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Updated: 1 hour 43 min ago

The Conservatives' climate change conundrum: Don Pittis

Wed, 10/23/2019 - 01:00

After a campaign rejecting climate change politics, can the Conservatives create a policy to satisfy their base and a growing external climate consensus?

The big election winner? The carbon tax

Tue, 10/22/2019 - 17:31

A key discovery from Monday's federal election results is that most Canadians support political parties that promote a carbon tax. Roughly two-thirds of voters marked an "X" by the name of a Liberal, NDP, Green or Bloc Québécois candidate. Some experts say it's time the Conservatives take note.

Zuckerberg to tell U.S. House that Facebook digital currency won't evade laws

Tue, 10/22/2019 - 16:59

Facebook CEO Mark Zuckerberg will try to reassure the U.S. Congress on Wednesday that his company won't try to evade financial regulators as it prepares its planned digital currency Libra.

For toymaker Hasbro, trade wars are no fun

Tue, 10/22/2019 - 10:58

Shares of Hasbro plunged Tuesday after the company said the trade war is hammering its supply chain and creating confusion among customers for its toys.

Relatives of Canadians killed in Ethiopian Airlines crash arrive home with remains after 7-month wait

Tue, 10/22/2019 - 10:42

Members of several Canadian families who lost loved ones in the Ethiopian Airlines crash last March landed at Toronto’s Pearson International Airport Tuesday morning along with seven caskets carrying the remains of their relatives.

Husky Energy announces layoffs

Tue, 10/22/2019 - 10:00

Months after revealing plans to cut its capital spending, Husky Energy announced Tuesday that it is also reducing its workforce but did not say by how much.

Boeing makes progress on 737 Max, but FAA needs weeks to review

Tue, 10/22/2019 - 09:01

Boeing Co. is making progress toward getting its 737 Max aircraft in the air again, but the U.S. Federal Aviation Administration (FAA) will need at least several more weeks for review, FAA Administrator Steve Dickson said on Tuesday.

Business outlook more rosy overall but Prairies still hard hit, Bank of Canada says

Tue, 10/22/2019 - 08:40

A new survey by the Bank of Canada suggested that business sentiment in the country has edged higher, but differences between the Prairies, hard hit by the turmoil in the energy sector, and Central Canada have grown more pronounced.

Exxon trial to explore whether oil giant lied to investors about climate change

Tue, 10/22/2019 - 07:18

New York's attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming. A lawsuit is set to go to trial Tuesday.

Retail sales fell slightly in August, Statistics Canada reports

Tue, 10/22/2019 - 06:39

Statistics Canada says retail sale fell 0.1 per cent in August to $51.5 billion as sales at food and beverage stores dropped. Sales at general merchandise stores gained 0.8 per cent and motor vehicle and parts dealers rose 0.1 per cent.

Under Armour's founder Kevin Plank to step down from CEO role

Tue, 10/22/2019 - 05:58

Under Armour founder Kevin Plank will step down as CEO in the new year to become the company's executive chairman and brand chief, to be succeeded by company president and COO Patrik Frisk.

'It was really unfair,' Toronto teen says after her Hong Kong-themed shoe removed from contest

Tue, 10/22/2019 - 02:00

Naomi So of Toronto says she's disappointed in apparel company Vans after the Hong Kong protest-themed shoe design she entered in a contest she was on track to win was pulled.

'A sad day': Frustrated oilpatch braces for more Trudeau (and more job losses)

Tue, 10/22/2019 - 01:00

After the oilpatch celebrated the victory of the UCP government in Alberta in the spring, many in the sector were hoping for a double dose of good fortune in 2019 with a Conservative victory on the federal stage.

Crude-by-rail shipments fell in August, energy regulator says

Mon, 10/21/2019 - 12:17

The Canada Energy Regulator says exports of crude oil by rail from Canada fell slightly in August to 310,000 barrels per day from 313,000 bpd in July.

Barrick to pay Tanzanian government $300M to settle mining dispute

Mon, 10/21/2019 - 10:28

Barrick Gold Corp. announced a deal with the government of Tanzania that will see the gold miner pay $300 million US to settle all outstanding tax and other disputes over its mines in the African country.

Issue of credit card customers getting mislabelled charges resolved, Scotiabank says

Mon, 10/21/2019 - 09:09

Some Scotiabank customers are experiencing problems with their credit cards where charges appear to be mislabelled. 

Boeing may face billions more in losses as Max crisis deepens

Mon, 10/21/2019 - 06:00

Boeing may have to book billions of dollars in additional charges, two brokerages said on Monday, following latest developments around the planemaker's grounded 737 Max jet that calls into question the timing of the aircraft's return to service.

Cannabis edibles expected to take small bite out of illegal sales

Mon, 10/21/2019 - 06:00

Licensed cannabis producers are optimistic that the introduction of legal edibles will help displace the black market, but analysts say it will take time to displace illegal sales.

HBC board agrees to sweetened privatization bid by Baker-led shareholder group

Mon, 10/21/2019 - 05:42

The board of Hudson's Bay Co. has agreed to a sweetened offer by a shareholder group led by executive chairman Richard Baker.

Drug companies in opioid epidemic settle with Ohio counties, avoiding 1st federal trial

Mon, 10/21/2019 - 05:31

Four drug companies reached a last-minute legal settlement over their role in the opioid addiction epidemic in the U.S., the Wall Street Journal reported Monday.

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