Facebook announces changes to political advertising to meet new federal rules

Facebook announces changes to political advertising to meet new federal rules

OTTAWA—Facebook is launching a new advertisement library that will capture detailed information about political ads targeted at voters in Canada, including who pays for them and whom they target. The move is part of the social-media giant’s response to changes the Trudeau government has made to Canada’s election laws aimed at stopping bad actors — […]

Newcrest adds $806.5M mine as gold M&A spree rolls on

Newcrest adds $806.5M mine as gold M&A spree rolls on

Newcrest Mining Ltd., the third-biggest gold producer by market value, agreed a $ 806.5 million (U.S.) deal to control an Imperial Metals Corp. mine in Canada, extending the spree of deal-making in the sector. Melbourne-based Newcrest, with assets in Australia, Indonesia and Papua New Guinea, will acquire a 70 per cent joint-venture interest in the […]

Tim Hortons franchisees to receive settlement offer in two class-actions

Tim Hortons franchisees to receive settlement offer in two class-actions

Some 1,500 Canadian Tim Hortons franchisees will receive a copy of a proposed settlement in two class-action lawsuits against their parent company Friday that could wrap up a long-standing battle between the coffee-and-doughnut chain and some of its restaurant owners. “The settlement agreement allows us to move forward with all our franchisees focused on the […]

Can a 34-year-old Canadian business school dropout rescue Britain's HMV?

Can a 34-year-old Canadian business school dropout rescue Britain's HMV?

British newspapers are calling Doug Putman a “saviour” who will rescue the nation’s iconic music brand, HMV. But don’t tell him that.  “I’m starting to blush,” says the 34-year-old entrepreneur with a shy smile, standing inside one of the 85 Sunrise Records stores he owns in Canada. “I just keep saying I feel lucky that we […]

Who will lead if the Liberals toss Trudeau?

Who will lead if the Liberals toss Trudeau?

It’s not too soon to speculate about who will lead the federal Liberals in the scheduled October election. The possibility of a Liberal caucus revolt cannot be discounted. Margaret Thatcher was ousted by a caucus fearful that its unpopular leader would lead it to electoral defeat – the scenario now facing Prime Minister Justin Trudeau. […]

Canada's economy slowed to a crawl to finish 2018

Canada's economy slowed to a crawl to finish 2018

Canada’s economy shrank by 0.1 per cent in December and got smaller in three of the previous four months. Statistics Canada reported Friday that the service sector eked out a 0.2 per cent expansion in December, but that was offset by a 0.7 per cent decline in goods-producing industries. Manufacturing shrank by 0.7 per cent, its […]

HBC president Alison Coville to step down, company says

HBC president Alison Coville to step down, company says

Alison Coville, the president of iconic retailer Hudson’s Bay, is stepping down. Hudson’s Bay Co., its Toronto-based parent company which also owns Saks Fifth Avenue and Lord and Taylor stores, did not give a reason for Coville’s departure. A release from HBC says Coville’s exit will be effective Mar. 1 and that the company will […]

New in the Oscars 2019 swag bag? All kinds of cannabis loot

New in the Oscars 2019 swag bag? All kinds of cannabis loot

There’s a little something different in the swag bags that Oscar-nominated actors will receive this year — a range of cannabis products and services from five companies, including one from a Canadian company. The “Everyone Wins” gift bags are sent to all 25 nominees in the acting categories, and — although not officially sanctioned by […]

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