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
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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.
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
Five Canadian business stories to watch this week
Transat shareholders are scheduled to vote on Air Canada’s proposed acquisition in one of this week’s major Canadian business stories
Metro fast tracks adding tech to retail stores to boost productivity and profits
Metro Inc. will fast-track adding technology tools, including self-service checkouts and electronic shelf labels, to its stores in a transformation that will help to lower
Group Mach’s offer for 6.9 million Transat A.T. shares blocked by tribunal
Quebec’s securities tribunal has barred a developer’s offer to buy up Transat shares, halting Group Mach’s bid to block the tour operator’s sale to Air
Five Canadian business stories to watch this week
Earnings from Smiths Falls-based Canopy Growth are among the stories to watch this week in Canadian business
Canadian Tire buying 65 store Party City business for $174.4M cash
Canadian Tire Corp. is diversifying its store offerings with a move the national retailer expects to strengthen its connection with millennial customers
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