Feed aggregator

WestJet CEO's exit creates unexpected turbulence for airline

cbc news - Fri, 03/09/2018 - 04:00

From labour unrest to grand expansion, the 'little airline that could' is suddenly facing major turbulence without the man who’d led the company for the past eight years. Calgary-based WestJet CEO Gregg Saretsky’s sudden exit – a retirement, according to the company – caught investors, analysts and union officials off guard.

Categories: test news

Air Canada union files human rights complaint over flight attendant treatment

cbc news - Thu, 03/08/2018 - 17:40

The union representing Air Canada flight attendants says it has filed a human rights complaint alleging 'systemic discrimination and harassment' of its members.

Categories: test news

Alberta premier threatens to cut off oil to B.C. in fight over pipeline: throne speech

cbc news - Thu, 03/08/2018 - 16:31

The Alberta government is taking a page from the playbook of former premier Peter Lougheed by threatening to cut oil exports in its fight against B.C.’s efforts to stop the expansion of the Trans Mountain pipeline.

Categories: test news

Oil firm ceasing operations, leaving thousands of untended Alberta wells

cbc news - Thu, 03/08/2018 - 13:49

The Alberta Energy Regulator has issued an order against privately held oil and gas company Sequoia Resources Corp. after it warned it is ceasing operations "imminently" and won't be able to maintain thousands of wells and pipelines in the province.

Categories: test news

International trade minister signs CPTPP trade deal with sights set on South America's Mercosur bloc

cbc news - Thu, 03/08/2018 - 12:58

Canada's minister of international trade marked an important step forward in Canada's trading relationship with one bloc of countries today, while looking to start a new deal with another.

Categories: test news

Questions help investors still the slippery siren's call of investment bubbles

cbc news - Thu, 03/08/2018 - 12:27

Financial experts say managing their clients' expectations is getting increasingly complicated as interest in the cannabis industry surges ahead of legalization in Canada, despite fear that the sector is either already in or headed for 'bubble' status.

Categories: test news

CMHC says pace of housing starts picked up in February

cbc news - Thu, 03/08/2018 - 11:00

The pace of new home construction picked up unexpectedly in February driven by strength in the condo market in major cities, Canada Mortgage and Housing Corp. said Thursday.

Categories: test news

New $10 bill featuring civil rights activist Viola Desmond debuts today

cbc news - Thu, 03/08/2018 - 09:33

In 1946, Viola Desmond went to jail for standing up for the rights of black people in Nova Scotia. Today, the Halifax civil rights activist will be honoured when the new $10 bill featuring her face is unveiled.

Categories: test news

WestJet Airlines chief executive Gregg Saretsky retires

cbc news - Thu, 03/08/2018 - 07:58

WestJet Airlines Ltd. says chief executive Gregg Saretsky is retiring effective Thursday.

Categories: test news

U.S. steel, aluminum tariffs won't apply to Canada or Mexico right away, Trump adviser says

cbc news - Thu, 03/08/2018 - 07:35

Donald Trump’s trade and manufacturing adviser says the U.S. president’s planned tariffs for steel and aluminum imports would not immediately apply to Canada and Mexico.

Categories: test news

Kinder Morgan CEO unsure when construction will start on Trans Mountain expansion

cbc news - Thu, 03/08/2018 - 04:11

The chief executive of Kinder Morgan won't put a timeline on when construction will begin on the Trans Mountain expansion, a delayed project which would ship Alberta oil to British Columbia's coast.

Categories: test news

Trump's tariffs proposal leaves U.S. keg factory owner 'horrified'

cbc news - Thu, 03/08/2018 - 04:00

Scott Bentley, owner of the American Keg Company, says his employees are wrong in thinking steep tariffs on steel would be good for the company.

Categories: test news

Trade disruption would likely spell the end of North American jobs surge: Don Pittis

cbc news - Thu, 03/08/2018 - 04:00

Employment numbers in Canada and the U.S. may already be feeling the effects of President Donald Trump's trade war threats. Don Pittis explains why Trump's battle plan to save American jobs won't work.

Categories: test news

WestJet says Swoop still headed for June takeoff despite issues with union

cbc news - Wed, 03/07/2018 - 17:54

WestJet Airlines says it's still on course to launch its new Swoop ultra-low-cost carrier despite unresolved bargaining issues with the Air Line Pilots Association, as the two sides negotiate a first contract.

Categories: test news

U.S. stocks retreat as trade war fears mount

cbc news - Wed, 03/07/2018 - 14:04

Wall Street's main indexes fell on Wednesday as U.S. President Donald Trump looked set to impose steep tariffs on imported steel and aluminum this week, a move that could spiral into a global trade war.

Categories: test news

Trump to push ahead with tariffs, piles pressure on China over trade

cbc news - Wed, 03/07/2018 - 12:21

U.S. President Donald Trump looked set on Wednesday to authorize steep tariffs on imported steel and aluminum this week as he stepped up pressure against China to develop a plan to reduce its trade imbalance with the United States by a billion dollars.

Categories: test news

CN apologizes, promises immediate action to clear backlog of grain shipments

cbc news - Wed, 03/07/2018 - 10:47

Canadian National Railway Co. is apologizing for failing to keep grain shipments moving reliably by rail, and says it's taking immediate steps to clear the backlog — including mobilizing more train cars and workers.

Categories: test news

Bank of Canada stands pat, keeps benchmark interest rate at 1.25%

cbc news - Wed, 03/07/2018 - 10:00

The Bank of Canada did what was expected of it on Wednesday, opting not to change its benchmark interest rate from its current level of 1.25 per cent.

Categories: test news

Push by female-led investor group to buy Weinstein Company falls through

cbc news - Wed, 03/07/2018 - 09:30

The female-led investor group that had agreed to buy The Weinstein Company's assets pulled its offer on Tuesday, and lead investor Maria Contreras-Sweet said the decision was made after the group 'received disappointing information' about the state of the company's finances.

Categories: test news