National Bank of Canada hikes dividend on strong 4th quarter profits

National Bank of Canada hiked its dividend as it reported fourth-quarter net income of $566 million, up eight per cent…

Continue Reading →

Trump’s ‘tariff man’ talk spooks investors, sends stock markets plunging

Stock markets fell precipitously on Tuesday as weekend optimism that the U.S. and China could de-escalate their trade war fell…

Continue Reading →

Sleep Country Canada buys online mattress firm Endy for $89M

Sleep Country Canada has agreed to buy online mattress seller Endy for $89 million. The two companies announced a deal Thursday…

Continue Reading →

NASA chimes in on Beaufort Sea drilling rigs

The federal agency that oversees offshore petroleum leasing has received comment on Arctic Ocean drilling from a surprise source —…

Continue Reading →

Worst day for oil since 2015 as WTI price falls to $50 US a barrel

The price of a barrel of the most common blend of U.S. oil fell to its lowest level in more…

Continue Reading →

Morneau’s update bolsters struggling media with $600M in tax measures

The federal government is stepping in to help the struggling Canadian media industry with new tax credits and incentives valued…

Continue Reading →

Canadian gas prices fall as crude oil continues slide

Canadian drivers are seeing the lowest prices for gasoline in months, as a slump in the price of crude oil has…

Continue Reading →

New Flyer sends 90 jobs to Kentucky to meet U.S. content rules

Winnipeg-based bus manufacturer New Flyer will lay off 90 people and move the jobs to Shepherdsville, Ky., to deal with increasingly…

Continue Reading →

B.C. billionaire Chip Wilson uses his backside to sell ‘unauthorized story’ of Lululemon

While there may be many chapters in the two-decade story of apparel company Lululemon Athletica Inc., founder Chip Wilson has looked to one…

Continue Reading →