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Power Financial reports record earnings in Q2 on strong subsidiaries performance
TORONTO – Power Financial Corp. reported better-than-expected second-quarter net income, the highest in the company’s…
Bluebird jet boat floats again, 51 years after fatal crash
LONDON – The famed jet boat Bluebird returned to the water Saturday for the first…
Five things to watch for in the Canadian business world in the coming week
TORONTO – Five things to watch for in the Canadian business world in the coming…
Recent refugees face unique challenges with business ventures in Canada
Diala Aleid, a Syrian refugee and entrepreneur, recalls working at her family’s restaurant nearly every…
‘Mission: Impossible’ bests Winnie-the-Pooh at box office
NEW YORK – Tom Cruise sped past Winnie-the-Pooh at the box office to lead all…
Canada to review auto emissions regulations as U.S. moves to water them down
OTTAWA – Canada will review the joint vehicle emissions standards it has with the United…
Trump: Sanctions reinstated against Iran for ‘WORLD PEACE’
WASHINGTON – U.S. sanctions that kicked in early Tuesday against Iran are meant to pressure…
Former Malaysian PM faces new charge of money laundering
KUALA LUMPUR, Malaysia – Former Malaysian Prime Minister Najib Razak will face a new charge…
Saputo Q1 profit falls as various factors combine to offset higher revenue
TORONTO – A “crude competitiveness” and “irrational” behaviour from rival businesses in the wake of…
Saudi Arabian crude oil imports to Canada easy to replace, says energy economist
CALGARY – Canada can easily replace the oil it imports from Saudi Arabia should relations…
Canned food companies to increase prices to combat aluminum tariffs
TORONTO – Soup, soda and beer makers can’t seem to put a lid on the…
Maxar stock plunges after short-seller says space company’s dividend is at risk
TORONTO – Maxar Technologies Ltd. stock plunged Tuesday after the formerly-named MacDonald Dettwiler and Associates…
Spat with Saudis hits home for armoured vehicle plant in southwestern Ontario
OTTAWA – The sudden deterioration in the Saudi-Canadian relationship is likely grabbing the attention of…
Tesla CEO drops latest bombshell with $72B buyout proposal
SAN FRANCISCO – Tesla CEO Elon Musk is gearing up to lead a buyout of…
Ontario to offer incentives to brewers in buck-a-beer plan
TORONTO – Ontario launched its buck-a-beer plan Tuesday by offering “non-financial incentives” to brewers who…
Trump going ahead with taxes on $16B in Chinese imports
WASHINGTON – The Trump administration announced Tuesday that it will go ahead with imposing 25…
Thomson Reuters boosts Q2 earnings from continuing and discontinued operations
TORONTO – Thomson Reuters Corp. had US$657 million of net earnings in the second quarter,…
US braces for possible cyberattacks after Iran sanctions
WASHINGTON – The U.S. is bracing for cyberattacks Iran could launch in retaliation for the…
Concern in Arkansas town highlights trade fears in US states
ARKADELPHIA, Ark. – A Chinese company’s announcement two years ago that it would spend more…
Most boomers plan to stay put, renovate rather than move in next 5 years: study
TORONTO – A new study finds that some 80 per cent of Canadian baby boomers…
Ontario’s craft brewers pan Doug Ford’s buck-a-beer plan as unaffordable
Many of Ontario’s craft beer brewers refuse to sacrifice quality and lower their prices to…
Quebecor’s Peladeau guilty plea could bar company from bidding on public contracts
MONTREAL – Quebec media mogul Pierre Karl Peladeau says he will challenge a court ruling…
Saudi Arabia reportedly directing selloff of Canadian assets after criticism
TORONTO – As Saudi Arabia continues to escalate its political dispute with Canada, experts say…
Toronto’s main stock index closes up after previous day’s decline
TORONTO – Canada’s main stock index closed up modestly but not enough to reverse Tuesday’s…