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Court monitor to review Sears Canada payout of dividends while company was in the red

Court monitor to review Sears Canada payout of dividends while company was in the red

Handsome dividends paid to Sears Canada shareholders even as the company was faltering and its employee pension fund was running a deficit are being reviewed by the court-appointed monitor handling…

‘Right thing to do’: JJ Bean gives Ontario minimum wage to Vancouver staff

‘Right thing to do’: JJ Bean gives Ontario minimum wage to Vancouver staff

Regular JJ Bean customers may have noticed that the price of a full-bodied cup of Railtown has risen by a few cents. The company, which has stores in Toronto and…

Canadian family pours billions into ‘risky’ U.S. destination mall

Canadian family pours billions into ‘risky’ U.S. destination mall

?The U.S. has far too many malls for the e-commerce era. By one estimation, one in three is expected to close within the next decade. But the Canadian family behind…

$60 oil returns to Calgary but ‘boom’ talk does not

$60 oil returns to Calgary but ‘boom’ talk does not

The first time oil topped $ 60 US per barrel, it was as though a spark had ignited the Calgary economy. When the historic benchmark was breached in June 2005, Calgarians,…

Canadian sales of light trucks, cars top 2 million for 1st time

Canadian sales of light trucks, cars top 2 million for 1st time

Canadian sales of light vehicles rose by 4.6 per cent in 2017, cracking 2 million units for the first time, thanks to record strength in truck sales. According to a report…

Facebook team equips political players to build winning campaigns

Facebook team equips political players to build winning campaigns

“It’s not Facebook’s job, in my opinion, to be so close to any election campaign,” said Elizabeth Linder, who started and ran the Facebook politics unit’s Europe, Middle East and…

OPEC intrigue and rising gasoline prices will ensure 2018 isn’t boring

OPEC intrigue and rising gasoline prices will ensure 2018 isn’t boring

An important year in the energy sector lies ahead, with pipeline disputes, OPEC trying to keep a grip on oil prices and a lot of U.S. natural gas about to flood the…

Are you ready for your TV to watch you?

Are you ready for your TV to watch you?

Since the dawn of television broadcasting, Canadian households have been served a nearly identical lineup of commercials, with program ratings the tool used by marketers to help them reach a…

Impending demise of Cavendish banana offers case for biodiversity

Impending demise of Cavendish banana offers case for biodiversity

The bananapocalypse is coming. That’s the likelihood that sometime in the next decade bananas may disappear, victims of a fungal pathogen known as Panama Disease. The disease is on the…

OMERS pension plan selling Ontario-based Husky IMS International in $3.85-billion deal

By The Canadian Press Mon., Dec. 18, 2017 The private equity investment arm of the OMERS pension plan says it and Berkshire Partners are selling plastics firm Husky IMS International…

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