Five Canadian business stories to watch this week
The latest housing starts figures and earnings from retailers Roots and Hudson’s Bay Co. are due out this week
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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.
WestJet scrubs 737 Max from busy winter holiday schedule, affecting thousands
WestJet Airlines Ltd. is removing its grounded Boeing 737 Max jets from its schedule until at least Jan. 5, affecting thousands of passengers with travel
Bank of Canada holds interest rate as it takes stock of trade war impacts
The Bank of Canada is holding steady on interest rates as it gauges the extent of the damage that deepening trade conflicts have had on
Air Canada files challenge with federal regulator over Onex’s WestJet takeover
Canada’s biggest airline argues the $3.5-billion takeover would breach federal rules that limit foreign ownership of carriers
CRTC launches review of cellphone financing to probe fees by telecoms
Canada’s telecom watchdog has launched a review of new cellphone financing plans to ensure they comply with an industry code of conduct
Air Canada-Transat deal clears latest hurdle after winning Quebec court approval
Air Canada says the Superior Court of Quebec has granted a final order approving the takeover following approval by shareholders last week
Marriott banning little shampoo bottles by 2020
It could be lights out for tiny toiletries. Marriott International, the world’s largest hotel chain, said Wednesday it will eliminate small plastic bottles of shampoo, conditioner and
Hudson’s Bay Co. signs deal to sell Lord and Taylor banner to Le Tote
Hudson’s Bay Co. announced a deal Wednesday to sell its Lord and Taylor banner to Le Tote, a clothing subscription and rental business. Under the
Five Canadian business stories to watch this week
Earnings from some of Canada’s biggest banks are due out this coming week
Transat shareholders approve Air Canada takeover, deal now in regulators’ hands
The fate of Air Canada’s $720-million takeover bid for Transat A.T. Inc. rests with regulators after shareholders overwhelmingly approved the acquisition offer Friday
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