Five Canadian business stories to watch this week
ABCs – Anger, Bombardier, Compensation: There could be fireworks at Bombardier’s annual meeting Thursday in Montreal. A month ago, following public uproar, the company delayed
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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.
Ontario prepared to lower corporate taxes if necessary: Minister
The Ontario government says it is prepared to lower corporate taxes, if necessary, in order to keep the province competitive with the U.S. Economic Development
Air Canada posts $37 million loss in first quarter as operating costs rise
Air Canada (TSX:AC) says a 16 per cent increase in operating costs due to higher fuel prices and other items has resulted in a $37-million
Loblaw CEO Galen Weston says company is watching marijuana legislation
The CEO and chairman of Loblaw Companies says he hasn’t ruled out the possibility of selling recreational marijuana, a slight shift in position for Canada’s
Canadian workforce seeing baby boomer boon, but lacks young talent: Statistics Canada
After nearly four decades in the workforce, 64-year-old Louise Plouffe is looking ahead to retirement. But Tristan Plummer, 23, is looking for work. Plouffe and
Two-thirds of electricity in Canada now comes from renewable energy
The National Energy Board says two-thirds of Canada’s electricity supply now comes from renewable sources such as hydro, wind power and solar energy. The board
Canada to see some ‘modest’ gains from trade deal with Europe: budget watchdog
Canada’s free-trade pact with Europe is poised to produce “modest” economic gains that work out to an average annual income boost of $220 per Canadian,
Valeant shareholders vent frustrations at drugmaker’s annual meeting
Shareholders in Valeant Pharmaceuticals (TSX:VRX) used the company’s annual general meeting Tuesday as a forum to vent their gripes with the struggling drugmaker. Some stockholders
WestJet orders longer range Boeings, expanding reach to new markets
WestJet Airlines Ltd. has placed a firm order for 10 Boeing Dreamliners, which will have the range and fuel efficiency to serve new destinations in
US probes GM headlight failures, may add vehicles to recall
The U.S. government is investigating whether General Motors should add about 312,000 vehicles to a 2015 recall for headlights that can suddenly go dark. The
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