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Business
Budget speech from Finance Minister Bill Morneau
OTTAWA – Text of the budget speech delivered Tuesday by Finance Minister Bill Morneau: Mr.…
Unifor calls on Compass to halt layoffs at Goderich mine ahead of talks
GODERICH, Ont. – Unifor is calling on Compass Minerals to pause job cuts at its…
North American markets down after Fed comments, Canadian dollar weakens
TORONTO – Canada’s main stock index dropped moderately while U.S. stocks fell sharply after the…
Scotiabank, BMO Q1 earnings beat expectations on international lift
TORONTO – International growth continues to be a boon for Canadian lenders as Bank of…
Federal budget on same page as B.C. on issues of equity, reconciliation, opioids
VICTORIA – British Columbia’s finance minister says she’s pleased with the direction of the federal…
MEC evaluating how to respond to pressure to drop brands linked to gun maker
VANCOUVER – Mountain Equipment Co-op says it is evaluating different courses of action amid continued…
Canada’s commercial real estate market sets another record in 2017: report
TORONTO – The Canadian commercial real estate market set another record for investments in 2017…
Feds tighten tax rules for small businesses and passive income in budget
OTTAWA – The Liberal government moved to tighten the tax rules for small businesses in…
Torstar’s strong Q4 cash flow will help fund transformation of business: CEO
TORONTO – Torstar Corp. will be able to invest in transforming its business thanks to…
Maricann’s $70M financing in limbo, directors resign amid OSC investigation
TORONTO – Medical cannabis company Maricann Group Inc.’s chairman and a board director have stepped…
Spotify’s music service seeks to drum up $1 billion in IPO
SAN FRANCISCO – Music-streaming pioneer Spotify is hoping to attract a new crowd of fans…
Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock…
Oil and gas spending drop linked to competitiveness gap with the United States
CALGARY – Canada’s competitive disadvantage with the United States is being reflected in lower spending…
Research firm touts Newfoundland and Labrador seaweed as cancer inhibitor
ST. JOHN’S, N.L. – A cancer researcher says he’s cautiously optimistic about an East Coast…
Energy stocks weigh on Toronto market amid lower oil price, Wall St. slumps
TORONTO – Canada’s main stock index nose dived Wednesday as oil and gas company stocks…
Budget lays foundation for pharmacare, avoids taxes on pot-based drugs
OTTAWA – The federal Liberals will ask a group of advisers, led by Ontario’s former…
Cabinet OK’s elimination of minimum finance test for public auto insurer: Eby
VICTORIA – The minister responsible for British Columbia’s financially challenged public auto insurer says the…
Walmart sets age of 21 to buy firearms, ammunition
NEW YORK – Walmart announced Wednesday that it will no longer sell firearms and ammunition…
Self-employed workers can get tax surprise if they’re not prepared
MONTREAL – The growth of the gig economy is making it easier for Canadians to…
US construction spending flat as commercial building falls
WASHINGTON – Spending on U.S. construction projects was unchanged in January, held back by a…
Husky Energy restores cash dividend on higher oil prices and cost cuts
CALGARY – Husky Energy Inc. has restored its dividend as higher oil prices and a…
US factories expand at strongest rate in almost 14 years
WASHINGTON – American manufacturers said they expanded in February at the fastest pace in nearly…
Early morning blaze destroys lobster processing plant in New Brunswick
DEER ISLAND, N.B. – Fire has destroyed a major lobster processing plant on Deer Island…
Hack of German government network caused considerable damage
BERLIN – A cyberattack on German government computer systems thought to have been committed by…