By Christopher Reynolds The Canadian Press Rising water levels are causing delays in the St. Lawrence Seaway that could cost the economy more than $1 billion, shippers and port operators say. A new study from the Chamber of Marine Commerce warns that opening the floodgates further at a dam in […]
National Business
The Associated PressMarcia Dunn CAPE CANAVERAL, Fla.–SpaceX launched its heftiest rocket with 24 research satellites today, a middle-of-the-night rideshare featuring a deep space atomic clock, solar sail, a clean and green rocket fuel testbed, and even human ashes. It was the third flight of a Falcon Heavy rocket, but the […]
The Canadian Press TORONTO–Globe and Mail columnist Margaret Wente is among several reporters to take a voluntary buyout as the newspaper looks to trim $10 million from its annual budget. Wente confirmed in an email yesterday that she accepted a buyout package as part of a company program announced in […]
The Canadian Press MONTREAL — Bombardier Inc. has signed a deal to sell its regional jet program to Mitsubishi Heavy Industries Ltd. Under the deal, Mitsubishi will pay US$550 million in cash and assume liabilities totalling about US$200 million. The Japanese company will acquire the maintenance, support, refurbishment, marketing and […]
By Candice Choi THE ASSOCIATED PRESS NEW YORK — Inside an Indiana aquafarming complex, thousands of salmon eggs genetically modified to grow faster than normal are hatching into tiny fish. After growing to roughly 10 pounds (4.5 kilograms) in indoor tanks, they could be served in restaurants by late next […]
@Byline 1:By Kevin Freking @Byline 2:The Associated Press @Body copy:WASHINGTON � President Donald Trump and Canadian Prime Minister Justin Trudeau sought to demonstrate a united front Thursday in the uphill effort to get a replacement for the North American Free Trade Agreement over the finish line. At Trump�s insistence, the […]
The Canadian PressArmina Ligaya TORONTO–The Canadian market for next-generation cannabis products is worth an estimated $2.7 billion annually, with edibles contributing more than half, according to a new report from Deloitte. This spending once the final edible pot regulations roll out in the coming months is expected to be on […]
The Canadian Press Corporations avoided paying Ottawa between $9.4 billion and $11.4 billion in taxes in 2014, according to a new federal estimate by the Canada Revenue Agency. The report estimates a “tax gap” the difference between what is owed to the government and what was collected for small and […]
The Canadian PressDan Healing CALGARY–Observers on the front lines of Western Canada’s oil and gas sector are looking forward to what’s widely expected to be approval of the Trans Mountain pipeline expansion today. But they acknowledge the expected decision by the Liberal caucus in Ottawa won’t solve all their problems. […]
By Rachel Lerman The Associated Press SAN FRANCISCO — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, […]
By Dan Healing The Canadian Press CALGARY — Observers on the front lines of Western Canada’s oil and gas sector are looking forward to what’s widely expected to be approval of the Trans Mountain pipeline expansion on Tuesday. But they acknowledge the expected decision by the Liberal caucus in Ottawa […]
The Associated Press BEIJING — China will halt imports from a Canadian company after food safety issues were detected in one batch of pork, the Xinhua state news agency reported Tuesday, a move likely to fuel speculation that China is retaliating against Canada for arresting a Chinese tech executive. After […]
