fraser not seeking re-election to board

by Virginia Chavez
Hockey Canada chair Hugh Fraser not seeking re-election to board

The chair of Hockey Canada’s board says he will not be seeking re-election. Hugh L. Fraser made the decision not to seek re-election in the summer, driven by a desire …

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Cyprus lit up with flurry of oligarch transactions after Russia invaded Ukraine, leaked files show

by Walter Watson
Cyprus lit up with flurry of oligarch transactions after Russia invaded Ukraine, leaked files show

With Russian tanks and troops descending on Ukraine in early 2022, Cyprus became a hotbed of financial activity. The island country has long been known as an offshore transit point …

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FBI struggled to disrupt casino hacking gang, cybersecurity experts say

by Walter Watson
FBI struggled to disrupt casino hacking gang, cybersecurity experts say

The U.S. Federal Bureau of Investigation has struggled to stop a hyper-aggressive cybercrime gang that’s been tormenting corporate America over the last two years, according to nine cybersecurity responders, digital …

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Canadian Tire laying off 3% of corporate staff and cutting another 3% of open jobs

by Anas Siddiqui
Canadian Tire laying off 3% of corporate staff and cutting another 3% of open jobs

Canadian Tire Corp. Ltd. has cut about three per cent of its corporate work force as it responds to softening consumer demand. The retailer announced the job cuts in its quarterly earnings …

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Ethics watchdog investigating Zara Canada over alleged ties to forced labour

by Anas Siddiqui
Ethics watchdog investigating Zara Canada over alleged ties to forced labour

Canada’s corporate ethics czar says it has launched a fact-finding investigation into allegations that Zara Canada Inc. is working with companies that use forced labour in China. The Canadian Ombudsperson …

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Some MPs are calling on Ottawa to take a bigger bite out of fossil fuel companies’ profits

by Anas Siddiqui
Some MPs are calling on Ottawa to take a bigger bite out of fossil fuel companies’ profits

With their high greenhouse gas emissions and record profits, oil and gas companies are facing new pressure across party lines on Parliament Hill. That pressure includes accusations of price “gouging” and …

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