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Bombardier to be dropped from S&P/TSX composite index, shares down
TORONTO — Bombardier Inc. shares tumbled nearly 12 per cent Monday after news that it will be dropped from the S&P/TSX composite index, adding to the plane-and-train maker's list of woes.
Jun 15, 2020 4:59 PM
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Federal Court awards Ski-Doo maker BRP $3M in damages after patent violation
OTTAWA — A Federal Court judge has ruled that Ski-Doo maker BRP Inc. is entitled to $2.83 million in damages from rival Arctic Cat Inc. due to a snowmobile patent infringement.
Jun 15, 2020 4:50 PM
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Cineplex plans to reopen cinemas, while shares suffer over failed Cineworld deal
TORONTO — Cineplex Inc. is inching towards a gradual reopening of its Canadian theatres, starting in Alberta later this month before going wider across the country in early July.
Jun 15, 2020 4:31 PM
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Shopify and Walmart team up to take on shared competitor: Amazon.com
Shopify Inc. is upping the ante in its battle against Amazon.com Inc. by aligning itself Walmart Inc. in its fight with the Seattle online retailer.
Jun 15, 2020 3:13 PM
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May home sales up compared with April, but still well below year-ago level
OTTAWA — Sales of residential properties in May were up from a record low in April, but were still down 39.8 per cent from the same month last year, the Canadian Real Estate Association reported Monday.
Jun 15, 2020 1:24 PM
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J.D. Irving to begin work in July on $35M sawmill expansion in Doaktown, N.B.
DOAKTOWN, N.B. — J.D. Irving Ltd. says work will get underway next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.
Jun 15, 2020 1:20 PM
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Statistics Canada says manufacturing sales posted record plunge in April
OTTAWA — Canadian manufacturing sales fell by a record amount in April, the first full month of physical distancing measures in the wake of COVID-19, but sales are expected to regain at least some ground in May as factories moved to resume production
Jun 15, 2020 11:47 AM
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Nissan banks on new Rogue small SUV to begin US comeback
DETROIT — There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States.
Jun 15, 2020 11:29 AM
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BP takes $17.5B hit as pandemic accelerates emissions cuts
LONDON — Energy company BP is writing down its oil and gas assets by as much as $17.
Jun 15, 2020 11:28 AM
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Employee care key to brand reputation during COVID-19, consumer survey finds
As the COVID-19 pandemic shut down large parts of the economy and upended the way many companies do business, Canadian consumers were watching, and judging.
Jun 15, 2020 10:52 AM
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