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Cenovus shares plummet on news CEO to retire and up to $5B in assets to be sold

cbc news - Tue, 06/20/2017 - 09:18

Cenovus Energy shares fell more than 10 per cent in early trading Tuesday after the oil company announced plans for more asset sales, deeper cost cutting and the coming retirement of CEO Brian Ferguson

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Ads from company fighting for passenger rights banned from 2 airports

cbc news - Tue, 06/20/2017 - 05:00

Both Montreal and Toronto airports are refusing to run an ad campaign created by Flight Claim, a new company that fights for compensation for wronged passengers.

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As provinces seek the 'right' price for pot, how it's sold could matter

cbc news - Tue, 06/20/2017 - 05:00

Provincial finance ministers are being told to keep taxes on legal marijuana sales low, or risk undercutting the government's goal of ending black market cannabis sales. But enticing consumers to buy legal marijuana over illicit weed will also require a competitive retail system, some argue.

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Barclays charged by U.K. Fraud Office over Qatar fundraising

cbc news - Tue, 06/20/2017 - 03:24

Britain's Serious Fraud Office has charged Barclays Plc and four former executives with conspiracy to commit fraud when they sought investment from Qatar in 2008.

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Tie vote defeats Senate motion to split infrastructure bank from budget bill

cbc news - Mon, 06/19/2017 - 23:22

The Senate won't be splitting the Trudeau government's budget bill to hive off the portion dealing with creation of a new infrastructure bank.

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Tim Hortons franchisees launch $500M class-action suit against parent company

cbc news - Mon, 06/19/2017 - 15:03

A group of Tim Hortons franchisees have launched a $500-million class-action lawsuit against the parent company for mismanagement of the brand, accusing the chain's owners of making it harder for them to stay in business.

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Supreme Court hands Redskins a handy ruling in court battle over offensive team name

cbc news - Mon, 06/19/2017 - 13:23

The Supreme Court on Monday struck down part of a law that bans offensive trademarks in a ruling that is expected to help the Washington Redskins in their legal fight over the team name.

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Phoenix grounding: American Airlines may halt flights at PHX as mercury set to top 120 degrees

cbc news - Mon, 06/19/2017 - 12:02

American Airlines is warning passengers that it may have to ground flights in Phoenix during a heat wave that could send the temperature soaring to 120 degrees.

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National Post to eliminate Monday print edition

cbc news - Mon, 06/19/2017 - 11:02

The National Post newspaper is eliminating its Monday print edition, which will be replaced with an ePaper edition starting July 3.

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Major shareholder in The Bay pushes company to sell off real estate, consider going private

cbc news - Mon, 06/19/2017 - 10:01

A minority shareholder in Hudson’s Bay Company says the company should consider selling its real estate holdings or consider a privatization by management.

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Heat Warning terminated for Toronto

City of Toronto - Mon, 06/19/2017 - 07:06
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Get ready to pay more for meat this summer, food inflation researchers say

cbc news - Mon, 06/19/2017 - 06:13

Your grocery bill may not rise by quite as much as Canada's leading food price experts expected this year, but there's one section where you should expect to pay even more: the butcher.

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Undercover investigation unmasks cash-for-jobs Chinese immigration scheme

cbc news - Mon, 06/19/2017 - 05:00

CBC’s iTeam recorded an immigration consultant offering to pay a Prince Albert business owner cash in exchange for a letter offering a Chinese national a job.

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