Category Archives: Business

Air Canada ground staff reject contract deal

Air Canada’s baggage handlers, ground crews and maintenance workers rejected a tentative deal signed earlier this month with Canada’s biggest airline, shortly after its dispatchers ratified a new contract.

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Online surveillance bill setup costs estimated at $80M

It’s going to cost at least $80 million to implement the government’s lawful access bill to force internet and telecommunications service providers to collect customer information in case police need it for an investigation, CBC News has learned.

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Canada Goose sues competitor over alleged replicas

Canadian outerwear manufacturer Canada Goose Inc. is suing a competitor for trademark infringement, accusing it of making shoddy replicas of the distinctive Canada Goose parkas.

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Cash preferred over debit, bank survey finds

In the age of debit and credit cards, Canadians still love cash. That’s the conclusion of an unusual survey by the Bank of Canada which talked to about 6,800 Canadians, including half who were asked to record their purchases over a three-day period.

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Cash preferred over debit, bank survey finds

In the age of debit and credit cards, Canadians still love cash. That’s the conclusion of an unusual survey by the Bank of Canada which talked to about 6,800 Canadians, including half who were asked to record their purchases over a three-day period.

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Greece secures $170B bailout, diplomat says

The countries that use the euro have agreed to hand Greece €130 billion ($170 billion) in additional bailout loans, according to an EU diplomat, in the hopes of staving off a default.

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Greece secures $170B bailout, diplomat says

The countries that use the euro have agreed to hand Greece €130 billion ($170 billion) in additional bailout loans, according to an EU diplomat, in the hopes of staving off a default.

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Americans brace for higher summer gas prices

U.S. gasoline prices have increased by 25 cents since the start of the year. And experts say they could reach a record $4.25 a gallon by late April.

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Americans brace for higher summer gas prices

U.S. gasoline prices have increased by 25 cents since the start of the year. And experts say they could reach a record $4.25 a gallon by late April.

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BMO buys 20% of Chinese financial firm COFCO

The Bank of Montreal says it has a definitive agreement to acquire a 19.99 per cent interest in China’s COFCO Trust Co. for an undisclosed price.

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BMO buys 20% of Chinese financial firm COFCO

The Bank of Montreal says it has a definitive agreement to acquire a 19.99 per cent interest in China’s COFCO Trust Co. for an undisclosed price.

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Travel abroad hits highest level since 1994

Canadians made 5.1 million trips in December, up 1.5 per cent

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Travel abroad hits highest level since 1994

Canadians made 5.1 million trips in December, up 1.5 per cent

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Toronto auto show cranks up new concepts

The Canadian International Auto Show features some of the most advanced automotive technology in the world, ranging from the latest electric minicars to a 16-cylinder Bugatti Veyron with about 1,000 horsepower and a potential speed of more than 400 km/h.

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Facebook hacker gets jail time in U.K.

A British student who stole sensitive information from Facebook’s internal network was sentenced to eight months in prison Friday.

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Apple’s largest Chinese supplier to raise wages

Apple’s largest supplier, the FoxConn Technology group, has announced Friday it will raise wages by 16 to 25 per cent after criticism over its labour practices.

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Merkel confident of Greek bailout deal

Greece’s hopes to finally get its bailout and dodge default next month were boosted Friday, when key European leaders, including German Chancellor Angela Merkel, sounded confident a deal could be agreed.

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Inflation in January hits 2.5% on high gas prices

Statistics Canada says rising gasoline prices sent the country’s annual inflation rate to 2.5 per cent in January, an increase of 0.2 percentage points over December.

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CN Rail to invest $1.75B in 2012

Canadian National Railway Co. plans to increase its 2012 spending to $1.75B, to maintain and upgrade its rail network and fund growth and productivity initiatives.

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Employment insurance claimants rise in December

Statistics Canada says the number of people receiving regular employment insurance benefits edged up by 4,200, or 0.8 per cent, to 544,700 in December.

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