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Business News

WestJet inspecting 737s

Oct 3, 2019 / 10:31 am

WestJet Airlines says it is inspecting its fleet of Boeing 737 Next Generation aircraft for cracks after a U.S. regulator ordered inspections on American...

GlobalFoods expands

Oct 3, 2019 / 10:22 am

Paterson GlobalFoods says it plans to build an oats mill next to its existing grain terminal in northwest Winnipeg. The international agricultural conglomerate...

Fox sues esports partners

Oct 3, 2019 / 6:26 am

Former NBA player Rick Fox has filed a lawsuit accusing business partners at the esports organization he co-founded of multiple instances of fraud and is...

New tech hub announced

Oct 2, 2019 / 5:44 pm

The B.C. government will spend up to $17 million over five years to help establish a new computer institute on the campus of Simon Fraser University in Surrey....

Microsoft back with phone

Oct 2, 2019 / 4:55 pm

After high-profile flops, Microsoft is getting back into smartphones with a dual-screen Android device that won't be out for another year. Microsoft...

Boeing ignored safety issue

Oct 2, 2019 / 4:51 pm

A Boeing engineer filed an internal complaint alleging that company managers rejected a backup system that might have alerted pilots to problems linked to two...

Canopy eyes biosynthesis

Oct 2, 2019 / 4:35 pm

Canopy Rivers Inc., the venture capital arm of cannabis company Canopy Growth Corp., says it is eyeing the technology that can potentially produce cannabinoids...

Recession fears hit stocks

Oct 2, 2019 / 2:05 pm

North American stock markets sustained heavy losses with U.S. markets posting their worst start to October in more than a decade on growing fears of recession....

More women in boardroom

Oct 2, 2019 / 11:38 am

The proportion of board seats held by women at companies listed on the Toronto Stock Exchange inched up slightly to 17 per cent, according to a report from the...

Pot co buys into sports drink

Oct 2, 2019 / 6:54 am

Cannabis company Canopy Growth Corp. has bought a majority stake in BioSteel Sports Nutrition Inc., a maker of sports nutrition products. The deal gives Canopy...

Strike could cost GM $1B

Oct 1, 2019 / 4:00 pm

With the United Auto Workers' strike against General Motors in its third week, pressure is mounting on both sides to reach a deal, with the company losing...

Liberals to tax tech giants

Oct 1, 2019 / 3:45 pm

A set of proposed taxes on foreign technology companies that do business in Canada would have little to no immediate effect on subscribers to foreign digital...

Auto sales take a dip

Oct 1, 2019 / 3:20 pm

DesRosiers Automotive Consultants Inc. says Canadian auto sales returned to declines in September after a brief reprieve in August. The consultancy says new...

Manufacturing hits a low

Oct 1, 2019 / 3:18 pm

U.S. factory activity hit a decade low last month in the face of President Donald Trump's trade conflicts, adding to a weakening picture of the global...

Global trade set to weaken

Oct 1, 2019 / 10:58 am

Global trade is forecast to weaken this year to the slowest pace since the depths of the Great Recession due to the U.S.-China trade war. The World Trade...

Economy flat in July: stats

Oct 1, 2019 / 6:30 am

Statistics Canada says the country's real gross domestic product was essentially unchanged in July as weakness in oil and gas extraction offset gains in...

Telus to buy ADT Security

Oct 1, 2019 / 6:23 am

Telus Corp. has signed a deal to buy ADT Security Services Canada Inc. for roughly $700 million. ADT Canada has approximately 500,000 customers and...

Half live cheque to cheque

Sep 30, 2019 / 5:25 pm

The annual BDO Affordability Index finds that over half of Canadians are living paycheque to paycheque and carry the burden of credit card debt. Conducted by...

Fashion's eco-manifesto

Sep 30, 2019 / 11:25 am

Riding on the increased focus on the fight against climate change, the fashion industry's eco-pioneer Stella McCartney turned parts of her Paris Fashion...

NCAA defied, athletes earn

Sep 30, 2019 / 9:01 am

Defying the NCAA, California's governor signed a first-in-the-nation law Monday that will let college athletes hire agents and make money from...

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