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Business News Last 7 days

Loonie hits 14-month low

Apr 25, 2017 / 4:13 pm

A rekindled softwood lumber trade dispute with the United States pushed the Canadian dollar to its lowest level in 14 months on Tuesday. The loonie lost 0.29 of...

Lumber, dairy into NAFTA?

Apr 25, 2017 / 12:44 pm

The Trump administration is signalling an interest in making big additions to NAFTA. Those additions could relate to softwood lumber and dairy. Commerce...

Lumber job losses likely

Apr 25, 2017 / 12:19 pm

The federal government is reaching out to reassure forestry workers, lumber producers and others facing the impact from a fresh sofwood trade war that it stands...

Beer coming to Taco Bell

Apr 25, 2017 / 10:18 am

Taco Bell customers will be able to grab beer with their tacos and burritos at some Canadian stores starting this June. The Mexican-style fast-food chain says...

Great-West to cut 1,500

Apr 25, 2017 / 6:40 am

Great-West Lifeco says it will cut 1,500 positions over the next two years in response to changing technology and customer expectations. The cuts are equal to...

Profits surge at Teck

Apr 25, 2017 / 6:36 am

Teck Resources Ltd. had a big increase in first-quarter profits thanks to higher prices for its coal, copper and zinc but the company still fell short of...

Hertz, Thrifty fined $1.25M

Apr 24, 2017 / 12:40 pm

Car rental companies Hertz Canada Ltd. and Dollar Thrifty Automotive Group Canada Inc. have agreed to pay a total of $1.25 million in penalties following an...

S8 more prone to cracks

Apr 24, 2017 / 11:02 am

Samsung's latest phones feature big wraparound screens and lots of glass. SquareTrade, a company that sells gadget-repair plans, says the phones also appear...

Have your say on pay?

Apr 24, 2017 / 6:14 am

Regulators should make public companies hold a vote on the pay packages of top executives, say investors advocates, with compensation expected to be a major...

Opening shot in lumber war

Apr 22, 2017 / 8:02 pm

The opening shot in a fifth softwood-lumber war between the United States and Canada is expected this week, and policy-makers north of the border are preparing...

Miss Vickie's recalled

Apr 21, 2017 / 5:09 pm

Miss Vickie's is voluntarily recalling its jalapeno-flavoured kettle cooked potato chips due to the potential presence of salmonella in the seasoning used...

Why Trump's in a hurry

Apr 21, 2017 / 4:44 pm

If Donald Trump sounds like he's in a hurry to start renegotiating NAFTA, it's because he is. He says so. The president's team even admits a major...

Oil prices fall below US$50

Apr 21, 2017 / 2:19 pm

Oil prices dropped below US$50 a barrel for the first time in more than three weeks, while North American stock indexes dipped slightly ahead of the first round...

Cenovus accelerates drilling

Apr 21, 2017 / 11:28 am

The CEO of Cenovus Energy (TSX:CVE) says his company plans to accelerate drilling of conventional gas wells on lands it's buying from ConocoPhillips through...

Island doesn't want Uber

Apr 21, 2017 / 11:23 am

Twelve miles and a ferry ride from the New England shore, Block Island is one of the last major tourist destinations in the United States without Uber or Lyft...

Food less as inflation slows

Apr 21, 2017 / 6:41 am

The country's annual inflation rate slowed to an unexpectedly weak 1.6 per cent last month as the continued decline in food prices played a big role in...

Eyeing China for softwood

Apr 20, 2017 / 7:13 pm

As Donald Trump added softwood lumber to his anti-Canada trade rhetoric Thursday, Trade Minister Francois-Philippe Champagne was on his way to China with an...

Spending more than ever

Apr 20, 2017 / 7:00 pm

More people are spending more money in Canada this year, but it appears growth in the country will continue its gradually slowing trend in 2017. According to...

WestJet pilots seek union

Apr 20, 2017 / 4:50 pm

WestJet pilots are again seeking to form a union, the Air Line Pilots Association, International said Thursday. It says pilots at the Calgary-based airline...

Not quite the real thing

Apr 20, 2017 / 12:57 pm

Coca-Cola is possibly the world's most recognizable brand, an almost inescapable symbol of the global appeal of American-style consumer culture. There are...

Facing 'range anxiety'

Apr 20, 2017 / 11:23 am

Sunita Halasz has tips for "driving electric" along lonely roads in New York's Adirondack Mountains: know the locations of charging stations,...

GM pulls out of Venezuela

Apr 20, 2017 / 6:32 am

General Motors has stopped doing business in Venezuela after authorities took control of its only factory there in what GM called an illegal judicial seizure of...

WestJet to launch no-frills

Apr 20, 2017 / 6:29 am

WestJet Airlines Ltd. says it plans to launch a new cheap airline later this year. The Calgary-based company says it will start with 10 Boeing 737-800 aircraft...

CRTC to rule on streaming

Apr 20, 2017 / 6:20 am

Canada's telecommunications watchdog is set to release a decision today that could change whether all video and music streaming services count towards...

Papers vote to save jobs

Apr 20, 2017 / 6:09 am

A union representing staff at two B.C. newspapers says the employees have voted 82 per cent in favour of an agreement to save some jobs after dozens were served...

Downplaying trade rift

Apr 19, 2017 / 4:37 pm

Ottawa's envoy to Washington downplayed talk of growing trade irritants with the U.S., a day after President Donald Trump sharply criticized Canada's...

Elvis hasn't left the building

Apr 19, 2017 / 1:40 pm

Hundreds of Elvis Presley artifacts and memorabilia are still being held by a Las Vegas casino, a year after the King's estate filed a lawsuit to get those...

Huge thirst for natural gas

Apr 19, 2017 / 1:37 pm

Nearly one-third of the natural gas burned in Canada last year was used to produce crude from the oilsands, the country's energy regulator said Wednesday,...

Bill O'Reilly given the boot

Apr 19, 2017 / 12:18 pm

Bill O'Reilly has lost his job at Fox News Channel following reports that five women had been paid millions of dollars to keep quiet about harassment...

Canadians cutting the cord

Apr 19, 2017 / 9:35 am

A new report says the number of Canadians cutting the cord on their TV services is expected to increase this year. The Convergence Research Group estimates in a...

Vinyl boost in digital world

Apr 19, 2017 / 9:32 am

Record stores have not only survived the onslaught of pirated music, digital downloads and online streaming services. They're now growing in numbers....

Firing back in dairy beef

Apr 19, 2017 / 7:31 am

Canada's envoy to Washington has shot back at criticism by President Donald Trump and U.S. milk producers, saying the facts don't support a charge that...

Subway sues CBC

Apr 19, 2017 / 6:59 am

Subway has filed a defamation lawsuit against the CBC over reports the sandwich chain alleges have caused it to suffer significant sales losses. In a statement...

Loblaw sells gas stations

Apr 19, 2017 / 6:41 am

Loblaw is selling all 213 of its gas stations across the country for $540 million to Brookfield Business Partners and its partners. While Brookfield would...

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