Transat shares surge after tour operator revises summer earnings outlook
Shares of Transat A.T. surged Monday to the highest level in nearly three years after the travel company signalled it’s having a significantly more profitable
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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.
Feds pushing for procurement to support female entrepreneurs
The Liberal government is thinking about using its massive purchasing power to support women in business. “Inclusive federal procurement is a potential avenue through which
Five Canadian business stories to watch this week
Inside the banks: Royal Bank will kick off the latest earnings season for the Big Five Canadian banks on Wednesday, followed by CIBC on Thursday.
Walmart says it has gained market share in Canada
Wal-Mart Stores Inc. says its Canadian stores gained market share against rivals during its fiscal second quarter. “We further improved our price position against competitors,
Demand eclipses supply for protective glasses for safe solar eclipse viewing
Ali Van Orman is still looking for specialized glasses to protect her family’s eyes during Monday’s solar eclipse because she never counted on demand totally
Resale homes should carry energy use label by 2019, environmental groups say
Listing your home for sale in Canada could soon mean you not only have to tell people how much it costs to buy it, but
CIBC to launch Simplii direct banking brand, integrate PC Financial accounts
The Canadian Imperial Bank of Commerce is taking over President’s Choice Financial bank accounts with a new online brand as it responds to the continuing
Metro looking at automation to help offset impact of higher Ontario minimum wage
Ontario’s third-largest grocery chain will accelerate its study of automation as it looks to cut costs to offset the provincial government’s plan to raise the
Sears Canada to create fund for laid off employees who received no severance
Lawyers representing workers at Sears Canada and the company have reached a deal to create a hardship fund for former employees who were denied severance
Ontario business groups increase pressure on province over minimum wage hike
The Ontario government’s plan for major labour reforms would have significant side effects that would put 185,000 jobs at risk, a coalition of business groups
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