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Supreme Court to issue landmark rulings on Indigenous relationship with energy sector

cbc news - 2 hours 23 min ago

The Supreme Court will deliver two landmark rulings Wednesday that could lead to fundamental changes for Canada's energy sector and its relationship with Indigenous Peoples.

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Home Capital repays $2B line of credit from Warren Buffett's Berkshire Hathaway

cbc news - 2 hours 48 min ago

Home Capital Group, the Toronto-based alternative mortgage lender that was on the verge of collapse earlier this year, says it has repaid a $2-billion line of credit from Berkshire Hathaway.

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CN Rail beats profit forecasts on higher revenuess

cbc news - 3 hours 45 min ago

Canadian National Railway beat analyst expectations as its profits grew 20 per cent to $1.03 billion in the second quarter on higher revenues.

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NAFTA talks set for clash over where private, personal data is stored

cbc news - 4 hours 25 min ago

One of the American objectives for the upcoming renegotiation of the North American Free Trade Agreement appears on a collision course with privacy laws in British Columbia and Nova Scotia. Should it matter where governments keep their data?

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Pacific NorthWest LNG project scrapped by Petronas, partners

cbc news - 6 hours 37 min ago

The Pacific NorthWest LNG project in Port Edward, B.C., has been cancelled as a result of "changes in market conditions."

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Jailed Volkswagen exec to plead guilty in U.S. diesel scandal

cbc news - 7 hours 30 min ago

A German Volkswagen executive who has been in a Michigan jail for months plans to plead guilty in the company's U.S. emissions scandal, a court spokesman said Tuesday.

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Adobe to pull plug on Flash, ending an era

cbc news - 8 hours 12 min ago

Adobe Systems Inc.'s Flash, a once-ubiquitous technology used to power most of the media content found online, will be retired at the end of 2020, the software company announced Tuesday.

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Mexico taking a bigger bite of North America's auto sector

cbc news - 8 hours 38 min ago

After six consecutive months of record output, Mexico now makes more than one out of every five vehicles built in North America, new numbers from autotomotive organization Ward's shows.

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$1 soda sales promo helps boost McDonald's sales in U.S.

cbc news - 9 hours 4 min ago

McDonald's says a promotion for $1 sodas and a new line of premium burgers helped boost sales in its flagship U.S. market.

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GM profit falls 40%, better than analysts expected

cbc news - 11 hours 23 min ago

General Motors' second-quarter net profit fell more than 40 per cent largely due to a loss from the sale of its European unit.

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Handbag-maker Michael Kors finds its perfect pair in Jimmy Choo purchase worth $1.3B

cbc news - 11 hours 52 min ago

American fashion brand Michael Kors is buying luxury shoemaker Jimmy Choo in a deal worth $1.35 billion US

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Venturing Out with Arlene Dickinson and guest Dino Trevisani

cbc news - 13 hours 42 min ago

Arlene chats with Dino Trevisani, president of IBM Canada, about how entrepreneurialism shapes his approach to business and how entrepreneurs should approach building a business. Arlene and Dino also share some anecdotes guaranteed to make you smile.

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New investment rules fail to reveal some hidden fees

cbc news - 15 hours 42 min ago

CRM2 disclosure rules give investors a better look at fees - but not the whole picture

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Who are the winners and losers from a rising loonie?

cbc news - 15 hours 42 min ago

Buoyed by strong sentiment — both at home and abroad — about the state of the Canadian economy, and getting the benefit of general weakness in the U.S. greenback, the Canadian dollar is now flying in territory it hasn't seen in two years.

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Cannabis executive says producers unlikely to meet demands of consumer market

cbc news - Mon, 07/24/2017 - 17:38

​ An official with a large Canadian producer of medical cannabis is confident consumers will be adequately supplied come next July, but says production will need to be increased.

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Alphabet profit slumps on record $2.7B US fine by European Union

cbc news - Mon, 07/24/2017 - 16:45

Alphabet Inc. reported a 27.7 percent drop in quarterly profit as the company recorded a previously announced charge related to a record fine imposed on its Google unit by the EU.

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Why an 80-cent loonie is good for shoppers but bad for oil producers

cbc news - Mon, 07/24/2017 - 15:57

One of the few saving graces of the oil downturn has been that oil is priced in U.S. dollars, meaning that as the loonie dropped over the past three years, it cushioned the blow of the price drop. That's coming to an end.

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Sweetened bid for Tembec wins support from shareholders who opposed deal

cbc news - Mon, 07/24/2017 - 14:36

Rayonier Advanced Materials Inc. has raised its takeover offer for Tembec Inc. to win the support of two of the forestry company's largest shareholders who had threatened to block the friendly deal.

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Norbord OSB mill in 100 Mile House, B.C., resumes production after wildfires

cbc news - Mon, 07/24/2017 - 12:10

Norbord Inc. says its oriented strand board mill in 100 Mile House, B.C., resumed production over the weekend.

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European car companies act as cartel & collude together, lawmakers allege

cbc news - Mon, 07/24/2017 - 12:03

Volkswagen will hold a special supervisory board meeting on Wednesday to discuss allegations that German carmakers operated a wide-ranging cartel, a source familiar with the matter said on Monday.

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