business

Ekati Diamond Mine’s parent company has filed for creditor protection. It says global events caused the gem’s prices to fall by more than 70 per cent within a year. The filings put at risk hundreds of jobs and millions of dollars in promised payments to Indigenous communities. Source link

Concerns are growing about how some young people engage with AI chatbots. Meta is rolling out a tool to let parents monitor topics their children discuss at the same time as Manitoba is proposing banning use of AI chatbots for youth. More research is needed, but evidence suggests some risk factors for mental health. Source […]

Picture this: a DJ, a makeshift dance floor and drinks. Only it’s 8 p.m. on a Wednesday and there’s no alcohol — instead, there’s a sauna. Source link

Buyers have been found for four properties that used to be home to Hudson’s Bay department stores, including Vancouver’s Granville Street location. Source link

Thirty years ago, it was normal for a grocery store produce manager or part-time nurse to find the five per cent downpayment needed to buy a home, says mortgage broker Ron Butler. Those days are gone. Now, someone earning $115,000 a year would have trouble buying a house in parts of Canada. Source link

The proposed project will transport Canadian ‌crude from the U.S.-Canada ​border to Wyoming. Source link

Carey Perkins is among several small business owners counting on funding through the Indigenous Tourism Association of Canada they have not received. Source link

GDP growth was led by a 1.8 per cent gain in the manufacturing sector, though manufacturing activity was still down compared to a year ago following nearly a year of tariff threats from the U.S. Source link

Unilever said on Thursday it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war, even as it reported first-quarter underlying sales growth ahead of analysts’ forecasts. Source link

General Motors says it will spend $691 million on its St. Catharines Propulsion Plant to support production of its latest V-8 engines for full-sized trucks and SUVs. Source link