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Business News Last 7 days

TSX makes it 3 in a row

Mar 24, 2017 / 8:39 am

Toronto's main stock index has been extending its recent rally into a third day. The Toronto Stock Exchange's S&P/TSX composite index was up 48.34...

Trump OKs Keystone XL

Mar 24, 2017 / 8:10 am

UPDATED: 8:10 a.m. President Donald Trump has made it official: After eight years and six months, the United States government has approved the Keystone XL...

Fruit and veg cost you less

Mar 24, 2017 / 6:25 am

The annual pace of inflation in Canada ticked lower in February as higher prices for gasoline were offset in part by lower costs for fresh fruit and vegetables....

Utah booze limit now .05

Mar 23, 2017 / 10:17 pm

Utah's governor signed legislation Thursday giving the predominantly Mormon state the strictest drunken driving threshold in the country, a change that...

Air Miles theft alert

Mar 23, 2017 / 10:14 pm

Air Miles has posted a letter on its website warning that criminals have stolen cash miles from some of its members. The rewards program says a small number of...

Fed's eye on capital gains

Mar 23, 2017 / 11:40 am

Ottawa made no changes in the federal budget to the way capital gains are taxed, but Finance Minister Bill Morneau isn't completely ruling out changes in...

$30M for orphan wells

Mar 23, 2017 / 9:39 am

Alberta Premier Rachel Notley says $30 million the federal government is giving to the province for the oil and gas industry is good news. She says her...

Buyer beware

Mar 23, 2017 / 8:22 am

Consumers who purchase knock-off merchandise online have a lot more to be wary about than receiving an inferior product. Knowing how to spot a fake website can...

Dairy-for-lumber deal?

Mar 23, 2017 / 6:57 am

The most common uses of Canadian dairy normally include milk, cream, yogurt, butter and cheese. Yet a new report suggests an altogether different purpose...

Spill estimate 25,000 litres

Mar 22, 2017 / 7:17 pm

Husky Energy says about 25,000 litres of crude oil leaked from one of its pipelines in southwestern Alberta last week. Spokesman Mel Duvall said in an email to...

Savings bonds get the axe

Mar 22, 2017 / 3:02 pm

The federal government is cashing in the venerable Canada Savings Bonds program, for generations a beacon of savings for Canadians keen to sock away a few...

Budget looks beyond Trump

Mar 22, 2017 / 2:50 pm

If there's an example in Wednesday's federal budget of the challenges President Donald Trump presents to the Liberal government's lofty goals,...

Big bets on high-growth

Mar 22, 2017 / 2:49 pm

The Trudeau government unveiled a budgetary crystal ball Wednesday that foresees slightly smaller deficits and a growth-lifting plan that places "big...

Markets see mixed results

Mar 22, 2017 / 1:28 pm

The Toronto stock market racked up a moderate gain as metals and utility stocks led advancers. The S&P/TSX composite index climbed 35.33 points to...

Starbucks sets refugee goal

Mar 22, 2017 / 11:43 am

Starbucks Canada has committed to hiring at least 1,000 refugees over the next five years, the coffee giant said Wednesday. The company said it will actively...

'Optimum' service restored

Mar 22, 2017 / 11:24 am

Shoppers Drug Mart said Wednesday it resolved a computer outage that began Monday night, affecting more than 1,300 locations and preventing customers from...

Uber to change direction

Mar 22, 2017 / 10:58 am

Uber is vowing to head down a new road and become a more humane company following a wave of ugly developments, including allegations of rampant sexual...

Enbridge cutting 1,000 jobs

Mar 22, 2017 / 9:47 am

Enbridge Inc. says it is cutting about 1,000 jobs or six per cent of its workforce following the takeover of Houston-based Spectra Energy. Calgary-based...

Freshii to add 150 stores

Mar 22, 2017 / 9:44 am

Fast-food eatery Freshii shed more light on its aggressive growth strategy Wednesday, saying it's planning to add between 150 and 160 stores this year....

Unprecedented uncertainty

Mar 22, 2017 / 6:57 am

Recent government regulations have created "unprecedented levels of uncertainty" for the high-end home market heading into the key spring buying...

Dad, do my taxes

Mar 22, 2017 / 5:00 am

Kids often rely on the bank of mom and dad, but a new survey reveals more than one-third of millennials also rely on parents to help do their taxes. With tax...

Economy set for 'downshift'

Mar 21, 2017 / 4:18 pm

The Business Council of British Columbia says the provincial economy is poised to "downshift" in 2017. The council's annual economic review and...

Not 'Optimum' service

Mar 21, 2017 / 2:48 pm

A system outage at Shoppers Drug Mart locations across the province has halted customers from gaining Shoppers Optimum Points or being able to use their debit...

Did Disney rip off Zootopia?

Mar 21, 2017 / 12:42 pm

A screenwriter and producer sued Walt Disney Pictures on Tuesday claiming the studio copied his ideas to create the Oscar-winning animated film...

Pipeline spill at Enbridge

Mar 21, 2017 / 11:14 am

Federal agencies are responding to an oil spill at an Enbridge Inc. (TSX:ENB) storage site that contaminated a creek in an area east of Edmonton. The National...

Barrick Gold wins dispute

Mar 21, 2017 / 11:08 am

Barrick Gold Corp. (TSX:ABX) says an international trade tribunal has ruled in its favour on a dispute over a multibillion-dollar mining project in Pakistan....

Frothing with opportunity

Mar 21, 2017 / 10:03 am

When Nigel Pike founded Main Street Brewing three years ago, his primary goal was to create an intimate, small-scale craft beer business nestled in one of...

EU to hold Brexit summit

Mar 21, 2017 / 9:56 am

Once Britain decides to trigger divorce proceedings next week, the 27 other European Union nations will be taking a month to decide on the negotiating framework...

Economy gathers strength

Mar 21, 2017 / 6:58 am

Signs of strength in the Canadian economy continued to gather momentum as retail sales for January came in better than expected. Statistics Canada says retail...

Freshii's letter to Subway

Mar 21, 2017 / 6:40 am

The man behind Freshii restaurants is publicly appealing for a "partnership" with the much bigger Subway organization. Freshii's founder and CEO,...

Brazil meat scandal widens

Mar 21, 2017 / 6:36 am

A scandal over alleged bribery in Brazil's meat-packing industry to allow the sale of expired meat deepened Monday as the European Union, China and Chile...

Oil weighs down TSX

Mar 20, 2017 / 2:36 pm

The Toronto stock market fell Monday as oil prices tracked lower ahead of the release of the federal budget, while Wall Street remained steady. The S&P/TSX...

BC's $13B land rush

Mar 20, 2017 / 12:42 pm

Commercial real estate sales across British Columbia's Lower Mainland reached nearly $13 billion last year, a 47 per cent increase over the $8.8-billion...

Beauty & the Beast offends

Mar 20, 2017 / 11:19 am

Beauty and the Beast was pulled from cinemas in Kuwait on Monday after censors raised concerns over the content of the new film, which includes what has been...

Wholesale tops expectations

Mar 20, 2017 / 10:42 am

The automotive sector helped Canadian wholesale sales beat expectations and hit a record in January, in another sign of gathering strength in the economy....

Death of the Rockefellers

Mar 20, 2017 / 9:48 am

David Rockefeller was the last of his generation in a famous American family that taught its children that wealth brings great responsibility. Even as children,...

Building B.C. gas pipeline

Mar 20, 2017 / 8:09 am

TransCanada Corp. (TSX:TRP) is seeking regulatory approval to begin construction of a pipeline that would help feed a proposed liquefied natural gas export...

Chew gum, shop more?

Mar 20, 2017 / 7:28 am

A new study suggests shoppers chewing gum may spend more time browsing, and stores could benefit by enticing customers with free gum samples. Researchers from...

Uber prez quits 6 months in

Mar 20, 2017 / 6:35 am

Jeff Jones, president of the embattled ride-hailing company Uber, has resigned just six months after taking the job, the company confirmed Sunday. In a brief...

Will a robot replace you?

Mar 20, 2017 / 6:23 am

A wrecking ball is coming for the labour market, analysts warn. As computer-processing power doubles each year and machines learn from their mistakes, sources...

China's new love of lobster

Mar 19, 2017 / 10:50 am

The expanding market for lobsters in China is continuing to grow, with the country setting a new record for the value of its imports of the crustaceans from the...

Crude spill into creek

Mar 17, 2017 / 7:34 pm

Alberta's Energy Regulator says a pipeline has leaked crude oil in southwestern Alberta. AER spokeswoman Monica Hermary says Husky Energy of Calgary...

Going green in Alberta

Mar 17, 2017 / 3:17 pm

The federal government has handed out one of its first major contracts as part of a promise to run all of its operations on renewable energy within a decade....

Manufacturing sales up

Mar 17, 2017 / 9:46 am

Canadian manufacturing sales in January were better than expected, the latest in a series of promising reports for the economy. Statistics Canada said Friday...

Air cargo fines re-imposed

Mar 17, 2017 / 9:32 am

The European Union has re-imposed fines totalling US$835 million on 11 air cargo companies, including Air Canada, even though the EU's high court threw out...

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