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Statistics Canada says the annual pace of inflation held steady in October as the consumer price index rose 1.9 per cent compared with a year ago, matching its moves in August and September. The result was also in line with Read more …
The Middle East’s biggest carrier, the Dubai-based Emirates, announced on Wednesday a firm order for 30 Boeing 787 Dreamliners in a deal valued at $8.8 billion US. The order, however, does not represent additional spending by Emirates because it replaces Read more …
Chinese e-commerce giant Alibaba Group raised up to $12.9 billion US in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale. The deal Read more …
Hardware store chain Lowe’s has announced a major restructuring that will shutter 34 of its stores across the country Wednesday. It is not known how many employees will be affected by the decision. Lowe’s currently owns 67 stores in Canada, Read more …
New rules effective Dec. 16 will come just in time so you can leave a cannabis-laced cookie or beverage out for Santa. But if the struggling Canadian pot business is looking forward to Cannabis 2.0 — as the availability of vaping products and edibles has been Read more …
Pressure is mounting on the federal government to reconvene Parliament ahead of schedule and put a stop to the CN Rail strike, as industry groups tally up potential losses resulting from the work stoppage and raise concerns about the harm Read more …
The head of the new organization tasked with replacing Tarion says he plans to take the auditor general’s scathing criticism into account as he overhauls the province’s home-building industry, but critics still have their doubts anything will change. Tarion, an arms-length Read more …
The Toronto Star is shutting down its StarMetro commuter newspapers across Canada. The final print editions in Vancouver, Edmonton, Calgary, Toronto and Halifax will be published Dec. 20, a spokesperson for Torstar Corp., the parent company of both newspaper brands, told Read more …
Autonomous vehicles will be on some Hamilton Mountain roads next year under a test program endorsed by councillors Monday. The program will use some streets on the south Mountain as testing areas to see how technology used for autonomous cars can be integrated Read more …
Ongoing court challenges and taller regulatory hurdles that are delaying or preventing new energy pipelines mean TC Energy Corp. will focus its growth on organic expansions going forward, CEO Russ Girling said Tuesday. The growing opposition to carbon-based fuels, however, Read more …