Canadian Tire buying 65 store Party City business for $174.4M cash
Canadian Tire Corp. is diversifying its store offerings with a move the national retailer expects to strengthen its connection with millennial customers
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Transat warns of ‘abusive’ bid by Group Mach, files complaint with regulator
Transat is warning shareholders against an “abusive, coercive, misleading” move by Montreal real estate developer Group Mach to block the tour operator’s sale to Air
Update: Shopify to accelerate fulfilment rollout on strong demand, shares up on results
Shopify Inc. shares are on the rise as gains in subscriber revenue powered strong second-quarter results that blew past analysts’ expectations
Five Canadian business stories to watch this week
Air Canada, SNC-Lavalin and Enbridge will all report earnings this coming week in Canadian business
Tweed co-founder Chuck Rifici’s cannabis firm Auxly lands $123M from tobacco giant
The additional capital will fuel Auxly’s plans to roll out next-generation cannabis products, such as vaporizers, when legalized in Canada later this year
Loblaw’s ‘overzealous’ algorithm use sees sluggish same-store sales growth
Algorithms focused on profitability and increased margins decreased the emphasis on promotions to bring customers into the stores.
Quebec has no plans to offer struggling SNC-Lavalin a bailout: Minister
Quebec Economy Minister Pierre Fitzgibbon said Wednesday the province will not offer financial help to SNC-Lavalin Group Inc. in spite of the construction giant’s woes
Feds invest $85M in Ottawa-based Telesat’s low Earth orbit satellite tech
The federal government is investing $85 million into a local company’s advanced satellite technology designed to expand access to affordable, high-speed internet across Canada’s rural
Parks Canada unveils plans to store historical artifacts in new Gatineau storage facility
Many of the country’s priceless historical artifacts – and millions of other assorted bits – will be getting a new home in the National Capital
Feds officially launch contract to supply 88 new fighter jets
Canada is officially asking four companies to send in their bids to supply a new fleet of fighter jets for the Royal Canadian Air Force
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