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The Community Economic Development Corporation CEDC tax credit program, announced in Calgary on Wednesday, will offer a 30 per cent tax credit to Albertans who invest in registered CEDCs —...
Business
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...
Business
The country’s real estate market may be taking a breather, but a new survey suggests the vast majority of recent homebuyers are maxing out their budgets to purchase their first...
Business
CALGARY Canadian Pacific Railway Ltd. says it earned the highest adjusted per share profits and revenues of its 137 year history last quarter, helping the country s second largest railroad to...
Business
ST. JOHN S, N.L. Newfoundland and Labrador s Crown owned utility says it has directed the main contractor at the Muskrat Falls hydro electric megaproject site to stop work. In an...
Business
TORONTO North American markets posted a second consecutive day of losses on a broad based decline on Canada s main index led by metals, industrials and energy. The S&P/TSX composite...
Business
TORONTO Canada s beer producers have welcomed the federal government s decision to exempt from tariffs most beer cans imported from the United States. The Canadian government set the...
Business
CALGARY Royal Dutch Shell s name is being removed from a tiny 65 year old employee credit union as its visibility in the Alberta oil and gas industry continues to shrink...
Business
VICTOR, N.Y.—Constellation Brands chief executive officer Rob Sands will step down next year and hand over the reins of one of the world’s largest beverage companies to its current president....
Business
TORONTO — Canada’s move to drop a 10 per cent duty on U.S. made aluminum cans is good news for Canadian beer makers battling a shortage of tall cans, according to...
Business
OTTAWA — Two senior Liberal cabinet ministers are off to Beijing next month to co chair a high level business conference and to push Canada’s trade interests with China. International Trade Minister...
Business
The legalization of recreational weed on Wednesday has already fuelled a six fold surge in pot growing facilities to 8.7 million square feet 808, 256 square meters in the year through September, according...
Business
There’s a “seller’s market” for attractive assets like those held by its Canadian subsidiary, the CEO of Kinder Morgan Inc. said on a conference call Wednesday to discuss third quarter results....
Business
CALGARY — More than a decade after it was first proposed by TransCanada Corp., the Keystone XL project is moving closer to the construction phase in Canada and the U.S.,...
Business
That isnt stopping companies from getting into the cannabis edibles business, including Province Brands, which produces a beer thats brewed with the drug. Jennifer Thomas, co founder and chief legal officer...
Business
The industry is less critical than it once was to the nation’s prospects, enabling some Canadian dollar bulls to look past the recent slide in domestic crude prices and focus...
Business
The Alberta Electric System Operator, which manages and operates the province’s power grid, announced Tuesday chief executive David Erickson will leave the organization Jan. 31 after almost a decade in...
Business
OTTAWA Two senior Liberal cabinet ministers are off to Beijing next month to co chair a high level business conference and to push Canada s trade interests with China. International Trade...
Business
SEATTLE Federal prosecutors have charged a former Microsoft sports marketing director with five counts of wire fraud, accusing him of attempting to embezzle $1.5 million from the company and...
Business
MEG Energy Corp. said Wednesday it had rejected a $3 billion $2.3 billion US hostile takeover by Husky Energy Inc. and plans to launch a strategic review with an eye...