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Business News

Coastal GasLink warned

Feb 8, 2019 / 4:34 pm

The B.C. Oil and Gas Commission says Coastal GasLink must submit a notice of construction at least 48 hours before it starts work under its permit to build a...

Unifor workers walk off job

Feb 8, 2019 / 9:51 am

Unifor says workers at an autoparts supplier in Whitby, Ont. have walked off the job in solidarity with the union's campaign to save the General Motors...

Markets in red, loonie up

Feb 8, 2019 / 8:39 am

Canada's main stock index posted a triple-digit decline in late-morning trading as the Toronto market was hit by broad-based weakness and U.S. markets sank...

Bezos blackmailed?

Feb 8, 2019 / 7:09 am

Amazon CEO Jeff Bezos says he was the target of "extortion and blackmail" by the publisher of the National Enquirer, which he said threatened to...

Fatal airbag recall = 1.7 m

Feb 8, 2019 / 5:39 am

Subaru, Tesla, BMW, Volkswagen, Daimler Vans, Mercedes and Ferrari are recalling about 1.7 million vehicles to replace potentially deadly air bag inflators made...

Housing starts slow

Feb 8, 2019 / 5:39 am

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January slowed compared with December. The housing agency says the seasonally...

Economy added 67K jobs

Feb 8, 2019 / 5:35 am

Statistics Canada says the economy added 66,800 jobs in January. The unemployment rate climbed to 5.8 per cent compared with 5.6 per cent in December....

Michael's art up for auction

Feb 8, 2019 / 5:35 am

George Michael left a rich legacy of music — and of visual art. The musician's collection of works by some of Britain's most famous contemporary...

Saputo reports $342M profit

Feb 7, 2019 / 1:14 pm

Saputo Inc. says it earned $342 million in its latest quarter, up from $337 million in the same quarter last year. The dairy and cheese producer says the profit...

Twitter posts bigger profit

Feb 7, 2019 / 9:46 am

Twitter is reporting that revenue and profit and its daily user base all grew in the final three months of 2018. But its monthly user count slipped and guidance...

'Fog of Brexit' hits UK

Feb 7, 2019 / 9:43 am

The British economy is set to grow at its slowest rate since the global financial crisis a decade ago as the "fog of Brexit" causes heightened...

TSX, U.S. stocks lower

Feb 7, 2019 / 8:26 am

Canada's main stock index fell in late-morning trading, weighed down by the energy sector which fell as the price of oil moved lower. The S&P/TSX...

EU slashes growth forecast

Feb 7, 2019 / 8:11 am

European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the lower estimate was vulnerable to "large...

Leaders spar over Brexit

Feb 7, 2019 / 8:03 am

British Prime Minister Theresa May and EU Commission President Jean-Claude Juncker sparred on Thursday during "robust" talks on the U.K.'s Brexit...

'Blackface sweater' pulled

Feb 7, 2019 / 6:29 am

Gucci has apologized after complaints that a wool sweater with an oversized collar designed to cover the face resembled blackface makeup, and said the item had...

Cold weather saps batteries

Feb 7, 2019 / 6:27 am

Cold temperatures can sap electric car batteries, temporarily reducing their range by more than 40 per cent when interior heaters are used, a new study found....

BCE Q4 profit falls

Feb 7, 2019 / 5:14 am

BCE Inc. says its fourth-quarter profit fell compared with a year earlier, as an asset writedown and other expenses offset higher revenue for the...

Big rebound for GM

Feb 6, 2019 / 9:51 am

General Motors posted an $8.1 billion net profit for 2018, fueled by better prices for vehicles sold in the U.S., its most lucrative market. It's a strong...

EU nixes rail deal

Feb 6, 2019 / 9:40 am

European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed...

Growth slowed: BoC deputy

Feb 6, 2019 / 9:17 am

A Bank of Canada deputy governor says the effects of U.S. trade unknowns, lower oil prices and weaker housing and consumer spending are behind the recent...

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