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Business News

Navigating a toxic workplace

Jan 22, 2021 / 8:25 pm

In the wake of Julie Payette's resignation from the role of governor general on Thursday after an investigation into harassment allegations, some Canadian...

An Indigenous setback too

Jan 22, 2021 / 2:16 pm

The cancellation of the Keystone XL pipeline by U.S. President Joe Biden is a major setback for Canadian Indigenous people, says the leader of a group promoting...

WestJet grounds Max flight

Jan 22, 2021 / 1:31 pm

WestJet says a Boeing 737 Max that was scheduled to fly from Calgary to Toronto on Friday returned to the gate before taking off due to a warning in the...

US home sales hit high

Jan 22, 2021 / 8:36 am

Sales of existing homes in the United States rose 0.7% in December, pushing the entirety of 2020 to a pace not seen in 14 years and providing one of the few...

Cold season evaporates

Jan 22, 2021 / 7:19 am

A lozenge plant in Prince Edward Island has laid off 30 workers, citing an "almost non-existent" cold and cough season amid COVID-19 restrictions....

Retail sales surge online

Jan 22, 2021 / 6:57 am

Statistics Canada says retail sales climbed 1.3 per cent to $55.2 billion in November, rising for the seventh straight month as Black Friday boosted online...

Max passengers unfazed

Jan 22, 2021 / 6:38 am

Passengers aboard the first Boeing 737 Max flight in Canadian airspace in nearly two years weren't overly concerned about the plane's safety, saying...

Loss of Keystone XL will hurt

Jan 21, 2021 / 3:37 pm

Western Canada's oil producers will likely cope better with Joe Biden's cancelling of the Keystone XL presidential permit than they did with the same...

Godiva to close 128 stores

Jan 21, 2021 / 9:13 am

COVID-19 has been far from sweet for Godiva, which has decided to sell or close its stores across North America. The luxury chocolatier says 128 brick and...

W-shaped recovery danger

Jan 21, 2021 / 9:09 am

A W-shaped recovery from the COVID-19 pandemic could trigger a nearly 50 per cent drop in housing prices and a peak unemployment rate of 25 per cent, if the...

Max back in the sky

Jan 21, 2021 / 8:51 am

Nearly two years after being grounded following two deadly crashes, Boeing's 737 Max aircraft returned to Canadian airspace Thursday morning. WestJet flight...

TC to cut 1,000 XL jobs

Jan 21, 2021 / 7:28 am

Calgary's TC Energy Corp. is planning to eliminate more than 1,000 construction jobs related to its decision to halt work on its Keystone XL pipeline...

Many could close forever

Jan 21, 2021 / 6:50 am

More than 200,000 Canadian businesses could close permanently during the COVID-19 crisis, throwing millions of people out of work as the resurgence of the virus...

BC firms in bitcoin boom

Jan 20, 2021 / 2:27 pm

While see-sawing volatility has always been part of Bitcoin, investor interest in the cryptocurrency has been consistent recently as its value flirts with...

WestJet's first Max flight

Jan 20, 2021 / 10:31 am

WestJet says it will operate the first commercial flight of the Boeing 737 Max in Canada since the aircraft was cleared to fly again in Canadian airspace. The...

Aurora lays off workers

Jan 20, 2021 / 10:27 am

Aurora Cannabis Inc. says it has laid off some workers after signing an agreement with an external sales broker. The Edmonton-based cannabis company's...

Fort St. John flights suspended

Jan 20, 2021 / 10:22 am

Central Mountain Air service in Fort St. John has been suspended through to March 1. Officials confirmed the change due to the continued impacts of the COVID-19...

25 tickets in big-box blitz

Jan 20, 2021 / 8:59 am

Ontario's labour minister says 25 tickets were issued during a weekend inspection blitz of big-box stores that found the majority were following public...

BoC holds key interest rate

Jan 20, 2021 / 7:30 am

The Bank of Canada says the national economy will go in reverse for the first quarter of 2021, hammering the hardest-hit workers again on the path to a recovery...

Markets up in early trading

Jan 20, 2021 / 7:15 am

Gains the energy, technology and metals and mining sectors helped lift Canada's main stock index in early trading, while U.S. stock markets rose ahead of...

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