Corus shares soar after it reports $40M Q2 profit, beats expectations
Shares of Corus Entertainment Inc. soared in trading Thursday after the company beat expectations as it reported a second-quarter profit of $40 million. The shares
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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.
Carbon tax revenue could go straight to Ontario residents: McKenna
The federal government could give revenues from a federally imposed carbon tax directly back to Ontario residents instead of the provincial government if whoever is
New Chinese tariffs will force Canada to defend against U.S. competition: industry groups
New Chinese retaliatory tariffs on U.S. goods will cause global disruptions and force Canadians to defend their markets against heightened American competition, say soybean, meat
China raises tariffs on U.S. goods by $50B as trade dispute escalates
China on Wednesday issued a $50 billion list of U.S. goods including soybeans and aircraft for possible tariff hikes in an escalating technology dispute with
Spotify wins more fans in Wall Street debut as stock surges
Spotify picked up more fans on Wall Street on Tuesday as investors gave the unprofitable company a warm welcome in its stock market debut. After
Ontario limits use of New York iron to push back against Buy American law
The Ontario government is pushing back against New York State’s Buy American law by limiting public sector procurement with suppliers in that state. A new
Transcontinental dives deeper into packaging with US$1.3B acquisition
Transcontinental Inc. is taking a big leap in its strategic shift towards flexible packaging with the company’s largest ever deal that would diminish the role
Canadian wireless providers stay mum as U.S. firms announce 5G launch dates
U.S. wireless providers are trumpeting the virtues of their soon-to-be-unveiled 5G networks, but in Canada, the Big Three telecoms are sitting back and staying mum.
Five Canadian business stories to watch this week
State of the relationship U.S. Ambassador to Canada Kelly Craft delivers a speech on “Future Directions for the Canada/U.S. Alliance” in Toronto on Monday. Craft
Global tourism predicted to slow after best year ever
The travel and tourism sector is set for a modest slowdown in 2018 as a result of higher oil prices and airfares, a year after
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