Skip to content

National Business

WestJet shareholders won't get December dividend as Onex acquisition closes

WestJet shareholders won't get December dividend as Onex acquisition closes

CALGARY — WestJet Airlines Ltd. shareholders won't be receiving a quarterly dividend this month after Onex Corp. announced the completion of its acquisition of the Calgary-based airline.
Read more >
Chevron move to exit Kitimat LNG project a dash of 'cold water' for gas industry

Chevron move to exit Kitimat LNG project a dash of 'cold water' for gas industry

CALGARY — The decision by Chevron Corp. to try to sell its 50 per cent stake in the Kitimat LNG project on the B.C. coast throws a symbolic dash of "long-dated cold water" on growth in the Canadian natural gas industry, an analysis says.
Read more >
Updated terms for new NAFTA put hold on potential price increases for some drugs

Updated terms for new NAFTA put hold on potential price increases for some drugs

TORONTO — A change affecting pharmaceuticals in the updated North American free trade agreement will mean cost savings for Canadians, but big drug companies say it could affect investment. Final terms in the trade deal that the U.S.
Read more >
If you're lucky enough to get a holiday bonus, don't blow it on an impulse

If you're lucky enough to get a holiday bonus, don't blow it on an impulse

When Julia Faletski landed her first holiday bonus, the then-bank worker felt a wave of excitement because of her job well done. But then came some more work — figuring out how to make the most of that bonus.
Read more >
How the financial crisis hit the Christmas tree industry and pushed up prices

How the financial crisis hit the Christmas tree industry and pushed up prices

MONTREAL — Consumers on the hunt for a Christmas tree have little to cheer about this year, as prices are through the roof due to a shortage of trees that can be traced back to the 2008 financial crisis.
Read more >
CannTrust at risk of losing NYSE listing as shares tumble below limit

CannTrust at risk of losing NYSE listing as shares tumble below limit

VAUGHAN, Ont. — Embattled cannabis company CannTrust Holdings Inc. says it has been notified by the New York Stock Exchange that its shares are too low to continue to be listed on the stock market. The U.S.
Read more >
Transportation regulator determines WestJet would remain Canadian after Onex deal

Transportation regulator determines WestJet would remain Canadian after Onex deal

GATINEAU, Que. — The proposed $3.5-billion acquisition of WestJet Airlines by an affiliate of Onex Corp.
Read more >
Democrats, White House forge new North American trade deal

Democrats, White House forge new North American trade deal

WASHINGTON — House Democrats and the White House announced a deal Tuesday on a modified North American trade pact, handing President Donald Trump a major Capitol Hill win on the same day that impeachment charges were announced against him.
Read more >
Hudson's Bay Co. reports $226M third-quarter loss, revenue edges down

Hudson's Bay Co. reports $226M third-quarter loss, revenue edges down

Canada's oldest retailer's strategy will remain the same whether or not it continues as a public company, Hudson's Bay Co. chief executive said as the department-store chain reported sluggish sales in its most recent quarter.
Read more >
TSX dips slightly despite signing of revised North American free trade deal

TSX dips slightly despite signing of revised North American free trade deal

TORONTO — Canada's main stock index dipped slightly Tuesday despite the signing of a revised North American free trade deal. The S&P/TSX composite index closed down 0.15 of a point at 16,950.70.
Read more >