Skip to content

National Business

Personal and household goods help boost December wholesale sales: Statistics Canada

Personal and household goods help boost December wholesale sales: Statistics Canada

OTTAWA — Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain rose 0.3 per cent to $82.9 billion in December.
Mithaq lets Aimia takeover offer expire after not enough shares tendered

Mithaq lets Aimia takeover offer expire after not enough shares tendered

TORONTO — Mithaq Capital SPC says it's dropping its hostile takeover offer for Aimia Inc. after not enough shares were tendered before the bid expired on Thursday.
Beyond the shelf: How grocers decide what gets donated and what gets dumped

Beyond the shelf: How grocers decide what gets donated and what gets dumped

TORONTO — On a cool-but-sunny February day in Toronto’s west end, a temperature-controlled truck pulls up at the rear of a Metro grocery store, where pallets of food about to reach their sell-by date sit waiting.
WestJet CEO apologizes for accessibility failures, defends airline's record

WestJet CEO apologizes for accessibility failures, defends airline's record

WestJet chief executive Alexis von Hoensbroech apologized for incidents where the airline failed to accommodate people living with disabilities, saying he hopes to improve travel accessibility.
Rogers urges CRTC to prioritize costs of companies that build internet networks

Rogers urges CRTC to prioritize costs of companies that build internet networks

Rogers Communications Inc. says the telecom regulator should phase out its current approach to wholesale network access, which requires smaller internet companies to pay a set rate to larger ones to use their networks and then sell to Canadians.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,222.69, up 333.29 points): Enbridge Inc. (TSX:ENB). Energy. Up 67 cents, or 1.48 per cent, to $45.81 on 13.4 million shares.
Warm weather, cautious consumer spending lead to 68% drop in Canadian Tire profit

Warm weather, cautious consumer spending lead to 68% drop in Canadian Tire profit

TORONTO — Canadian Tire Corp. Ltd. saw its profit drop about 68 per cent in the key holiday shopping quarter as a tougher economic environment and an unseasonably warm winter put a damper on consumer spending.
Cenovus reports second-highest quarterly production ever, driven by oilsands

Cenovus reports second-highest quarterly production ever, driven by oilsands

CALGARY — Cenovus Energy Inc. is the latest Canadian oilsands company to report surging production levels just in time for the anticipated startup of the Trans Mountain pipeline expansion.
Newfoundland and Labrador says Vrbo apologized for ad featuring beloved folk song

Newfoundland and Labrador says Vrbo apologized for ad featuring beloved folk song

ST. JOHN'S, N.L. — The Newfoundland and Labrador government says vacation rental company Vrbo has apologized for an advertisement that prompted a call from the premier for it to be pulled.
Markets continue recovery from mid-week selloff as S&P 500 notches new all-time high

Markets continue recovery from mid-week selloff as S&P 500 notches new all-time high

TORONTO — Canada's main stock index gained 1.6 per cent on Thursday, led by strong gains in the energy sector, while U.S. markets also rose, with the S&P 500 notching a new all-time high. The S&P/TSX composite index closed up 333.