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Business News

Retail sales inch up

Sep 18, 2020 / 6:56 am

Statistics Canada says retail sales rose 0.6 per cent in July to $52.9 billion, helped by higher sales at motor vehicle and parts dealers and gasoline stations....

1 in 4 couldn't pay bills

Sep 17, 2020 / 9:57 am

A new survey by J.D. Power indicates that this spring, nearly one in four customers of the major credit-card companies were unable to make monthly payments....

Seaspan joins icebreaker bid

Sep 17, 2020 / 9:31 am

North Vancouver’s Seaspan Shipyards has joined forces with a third Canadian marine company in a bid to win the contract to build a massive polar...

Cargo theft on the upswing

Sep 17, 2020 / 6:58 am

People may have found it odd when thieves made off with truckloads of hot tubs and beef within days of each other in rural Alberta, but the Insurance Bureau of...

Cogeco spurns Rogers bid

Sep 17, 2020 / 6:36 am

Cogeco Communications Inc. and its parent company are accusing Rogers Communications Inc. and its American partner of using "bad faith tactics" in...

Rates near zero till 2023

Sep 16, 2020 / 3:27 pm

With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signalled Wednesday that their benchmark short-term...

Shares slide after collapse

Sep 16, 2020 / 11:59 am

Shares in Ag Growth International Inc. continue to fall on the Toronto Stock Exchange Wednesday after a newly developed commercial grain storage bin it...

Would rather work at home

Sep 16, 2020 / 10:56 am

Are you dreading heading back to the office? Or, have you gone a little stir-crazy at home and are itching to go back? While the majority of Canadians worked...

Celebs' Instagram 'freeze'

Sep 16, 2020 / 7:30 am

Kim Kardashian West, Katy Perry, Leonardo DiCaprio and other celebrities are taking part in a 24-hour Instagram “freeze” on Wednesday to protest...

Tough times for retailers

Sep 15, 2020 / 2:07 pm

Retail analysts are cautioning that more Canadian stores could follow Mountain Equipment Co-op’s path toward restructuring in the coming months as the...

TMX on schedule, budget

Sep 15, 2020 / 10:43 am

A year after construction was allowed to restart on the Trans Mountain pipeline expansion, it's chief executive says it is on budget and on schedule for...

Imperial ramps up oilsands

Sep 15, 2020 / 10:24 am

Imperial Oil Ltd. says it is ramping up production to normal rates at its Kearl oilsands mining operation in northern Alberta after the return to service of its...

Manufacturing sales climb

Sep 15, 2020 / 7:02 am

Statistics Canada says manufacturing sales rose seven per cent to $53.1 billion in July, helped by gains in sales in the motor vehicle and parts sector....

Home sales set record

Sep 15, 2020 / 7:00 am

The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time record for the month with gains led by...

Loblaw buys into medicine

Sep 15, 2020 / 6:55 am

Loblaw Companies Ltd. has signed a deal to buy a minority stake in telemedicine company Maple Corp. for $75 million. The company says the investment will be...

Burger-serving robots

Sep 15, 2020 / 6:51 am

A burger shop in the South Korean capital is a bit different from typical fast food restaurants: Its key staff are robots. From order to pick-up, customers...

Amazon to hire 100,000

Sep 14, 2020 / 9:13 am

Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort...

TikTok teams with Oracle

Sep 14, 2020 / 9:12 am

Oracle said Monday that the Chinese owner of TikTok has picked the U.S. company to be its “trusted technology provider," beating out rival Microsoft...

Tech firm hits NYSE

Sep 11, 2020 / 6:15 pm

Canadian technology company Lightspeed is testing its fortunes on the U.S. market, in hopes that investors will want a piece of its digital payments business....

Markets bounce up, down

Sep 11, 2020 / 2:38 pm

An up-and-down trading session ended in positive territory for Canada's main stock index on Friday while U.S. stock markets were mixed after another day of...

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