Telus postpaid wireless subscribers up 9%, but lower than Big Three rivals
Telus Corp. joined the club of Canadian wireless providers that posted stronger subscriber growth in the first quarter, although its additions paled in comparison to
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
OMERS buying recruiting firm Alexander Mann Solutions in deal valued at $1.4B
Pension fund manager OMERS says it has signed an agreement to acquire British-based recruiting firm Alexander Mann Solutions in a deal valued at about $1.4
Central bank raises key metric used to determine mortgage eligibility
The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests
Canadian Tire signs deal to buy Helly Hansen for $985 million plus debt
Canadian Tire Corp. Ltd. has signed a deal to buy Helly Hansen, a maker of sportswear and workwear based in Norway, for $985 million. Under
Pilots picket WestJet annual meeting as profit streak threatened by strike
The CEO of WestJet Airlines Ltd. warned Tuesday a potential strike could end its 13-year streak of quarterly profits as about 150 picketing pilots in
Fintech TransferWise to launch borderless debit card in Canada in 2019
European financial technology company TransferWise is planning a Canadian launch next year for its borderless debit card, which allows users to hold balances in multiple currencies and
Via Rail carries 4.4M passengers in 2017, largest growth in a decade
Via Rail had its best performance in a decade during Canada’s sesquicentennial year, increasing its ridership by more than 10 per cent to 4.4 million
‘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
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
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