Dollarama says profit, sales up despite impact of bad winter weather
MONTREAL - Discount retailer Dollarama Inc. says sales rose by almost 12 per cent to $501.1 million in the first quarter, despite challenging weather conditions that affected consumer traffic to stores...
View ArticleCanadian dollar gains amid higher oil, geopolitical unrest in Iraq
TORONTO - The Canadian dollar rose Thursday, pushed up by rising gold prices amid caution from the Bank of Canada, unrest in Iraq and fears that oil supplies may soon be disrupted.The loonie gained...
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Canada's Housing Market Headed Into Long Slump: BMO
Canada’s housing market will move into a protracted slump around 2018 thanks to shifting population patterns, the Bank of Montreal predicts in a new analysis. Economist Robert Kavcic says Canada’s...
View ArticleBlackBerry strikes three-year mobile payment agreement with EnStream
BlackBerry has struck a three-year mobile payment agreement with EnStream, a joint venture between Canada's three biggest telecom companies, Bell (TSX:BCE), Rogers Communications (TSX:RCI.B) and Telus...
View ArticleCanadian home prices up in May, rising 0.8 per cent: Teranet housing index
MONTREAL - Canadian home prices were up in May, rising 0.8 per cent over the previous month, according to the Teranet–National Bank National Composite House Price Index.Prices rose in Hamilton, Quebec...
View ArticleUS businesses boost stockpiles 0.6 per cent in April, largest gain in 6...
WASHINGTON - U.S. businesses increased their stockpiles in April by the largest amount in six months, signalling business optimism that future demand will keep rising.The Commerce Department says...
View ArticleHousing Crash Still Bank Of Canada's Top Worry
OTTAWA - The Bank of Canada continues to sound the alarm about the country's housing market, adding the risk of failures in the Chinese financial system and higher long-term interest rates from the...
View ArticleAttention, American expats in Canada: The IRS has it's eyes on you
CALGARY - Jeff Fortin has been living in this country since he was a boy, but every year he endures the drudgery of filing both a U.S. and Canadian tax return."You go through the exercise, which I can...
View ArticleUS stock market remains lower at midday on so-so economic data and weaker...
U.S. stocks are falling at midday as lacklustre news about the economy and declines in airline stocks weigh on the market.The Dow Jones industrial average was down 62 points, or 0.4 per cent, to 16,780...
View ArticleStarbucks putting wireless charging pads in more stores; plans rollout to all...
NEW YORK, N.Y. - Soon you may not have to fumble or fight for a power outlet to charge your phone at your neighbourhood Starbucks.Starbucks and Duracell say they are rolling out Powermat wireless...
View ArticleFatigue blamed for wheel failure in New Brunswick train derailment: safety board
PLASTER ROCK, N.B. - The Transportation Safety Board says fatigue caused a wheel to fail on a freight train that derailed earlier this year in northern New Brunswick, sparking a fire that burned for...
View ArticleOil rises above $107 as Iraq fighting sparks supply fears
Oil rose above US$107 a barrel Friday as Iraq's widening insurgency raised the risk that plans to expand oil output from the No. 2 OPEC producer could be derailed.Oil prices have risen to 10-month...
View ArticleAlaska weather service outposts to join nation with radio forecasts told in...
ANCHORAGE, Alaska - Two outpost offices of the National Weather Service in Alaska are finally ending what has been a bygone practice for most of the nation for almost two decades — using real human...
View ArticleNorth American markets gain as oil prices rise to near $107 a barrel
TORONTO - North American markets rallied Friday as the price of oil hit nearly US$107 a barrel amid concerns that crude supplies could be put at risk if the insurgency in Iraq continues.The S&P/TSX...
View ArticleUS producer prices slipped 0.2 per cent in May in sign of tame inflation
WASHINGTON - The prices U.S. companies receive for their goods and services fell in May, offering evidence that inflation is mild.The producer price index, which measures the cost of goods and services...
View ArticleManufacturing sales off 0.1%, but pick-up in volumes to add to GDP growth
OTTAWA - Canada's key factory sector saw sales decline slightly in April, but a 0.4 per cent increase in volume output took the sting out of the unexpectedly soft performance Friday.Especially...
View ArticlePriceline to pay $2.6 billion tab to buy online restaurant reservation...
NEW YORK, N.Y. - Priceline has negotiated a $2.6 billion entree into the restaurant business.The global travel booking king announced Friday it is acquiring the OpenTable Inc. in a deal that would put...
View ArticleINTERVIEW: Kirstine Stewart Of Twitter Canada Talks About Spreading Wings,...
A lot of hashtags have happened since Twitter set up shop in Canada a year ago -- from #Wearewinter to #Inadrunkenstupor, Canadians have expressed national highs and lows together in 140 characters or...
View ArticleLoonie's Value Changes Little As Conflict In Iraq Intensifies
TORONTO - The Canadian dollar fell Friday, as the conflict in Iraq intensified and triggered fears that oil supplies from the Middle Eastern country may be at risk.The loonie faded 0.10 of a cent to...
View ArticleOnline Privacy: Supreme Court Says Warrant Needed For Internet Info
OTTAWA — Police need a search warrant to get information from Internet service providers about their subscribers' identities when they are under investigation, the Supreme Court of Canada ruled Friday....
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