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Forget the poop scooping: who will pay the bills for your pet?

Sat, 06/24/2017 - 02:00

Pets are expensive, but few of us pay enough attention to the money we'll spend by adding a furry addition to the family. Here are 6 ways to cut down on pet costs.

'Eventually, many will run out': How an LCBO strike could impact restaurants and bars

Fri, 06/23/2017 - 17:52

A long drawn-out strike by liquor store workers could have a significant impact on Ontario's restaurants, wine importers, bars and consumers. But it could offer a boon to local wineries.

CIBC looks to generate quarter of earnings from U.S.

Fri, 06/23/2017 - 10:20

CIBC closed its acquisition of Chicago-based PrivateBancorp on Friday, securing its foothold in the U.S. where CEO Victor Dodig said the bank hopes to one day generate a quarter of its earnings.

Consumer demand for debt as high as it has ever been, Equifax says

Fri, 06/23/2017 - 09:14

Canadians' appetite for debt is as insatiable as it has ever been, a new report from credit monitoring firm Equifax says.

Norsat International investors approve takeover bid from Chinese firm

Fri, 06/23/2017 - 07:59

​Norsat International Inc. says its securityholders have voted to approve a controversial takeover of the company by Chinese company Hytera Communications Co. Ltd.

Inflation rate cools to 1.3% in May as food prices fall

Fri, 06/23/2017 - 05:57

The cost of living rose by 1.3 per cent in the year up to May, a slightly slower pace than it increased by a month earlier.

BlackBerry swings to $671M quarterly profit despite lower sales

Fri, 06/23/2017 - 05:28

BlackBerry is reporting a $671 million US profit for the first quarter but its revenue was lower than expected, missing analyst estimates.

Too little, too late? Sears tries to rebrand by getting hip, hiding name

Fri, 06/23/2017 - 02:00

In its battle for survival, Sears Canada is trying to shed its old-school image with a fresh look and hipper brands — all displayed at a new pop-up shop in downtown Toronto. But experts say Sears' reinvention is 'too little too late.'

3 years into the downturn, is Calgary better off?

Fri, 06/23/2017 - 02:00

The glory days may be behind the city, but three years after oil prices started to fall, Calgary is starting to shrug off the downturn.

Postmedia selling Infomart division

Thu, 06/22/2017 - 12:22

Postmedia Network Canada Corp. has signed a deal to sell Infomart, its media monitoring division, to Meltwater News Canada Inc. for $38.25 million.

Qatar Airways seeks 10% stake in American Airlines

Thu, 06/22/2017 - 09:49

State-owned Qatar Airways is attempting to buy a 10 per cent stake in American Airlines, triggering U.S. antitrust oversight of deals that size.

Canadian retail sales top April forecasts

Thu, 06/22/2017 - 08:42

Canadian consumer spending in April was stronger than expected, which economists say lends weight to the Bank of Canada's recent suggestions that interest rate hikes could be on the way.

Sears Canada plans restructuring, files for creditor protection

Thu, 06/22/2017 - 05:55

Shares in Sears Canada were halted Thursday morning after the retailer said it is seeking court protection from its creditors while it restructures.

Enbridge to start construction this summer on Line 3 replacement pipeline

Thu, 06/22/2017 - 05:00

Construction will start this summer on Enbridge's 1,700-kilometre Line 3 replacement pipeline, the largest project the company has ever undertaken.

Warren Buffet's company buys into troubled Home Capital Group

Thu, 06/22/2017 - 03:36

Home Capital Group Inc. says American investment firm Berkshire Hathaway Inc. has agreed to indirectly acquire $400 million of its common shares in a private placement and provide a new $2 billion line of credit to its subsidiary, Home Trust Company.

Why wages aren't rising while workers remain in short supply: Don Pittis

Thu, 06/22/2017 - 02:00

Where did inflation go and how do we get it back? As Canada readies for its latest look at the state of rising prices, struggling workers want to know.

Could a levy on ISPs help promote Canadian content in the new digital world?

Thu, 06/22/2017 - 02:00

While the "internet tax" proposed by the Commons heritage committee was criticized for piling more fees onto consumers, many in the media industry feel it had the right intention, writes Ramona Pringle.

2nd wave of softwood lumber duties sets up 'dangerous' talks for Canada

Thu, 06/22/2017 - 02:00

The other shoe is set to drop for softwood lumber producers Friday as the U.S. Commerce Department is expected to reveal preliminary anti-dumping duties on Canadian imports.

Potash Corp., Agrium to be called Nutrien once merger closes

Wed, 06/21/2017 - 12:54

Potash Corporation of Saskatchewan and Agrium Inc. of Calgary have announced a new merging company name: Nutrien.

George Clooney selling tequila brand in $1B US deal

Wed, 06/21/2017 - 11:52

Global liquor behemoth Diageo says it will pay up to $1 billion US to buy a tequila brand co-founded by movie star George Clooney.

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