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Business News Feb 25 to Mar 3, 2018

Vancouver home sales fall

Mar 2, 2018 / 12:29 pm

Home sales in Metro Vancouver fell more than 14 per cent below the 10-year average in February as buyers contended with stricter mortgage rules and higher...

WTO trade war warning

Mar 2, 2018 / 8:11 am

The World Trade Organization warned Friday that U.S. President Donald Trump is risking an economically damaging trade war if he goes ahead with plans to impose...

Pot deal up in smoke

Mar 2, 2018 / 7:21 am

Medical cannabis company Maricann Group Inc. says a $70 million financing deal announced last month has fallen through after the companies behind it terminated...

Weinstein Co. battles back

Mar 2, 2018 / 5:26 am

The Weinstein Co. revived a deal to sell its assets to a group of investors who want to transform the scandal-plagued film studio into a female-led...

Canadian auto sales strong

Mar 1, 2018 / 1:22 pm

DesRosiers Automotive Consultants says new light vehicle sales continue to defy expectations this year as February saw record sales for the month. The...

Trump's big tariffs

Mar 1, 2018 / 10:04 am

UPDATE 10:05 a.m. U.S. President Donald Trump says big tariffs are coming. He says he'll sign an executive order next week. Trump says he intends to impose...

Morneau tax crack down

Mar 1, 2018 / 8:51 am

Finance Minister Bill Morneau says the government is considering legislation aimed at tax evaders that would give foreign authorities some access to...

Husky Energy earnings rise

Mar 1, 2018 / 8:25 am

Husky Energy Inc. has restored its dividend as higher oil prices and a cost-cutting plan helped it boost earnings in the last quarter. The company says it will...

Gig economy surprise!

Mar 1, 2018 / 7:00 am

The growth of the gig economy is making it easier for Canadians to earn extra cash driving for Uber, renting out their homes on Airbnb or making crafts to sell...

TD beats analyst estimates

Mar 1, 2018 / 6:34 am

TD Bank's adjusted earnings came in ahead of analyst estimates Thursday, rising 15 per cent from the year-earlier period after excluding the impact of U.S....

21 to buy firearms, ammo

Feb 28, 2018 / 8:49 pm

Walmart announced Wednesday that it will no longer sell firearms and ammunition to people younger than 21 and would also remove items resembling assault-style...

Russia keeps hacking

Feb 28, 2018 / 8:31 am

Germany's dpa news agency reports that a Russian-backed hacker group has infiltrated the German government's secure computer networks. Dpa cited...

Pot money in limbo

Feb 28, 2018 / 6:54 am

Maricann Group Inc. says its underwriters have told the medical cannabis company they are not prepared to go ahead with a $70-million financing and Canada's...

Dick's drops assault rifles

Feb 28, 2018 / 5:10 am

Dick's Sporting Goods will immediately end sales of assault-style rifles in its stores and won't sell guns to anyone under 21 years old following the...

National Bank profits up

Feb 28, 2018 / 4:07 am

National Bank beat market expectations as it reported a first-quarter profit of $550 million, up 11 per cent from $497 million a year ago. The Montreal-based...

Banks beat expectations

Feb 27, 2018 / 9:47 am

International growth continues to be a boon for Canadian lenders as Bank of Nova Scotia and Bank of Montreal's first-quarter earnings beat expectations,...

US economy still strong

Feb 27, 2018 / 8:36 am

Federal Reserve Chairman Jerome Powell told Congress Tuesday that the outlook for the U.S. economy "remains strong" despite the recent stock market...

Oilpatch losses deepen

Feb 27, 2018 / 8:34 am

Trinidad Drilling Ltd. is reporting a 50 per cent higher net loss for the fourth quarter of 2017 than the year-earlier period despite a 48 per cent increase in...

Shoppers does pot deal

Feb 27, 2018 / 5:22 am

Licensed producer Aurora Cannabis has signed a deal to supply medical marijuana to Shoppers Drug Mart. The agreement is subject to Health Canada's approval...

Black Panther big business

Feb 27, 2018 / 5:19 am

Just as "Black Panther" is setting records at the box office, a new study finds that diverse audiences are driving most of the biggest blockbusters...

CAPP calls for tax changes

Feb 26, 2018 / 9:28 am

The head of the group that represents Canada's oil and gas industry is calling on the federal government to cut taxes and ease regulatory burdens to restore...

CBS rolls out sports network

Feb 26, 2018 / 7:12 am

CBS Corp. is rolling out a 24-hour streaming sports news network that will feature the day's top news, highlights and analysis. The company said Monday the...

Mining gets modern

Feb 26, 2018 / 6:39 am

The mining industry has developed a reputation for being slow to change but a new wave of start-ups is helping push it into the digital age. Four of those...

Weinstein Co. bankrupt

Feb 26, 2018 / 6:12 am

The Weinstein Co.'s board of directors says the company is expected to file for bankruptcy protection after last-ditch talks to sell its assets collapsed....

Disabled grow economy

Feb 25, 2018 / 7:00 am

New research suggests that failing to make accessibility for people with disabilities a higher priority for Canadian businesses would cost the country billions...

Best ever second weekend

Feb 25, 2018 / 5:00 am

"Black Panther" scored one of the best second weekends ever with an estimated $108 million in ticket sales, putting it on track to rank among the...

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