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Business
‘Infinity War’ record opening revised to $257.7M
NEW YORK – “Avengers: Infinity War” was even bigger than previously estimated. The Walt Disney…
On tax deadline day, hotels urge government to force Airbnb to pay up
OTTAWA – Canada’s hotels are asking the federal Liberal government to take a heavier hand…
Cara Operations Ltd. announces Frank Hennessey will be new CEO
VAUGHAN, Ont. – Cara Operations Ltd. says Frank Hennessey will be the restaurant company’s new…
CIBC will raise 5-year fixed-rate mortgage rate by 15 basis points on Tuesday
TORONTO – The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate…
California shop cranks classical music to dissuade loitering
MODESTO, Calif. – A 7-Eleven in California has found a way to keep people from…
Hydro One to review executive pay; Liberals to vote against compensation changes
TORONTO – Hydro One says it is reviewing its executive compensation arrangements at the urging…
U.S. delays tariffs again: Steel, aluminum levies paused another month to June 1
WASHINGTON – The United States has delayed the imposition of steel and aluminum tariffs for…
TVA Group signs deal to acquire Serdy Media and Serdy Video for $24M
MONTREAL – TVA Group Inc. says it has signed a deal to acquire Serdy Media…
PM sells Trans Mountain pipeline as Amazon announces expansion in Vancouver
VANCOUVER – Prime Minister Justin Trudeau promoted the expansion of retail giant Amazon’s technology hub…
Shopify reports Q1 loss, revenue up 68 per cent compared with a year ago
OTTAWA – Shopify Inc. says it lost US$15.9 million in its latest quarter as its…
BMO to acquire NY-based KGS-Alpha Capital Markets for undisclosed amount
TORONTO – The Bank of Montreal is set to acquire New York-based KGS-Alpha Capital Markets…
Statistics Canada says economy grew 0.4% in February, boosted by resource sector
OTTAWA – The Canadian economy, which contracted to start the year, bounced back in February,…
Doug Ford says he would open up Greenbelt for some development
TORONTO – Doug Ford said Monday he would allow some development in the Greenbelt —…
Encana vows to grow production after Q1 output and income miss expectations
CALGARY – The chief executive of Encana Corp. says the company will ramp up output…
514-BILLETS dinged for unsolicited texts, to pay $10 coupons to clients: CRTC
GATINEAU, Que. – Owners of Quebec-based ticket reseller 514-BILLETS have agreed to offer $10 rebate…
Ford reverses course on Greenbelt development, says he’ll maintain protected area
TORONTO – Doug Ford is reversing a plan to open a large protected green space…
Van attack victims have wider range of recourse options: insurance lawyers
TORONTO – The people affected by a deadly van attack in Toronto have a wide…
Bains to tell business: it’s your turn to boost diversity, and the bottom line
OTTAWA – The Liberal government has done its part with measures to bolster diversity on…
Ford reverses course on Greenbelt development, says he’ll maintain protected area
TORONTO – Public backlash prompted Doug Ford to backtrack Tuesday on an election promise to…
Apple’s tax break yields $102 billion boon for shareholders
SAN JOSE, Calif. – Apple’s tax break on its overseas profits is turning into a…
Aurora completes acquisition of CanniMed
VANCOUVER – Aurora Cannabis Inc. says it’s completed its acquisition of CanniMed Therapeutics Inc. The…
EPA security chief, Superfund head leave amid ethics probes
WASHINGTON – The two top officials in charge of security and toxic-waste cleanups at the…
Poloz says Canadians owe $2 trillion as central bank mulls next rate hike
OTTAWA – Canadians have amassed a $2-trillion mountain of household debt that’s casting a big…
Zuckerberg pledges to ‘keep building’ in no-apology address
SAN JOSE, Calif. – With a smile that suggested the hard part of an “intense…