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National Business
Sale of Atlantic Canada's biggest newspaper chain could reduce local content: expert
HALIFAX — An expert who tracks Canada's mainstream media industry says Postmedia's pending purchase of Atlantic Canada's largest newspaper chain is almost certain to result in job cuts and a reduction in local content.
Jul 30, 2024 6:24 AM
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Bread-fixing settlement delivers $253 million hit to George Weston Q2 results
TORONTO — George Weston Ltd. says a recent settlement it reached in the bread price-fixing class actions it faced had a $253 million impact on its second-quarter net earnings. The company, which holds a majority interest in grocer Loblaw Cos. Ltd.
Jul 30, 2024 5:24 AM
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BHP, Lundin Mining to buy Filo for $4.5 billion, form joint venture for projects
VANCOUVER — BHP and Lundin Mining Corp. have signed a $4.5 billion deal to acquire all of the shares they don't already own in exploration company Filo Corp.
Jul 30, 2024 5:24 AM
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Average data breach costs Canadian organizations $6.32 million: IBM study
Canadian organizations embroiled in data breaches wind up paying an average $6.32 million to resolve the incidents, a new study from IBM says. That total is down from 2023, when Canadian organizations were paying an average $6.
Jul 30, 2024 2:45 AM
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Europe's growth lags US again, as Germany remains the eurozone's economic problem child
FRANKFURT, Germany (AP) — Europe’s economy enjoyed modest growth in the April-June quarter even as the U.S.
Jul 30, 2024 2:34 AM
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Two dead in crash of 'homebuilt amphibious' plane near Merritt, B.C.
MERRITT, BRITISH COLUMBIA — Police say two people are dead after an amateur-built plane crashed north of the Merritt, B.C. airport, about 270 kilometres northeast of Vancouver.
Jul 29, 2024 3:49 PM
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Trans Mountain Corp. to have new CEO as Farrell moves to board chair role
CALGARY — Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company's board Sept. 1.
Jul 29, 2024 3:17 PM
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Tilray Brands sees revenues rise; boosted by alcoholic beverage sales
LEAMINGTON, ONT. — Cannabis and beverage company Tilray Brands, Inc. says it lost US$15.4 million in its fiscal fourth quarter, a US$104.4-million improvement from a year earlier when it lost US$119.8 million in the same period.
Jul 29, 2024 3:16 PM
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WestJet, Air North announce deal for single-ticket travel involving both airlines
WHITEHORSE, YUKON — WestJet and Whitehorse-based Air North have announced a new agreement that will allow single-ticket travel across both airlines' networks.
Jul 29, 2024 2:38 PM
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S&P/TSX composite down, U.S. markets mixed at close of trading Monday
Canada's main stock index dipped on Monday, dragged down by losses in the energy and tech sectors while U.S. markets were mixed. The S&P/TSX composite index was down 35.24 points at 22,779.57.
Jul 29, 2024 2:24 PM
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