Five Canadian business stories to watch this week
Climate confab: Federal Environment Minister Catherine McKenna has a busy week ahead. On Monday, she will be in Montreal alongside her Quebec counterpart to announce
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The Canadian Press
Air Canada frequent flyer program part of digitization push
Air Canada’s plans to develop its own frequent flyer program are one of several digitization initiatives the airline is pursuing to meet the varying needs
Update: BlackBerry shares fall despite Q1 profit; revenue lower than analysts expected
BlackBerry CEO John Chen defended his plan to grow the software business as its shares tumbled Friday after reporting revenue that fell short of expectations.
New cryptocurrencies gain momentum
The success of bitcoin has spurred the launch of hundreds of copycat digital payment systems looking to cash in on the popularity of the cryptocurrency.
Two Ottawa-area Sears stores to close as retailer shuts 59 locations across Canada
Sears Canada (TSX:SCC) said it plans to close 59 locations, including two in the National Capital Region, and cut about 2,900 jobs under a court-supervised
Subsidizing electric cars is inefficient and costly, report says
Provincial subsidies to encourage the use of electric vehicles are the most expensive, least effective way to help cut greenhouse gas emissions, the Montreal Economic
Retailer The Source revamps stores to avoid becoming ‘walking dead’ in consumer tech
The Source is staging a transformation to turn its stores into electronics playgrounds in an effort to boost sales as the consumer technology industry faces
Sears Canada shares plunge on report that it’s preparing to seek court protection
Sears Canada’s stock plunged more than 20 per cent Wednesday following a report that it’s preparing to seek court protection from creditors. The shares (TSX:SCC)
Bank of Canada’s ‘reimagined’ museum aims to make monetary policy fun
The Bank of Canada is embarking on a new mission with its soon-to-be-opened museum to show people just how much fun monetary policy can be.
Feds stick with July 2018 deadline to legalize pot despite provincial worries
The Trudeau government is sticking with its deadline to legalize recreational marijuana by July 2018, despite provincial fears that there’s not enough time to address
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