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Gildan sizes up its basic apparel offerings with US$2.2B deal to buy HanesBrands

Gildan sizes up its basic apparel offerings with US$2.2B deal to buy HanesBrands

Gildan Activewear Inc. has gone from potential takeover target last year to it being the big-time buyer as it snaps up HanesBrands Inc. for US$2.2 billion.
Ontario opens $1B tariff support program for eligible businesses

Ontario opens $1B tariff support program for eligible businesses

TORONTO — Ontario is opening up a $1-billion fund aimed at giving relief to businesses affected by steel, aluminum and auto tariffs.
Air Canada to begin cancelling flights ahead of possible work stoppage on Saturday

Air Canada to begin cancelling flights ahead of possible work stoppage on Saturday

Travellers say they are bracing for uncertainty as Air Canada prepares to gradually suspend flights ahead of a potential work stoppage on Saturday.
Amazon expands its perishable delivery service, putting pressure on traditional grocers

Amazon expands its perishable delivery service, putting pressure on traditional grocers

NEW YORK (AP) — Amazon is now rolling out a service where its Prime members can now order their blueberries and milk at the same time as basic items like batteries and T-shirts and get them within hours.
B.C. residential unit sales up in July but down year-to-date, association says

B.C. residential unit sales up in July but down year-to-date, association says

VANCOUVER — Sales of homes in British Columbia grew in July compared with the same month last year, but year-to-date numbers show transactions remain slower.
Flight simulator maker CAE reports Q1 profit and revenue up from year ago

Flight simulator maker CAE reports Q1 profit and revenue up from year ago

MONTREAL — Flight simulator maker CAE Inc. reported a first-quarter profit attributable to equity holders of $57.2 million, up from $48.3 million in the same quarter last year.
What to know about credit card travel insurance as an Air Canada strike looms

What to know about credit card travel insurance as an Air Canada strike looms

After carefully planning a summer vacation, the last thing on your mind should be finding alternate transportation. But some travellers could be left scrambling as the clock ticks down to a possible work stoppage at Air Canada.
Were you planning to fly Air Canada? What you need to know about a looming strike

Were you planning to fly Air Canada? What you need to know about a looming strike

A work stoppage looms for around 10,000 Air Canada flight attendants after their union and the airline issued 72-hour strike and lockout notices, respectively, early Wednesday morning.
Hudson's Bay and subsidiaries change names to numbered companies

Hudson's Bay and subsidiaries change names to numbered companies

TORONTO — The company running the defunct department store once known as Hudson's Bay is changing its name — again. New court documents filed overnight show the retailer and its subsidiaries have been renamed as numbered companies.
B.C. billionaire wanting Hudson's Bay leases says landlord concerns are 'misguided'

B.C. billionaire wanting Hudson's Bay leases says landlord concerns are 'misguided'

TORONTO — A B.C. billionaire who wants to buy some Hudson’s Bay leases says landlord claims that she won’t be able to run a successful business in their spaces are "misguided.