CBC | Business News

    Western oil price rally unlikely to last after curtailments begin: expert panel

    Western oil price rally unlikely to last after curtailments begin: expert panel


    The differential tightened to as little as $10.25 US on Tuesday and was flat at $12.25 US on Thursday for barrels to be delivered in January, according to Calgary trader Net...

    The differential tightened to as little as $10.25 US on Tuesday and was flat at $12.25 US on Thursday for barrels to be delivered in January, according to Calgary trader Net Energy.

    37% of Vancouverites think real estate market is 'extremely corrupt': report

    37% of Vancouverites think real estate market is 'extremely corrupt': report


    According to a Transparency International Canada report on perceptions of domestic corruption, 37 per cent of those living in the Metro Vancouver area would describe the real estate sector as “extremely...

    According to a Transparency International Canada report on perceptions of domestic corruption, 37 per cent of those living in the Metro Vancouver area would describe the real estate sector as “extremely corrupt."

    Enbridge pipeline foes look past regulators after another loss in Minnesota

    Enbridge pipeline foes look past regulators after another loss in Minnesota


    The Public Utilities Commission unanimously rejected petitions by environmental and Native American groups that asked the panel to reconsider its 3-2 decision in June to approve a route permit for the line across northern...

    The Public Utilities Commission unanimously rejected petitions by environmental and Native American groups that asked the panel to reconsider its 3-2 decision in June to approve a route permit for the line across northern Minnesota.

    Canada's relationship with Trump reaches a 'new level of frustration' over Huawei comments

    Canada's relationship with Trump reaches a 'new level of frustration' over Huawei comments


    Canada's relationship with Donald Trump has reached a "new level of frustration" after the U.S. president's comments this week on the arrest of Huawei's chief financial officer, according to a senior...

    Canada's relationship with Donald Trump has reached a "new level of frustration" after the U.S. president's comments this week on the arrest of Huawei's chief financial officer, according to a senior source.

    U by Kotex Sleek tampons recalled in Canada and U.S.

    U by Kotex Sleek tampons recalled in Canada and U.S.


    Kimberly-Clark announces a recall of regular absorbency U by Kotex Sleek Tampons after reports of they came apart while being removed from the...

    Kimberly-Clark announces a recall of regular absorbency U by Kotex Sleek Tampons after reports of they came apart while being removed from the body.

    Apple to open $1B campus in Austin, Texas

    Apple to open $1B campus in Austin, Texas


    The tech giant said Thursday that the new campus will open with 5,000 positions in engineering, research and development, operations, finance, sales and customer support. The site, according to Apple, will have the capacity to eventually accommodate...

    The tech giant said Thursday that the new campus will open with 5,000 positions in engineering, research and development, operations, finance, sales and customer support. The site, according to Apple, will have the capacity to eventually accommodate 15,000 employees.

    'I wouldn't go': Chinese detentions prompt Canadian businesses to rethink travel plans

    'I wouldn't go': Chinese detentions prompt Canadian businesses to rethink travel plans


    Escalating fears of retaliation after Canada detained a high-ranking Chinese business executive have prompted some Canadian business leaders to think twice before going to China on...

    Escalating fears of retaliation after Canada detained a high-ranking Chinese business executive have prompted some Canadian business leaders to think twice before going to China on business.

    AltaGas shares soar after it cuts dividend, announces new round of asset sales

    AltaGas shares soar after it cuts dividend, announces new round of asset sales


    Shares in AltaGas Ltd. soared on Thursday morning after it announced it will slash its dividend by 56 per cent and sell its remaining majority stake in a B.C. hydroelectric power operation for $1.39...

    Shares in AltaGas Ltd. soared on Thursday morning after it announced it will slash its dividend by 56 per cent and sell its remaining majority stake in a B.C. hydroelectric power operation for $1.39 billion.

    Toronto, Vancouver most 'vulnerable' to interest rate hikes: CMHC

    Toronto, Vancouver most 'vulnerable' to interest rate hikes: CMHC


    Canadians living in the country's two largest cities may find themselves more "vulnerable" to interest rate increases as personal debt levels in Toronto and Vancouver continue to hit record levels, warns a Canada Mortgage Housing Corporation...

    Canadians living in the country's two largest cities may find themselves more "vulnerable" to interest rate increases as personal debt levels in Toronto and Vancouver continue to hit record levels, warns a Canada Mortgage Housing Corporation report.

    Q&A: The case for more Alberta refineries

    Q&A: The case for more Alberta refineries


    CBC News speaks with the chair of North West Refining about why Premier Notley's pitch for more refineries makes sense for Alberta and...

    CBC News speaks with the chair of North West Refining about why Premier Notley's pitch for more refineries makes sense for Alberta and Canada.

    Some hard truths for Western politicians on Quebec, equalization and oil

    Some hard truths for Western politicians on Quebec, equalization and oil


    Quebec's equalization share is the focus of criticism again, but there are some things worth remembering about how the federal program...

    Quebec's equalization share is the focus of criticism again, but there are some things worth remembering about how the federal program works.

    7-day holiday work weeks highlight pay disparity between urban, rural mail carriers

    7-day holiday work weeks highlight pay disparity between urban, rural mail carriers


    Some Canada Post employees are working seven days a week to clear a six-million-parcel backlog, but they aren't all earning the same kind of pay for working...

    Some Canada Post employees are working seven days a week to clear a six-million-parcel backlog, but they aren't all earning the same kind of pay for working overtime.

    Total number of new mortgages slumped in second quarter, says CMHC

    Total number of new mortgages slumped in second quarter, says CMHC


    Rising interest rates and slower income and population growth helped temper demand for new mortgages in the second quarter, according to Canada Mortgage Housing...

    Rising interest rates and slower income and population growth helped temper demand for new mortgages in the second quarter, according to Canada Mortgage Housing Corp.

    Via Rail places $989M train order with Germany's Siemens instead of Bombardier

    Via Rail places $989M train order with Germany's Siemens instead of Bombardier


    Via Rail has selected Germany's Siemens over Bombardier Inc. for a $989 million contract to build new rolling stock as the Canadian passenger rail service renews its fleet of locomotives and cars for the rail corridor between Quebec City and Windsor,...

    Via Rail has selected Germany's Siemens over Bombardier Inc. for a $989 million contract to build new rolling stock as the Canadian passenger rail service renews its fleet of locomotives and cars for the rail corridor between Quebec City and Windsor, Ont.

    Competition Bureau checks WestJet's discount airline Swoop for predatory pricing

    Competition Bureau checks WestJet's discount airline Swoop for predatory pricing


    Canada's competition watchdog is looking into whether or not WestJet's discount carrier Swoop has been offering airline tickets at below cost to push rivals...

    Canada's competition watchdog is looking into whether or not WestJet's discount carrier Swoop has been offering airline tickets at below cost to push rivals out.

    Online ads spoil Christmas surprises, raising privacy concerns

    Online ads spoil Christmas surprises, raising privacy concerns


    Social media users say they're being burned by online advertisements spoiling "surprise" gifts by popping up in front of the intended recipient. That's because of data collected through online tracking by companies like Google and...

    Social media users say they're being burned by online advertisements spoiling "surprise" gifts by popping up in front of the intended recipient. That's because of data collected through online tracking by companies like Google and Facebook.

    Why Rachel Notley's refinery pitch won't solve the oilpatch's problem

    Why Rachel Notley's refinery pitch won't solve the oilpatch's problem


    Alberta's premier wants to see a new oil refinery built in the province. But experts say Alberta already has more refinery capacity than it needs and the biggest problem facing the province's oilpatch remains unsolved — a lack of export pipeline...

    Alberta's premier wants to see a new oil refinery built in the province. But experts say Alberta already has more refinery capacity than it needs and the biggest problem facing the province's oilpatch remains unsolved — a lack of export pipeline space.

    'Let's stop the talk and start acting': Alberta seeks proposals for new oil refinery

    'Let's stop the talk and start acting': Alberta seeks proposals for new oil refinery


    The Alberta government is issuing a request for expressions of interest from the private sector to build a refinery in the province that would use oil extracted...

    The Alberta government is issuing a request for expressions of interest from the private sector to build a refinery in the province that would use oil extracted here.

    Chinese shoppers take aim at Canada Goose as Huawei story prompts boycott talk

    Chinese shoppers take aim at Canada Goose as Huawei story prompts boycott talk


    Canada Goose shares have fallen for five days in a row after the outdoor apparel maker became a target of Chinese consumers upset by the arrest of a high-ranking technology executive in...

    Canada Goose shares have fallen for five days in a row after the outdoor apparel maker became a target of Chinese consumers upset by the arrest of a high-ranking technology executive in Canada.

    Huawei's CFO walks free on $10M bail as she awaits extradition proceedings

    Huawei's CFO walks free on $10M bail as she awaits extradition proceedings


    Huawei's chief financial officer will be released on $10 million bail — with five guarantors — as she awaits possible extradition to the United States on fraud charges, a B.C. Supreme Court justice has...

    Huawei's chief financial officer will be released on $10 million bail — with five guarantors — as she awaits possible extradition to the United States on fraud charges, a B.C. Supreme Court justice has ruled.