Business News
Lumber chops down US competition
British Colombia's share of Chinese softwood lumber imports is growing even before overall demand accelerates as American producers pull back to supply...
Whitney Houston #1 google search
The world's attention wavered between the tragic and the silly in 2012, and along the way, millions of people searched the Web to find out about a royal...
Ontario to write off at least $1.4B
Ontario's cash-strapped government plans to write off at least $1.4 billion in unpaid taxes because it failed to act promptly and lacked the manpower to...
Fed stimulus hope moves markets
The Toronto stock market was higher Wednesday as commodity prices gained ground and traders looked ahead to another dose of economic stimulus from the U.S....
Carney says warnings are working
The Bank of Canada's warnings about coming interest rate hikes may already be reaping benefits, including changing the behaviour of consumers, governor Mark...
German confidence moves TSX up
The Toronto stock market is slightly higher amid reassuring data on investor optimism suggesting Germany will be able to avoid slipping into recession. Traders...
HSBC's $1.9B money-laundering case
HSBC, the British banking giant, said Tuesday it will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States....
Holiday rush is on at Canada Post
If you were thinking this is the week to finally mail out your Christmas cards or make a gift purchase online then you're not alone. Canada Post expects...
Nexen takeover deal approved
OTTAWA - Prime Minister Stephen Harper ended months of market uncertainty by approving the foreign takeovers of Calgary-based Nexen Inc. and Progress Energy...
Cheers, it's the holidays
Canadians are expected to raise their glasses many times this holiday season with alcohol sales on track to set a record high this month and also for 2012, says...
A good day at the 'market'
The Toronto stock market was positive Friday amid much better than expected job creation data in Canada and the United States last month. The S&P/TSX...
George Zimmerman sues NBC
George Zimmerman sued NBC on Thursday, claiming he was defamed when the network edited his emergency services call to police after the shooting of Trayvon...
TD Bank's billion dollar profit
TD Bank Financial Group (TSX:TD) reported a fourth-quarter profit of $1.6 billion Thursday as it announced a deal to buy U.S.-based money manager Epoch Holding...
Dollarama makes mega dollars
Dollarama Inc. (TSX:DOL) had a big increase in third quarter net earnings in its latest quarter, as well as a jump in revenue from higher sales at established...
Lululemon stretches profits and sales
Yoga-inspired retailer Lululemon Athletica Inc. warned Thursday that it expects slower sales growth in the final three months of this year. In its outlook, the...
TSX up on positive business news
The Toronto stock market was higher amid strong earnings reports from TD Bank (TSX:TD), CIBC (TSX:CM) and National Bank (TSX:NA) along with a major announcement...
Company perks $650M to open cafes
Starbucks, the world's biggest coffee company, is planning to add at least 1,500 cafes in the U.S. over the next five years. The plan, which would boost...
Metal prices firm up
The Canadian dollar was higher Wednesday amid mixed commodity prices and optimism that there is more willingness on the part of China's new leadership to...
Citigroup hacks 11,000 jobs
NEWCitigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 per cent of Citi's...
BMO Big increase in Q4 for BMO
The Bank of Montreal (TSX:BMO) has reported a big increase in quarterly and annual profit, beating analyst estimates by a wide margin. For the fourth quarter...