By Christopher Reynolds The Canadian Press MONTREAL — Air Canada has signed a definitive agreement to buy the Aeroplan loyalty program from Aimia Inc. for $450 million in cash, confirming the airline as sole owner and bringing closure to credit card customers wondering how long their points would have value. […]
National Business
By David Paddon The Canadian Press There has been a dramatic increase in the number of complaints raised against Canada’s telecommunications providers, according to an annual tally released Tuesday by the private-sector body assigned to resolve disputes brought by customers who haven’t been able to get satisfaction directly from their […]
By Rob Gillies THE ASSOCIATED PRESS TORONTO — General Motors is planning to announce the closure of its Oshawa, Ontario, plant Monday, which will eventually result in the loss of about 2,500 jobs. The plant closure announcement was confirmed late Sunday by an official familiar with the decision. The official […]
The Canadian Press CALGARY — The National Energy Board says crude-by-rail exports from Canada rose to a record 269,829 barrels per day in September. That’s up more than 17 per cent from 229,544 in August and just over double the 134,132 barrels per day recorded in September 2017. Total crude […]
The Associated Press GENEVA — Christie’s sold the “Pink Legacy” diamond at auction Tuesday for more than $50 million including fees, saying it’s a new world record price per carat for a pink diamond. Christie’s said renowned jeweler Harry Winston was the buyer. The auction house had expected to fetch […]
By Ivan Moreno The Associated Press MILWAUKEE — Pabst Brewing Company and MillerCoors are going to trial, with hipster favourite Pabst contending that MillerCoors wants to put it out of business by ending a longstanding partnership through which it brews Pabst’s beers. The case has high stakes for Pabst, whose […]
The Associated Press NEW YORK — Environmentalists cheered a federal court order that blocks a Trump administration permit for the construction of the Keystone XL pipeline, pending an environmental review. The pipeline would begin in Alberta and shuttle as much as 830,000 barrels a day of crude through a half […]
The Associated Press DETROIT — Ford is recalling nearly 1.5 million Focus compact cars in North America because a fuel system problem can cause the engines to stall without warning. The recall covers cars from the 2012 through 2018 model years with 2-litre four-cylinder engines. Ford says a valve in […]
By Christopher Reynolds The Canadian Press MONTREAL — The Canada Border Services Agency and the Port of Montreal have signed on for a trial run of a technology that aims to streamline freight shipping using the power of blockchain. The federal customs agency and the country’s second-biggest port said they’re […]
By Paul Elias The Associated Press SAN FRANCISCO — StarKist Co. agreed to plead guilty to a felony price fixing charge as part of a broad collusion investigation of the canned tuna industry, the U.S. Department of Justice announced Thursday. The DOJ said StarKist faces up to a $100 million […]
By Rob GilliesGene Johnson And Tracey Lindeman The Associated Press MONTREAL — Cam Battley is a top executive at one of Canada’s biggest marijuana companies, but he isn’t sticking around to savour the country’s historic pot legalization. He’s off to Germany on Friday and Australia next week ‚Äî a sign […]
By Anne D’Innocenzio The Associated Press NEW YORK — Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be viable or will it […]
