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Business News

Walmart to quit e-cig sales

Sep 21, 2019 / 7:00 am

Walmart is getting out of the vaping business. America's largest retailer said Friday that it will stop selling electronic cigarettes at its namesake stores...

Markets in record territory

Sep 20, 2019 / 10:34 am

Canada's main stock index pushed higher into record territory in late-morning trading, helped by gains in the energy sector as the price of oil moved up....

TMX ready to lay pipe

Sep 20, 2019 / 10:31 am

Trans Mountain Corporation says that it has received over 55% of the total pipe required to build its expansion project, or 550 kilometres of the 1,000-km...

Bay closing in Netherlands

Sep 20, 2019 / 10:05 am

Hudson's Bay Co. is closing its 15 Hudson's Bay stores in the Netherlands, as well as its e-commerce site and headquarters in the country by the end of...

Home equity fuels spending

Sep 20, 2019 / 10:03 am

Canadian homeowners who accessed their home equity through a loan or refinancing helped fuel household spending in recent years, according to research by staff...

Retail sales reverse trend

Sep 20, 2019 / 9:54 am

Statistics Canada says retail sales rose 0.4 per cent in July to $51.5 billion, the first increase in three months. Economists had expected an increase of 0.6...

GM assembly line stops

Sep 20, 2019 / 8:36 am

Approximately 1,850 unionized workers have been temporarily laid off with pay from General Motors' Oshawa, Ont. plant as the ongoing strike by the United...

GM offer would add jobs

Sep 20, 2019 / 6:37 am

A General Motors offer to invest $7 billion in U.S. facilities includes $2 billion from joint ventures and suppliers for new plants that would pay workers less...

Prospera close to merger

Sep 19, 2019 / 3:00 pm

Prospera Credit Union and Westminster Savings Credit Union are one step closer to getting hitched. B.C.’s Financial Institution Commission on Thursday...

PG daily goes weekly

Sep 19, 2019 / 2:11 pm

The century-old Prince George Citizen newspaper in central British Columbia has announced to its readers that it will be moving from a daily print edition to a...

Mitsubishi picks Quebec

Sep 19, 2019 / 2:10 pm

The Mitsubishi Aircraft Corp. is putting down roots in Quebec, unveiling plans for a Montreal-area product development centre after reaching a deal in June to...

Airbnb to go public in 2020

Sep 19, 2019 / 10:02 am

Home-sharing company Airbnb Inc. said Thursday it plans to go public in 2020. It's a long-awaited move for the San Francisco company, which was founded in...

Hotel workers walk out

Sep 19, 2019 / 9:51 am

Unionized workers at three high-end Vancouver hotels say they have begun strike action to back demands for safe and stable work. Unite Here Local 40 says...

Rally boosts S&P/TSX

Sep 19, 2019 / 8:40 am

A broad-based rally helped lift Canada's main stock index into record territory in late-morning trading, while U.S. stock markets also surged higher. The...

Millions in pot sent back

Sep 19, 2019 / 6:45 am

CannTrust Holdings Inc. says its products being returned by Alberta government's cannabis wholesaler and online retailer total about $1.3 million. The...

Canfor takeover opposed

Sep 18, 2019 / 5:53 pm

An investment management company that controls about 4.8 per cent of the shares of Canfor Corp. says it will vote against the proposal by a Jim Pattison Group...

Oil drops despite tensions

Sep 18, 2019 / 3:03 pm

Oil prices retreated for a second day Wednesday even as the Saudi military blamed Iran for recent attacks to critical oil infrastructure and U.S. Secretary of...

Airlines make hay with fees

Sep 18, 2019 / 3:00 pm

All those checked bags, seating upgrades and onboard snacks you pay for on Air Canada flights are starting to add up for the company. While the country's...

Mediation for dispatchers

Sep 18, 2019 / 2:52 pm

A mediator has been appointed as emergency dispatchers try to reach a new contract with their employer, E-Comm Emergency Communications for British Columbia....

Fortis rates staying put

Sep 18, 2019 / 1:55 pm

FortisBC has received regulatory approval from the B.C. Utilities Commission to maintain the cost of natural gas and propane for all customers through the end...

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