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Business News Last 7 days

Ottawa extends EI benefits

Aug 20, 2018 / 1:11 pm

Seasonal workers in certain areas of the country will get up to five more weeks of employment insurance benefits under a $189 million pilot project announced...

Fires lift lumber prices

Aug 20, 2018 / 10:57 am

Wildfires roaring through B.C. timber stands are being linked to both rising lumber prices and rallying stocks for Canadian forest product companies. CIBC World...

PepsiCo buys SodaStream

Aug 20, 2018 / 6:58 am

Beverage giant PepsiCo on Monday purchased Israel's fizzy drink maker SodaStream for $3.2 billion, a boon for a company that has enjoyed a resurgence after...

Greek bailout era ends

Aug 20, 2018 / 6:56 am

There'll be no dancing in the moonlit streets of Athens. For all the official pronouncements that Greece's eight-year crisis will be over as its third...

'Please don't raise tariffs'

Aug 20, 2018 / 6:49 am

Fishermen off the Alaskan coast. A Florida maker of boat trailers. A building materials distributor in Tennessee. Those and hundreds of other American...

Business has eye on smoke

Aug 18, 2018 / 8:20 am

Tourists are still filling golf courses and shops in Kimberley, but the smoke-filled city's unique SunMine solar power project is operating at less than...

Tax system favours wealthy

Aug 17, 2018 / 2:48 pm

A recent union-sponsored survey suggests an overwhelming majority of federal government auditors believe Canada's tax system unfairly favours the wealthy...

Airfare creeps skyward

Aug 17, 2018 / 2:41 pm

Rising fuel costs drove a 28 per cent year-over-year rise in the price of airfare and helped push inflation to its highest level since 2011. The leap in...

Get rid of that pesky hair

Aug 17, 2018 / 11:35 am

It's a hairy subject, but you don't have to put up with unwanted hair – anywhere. With summer, that means many may want to get some of that stuff...

Tim Hortons takes on China

Aug 17, 2018 / 7:46 am

The president of Tim Hortons says a plan to conquer a crowded Chinese coffee market hinges on tailoring its menu to local habits and tastes — including...

Happy birthday, Boler

Aug 17, 2018 / 6:04 am

Angela Durand sits outside her camper which is decorated to look just like the yellow submarine in the well-known song by The Beatles. In a lawn chair beside...

Inflation rate jumps

Aug 17, 2018 / 6:03 am

Statistics Canada says higher gasoline prices helped push the country's annual inflation rate in July to its highest reading since September 2011. The...

Pipeline construction to start

Aug 16, 2018 / 3:23 pm

The National Energy Board says Trans Mountain Pipeline ULC can start construction on sections of its pipeline expansion between Alberta and British Columbia....

AirCan exec jumps to KLM

Aug 16, 2018 / 3:20 pm

Air Canada's chief operating officer Ben Smith has been named the new CEO of Air France-KLM. The longtime No. 2 at Air Canada will be the first non-French...

Tesla sues Ontario gov't

Aug 16, 2018 / 3:17 pm

The Canadian arm of Tesla, Inc., is taking the Ontario government to court, claiming it has been treated unfairly in the cancellation of a program providing...

Musk proposes new tunnel

Aug 16, 2018 / 12:25 pm

Traffic-weary baseball fans could someday travel to and from Dodger Stadium on a public transportation system underneath Los Angeles — if Elon Musk's...

Working to pay the man

Aug 16, 2018 / 9:56 am

If you're like most Canadians, you paid more in taxes last year than you did on housing, food and clothing. The average Canadian family paid $37,058 in...

Manufacturing bright spot

Aug 16, 2018 / 6:49 am

Statistics Canada says manufacturing sales rose more than expected in June, boosted by the petroleum and coal industry. The agency says manufacturing sales were...

Zero-commission service

Aug 16, 2018 / 5:29 am

Wealthsimple is planning to launch what the robo-adviser says is the first zero-commission stock-trading service in Canada. The financial technology company...

Bell Media gets Viceland

Aug 16, 2018 / 5:17 am

Bell Media has signed a new long-term agreement that will see it become the exclusive Canadian broadcaster for new programming from Vice Media network Viceland....

Balloons next in target?

Aug 15, 2018 / 3:13 pm

Now that plastic straws may be headed for extinction, could Americans' love of balloons be deflated? The joyous celebration of releasing balloons into the...

Big booze joins big pot

Aug 15, 2018 / 12:20 pm

Alcohol giant Constellation Brands will invest $5 billion in Canopy Growth Corp. — the largest strategic investment in the cannabis space to date —...

Stocks tumble, loonie falls

Aug 15, 2018 / 8:16 am

Canada's main stock index posted a triple-digit decline in late-morning trading as energy and resource stocks slid lower and commodity prices moved down....

Home sales tick higher

Aug 15, 2018 / 6:52 am

The Canadian Real Estate Association says home sales in July were up 1.9 per cent compared with June. The increase was led by the Greater Toronto Area, while...

Gender revenue gap

Aug 15, 2018 / 6:20 am

When Dionne Laslo-Baker sought a bank loan to expand her burgeoning organic popsicle and freezies business in 2014, she was shocked by the patronizing feedback...

White House fake news

Aug 15, 2018 / 5:55 am

The White House has acknowledged error in its false claim that President Donald Trump created three times as many jobs for African-Americans than President...

$5 billion pot investment

Aug 15, 2018 / 5:30 am

Constellation Brands has signed a deal to invest $5 billion in Canopy Growth Corp. to increase its stake in the marijuana company to 38 per cent and make it its...

Metis back pipeline plan

Aug 14, 2018 / 3:05 pm

An organization that represents Metis in Alberta says it supports the expansion of the Trans Mountain oil pipeline through B.C. The Metis Nation of Alberta says...

CAE increases dividend

Aug 14, 2018 / 9:47 am

Montreal-based flight simulator company CAE Inc. increased its dividend as it reported its first-quarter profit and revenue improved compared with a year ago....

Not shoplifting, pregnant

Aug 14, 2018 / 9:43 am

A manager at an office supply store in North Carolina has been fired after a pregnant woman shopping there was confronted about what she was concealing beneath...

Marijuana the hot job

Aug 14, 2018 / 6:59 am

The growth of Canada's soon-to-be-legal recreational pot industry is starting to create a buzz among job hunters. The job website Indeed has released new...

Talks over steel worries

Aug 14, 2018 / 6:56 am

The federal government will announce the start of consultations today on how best to address concerns that cheaper foreign steel is entering the Canadian...

Hydro One gets new board

Aug 14, 2018 / 5:20 am

A new board of directors has been appointed to Hydro One Ltd. just over a month after its chief executive retired and the entire board resigned en masse. Ten...

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