Skip to content

National Business

Woodstock 50 plans roll on; court nixes cancellation bid

Woodstock 50 plans roll on; court nixes cancellation bid

NEW YORK — The Woodstock 50 festival is back on after a court rebuffed an ex-investor's effort to cancel the anniversary extravaganza — but organizers will have to do without some $18 million, at least for now.
Falco, Perrette, Chuck Lorre sitcom set for new CBS season

Falco, Perrette, Chuck Lorre sitcom set for new CBS season

NEW YORK — Broadcaster CBS is pushing the boundaries — gently — next season, as it and other networks navigate the rise of streaming.
North American stocks close higher, loonie climbs after inflation figures released

North American stocks close higher, loonie climbs after inflation figures released

TORONTO — Canada's main stock index closed higher Wednesday along with U.S. markets, led by gains in the tech sector. The market gains came as the hit from heightened trade tensions between the U.S.

Atco wins $70M contract to house workers cleaning up after Paradise wildfire

CALGARY — A second Canadian company is going to Paradise to help rebuild the community nearly destroyed by last November's devastating northern California wildfires. Calgary-based Atco Ltd.

Keyera stock rises after it green-lights $1.3-billion Alberta liquids pipeline

CALGARY — Shares in Keyera Corp. rose by as much as nine per cent after it announced it will proceed with a long-anticipated $1.3-billion pipeline to bring natural gas liquids from northwestern Alberta to market.
Aurora Cannabis growing storage to prepare for derivatives launch next fall

Aurora Cannabis growing storage to prepare for derivatives launch next fall

Aurora Cannabis Inc. is building up inventory in anticipation of the legalization of edibles and vaping products next fall, but insists that won't interrupt its sales growth and march to profitability.

CPP Investment Board posts 8.9% return for 2018-19, adds $35.9B to assets

TORONTO — Canada Pension Plan Investment Board recovered from a weak quarter in late 2018 to produce a solid 8.9 per cent net return for its most recent financial year.
N.S. mine where roof collapsed allowed limited production increase

N.S. mine where roof collapsed allowed limited production increase

DONKIN, N.S. — Nova Scotia's Labour Department has allowed a limited increase in production at Canada's only operating underground coal mine after a series of roof collapses last year.
Restaurant Brands plans to grow to more than 40K restaurants in the coming years

Restaurant Brands plans to grow to more than 40K restaurants in the coming years

The parent company of Tim Hortons plans to grow its three fast-food chains to more than 40,000 locations around the world over the next eight to 10 years.
American Express buys restaurant reservation service Resy

American Express buys restaurant reservation service Resy

NEW YORK — American Express is buying the online reservation startup Resy, the companies announced Wednesday, the latest move by AmEx to establish and maintain a foothold for its card members in some of the world's most desired restaurants.