Tim Hortons, franchisee group close to settling 2 class-action lawsuits

Tim Hortons has been working more closely with its restaurant owners for the past year, its president said.Jonathan Hayward/The Canadian Press Tim Hortons and an association representing some of its frustrated franchisees are close to reaching a settlement in two class-action lawsuits the group filed against the coffee-and-doughnut chain. Tim Hortons and the Great White …

Gucci pulls ‘blackface sweater’ from stores after complaints

A screenshot taken on Thursday Feb.7, 2019 from an online fashion outlet showing a Gucci turtleneck black wool balaclava sweater for sale, that they recently pulled from its online and physical stores. Gucci has apologized for the wool sweater that resembled a "blackface" and said the item had been removed from its online and physical …

Great-West Lifeco raises dividend but profit falls short of estimates

Great-West Lifeco Inc. raised its dividend as it reported a fourth-quarter profit of $710 million.Canadian Press/John Woods / THE CANADIAN PRESS WINNIPEG — Great-West Lifeco Inc. raised its dividend as it reported a fourth-quarter profit of $710 million but fell short of expectations. The life insurer will now pay a quarterly dividend of 41.3 cents …

Canada gains 66,800 jobs, blowing away forecasts

Canada's job gains beat economists' forecasts.Postmedia OTTAWA — Canada saw a rush of 66,800 net new jobs in January in a gain fuelled by a surge in the private sector. Statistics Canada’s labour force survey says more people also searched for work last month, which pushed the unemployment rate to 5.8 per cent, up from …

Canada unexpectedly gains almost 67,000 jobs as private-sector hiring hits record

Employment increased by 66,800 in January, Statistics Canada said Friday from Ottawa.Postmedia Canada’s job market began 2019 with an unexpected employment surge driven by jobs for youth in services and record private-sector hiring, a sign of strength in an economy facing several other headwinds. Employment increased by 66,800 in January, Statistics Canada said Friday from …

Facebook faces investigation by privacy commissioner over RBC access

The Office of the Privacy Commissioner of Canada is investigating complaints from individuals on whether Facebook gave Royal Bank access to private information of the social media platform's users.Cole Burston/Bloomberg Canada’s privacy commissioner is looking into complaints about whether Facebook Inc. gave Royal Bank of Canada access to private information of users of the social …

Sears to live on — for now — as Lampert’s $5.2-billion bid wins approval from bankruptcy court

Chairman Eddie Lampert's US$5.2 billion bid to keep the once-dominant Sears alive was approved by U.S. Bankruptcy Judge Robert Drain on Thursday.Spencer Platt It’s official: Sears Holdings Corp. survives. For now, at least. Chairman Eddie Lampert’s US$5.2 billion bid to keep the once-dominant retailer alive was approved by U.S. Bankruptcy Judge Robert Drain on Thursday. …

Loblaw shrugs off PC Optimum card glitches, signs up 6 million customers amid fierce competition

Loblaw faced a slew of charges.Canadian Press TORONTO —Loblaw Cos. Ltd.’s merger of its popular loyalty programs has led to some consumer headaches and profit-sapping charges in the fourth quarter but the retailer is pleased overall, its CEO says, with the transition to PC Optimum. The news came as Canada’s biggest grocer reported $230 million …