
Shooting up like a rocket, Alberta’s sky-high debt is soaring past the $100-billion mark with the glaring admission there is no plan to restore balance to the books. In fact, the province’s debtload could surpass $130 billion in the next Read more …
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Shooting up like a rocket, Alberta’s sky-high debt is soaring past the $100-billion mark with the glaring admission there is no plan to restore balance to the books. In fact, the province’s debtload could surpass $130 billion in the next Read more …
Imperial Oil Ltd. is cutting one billion barrels from its inventory of oilsands bitumen following a year marked by low oil prices and budget cutting amid the COVID-19 pandemic and a global price war between major oil producers. In a Read more …
Canada should move quickly on legislation to make Facebook and Google pay for news content, because it was only when Australia began taking action that the digital giants responded with deals, says the head of the association representing the Canadian news Read more …
After news coverage of butter becoming harder to melt, possibly due to palm oil additives in cattle feed, the Dairy Farmers of Canada association is recommending that producers stop the practice for the time being. Gordon MacBeath, a member of Read more …
Toronto-Dominion Bank and Canadian Imperial Bank of Commerce closed out quarterly results reporting on Thursday, joining major rivals in beating expectations, thanks to much lower provisions for loan losses and trading strength even as their retail businesses posted muted growth Read more …
In the municipality of Lac-Sainte-Marie, Que., about an hour’s drive north of Ottawa, one of the easiest ways to rile up local residents is to ask them about their internet connection. Whether it’s through wireless service, satellite providers or copper Read more …
Alberta says public consultations on its plans to expand coal-mining will begin March 29 but there’s no decision yet on how they will go ahead. “I have directed my department officials to bring forward a comprehensive consultation plan that is Read more …
The Estee Lauder Cos Inc. has struck a deal to buy Canadian skincare company Deciem Beauty Group Inc. at a valuation of US $2.2 billion. The agreement will see Estee Lauder purchase the Toronto-based company behind the popular skin care brand The Ordinary in Read more …
It is time for Jeep to stop using the Cherokee Nation’s name on its Cherokee and Grand Cherokee SUVs, the chief of the Oklahoma-based tribe said. Chief Chuck Hoskin, Jr. said in a statement first reported by Car & Driver Read more …
Canada’s biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19. John Aiken, head of research (Canada) at Barclays, says Read more …