Business

Tesla to build factory in Germany after subsidies announced

November 13, 2019

BERLIN — Germany on Wednesday hailed Tesla’s decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers ...

Manulife and TTC reach deal to settle Healthy Fit benefits fraud case

November 13, 2019

TORONTO — Manulife Financial Corp. says it has reached a settlement with the Toronto Transit Commission related to the Healthy Fit benefits fraud case. Terms of the agreement...

Bell, big cable networks ask government to overrule CRTC on wholesale rates

November 13, 2019

TORONTO — Canada's largest telecommunications companies formally asked the federal cabinet on Wednesday to overturn a regulatory decision that slashes what they can charge ...

Kenney vows to fight for oilpatch as drillers forecast almost no growth in 2020

November 13, 2019

CALGARY — Premier Jason Kenney vowed Wednesday to keep fighting for Alberta's slumping oil and gas sector as the industry unveiled another disappointing drilling forecast ...

Glencore to close Brunswick Lead Smelter in Belledune, N.B., 420 jobs lost

November 13, 2019

BELLEDUNE, N.B. — Glencore Canada Corp. has announced the permanent closure of the Brunswick Lead Smelter in Belledune, N.B., resulting in the loss of 420 jobs.The town's ...

CAE Inc. building unordered simulators in anticipation for pent-up Max demand

November 13, 2019

CAE Inc. has been building unordered pilot training simulators for the grounded Boeing 737 Max aircraft in anticipation of pent-up demand once the commercial aircraft is ...

Canada Goose sees Asia revenue soar despite Hong Kong tensions

November 13, 2019

Shares of Canada Goose Holdings Inc. sank even though it beat expectations as revenue grow more than 25 per cent in its most recent quarter partly as a result of a jump in ...

Home Capital shares up as Q3 earnings rise, mortgage originations up

November 13, 2019

TORONTO — Home Capital Group Inc. shares surged Wednesday after the company announced better-than-expected earnings and a share buyback program.The alternative lender's ...

Loblaw Companies reports $331M Q3 profit, revenue up 2.3 per cent

November 13, 2019

Loblaw Companies Ltd. saw traffic to its grocery stores drop in its most recent quarter, and the retailer lowered prices and took other measures to win over customers in an ...

Home-decor chain Bouclair to be acquired by investor group, including current CEO

November 12, 2019

MONTREAL — Bouclair Inc. says it plans to file for bankruptcy as part of a plan to be acquired by a new investor group that includes its chief executive.The Montreal-based ...

Boeing orders, deliveries continue to sag with Max grounding

November 12, 2019

Orders and deliveries of new Boeing planes remain depressed eight months into the grounding of the company's 737 Max, leaving Boeing far behind Airbus, its chief ...

Martinrea International earnings up 28 per cent in Q3 despite GM strike

November 12, 2019

VAUGHAN, Ont. — Martinrea International Inc. says earnings rose 28 per cent in the third quarter despite some impact from the GM strike, but that delayed vehicle programs has...

From Netflix to Disney: How subscription streaming platforms shape up in Canada

November 12, 2019

However you watch television, you're probably ...

Rona's 'truly Canadian,' 'proudly Canadian' signs inaccurate, Ad Standards says

November 12, 2019

TORONTO — Ad Standards says Rona Inc.'s "truly ...

Scandal-hit Nissan's profits crash amid lower global sales

November 12, 2019

TOKYO — Japanese automaker Nissan reported ...

See More Local Sports

Local players key contributors to victory at international lacrosse tournament

October 29, 2019

Jacob Danyluk of Canora, Toby Olynyk of Buchanan, and Shae Peterson of Sturgis were members of a team that attended a lacrosse tournament in Minneapolis, Minnesota on ...

See More Opinion

Exit poll shows half of Canadian voters support changing federal electoral system

October 31, 2019

The jokes and memes that have invaded social media following the Canadian federal election have included a bit of everything. For every disenchanted Conservative Party ...