Skip to content
19.4 °Cforecast >
Sunny

National Business

Statistics Canada reports wholesale sales up 0.1 per cent in April

Statistics Canada reports wholesale sales up 0.1 per cent in April

OTTAWA — Statistics Canada says wholesale sales gained 0.1 per cent to $63.1 billion in April.
Brookfield bids for Aussie retirement community company Gateway Lifestyle

Brookfield bids for Aussie retirement community company Gateway Lifestyle

TORONTO — Brookfield Property Group has made a non-binding takeover offer for Gateway Lifestyle worth the equivalent of C$686 million, topping a rival bid for the Australian firm last week. The arm of Brookfield Asset Management Inc.

Days after buying Time Warner, AT&T launches new TV service

NEW YORK — AT&T is launching a new streaming service incorporating television networks from the Time Warner company it just bought.
Norwegian Air to launch Canadian service this fall to Caribbean, Dublin in March

Norwegian Air to launch Canadian service this fall to Caribbean, Dublin in March

MONTREAL — One of the world's fastest-growing airlines is spreading its wings to Canada this fall as Norwegian Air Shuttle ASA enters the country's increasingly crowded travel market.
Airlines ask US not to put migrant children on flights

Airlines ask US not to put migrant children on flights

DALLAS — American Airlines and United Airlines said Wednesday that they asked the Trump administration not to use their flights to carry migrant children who were separated from their parents by immigration authorities.
Tim Hortons to upgrade distribution system and open new warehouses

Tim Hortons to upgrade distribution system and open new warehouses

TORONTO — Tim Hortons will spend $100 million to revamp its distribution system and open two new Canadian warehouses, months after some franchisees were angered when supply deliveries from the company were delayed because of software upgrades.

CBC ending 'On The Money' business program due to budget constraints

TORONTO — CBC says it's cancelling its afternoon business program "On The Money" due to budget constraints as it focuses resources on digital platforms.
Delta first to fly new CRJ900 cabins with order for 20 Bombardier regional jets

Delta first to fly new CRJ900 cabins with order for 20 Bombardier regional jets

MONTREAL — Bombardier's stock price hit a nearly five-year high Wednesday following news it had signed a regional aircraft deal with Delta Air Lines Inc. The Montreal-based manufacturer's shares closed at $5.33, up 28 cents or 5.
Toronto stock index closes at record high on broad gains, loonie down

Toronto stock index closes at record high on broad gains, loonie down

A broad-based rally pushed Canada's main stock index to close at a record high Wednesday, while the loonie dipped and U.S. markets were mixed. The S&P/TSX composite index closed up 104.42 points at 16,420.
Nexen Energy announces $400-million expansion of its oilsands project in Alberta

Nexen Energy announces $400-million expansion of its oilsands project in Alberta

CALGARY — Nexen Energy says it will spend about $400 million to build a 26,000-barrel-per-day expansion of its Long Lake oilsands project in northern Alberta. The company, which was purchased by Chinese state-owned China National Offshore Oil Co.