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Updated: 3 hours 57 min ago

Bombardier on track to deliver on turnaround goals, CEO says

Thu, 12/14/2017 - 16:24

Bombardier Inc. says it's on track to deliver on its promised five-year turnaround in 2020 as its aerospace and railway divisions are projected to deliver better revenues and profits.

Categories: test news

Cineplex tests $1 reserved seating surcharge at some Star Wars screenings

Thu, 12/14/2017 - 14:27

Cineplex Inc. is giving Star Wars fans a surprise twist at the box office by charging an extra dollar for assigned seating at some showings.

Categories: test news

FCC votes to roll back U.S. net neutrality protections

Thu, 12/14/2017 - 13:17

The Federal Communications Commission voted to roll back U.S. laws designed to ensure a free and open internet, a controversial yet expected decision that critics say hands control of web traffic to a small number of billion-dollar companies.

Categories: test news

These are the things that Bank of Canada's Poloz says keep him awake at night

Thu, 12/14/2017 - 12:25

Cyber threats, the housing market, youth jobs, and bitcoin are among the things that Bank of Canada governor Stephen Poloz says keep him up at night. Watch his speech to the Canadian Club in Toronto here at 12:40 p.m. ET.

Categories: test news

Canadians owe $1.71 for every dollar of disposable income they have — a new record high

Thu, 12/14/2017 - 10:18

Canadians owe $1.71 for every dollar of disposable income they had in the third quarter of 2017, the highest amount on record.

Categories: test news

Home sales rise to November record as average price hits $504,000

Thu, 12/14/2017 - 09:36

Last month was the busiest November for Canadian home sales on record, despite a slowdown in activity in the Greater Toronto Area.

Categories: test news

Disney to buy much of 21st Century Fox in $52B US takeover

Thu, 12/14/2017 - 08:38

Disney is buying a large part of the Murdoch family's 21st Century Fox in a $52.4-billion US deal, including for film and television studios, cable and international TV businesses, as it tries to meet competition from technology companies in the entertainment business.

Categories: test news

Cenovus Energy plans to cut 15% of workforce to reduce costs

Thu, 12/14/2017 - 08:37

Cenovus Energy Inc. said Thursday it is planning to cut about 15 per cent of its workforce as it looks to reduce costs next year.

Categories: test news

Why Canada's net neutrality fight hasn't been as fierce as the one in the U.S.

Thu, 12/14/2017 - 05:00

America's telecom regulator is much more partisan than Canada's own, but there are legal reasons too.

Categories: test news

Peak beer? Why some are worried the craft-brewing craze could flood the market

Thu, 12/14/2017 - 05:00

The popularity of craft beer has seen the number of licensed breweries in Canada increase dramatically over the past five years. But some say the industry could be facing a flooded market.

Categories: test news

Yellen swan song reveals confidence in North American economic future: Don Pittis

Thu, 12/14/2017 - 05:00

Rather than carping at Donald Trump or her successor Janet Yellen was upbeat. But Canadian borrowers should watch out for much higher interest rates.

Categories: test news

MLSE strikes deal to buy Toronto Argos

Wed, 12/13/2017 - 16:54

Maple Leaf Sports & Entertainment has struck a deal to buy the CFL's Toronto Argonauts. The deal still needs to be approved by the CFL's board of governors.

Categories: test news

Morneau's small business tax changes promise simpler rules for income sprinkling

Wed, 12/13/2017 - 12:10

The federal government has unveiled its new proposal to curb "income sprinkling" by some small business owners to family members, with substantive changes to a much-criticized initial proposal unveiled in the summer.

Categories: test news

Fed raises interest rates, keeps policy outlook unchanged for 2018

Wed, 12/13/2017 - 11:34

Janet Yellen will hold her final news conference as Federal Reserve chair at 2:30 p.m. ET, after the Fed announced an expected hike in interest rates. You can watch Yellen here live.

Categories: test news

What legal weed stores will look like: 'Very chic, very modern, very clean-cut'

Wed, 12/13/2017 - 11:14

With less than seven months to go before recreational marijuana becomes legal, provinces and territories are scrambling to come up with plans to sell cannabis, but few details have emerged about what the retail experience of buying legal weed will be like.

Categories: test news

Hectic lives making meal kits delivered to your door a booming trend in Canada

Wed, 12/13/2017 - 10:23

Home-delivered meal kits have are a food phenomenon that has quickly grown into a $120-million industry in Canada.

Categories: test news

U.S. inflation rate ticks up to 2.2% as Federal Reserve expected to announce rate hike

Wed, 12/13/2017 - 09:05

Gasoline prices in the U.S. rose by 7.3 per cent last month, enough to push the country's overall inflation rate up to 0.4 per cent.

Categories: test news

Get ready to get dinged when you dine out next year

Wed, 12/13/2017 - 06:00

Food prices are expected to hold steady for the next year — unless you like eating in restaurants.

Categories: test news

Ontario's new ticket sales law could backfire for fans, critics warn

Wed, 12/13/2017 - 05:00

Ontario is on the verge of overhauling the way tickets for live events are bought and sold and some major stakeholders in the industry are warning the measures could drive online sales to the black market and offer less fraud protection for fans. But the government said it acted to put fans first.

Categories: test news

How an expected U.S. interest rate increase will affect Canadians: Don Pittis

Wed, 12/13/2017 - 05:00

A U.S. rate rise today seems like a foregone conclusion, with more to come. Canadian borrowers should ask, "How many more?"

Categories: test news

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