Business

Freshii sees sales start to recover as most of its restaurants reopen

August 14, 2020

TORONTO — Freshii Inc. says its core lunch business remains in "recovery mode" even though overall company sales have started to recover with the reopening of most of its ...

Competition Bureau launches probe of Amazon, seeks input from businesses

August 14, 2020

The Competition Bureau has launched a probe into Amazon's conduct to determine whether the online retailer is harming competition.The investigation, which is seeking ...

Record lumber prices adding thousands of dollars to new home building costs

August 14, 2020

CALGARY — Soaring lumber and wood panel prices are adding thousands of dollars to the cost of building a home in Canada as strong renovation and new housing demand outstrip ...

CPP Investments reports 5.6 per cent return in Q1 in broad rally from March low

August 14, 2020

TORONTO — Canada Pension Plan Investment Board's main fund achieved a 5.6 per cent net return for the quarter ended June 30.The Toronto-based fund manager says its base CPP ...

Materials sector weighs on Toronto market as gold price falls again

August 14, 2020

TORONTO — Canada's main stock index dipped into the red Friday as the materials sector weighed it down amid falling gold prices. Meanwhile, major indexes south of the border ...

Statistics Canada says manufacturing sales posted record gain in June

August 14, 2020

OTTAWA — Canadian manufacturing sales climbed a record 20.7 per cent in June to $48.7 billion as production returned following widespread shutdowns earlier in the year, ...

Cineplex reports $98.9-million Q2 loss with movie theatres closed

August 14, 2020

TORONTO — Cineplex Inc.'s chief executive is hoping that ending an agreement with a virtual reality golf company, films debuting in Canada before the U.S. and a slew of COVID...

Freshii sees $525K net loss in second quarter amid COVID-19 pandemic

August 13, 2020

TORONTO — Freshii Inc. reported a roughly half-million second-quarter loss amid the COVID-19 pandemic that saw many of its restaurants temporarily close.The Toronto-based ...

Most actively traded companies on the TSX

August 13, 2020

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (16,530.06, down 45.22 points)Manulife Financial Corp. (TSX:...

Stronach family settles feud that divided founder Frank and daughter Belinda

August 13, 2020

TORONTO — A high-profile feud among members of the Stronach family has been resolved out of court, ending a potentially messy legal drama.Under a settlement announced ...

Energy firm charged with hindering Alberta Energy Regulator facility inspections

August 13, 2020

CALGARY — The Alberta Energy Regulator says it has laid charges against Land Petroleum International Inc. and president Bill Fung for hindering AER inspections in 2018. ...

Key mortgage stress test rate eases, gives borrowers a little more room

August 13, 2020

House-hunting Canadians saw their buying power increase this week as the benchmark five-year mortgage rate reported by the Bank of Canada fell for the third time this year, ...

As economy recovers, some Toronto restaurants commit to end tipping

August 13, 2020

TORONTO — As the Canadian economy continues to ...

McDonald's returns to 100% Canadian beef after COVID-19 supply chain issues

August 13, 2020

TORONTO — McDonald's Canada says it will return...

Chinese miner hires Canadian CEO as review continues on Nunavut gold mine buy

August 13, 2020

TORONTO — The Chinese company trying to buy TMAC ...

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Vancouver guitarist shreds on Nickelback's Charlie Daniels tribute

August 14, 2020

'Succession' star Nicholas Braun writes a virus dating song

August 14, 2020

Chrissy Teigen, John Legend expecting baby No. 3

August 13, 2020

Spicoli to the rescue with 'Fast Times' virtual benefit

August 13, 2020

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Weekend selected for fireworks, possible parade in Outlook

July 22, 2020

The Town of Outlook has decided on a date to provide the community with a special fireworks display after it originally needed to be postponed. Bold and boisterous ...

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Sponsors make playground possible at Diefenbaker community Sandy Shores

July 30, 2020

Since its installation in June 2019, the TN Train Park Playground at Sandy Shores Resort has been a big success with residents and visitors. The playground includes a wide ...