Canada & World

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 labour costs

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 Canada

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

Transat warns of ‘abusive’ bid by Group Mach, files complaint with regulator

Transat is warning shareholders against an "abusive, coercive, misleading" move by Montreal real estate developer Group Mach to block the tour operator's sale to Air Canada

CRGroup finds its silver lining in the cloud

Merger with Quisitive means faster growth and need for new hires

Five Canadian business stories to watch this week

Air Canada, SNC-Lavalin and Enbridge will all report earnings this coming week in Canadian business

Amazon’s spending on quick delivery is squeezing its profits

Spending on next-day Prime delivery is 'a necessary strategy to compete with brick-and-mortar's speed advantage to the customer,' analyst says.

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