Skip to content

National Business

Teck ramps up rhetoric against Glencore offer, pushes own plan to spilt company

Teck ramps up rhetoric against Glencore offer, pushes own plan to spilt company

VANCOUVER — Teck Resources Ltd. has ramped up its rhetoric against a unsolicited takeover bid by Swiss mining giant Glencore while arguing for its own restructuring plan.
Regional routes see higher airfares, fewer flights even as new carriers emerge

Regional routes see higher airfares, fewer flights even as new carriers emerge

MONTREAL — Whether you're catching a flight, opening a new bank account or picking up groceries, a small group of big names takes up most of the market share. Competition Ltd.
Scotiabank picks new head of international banking from outside ranks

Scotiabank picks new head of international banking from outside ranks

TORONTO — The top ranks of Scotiabank will have another new face as the bank said Monday that Francisco Aristeguieta will lead the bank's international division.
More than 40% of farm operators to retire by 2033: report

More than 40% of farm operators to retire by 2033: report

TORONTO — A new report says more than 40 per cent of farm operators will retire over the next decade, leaving Canada with a shortage.
Cannabis company Phoena will wind down business under creditor protection

Cannabis company Phoena will wind down business under creditor protection

Phoena Holdings Inc. plans to wind down its business and has obtained creditor protection for a second time. Documents filed with a Toronto court show the Vaughan, Ont. cannabis company previously called CannTrust Holdings Inc.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Tilray results Cannabis company Tilray Brands Inc. will report its latest quarterly results after the close of trading on Monday.
BoC expected to hold interest rate this week, even as economy keeps some steam

BoC expected to hold interest rate this week, even as economy keeps some steam

OTTAWA — The Bank of Canada is expected to hold its key interest rate steady this week as inflation continues to slow, despite other data suggesting the economy is still running hot.
Selfie sticks bloom beneath Vancouver's cherry blossoms, as petal power goes global

Selfie sticks bloom beneath Vancouver's cherry blossoms, as petal power goes global

It's springtime in Metro Vancouver, when thickets of selfie sticks and tourists sprout up beneath canopies of the region’s famous cherry blossoms.
US adds a healthy 236,000 jobs despite Fed's rate hikes

US adds a healthy 236,000 jobs despite Fed's rate hikes

WASHINGTON (AP) — America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation.
Low-cost Temu goes head-to-head with Amazon after advertising blitz

Low-cost Temu goes head-to-head with Amazon after advertising blitz

It started with a video of a postal worker sorting a mountain of orange packages from Temu.