$4.5B plan to purchase Trans Mountain won’t keep feds in pipeline business: Morneau
The federal Liberal government has no plans to drag Canada permanently into the pipeline business, Finance Minister Bill Morneau said Tuesday as he unveiled a
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Ottawa-Centre among ridings rife with uncertainty as election looms closer
Yasir Naqvi is running for re-election in what’s widely considered a Liberal safe seat, but he says he’s never seen so much uncertainty among voters
Trudeau nixes idea of single tax return for Quebecers
Prime Minister Justin Trudeau is nixing the idea of Quebecers filing one tax return that would be administered by the province. Trudeau says it is
BMO and CIBC’s Simplii warn fraudsters may have accessed clients’ data
Two of Canada’s biggest banks warned Monday that “fraudsters” may have accessed certain personal and financial information of up to 90,000 customers. The Bank of
WestJet, pilots union avert strike by agreeing to settlement process
The president and CEO of WestJet says the threat of a strike by its pilots is over. Ed Sims said the Calgary-based airline and the
Five Canadian business stories to watch this week
Parade of bank earnings continues Three more of Canada’s big banks report second-quarter earnings: Scotiabank comes out on Tuesday followed by Bank of Montreal and
Aecon deal nixed over fears about Chinese access to data on key infrastructure
The federal government rejected the Chinese takeover of a Toronto-based construction firm on national security grounds because it would have given Beijing access to a
Canada blocks Aecon takeover by Chinese state-owned firm over national security
The federal government has blocked the proposed $1.5-billion takeover of Aecon Group Inc. by a Chinese state-owned company for reasons of national security. After markets
Feds spending millions of dollars on Facebook ads, boosted posts
The government of Canada has been increasing its use of paid Facebook advertisements over the last three years, spending tens of millions of dollars on
CIBC’s net income up nearly 25%
CIBC reported better-than-expected results for its second quarter with a nearly 25 per cent increase in net income compared with a year ago. The lender
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