News/Business Archive
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Toronto Stock Exchange’s main index hits record high
Posted on 20.12.2017 | No CommentsThe Toronto Stock Exchange's main index set a new record Wednesday, while indices on Wall Street slipped for a second consecutive day after the U.S. Congress passed a tax bill that's anticipated to boos... -
Murray Koffler, founder of Shoppers Drug Mart, dead at 93
Posted on 06.11.2017 | No CommentsMurray Koffler, the founder of Shoppers Drug Mart, has died at the age of 93, according to Loblaw Companies Ltd. -
Sears Canada shuts down Facebook comments amid flood of angry messages
Posted on 26.07.2017 | No CommentsAfter getting flooded with angry comments about how it’s treating laid-off workers and calls for a boycott, Sears Canada is both removing and no longer allowing public posts on its Facebook site. ... -
Canadian dollar touches 77 cents US for first time since February
Posted on 29.06.2017 | No CommentsThe Canadian dollar continued to climb Thursday as speculation grew that the Bank of Canada is ready to raise its key interest rate sooner rather than later. -
Starbucks to end beer, wine sales at hundreds of U.S. outlets
Posted on 06.01.2017 | No CommentsStarbucks will stop selling beer and wine at more than 400 U.S. stores next week as it ends its "evenings" program. -
Are the Trump family’s business ties a problem in the White House?
Posted on 16.11.2016 | No CommentsU.S. president-elect Donald Trump has built a multi-billion-dollar empire operating around the world. He plans to hand control over to his children, prompting concerns about conflicts of interest. ... -
Secret offshore bank accounts should be illegal, top economist says
Posted on 15.11.2016 | No CommentsRecommending "severe" penalties for violations, one of the world's most famous economists says it should be illegal to open a bank account in a secretive tax haven or to set up an offshore corporation i... -
Spending habits change amid rising food prices
Posted on 14.11.2016 | No CommentsA new study suggests nearly one-quarter of Canadians are worried about how to pay for groceries, with more than 50 per cent shifting their shopping habits amid fluctuating food prices. -
Keystone XL will be approved ‘in the first week’: Expert
Posted on 09.11.2016 | No CommentsIt seems clear that President-elect Trump will be good for pipelines and bad for the climate, but what about prices? -
Army Corps of Engineers looking if Dakota pipeline route change possible: Obama
Posted on 02.11.2016 | No CommentsPresident Barack Obama says the U.S. Army Corps of Engineers is examining whether the four-state Dakota Access oil pipeline can be rerouted in southern North Dakota to alleviate the concerns of Native A... -
TD hikes mortgage prime rate to 2.85%
Posted on 01.11.2016 | No CommentsToronto-Dominion Bank has become the first major lender to hike its mortgage rates after Ottawa's move last month to toughen requirements for borrowers. -
Housing and debt risks best addressed by government, rates blunt tool: Poloz
Posted on 01.11.2016 | No CommentsBank of Canada governor Stephen Poloz says risks from household debt and the housing market will be better addressed by the government's recent policy moves than by adjusting interest rates. ...
