Category: Business

Industry Minister Mélanie Joly says Canada is serving Stellantis a notice of default after the automaker shifted some of its production to the United States. Stellantis announced in October it was moving planned production of its Jeep Compass from Brampton, Ont. to Illinois. Joly told the standing committee on international trade today the move breaches...

TORONTO — Sleep Country Canada Inc. is on the cusp of bringing back Bed Bath & Beyond. The mattress retailer confirms it has purchased the Canadian and U.K. rights to the houseware brand’s name and logos. It will relaunch the retailer with physical and online stores next year. The federal government’s trademark registry shows Bed...

CALGARY — A wayward pilot whose actions forced officials to scramble four CF-18 Hornet fighter jets during the G7 leaders’ summit in Alberta earlier this year won’t be facing criminal charges. During the summit in June — which included leaders from Canada, the United States, France, Germany, Japan, the United Kingdom, Italy and the European...

CALGARY — A wayward pilot whose actions forced officials to scramble four CF-18 Hornet fighter jets during the G7 leaders’ summit in Alberta earlier this year won’t be facing criminal charges. During the summit in June — which included leaders from Canada, the United States, France, Germany, Japan, the United Kingdom, Italy and the European...

TORONTO — The first in a series of online auctions to sell off Hudson’s Bay’s treasures closed Thursday with one Kuba Bryzgalski painting of snowshoers in striped coats going for $170,000 and a single bidder dropping $27,100 total on seven vintage point blankets. The purchases were some of the highlights of a frenetic sale Heffel...

BMO Financial Group raised its dividend as it reported a fourth-quarter profit of $2.30 billion. The bank says it will now pay a quarterly dividend of $1.67 per share, an increase of four cents per share. BMO says its profit amounted to $2.97 per diluted share for the quarter ended Oct. 31 compared with a...

Russian authorities said Thursday they have imposed restrictions on Apple’s video calling service FaceTime, the latest step in an effort to tighten control over the internet and communications online. State internet regulator Roskomnadzor alleged in a statement that the service is being “used to organize and conduct terrorist activities on the territory of the country,...

Russian authorities said Thursday they have imposed restrictions on Apple’s video calling service FaceTime, the latest step in an effort to tighten control over the internet and communications online. State internet regulator Roskomnadzor alleged in a statement that the service is being “used to organize and conduct terrorist activities on the territory of the country,...

TORONTO — Sleep Country Canada Inc. is on the cusp of bringing back Bed Bath & Beyond. The mattress retailer confirms it has purchased the Canadian and U.K. rights to the houseware brand’s name and logos. It will relaunch the retailer with physical and online stores next year. The federal government’s trademark registry shows Bed...

While Canadian copper miners have largely said U.S. copper tariffs won’t affect them, some market analysts are wondering how realistic the threat really even is. U.S. President Donald Trump said Tuesday that he was planning to impose 50 per cent tariffs on copper imports, though any details on possible exemptions or timing have yet to...