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Business News

'John Wick 3' tops box

May 19, 2019 / 12:08 pm

The box office has a new king and his name is John Wick. The third installment of the hyper violent Keanu Reeves franchise has taken the top spot at the North...

Air Canada's bid for Transat

May 17, 2019 / 2:30 pm

Consumers will likely see little change in their travel choices or ticket prices if Air Canada buys Transat AT Inc., industry observers said Friday. They added...

Trump delays auto tariffs

May 17, 2019 / 6:47 am

U.S. President Donald Trump on Friday delayed any decision to impose tariffs on car and auto-part imports, deciding against ratcheting up trade disputes or...

SNC cancels sale

May 17, 2019 / 6:46 am

SNC-Lavalin Group Inc. has cancelled the sale of part of its stake in 407 International Inc. to the OMERS pension plan but will sell the stake to one or both of...

CAE profit, revenue up

May 17, 2019 / 6:39 am

Flight training company CAE Inc. topped expectations as it reported higher fourth-quarter profit and revenue compared with a year ago. The Montreal-based...

Autopilot in Tesla crash

May 16, 2019 / 1:42 pm

A Tesla Model 3 involved in a fatal crash with a semitrailer in Florida March 1 was operating on the company's semi-autonomous Autopilot system, federal...

Manufacturing sales up

May 16, 2019 / 6:56 am

Statistics Canada says manufacturing sales increased 2.1 per cent to $58.0 billion in March, boosted by the transportation equipment, petroleum and coal...

Air Canada swooping in

May 16, 2019 / 5:47 am

Transat AT Inc. is in exclusive talks with Air Canada, which is offering roughly $488 million to buy the travel company. The Montreal-based company says it has...

Chambers host Tourism Min.

May 15, 2019 / 4:36 pm

North Okanagan tourism operators will have an opportunity to discuss the future of the industry with federal Tourism Minister Mélanie Joly. On May 23,...

Summer jobs, girls paid less

May 15, 2019 / 11:38 am

Canadian girls and boys are about equally as likely to have summer jobs – but young females on average earn roughly 30 per cent less than their male...

Tims parent looks to double

May 15, 2019 / 11:12 am

The parent company of Tim Hortons plans to grow its three fast-food chains to more than 40,000 locations around the world over the next eight to 10 years....

CPP investments up 8.9%

May 15, 2019 / 10:48 am

Canada Pension Plan Investment Board recovered from a weak quarter in late 2018 to produce a solid 8.9 per cent net return for its most recent financial year....

Ford adds to recall

May 15, 2019 / 10:44 am

Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly. The addition covers...

Focus on fisheries declines

May 15, 2019 / 10:40 am

Significant changes could be coming to the way fisheries are managed in Canada, giving hope for the rebound of some species and the protection of others, says...

Inflation rises in April

May 15, 2019 / 8:18 am

Canada's annual inflation rate picked up its pace in April for a third-straight month due in part to stronger gasoline prices in provinces with new...

Consumer price index up

May 15, 2019 / 6:01 am

UPDATE 6:00 a.m. Canada's national annual inflation rate was two per cent in April, Statistics Canada says. Here's what happened in the provinces...

Shaw selling Corus

May 15, 2019 / 5:36 am

Shaw Communications Inc. is selling its stake in Corus Entertainment Inc. for $548 million. Under the deal, the cable and telecommunications company will sell...

Aurora Cannabis cuts loss

May 14, 2019 / 6:57 pm

Aurora Cannabis Inc. is reporting 20 per cent higher revenue and a 33 per cent lower net loss for the first three months of 2019 compared with the last quarter...

Tilray revenue soars

May 14, 2019 / 6:55 pm

Tilray Inc. expects Canada's cannabis supply could become balanced within the next two years, while the cannabis producer ramps up its production and...

Disney takes over Hulu

May 14, 2019 / 6:53 pm

Disney is taking full control of Hulu from Comcast, as both companies prepare to launch their own streaming services in response to declining audiences for...

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