As usual, the worst possible time to understand what’s happening in an economic shakeup is when you are smack dab in the middle of it. As in previous financial disruptions, the sudden transition from “everything’s fine” to “hold onto your hat” comes as a rude surprise not just to ordinary folks at home, but to sophisticated market participants…

The global spread of coronavirus has sparked panic buying of hand sanitizer and some customers are complaining retailers that still have it in stock are jacking up the price, taking advantage of people’s desperation. Hand sanitizer is a hot commodity these days, and many stores across North America have run out. That’s because health experts say the…

Nygard Group of Companies is financially restructuring its business to avoid bankruptcy, a company spokesperson said, as fashion mogul Peter Nygard faces several sexual assault allegations in New York. Two weeks ago, the company announced Nygard was stepping down from the company and would divest his ownership stakes. Then on Tuesday morning, Nygard company filed a notice of…

After their worst day in decades Monday, stock markets and the price of oil saw a brief rebound Tuesday morning, but the direction soon reversed after the U.S. president announced a suite of new measures he hoped would calm jittery investors. Nearing midday, the Toronto Stock Exchange, the S&P 500 and the Dow Jones Industrial…

Tatanniq Lucie Idlout Inuk singer/songwriter, actor and activist, Tatanniq Lucie Idlout, from Nunavut Territory, is the granddaughter of Joseph Idlout, who was featured on the 1969–1979 Series, Scenes of Canada $2 bank note in a scene at Aullativik, outside of what is now known as Pond Inlet. Originally from Pond Inlet, she now lives in…

The price of gasoline across the country is set to fall by roughly seven cents a litre on Wednesday, as the impact of the unprecedented plunge in oil prices filters down to the gas pump. Oil sold off sharply on Monday after Saudi Arabia kicked off a price war, announcing to the world that the…