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Updated: 2 hours 16 min ago

Canadian farmers chart gains in Japan as tariffs fall in Asia-Pacific markets

2 hours 57 min ago

With a new Asia-Pacific trade deal slashing tariffs, Canada's pork and beef producers see even more potential in a lucrative Japanese market.

Malaysia says Goldman Sachs must pay, apology not enough

3 hours 9 min ago

Malaysia's finance minister says that an apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it must pay $7.5 billion as compensation.

CN Rail, First Nation plan to break ground on new 'bitumen puck' facility this year

Thu, 01/17/2019 - 14:45

CN Rail and an Alberta First Nation want to start construction on a new facility to produce bitumen pucks this year and begin shipping the product around the world before the end of 2020.

Huawei to grow Canadian R&D budget to make equipment more secure: president

Thu, 01/17/2019 - 13:58

The president of Huawei Canada says it will be getting a piece of the $2 billion US that its global Chinese parent will spend over five years to hire more software engineers to make its equipment more secure, resilient and efficient.

Kids retailer Gymboree files for bankruptcy protection, plans to close all 380 stores

Thu, 01/17/2019 - 09:47

Gymboree has filed for bankruptcy protection for a second time in as many years, but this time the children's clothing retailer will begin winding down operations for good.

Royal Bank cuts 5-year fixed mortgage rate, others likely to follow suit

Thu, 01/17/2019 - 06:13

Canada's biggest bank has cut its five-year fixed-term mortgage rate, a move other banks are likely to try to match in short order.

A Brexit lesson in economics for Canadians hoping to profit from anger: Don Pittis

Thu, 01/17/2019 - 01:00

Brexit offers an economic warning to Canadians trying to benefit by stoking anger and division.

Oilpatch CEOs support Indigenous bid for Trans Mountain

Thu, 01/17/2019 - 01:00

Some oilpatch CEOs are supporting a bid by Indigenous groups in Western Canada to purchase the Trans Mountain pipeline and the proposed expansion project.

Maker of 'fun' toy bomb apologizes, halts sales following complaints

Thu, 01/17/2019 - 01:00

The company behind a bomb-defusing game for children has offered an apology following complaints from parents that it's inappropriate and insensitive. YULU also says it will stop shipping the item to North American markets.

China says economy czar to visit Washington for trade talks

Thu, 01/17/2019 - 00:28

China's economy czar, Vice-Premier Liu He, will visit Washington on Jan. 30-31 for talks aimed at ending a costly tariff war over U.S. complaints about Beijing's technology ambitions.

Alberta crude oil curtailments remain unchanged despite price recovery

Wed, 01/16/2019 - 14:49

Alberta Energy Minister Marg McCuaig-Boyd says the province is leaving its oil curtailment levels at 325,000 barrels per day for now despite discounts for western Canadian crude that have narrowed to three-and-a-half-year lows.

Trucking association wants foreign workers to fill trucker shortage

Wed, 01/16/2019 - 10:10

The Ontario Trucking Association says there's a desperate shortage of truckers in Ontario and they have a solution. They want to bring in more foreign workers to do the job because companies can't find enough people in Ontario.

Global tensions high ahead of Davos summit, warns World Economic Forum

Wed, 01/16/2019 - 08:39

Organizers of next week's annual gathering of business and political leaders in the Swiss ski resort of Davos say worsening international relations are hindering efforts to resolve global challenges.

Sears staves off liquidation, stores to remain open

Wed, 01/16/2019 - 07:44

The company's chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears, averting liquidation of the iconic chain, according to a source familiar with the negotiations.

British companies warn that Brexit uncertainty is taking an economic toll

Wed, 01/16/2019 - 07:10

Furious companies facing weeks more uncertainty over an ever closer Brexit lashed out at politicians on Wednesday, and warned of chaos at ports and catastrophic job losses if Britain failed to secure a withdrawal deal with the European Union.

Marijuana companies set to vie for POT listing as valuable ticker symbol up for grabs

Wed, 01/16/2019 - 05:56

High demand for the POT stock symbol has prompted several Canadian stock exchanges to conduct a collective lottery to select which company will be able to use the eye-catching ticker.

U.S. government's partial shutdown takes economic toll as talks to end impasse stall

Wed, 01/16/2019 - 05:53

The U.S. economy is taking a larger-than-expected hit from the partial government shutdown, White House estimates show, as contractors and even the Coast Guard go without pay, and talks to end the impasse seemed stalled.

Cyber thieves make off with hundreds of thousands of dollars in attack targeting Coast Capital Savings

Wed, 01/16/2019 - 04:00

The RCMP and the credit union are investigating after 140 members were robbed in "phishing" and "brute force" cyber attacks.

The best a man can get? Why some men are brushing off Gillette's ad campaign

Wed, 01/16/2019 - 01:00

Some men are outraged by a new Gillette ad about toxic masculinity because they're not used to males or masculinity being criticized in advertising.

Wind power making gains as competitive source of electricity

Wed, 01/16/2019 - 01:00

It’s taken a decade of technological improvement and a new competitive bidding process for electrical generation contracts, but wind may have finally come into its own as among the cheapest ways to create power.

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