Nuclear fusion, a disruptive power source for crowded cities: Don Pittis

The battle to replace fossil fuels with low-carbon power is bumping up against a new practical reality. As people crowd into cities, the world’s need for concentrated power sources is growing just as low-carbon green power is heading in the opposite direction. While the world needs high-density energy — the amount of power used or produced in a […]

‘Horrendous’ bomb-defusing game for kids sold at Walmart offends some shoppers

A kids’ bomb-defusing game sold in Canada at Walmart has offended some shoppers who find it inappropriate, particularly in an era of terrorism threats. “It’s horrendous, especially in a day and age like this,” said Sharon Butler, a parent who discovered the item recently at a Walmart store in London, Ont. Called “Cut The Wire,” the […]

Amid oil price crisis, major energy producer says Canada’s largest pipeline system is ‘dysfunctional’

Canadian Natural Resources is doubling down on its concerns about wasted space on Canada’s biggest oil pipeline, blaming a “dysfunctional” process as one reason for slashing its spending plans next year. It follows complaints the company’s executive vice chairman Steve Laut made last month, saying current rules allow “certain players” to exploit the system by booking pipeline […]

Couche-Tard’s Q2 earnings up 9% from acquisitions, fuel sales

Alimentation Couche-Tard Inc. beat revenue expectations as the Quebec-based retailer’s net earnings rose nine per cent in its most recent quarter thanks in part to acquisitions, improved fuel sales and lower taxes. The world’s second-biggest convenience store operator, which reports in U.S. dollars, said its net earnings attributable to shareholders were $473.1 million US or 84 cents […]

Trudeau’s Singapore pitch: Canada ‘just getting started’ on trade

Prime Minister Justin Trudeau arrived in Singapore on Tuesday afternoon primed to make his pitch to a Singapore business audience: Amid new barriers to trading with the U.S., why not consider Canada? Trudeau has a busy three days planned at the margins of the Association of Southeast Asian Nations (ASEAN) and East Asia summits.  Canada […]

Distracted too often by your smartphone? This company thinks it can help

Some of the best known companies in the world have tried — and failed — to market smartglasses to consumers, but a small Canadian company believes it’s ready to show Google, Microsoft and Sony how it’s done. “There’s a massive opportunity, really a mass-market opportunity, for a product like Focals to be successful,” said Aaron Grant, co-founder of […]

Lowe’s closing 31 locations including Rona stores in Canada, 20 in U.S.

Home improvement retailer Lowe’s is closing a total of 31 locations, including 27 underperforming Lowe’s and Rona stores in British Columbia, Alberta, Ontario, Quebec, and Newfoundland and Labrador, and 20 locations in the U.S. The North Carolina-based chain said Monday morning that the closures are “part of its ongoing strategic reassessment” of its business. Most are in […]

Stronach lawsuit lays bare family dispute over control of businesses

A lawsuit by business magnate Frank Stronach that seeks $520 million in compensation and damages against his daughter, two grandchildren and others has laid bare a two-year-old dispute about control and direction of the family firm. Stronach, who created Magna International and built it into a global auto-parts giant, alleges in the lawsuit filed in Ontario […]

Heavy snow delays harvest after tough season for Alberta farmers

Farmers in Alberta are racing against the clock to harvest their crops after heavy rain and snow in September left fields too wet to work. The wet weather delays followed a dry summer that already had farmers bracing for a hit to their yields. Kevin Bender, who farms west of Red Deer and is the chair of the Alberta Wheat […]