Walmart Canada scraps online pickup fee in latest shot across grocery bow
Walmart Canada is eliminating the pickup fee from its online grocery service as it braces for increasing competition in a business where profit margins are
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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.
New WestJet discount airline service not expected until next year
WestJet (TSX:WJA) says the launch of its new no-frills, low-cost airline won’t be until next summer after initially announcing plans it would start offering flights
‘Buy America’ policies to loom large as Canada gets ready for NAFTA talks
The United States wants to maintain – and even expand – the Buy America provisions that restrict government procurement to companies using materials from within
Digital ‘absolutely cannibalizing’ cash as stores, shoppers snub coins and bills
Over the next year and a half, Alan Bekerman plans to grow his Toronto healthy fast-food chain Iq Food Co. from five to up to
Five Canadian business stories to watch this week
The bottom line: It’s high earnings season this week, with a number of corporate heavyweights releasing their latest results. They include Air Canada, WestJet, Restaurant
Pearson airport ground crew workers reject offer, begin strike
About 700 ground crew workers at Canada’s busiest airport went on strike Thursday night after they rejected a contract offer from their employer. The members
Forbes: Amazon CEO Bezos was briefly the world’s richest man
Amazon CEO Jeff Bezos briefly became the world’s richest man Thursday in Forbes magazine’s tracking of wealth, as stock in his e-commerce company hit an
Facebook ads keep creeping into new apps as profit soars 71%
Scrolling through an ad-free Instagram is now a distant memory, much like the once ad-free Facebook itself. Soon, users of its Messenger app will begin
Nokia reports loss, warns of decline in networks industry
Nokia continued to be hit by a decline in its core networks sector in the second quarter with almost flat sales, and cautioned Thursday that
Multibillion-dollar B.C. Pacific Northwest LNG megaproject scrapped
Malaysian national energy giant Petronas and its partners scrapped the Pacific NorthWest LNG megaproject Tuesday, ending months of anticipation on the fate of what would
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