‘We’re quite frustrated:’ Red tape threatens growing Arctic space industry
Years of federal bureaucratic delay may cost the North millions of dollars in investment in an emerging high-tech industry. A Norwegian company has been waiting
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The Canadian Press
Five Canadian business stories to watch this week
Cleared to strike? WestJet discusses first-quarter results on Tuesday. The Calgary-based airline agreed in late April to 14 straight days of negotiations with its pilots
Canada Post Group reports 2017 profit up as parcel business swells
The Canada Post Group of Companies reported a profit of $144 million for 2017, up from $81 million in 2016, as its parcel business grew
Pot plan proceeding apace, Trudeau insists, despite calls for delay
Prime Minister Justin Trudeau isn’t backing down from his government’s much-maligned timeline for legalizing marijuana, despite a growing chorus of calls from senators, Indigenous leaders
Loblaw expanding online grocery business across the country
Canada’s largest grocer plans to “blanket the country” with online grocery services this year. Loblaw Companies Ltd., which launched home delivery services in its first
Molson Coors widely misses expectations
Molson Coors Brewing Co. had its worst trading day in more than a decade after the company widely missed expectations largely due to weakness in
Mulling next rate hike, central bank says Canadians owe $2 trillion
Canadians have amassed a $2-trillion mountain of household debt that’s casting a big shadow over the timing of the Bank of Canada’s next interest rate
Canadian economy grew 0.4% in February, fuelled by resource industry
The Canadian economy, which contracted to start the year, bounced back in February, led by gains in the mining and oil and gas extraction sector.
No relief in sight as Canadian gasoline price hits four-year high
Canadians celebrating the onset of summer driving season have been dismayed by another spring phenomenon – rising gasoline prices across the country. According to GasBuddy.com,
Hotels urge government to force Airbnb to pay up
Canada’s hotels are asking the federal Liberal government to take a heavier hand with online rental services like Airbnb and force the platforms to collect
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