Air Canada exec reportedly on board as Air France CEO would face labour headwinds

Two French airline unions blasted Air France-KLM this week after reports the Franco-Dutch carrier will name an Air Canada executive…

Continue Reading →

Canadian Tire shares slide as Q2 profit falls, revenue below analyst estimates

Canadian Tire Corp.’s second-quarter profit was down compared with last year and and its revenue growth came in below analyst…

Continue Reading →

Sears board members have earned more than $600K since retailer’s demise — and are still being paid

It’s time for Sears Canada’s board of directors to disband and stop racking up costs, according to the law firm representing…

Continue Reading →

Fed keeps key rate unchanged while signalling future hikes

The Federal Reserve on Wednesday left its benchmark interest rate unchanged while signalling further gradual rate hikes in the months…

Continue Reading →

U.S. dollar overvalued, Chinese yuan in line with fundamentals: IMF

The International Monetary Fund said on Tuesday that the U.S. dollar is over-valued, China’s yuan is in line with fundamentals…

Continue Reading →

Trump’s Fed criticism prompts fears he’s questioning bank’s independence

U.S. President Donald Trump took his second shot in as many days at the man he hand-picked to run his…

Continue Reading →

Allegations of inflated property values at centre of RCMP syndicated mortgage fraud investigation

Inflated property values and the promotion of non-qualifying investments as being RRSP-eligible are some of the key allegations made by…

Continue Reading →

A founder of WestJet and JetBlue commits to order 60 A220s for new U.S. airline

David Neeleman, one of the founders of WestJet Airlines Ltd. and JetBlue Airways Corp., has committed to buy 60 Airbus A220-300…

Continue Reading →

OSC orders Sino-Forest executives to pay millions in penalties

The Ontario Securities Commission has ordered several top executives of timber company Sino-Forest to pay millions in administrative penalties, disgorgement…

Continue Reading →