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Canadian children's entertainment company THX may sell itself after earnings disappoint

cbc news - Mon, 10/02/2017 - 19:09

The company behind brands such as Teletubbies, Yo Gabba Gabba! and Caillou has formed a special committee to consider the possible sale of all or part of the company.

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Equifax now says 8,000 Canadians may have been affected by cybersecurity breach

cbc news - Mon, 10/02/2017 - 17:42

Equifax Inc. says the number of Canadians who may have been affected by a cybersecurity breach at the company is 8,000, revised downward from an earlier figure of 100,000.

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U.S. files 2nd WTO complaint over alleged unfair B.C. wine sales practices

cbc news - Mon, 10/02/2017 - 16:19

The U.S. has filed a second complaint with the World Trade Organization over what it perceives as B.C.'s unfair rules regarding wine sales in the province's grocery stores, according to a release from the WTO.

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Clothing retailer Roots prices shares in IPO at between $14 and $16

cbc news - Mon, 10/02/2017 - 15:33

Clothing retailer Roots Corp. says it is looking to price its initial public offering at between $14 and $16 per share, and says the total size of the offering could be as much as $230 million.

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RioCan to sell 100 properties in smaller centres by 2019

cbc news - Mon, 10/02/2017 - 14:15

Canada's largest real-estate investment trust says it's planning to sell about $2 billion worth of properties in smaller cities over the next two years but invest more in six larger cities.

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Private Osum Oil Sands sells production royalty for $92.5M to pay for expansion

cbc news - Mon, 10/02/2017 - 13:14

A small private Calgary company says it is selling a portion of future production to raise money to expand its oilsands project, a funding method gaining traction in a sector having difficulty attracting investors.

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Sears Canada to seek court approval for more time to close stores

cbc news - Mon, 10/02/2017 - 12:50

Sears Canada is planning another round of closures involving a total of 11 stores, including major locations in Toronto, Winnipeg and Montreal, if it gets approval from the court overseeing the retailer's restructuring.

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GM plans to add 20 new electric, fuel cell vehicles to lineup by 2023

cbc news - Mon, 10/02/2017 - 12:30

Detroit automaker General Motors Co. outlined plans on Monday to add 20 new battery electric and fuel cell vehicles to its global product lineup by 2023, financed by robust profits from sales of gasoline-fuelled trucks and sport utility vehicles in the United States and China.

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EU urges Spain to talk to Catalans, condemns violence

cbc news - Mon, 10/02/2017 - 11:44

The EU executive urged Spain to talk to Catalan separatists on Monday, condemning violence but also calling for unity, a day after Spanish police beat people trying to vote in an independence referendum in Catalonia.

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Facebook turning over thousands of Russia-linked ads to U.S. Congress

cbc news - Mon, 10/02/2017 - 09:33

Social media giant Facebook is expected to provide Congress on Monday with more than 3,000 ads that ran around the time of the 2016 presidential election and are linked to a Russian ad agency.

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Google to end 'first click free' policy on media sites

cbc news - Mon, 10/02/2017 - 09:06

Google is ending its so-called "first click free" policy, which required publishers and media to provide a limited amount of free content before readers could be subjected to a paywall.

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U.K. airline Monarch shuts down, stranding thousands of passengers

cbc news - Mon, 10/02/2017 - 08:22

Troubled British carrier Monarch Airlines has suspended flights after failing to resolve its financial woes, and British authorities have launched a major operation to bring home 110,000 stranded travellers.

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Metro, Jean Coutu formalize $4.5B deal to combine grocery, pharmacy chains

cbc news - Mon, 10/02/2017 - 07:15

Quebec-based Metro Inc. has formalized its takeover offer for Jean Coutu pharmacy group, which will operate as a separate division of the grocery company.

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First Nations, environmental groups to voice Trans Mountain pipeline opposition at hearings

cbc news - Sun, 10/01/2017 - 16:38

Several First Nations, municipalities and environmental groups that are opposed to the approval process of the Trans Mountain pipeline expansion in British Columbia will be arguing their position in the Federal Court of Appeal over the next two weeks.

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Big names want to join Montreal's tech scene, but Canada should nurture local talent, says AI pioneer

cbc news - Sun, 10/01/2017 - 12:51

Is Canada focusing enough on homegrown tech champions while it courts multinationals?

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'Terrified' 60-year-old woman told to pay up for illegally downloading porn

cbc news - Sun, 10/01/2017 - 05:00

“Threatening” copyright infringement notices asking for settlement fees are creating “consumer anxiety” and “could lead to abuses,” says a government report. But the government has not chosen to halt the practice.

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'Progress remains disappointing': Cami union on talks with GM

cbc news - Sat, 09/30/2017 - 14:24

The union representing striking workers at Cami Automotive in Ingersoll, Ont., says it's disappointed after a high-level meeting in Detroit with General Motors failed to break the deadlock.

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Sears closing Polo Park location in Winnipeg, 9 others across Canada

cbc news - Sat, 09/30/2017 - 14:04

Sears Canada is shutting the doors on another 10 locations across the country, including its store in Winnipeg's Polo Park shopping centre.

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Why Metro's 'inevitable' purchase of Jean Coutu took years to happen

cbc news - Sat, 09/30/2017 - 05:00

Grocery chain Metro is in exclusive discussions to take over pharmacy chain Jean Coutu, a corporate marriage that seemed destined to some experts years ago but the timing never quite worked until now.

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