Aimia, Porter Airlines form new Aeroplan partnership for post-Air Canada era

Aimia Inc. says it has a new deal for Toronto-based Porter Airlines to become a preferred Canadian airline for the Aeroplan loyalty points program as of July 2020, when the current arrangement with Air Canada ends. The announcement follows Aimia’s rejection of a bid for Aeroplan from an Air Canada-led group that includes the key […]

Amid EpiPen shortage, a Canadian-based company has approval for an alternative

As a worsening EpiPen shortage prompts questions about why Canada relies on just one pharmaceutical manufacturer to supply a life-saving treatment, a Laval, Que., drug company says it is “actively seeking” to bring another epinephrine self-injector that stops anaphylactic reactions to this country.  Bausch Health Companies, formerly called Valeant Pharmaceuticals, is one of four drug manufacturers that have received approval from Health Canada for epinephrine […]

Can shortage has brewers feeling tapped out

Tariffs and price hikes could soon make it harder to crack open a cold can of craft beer.  Ottawa-area breweries say they are facing an aluminum can shortage, with deliveries delayed and prices rising. Some are blaming the trade war between Canada and the United States. Brewers fear retaliatory tariffs the Canadian government imposed on aluminum imports from […]

U.S. ‘showing more flexibility’ on autos in NAFTA talks, Mexican official says

The United States and Mexico are nearing a deal on the key issue of autos content rules at talks to renew the North American Free Trade Agreement, Mexican and Canadian officials said on Wednesday. Guillermo Malpica, head of the trade and NAFTA office for the Mexican government, said the United States had “started showing more […]

1.4 million Ram pickups recalled for tailgates that can unexpectedly open

Fiat Chrysler is recalling more than 1.4 million Ram pickups in the U.S. and Canada because tailgates with power locks can open while the trucks are moving. The recall covers Ram 1500, 2500 and 3500 pickups from the 2015 through 2017 model years. The company said in U.S. and Canadian government documents that if the tailgates […]

CBS 2Q net income up as CEO faces sexual-misconduct probe

CBS on Thursday reported a boost in second-quarter net income from the tax overhaul and higher fees from affiliates and subscribers, as turmoil swirls around the media company ahead of the important fall TV season. CEO Les Moonves is facing an investigation after the New Yorker magazine published a story last Friday detailing accounts by […]

Canadian newsprint producer hopes U.S. trade commission will overturn duties

North America’s largest newsprint producer hopes rare bipartisan political support in the United States will convince the U.S. International Trade Commission to overturn final import duties announced Thursday. The United States government gave most Canadian newsprint producers a reprieve by lowering final anti-dumping and countervailing duties on uncoated groundwood, a category that includes newsprint and […]

Bombardier says C Series shift to Airbus allows it to focus on regional planes

With its focus no longer diverted by the aircraft formerly known as the C Series, Bombardier Inc. says it is working to improve the profitability of its regional jets and turboprops by boosting sales and cutting costs. The Montreal-based transportation giant’s regional aircraft order backlog rose to 116 planes, enough for three years of production […]

Apple hits record $1 trillion US stock market valuation

Apple Inc. became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fuelled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications. The tech company’s stock jumped 2.8 per cent on Nasdaq to as high as $207.05 US, […]

Aimia in talks with Oneworld alliance as potential Aeroplan partner

Aimia Inc. says it’s in talks with the Oneworld airline alliance, a potential partner for its Aeroplan program, which is currently a takeover target by an Air Canada-led group that has offered to buy the loyalty points program. The Montreal-based company confirmed the discussions with Oneworld, whose members include British Airways, American Airlines and Cathay […]