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Business News Last 7 days

Bell Media makes more cuts

May 24, 2018 / 1:25 pm

Bell Media says it eliminated a number of jobs in Toronto after deciding not to renew two programs. Spokesman Scott Henderson says in an email the company...

Uproar over tariff threat

May 24, 2018 / 12:22 pm

Canadian auto industry observers are reacting with shock and disbelief to news that U.S. President Donald Trump has ordered an investigation that could result...

Time to go variable?

May 24, 2018 / 12:17 pm

Canada's big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead —...

CN to buy new grain cars

May 24, 2018 / 11:57 am

Canadian National Railway Co. says it plans to acquire 1,000 new grain hopper cars that will allow it to phase out older, lower-capacity cars over the next two...

RBC profits up 9 per cent

May 24, 2018 / 11:53 am

Royal Bank of Canada's second-quarter profit surpassed market expectations with a more than nine per cent jump compared with a year ago, on strong results...

Toronto stocks down

May 24, 2018 / 8:36 am

Canada's main stock index fell in late-morning trading, weighed down by losses in the energy sector, while U.S. markets also moved lower after U.S....

Self-driving SUV analysis

May 24, 2018 / 7:32 am

Federal investigators say the autonomous Uber SUV that struck and killed an Arizona pedestrian in March spotted the woman about six seconds before hitting her,...

Car2Go ends operations

May 24, 2018 / 7:15 am

Car2Go is suspending its Toronto operations at the end of the month because of forthcoming parking regulations. The car-sharing company's president Paul...

Saputo to buy Ontario dairy

May 24, 2018 / 6:58 am

Saputo Inc. says it plans to purchase an Ontario dairy company for $100 million. Shepherd Gourmet Dairy employs about 90 people at its lone facility in St....

Facebook upgrades privacy

May 24, 2018 / 5:35 am

Facebook says users in Canada and other countries will soon be getting a new type of privacy alert similar to one it first rolled out in the European Union,...

Canada blocks Aecon sale

May 23, 2018 / 7:29 pm

The federal government has blocked the proposed $1.5-billion takeover of Aecon Group Inc. by a Chinese state-owned company for reasons of national security....

Gas pipeline gets go-ahead

May 23, 2018 / 3:45 pm

The National Energy Board has approved construction of a natural gas pipeline originally intended to supply the Pacific NorthWest LNG export terminal near Port...

Big mortgage drop forecast

May 23, 2018 / 12:11 pm

The Canadian Imperial Bank of Commerce anticipates it will issue half as many new mortgages in the latter part of the year as it did in the same period of 2017...

TSE and loonie lower

May 23, 2018 / 8:19 am

Canada's main stock index sank into the red in late-morning trading, weighed down by losses in the key energy and financial sectors. The S&P/TSX...

Tims' reputation plunges

May 23, 2018 / 7:02 am

Tim Hortons has seen its ranking take a hit in another study tracking Canada's most reputable companies. Research firm Reputation Institute says the company...

Casino workers OK strike

May 23, 2018 / 5:40 am

Las Vegas casinos could watch tens of thousands of employees walk off the job for the first time in more than three decades after union members voted to...

CIBC income up 25 per cent

May 23, 2018 / 5:05 am

The Canadian Imperial Bank of Commerce reported better-than-expected earnings for its second quarter with a nearly 25 per cent increase in net income, year over...

Bribery over elephant hunt

May 22, 2018 / 2:25 pm

U.S. prosecutors have indicted the owner of a South African hunting company, accusing him of bribing Zimbabwean officials while guiding a Colorado tourist and...

Zuckerberg faces EU grilling

May 22, 2018 / 1:24 pm

Facebook CEO Mark Zuckerberg faced tough questions from European Union lawmakers Tuesday over what one of them branded Zuckerberg's "digital...

Feds spend millions on FB

May 22, 2018 / 1:04 pm

New figures tabled in Parliament show the federal government has been increasing its use of paid Facebook advertisements over the last three years, spending...

Siri winning virtual battle

May 22, 2018 / 10:36 am

In the heated battle between Amazon, Apple, Google and Microsoft to get consumers hooked on their virtual assistants, Siri seems to be enjoying the first-mover...

SNC-Lavalin to pay $88M

May 22, 2018 / 7:04 am

SNC-Lavalin Group Inc. says it has agreed to settle two class action lawsuits filed on behalf of shareholders in 2012 over allegations of misleading investors...

Deloitte's new guiding hand

May 22, 2018 / 6:51 am

Deloitte Canada has named Craig Alexander as the firm's first chief economist. Alexander is a former chief economist for TD Bank. He has also been...

NYSE's first female boss

May 22, 2018 / 6:38 am

The New York Stock Exchange has named its first female leader in the history of the 226-year-old exchange. The parent company of the NYSE, Intercontinental...

Sony buys more of EMI

May 22, 2018 / 6:34 am

Electronics and entertainment company Sony Corp. is investing 1 trillion yen ($9 billion) mostly in image sensors over the next three years. Sony also says it...

Cashing in on royal mania

May 18, 2018 / 11:17 am

If British marketers are to be believed, nothing is a better royal wedding tribute than a limited-edition bucket of fried chicken chased with a bottle or two of...

Ordered to end protest

May 18, 2018 / 5:58 am

Fish farming company Marine Harvest says the B.C. Supreme Court has ordered two Indigenous protesters, who have occupied the company's houses and dock at...

Inflation, it's costing more

May 18, 2018 / 5:45 am

The country's annual inflation rate cooled slightly last month — but at 2.2 per cent, it stayed hot enough to hover above the two per cent midpoint of...

Tommy Gun's backs down

May 17, 2018 / 7:05 pm

A national chain of men's barber shops is backing down in its dispute with an independent operator in Nova Scotia. Tommy Gun's Original Barbershop says...

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