test news

Canada's annual inflation rate eases to 1% in June

cbc news - Fri, 07/21/2017 - 08:42

Canada's annual rate of inflation came in at one per cent on a year-over-year basis in June, slightly below the consensus of forecasts of economists.

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Liquidation sales at most Sears stores slated for closure begin today

cbc news - Fri, 07/21/2017 - 08:02

Dozens of Sears stores slated for closure begin liquidation sales Friday, but bargain hunters would be wise to temper their expectations, say industry experts.

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Judicial watchdog finds no problem with judges attending sponsored cocktail parties

cbc news - Fri, 07/21/2017 - 05:00

The Canadian Judicial Council has dismissed complaints against federal judges who attended sponsored cocktail events at an international tax conference in Europe.

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Exxon Mobil fined $2M US for Tillerson-era breach of Russia sanctions

cbc news - Thu, 07/20/2017 - 11:48

The U.S. Treasury Department hit Exxon Mobil Corp. with a $2 million US fine Thursday for violating Russia sanctions while Secretary of State Rex Tillerson was the oil company's CEO.

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Rogers Q2 net income rises 35%, beats analyst estimate

cbc news - Thu, 07/20/2017 - 10:52

Rogers Communications reported a 35 per cent increase in second-quarter net income on Thursday, beating analyst estimates with an especially strong performance from its key wireless division.

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Canadian travel to U.S. drops, while overseas visits to Canada surge to highest May ever

cbc news - Thu, 07/20/2017 - 10:20

Canadians are making fewer trips to the United States, and foreign appetite for travel in Canada has hit its highest May on record.

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Better cellphones are holding down inflation, but it may not feel like it: Don Pittis

cbc news - Thu, 07/20/2017 - 05:00

If you're getting better cellphone service at the same price, does that make you feel as if prices are falling? That's what the stats say.

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U.S. ends laptop ban on Middle East airlines

cbc news - Thu, 07/20/2017 - 02:18

U.S. officials lifted the ban after visiting the 10 airports in Egypt, Morocco, Jordan, the United Arab Emirates, Saudi Arabia, Kuwait, Qatar and Turkey over the past three weeks to confirm new security measures announced last month were being implemented.

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LCBO employees ratify new contract that caps number of casual workers

cbc news - Thu, 07/20/2017 - 00:21

The union representing LCBO employees says it successfully approved a new contract with the province on Wednesday night.

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Hydro One signs blockbuster deal to buy Avista for $6.7B in cash

cbc news - Wed, 07/19/2017 - 17:58

Hydro One Ltd. has signed a friendly deal to acquire U.S. energy company Avista Corp. for C$6.7 billion in an all-cash deal that would create one of the largest regulated utilities in North America.

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Higher shipping volumes fuel 13% revenue jump, record earnings at Canadian Pacific

cbc news - Wed, 07/19/2017 - 16:53

Increased shipments of grain, coal, potash, energy products and chemicals and plastics helped Canadian Pacific Railway post a 13 per cent gain in its second-quarter revenue to $1.6 billion.

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Enhanced security for flights to the U.S.: What you need to know

cbc news - Wed, 07/19/2017 - 15:29

Starting today, Canadian travellers to the United States could be subject to "heightened screening" of their electronic devices when passing through airport security. Here is how it works.

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Tembec warns that its stock price risks falling if takeover rejected

cbc news - Wed, 07/19/2017 - 13:50

Tembec is warning that its shares risk falling if shareholders vote next week to reject a $807 million US friendly takeover offer from Rayonier Advanced Materials.

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NAFTA talks: Trump administration announces Aug. 16 start date in D.C.

cbc news - Wed, 07/19/2017 - 12:15

U.S. Trade Representative Robert Lighthizer announced Wednesday that the renegotiation of the North American Free Trade Agreement will begin with a first round of talks Aug. 16-20 in Washington. Additional rounds are expected to follow in Canada and Mexico.

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Canadian Food Inspection Agency expands yogurt recall to Yoplait and Liberte

cbc news - Wed, 07/19/2017 - 12:01

The Canadian Food Inspection Agency has added the Yoplait Minigo and Liberte brands of yogurt to a recall over concerns that pieces of plastic may be in the product.

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What's Canadian and cheaper than Champagne? Sparkling wine

cbc news - Wed, 07/19/2017 - 11:00

With limestone soil and cool temperatures, Canada is perfect for growing grapes for the global wine trend of popping corks.

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Spice company McCormick pays $4.2B US for French's, Frank's RedHot brands

cbc news - Wed, 07/19/2017 - 10:09

American spice company McCormick & Co. is buying the company that owns mustard and ketchup maker French's and other condiments for $4.2 billion US.

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Manufacturing sales rise for 3rd straight month in May

cbc news - Wed, 07/19/2017 - 09:54

Manufacturing sales grew by 1.1 per cent to $54.6 billion in May, better than what economists were expecting and the third straight monthly gain.

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