Skip to content

National Business

Caisse generated a 4.6-per-cent YTD return through June, but future outlook unclear

Caisse generated a 4.6-per-cent YTD return through June, but future outlook unclear

MONTREAL — The Caisse de dépôt et placement du Québec posted a return of 4.6 per cent in the first six months of the year, but its executives set the stage Tuesday for more uncertainty in the months ahead.
Spirit Airlines sounds the alarm on its future ability to stay in business

Spirit Airlines sounds the alarm on its future ability to stay in business

NEW YORK (AP) — Just five months after emerging from Chapter 11 bankruptcy protection, Spirit Airlines is warning about its future ability to stay in business.
Man thrown from vehicle in crash involving commuter train in Metro Vancouver

Man thrown from vehicle in crash involving commuter train in Metro Vancouver

The West Coast Express commuter rail service in Metro Vancouver was disrupted when a train collided with a pickup truck in Port Moody, B.C.
Do-it-yourself investors could get expanded supports under new proposal

Do-it-yourself investors could get expanded supports under new proposal

TORONTO — A new proposal could allow do-it-yourself investors to get more support from dealers currently restricted from doing so.
Court to hear appeal Cineplex's appeal of a $38.9 million fine in October

Court to hear appeal Cineplex's appeal of a $38.9 million fine in October

TORONTO — A court will hear Cineplex Inc.'s appeal of a record $38.9-million fine it is facing for deceptive marketing practices this fall.
Federal Liberals looking to provide 'certainty' to investors in fall budget

Federal Liberals looking to provide 'certainty' to investors in fall budget

OTTAWA — Major institutional investors are asking the federal government to give them a reason to invest more at home in the upcoming fall budget, say the Liberal MPs leading budget consultations across Canada.
Hudson's Bay changes name to Rupert Legacy after selling IP to Canadian Tire

Hudson's Bay changes name to Rupert Legacy after selling IP to Canadian Tire

TORONTO — The business running the defunct department store once known as Hudson's Bay has changed its name. The company and its subsidiaries now have various names beginning with Rupert Legacy.
CIBC making senior executive changes ahead of CEO change in November

CIBC making senior executive changes ahead of CEO change in November

TORONTO — CIBC is making changes to its senior executive ranks ahead of Harry Culham's move into the role of president and chief executive later this year.
US and China extend trade truce another 90 days, easing tension between world's largest economies

US and China extend trade truce another 90 days, easing tension between world's largest economies

WASHINGTON (AP) — President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies.
Australia's central bank cuts interest rate for third time this year to 3.6%

Australia's central bank cuts interest rate for third time this year to 3.6%

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling.