CBC | Business News
Concern that there's too much oil for a slowing global economy sent a tremour through oil markets Tuesday, as the benchmark price for North American crude fell more than seven per cent to its lowest level since the summer of 2017.
Tilray Inc. shares jump after the B.C.-based company takes another step to strengthen its medical marijuana business outside Canada through a new collaboration with Novartis pharmaceutical group's Sandoz AG.
A panel at the Ontario Securities Commission has approved a $30-million settlement with Katanga Mining over the company's misleading statements and its failure to properly disclose the risks of operating in the Democratic Republic of the Congo.
The federal government is promising more than $1.6 billion — most of it in loans — to support the ailing energy sector, but it's unlikely to snuff heightened political tension between Ottawa and Alberta.
Canada Post says its normal holiday service commitments are being restored across most of the country, except the West Coast.
General Dynamics on Monday put pressure on Ottawa over the sale of armoured vehicles to Saudi Arabia, warning that the federal government would incur "billions of dollars of liability" by unilaterally scrapping the deal.
The online retail behemoth says the jobs will be in fields including software development, machine learning and cloud computing.
Statistics Canada says manufacturing sales fell 0.1 per cent in October to $58.2 billion, a weaker report than economists expected. The decline came as sales in the wood product and primary metal industries fell, offset in part by higher sales in the food and machinery industries.
Canada has the world's fifth largest artificial intelligence workforce, but is still far from closing the gender gap and, for the second consecutive year, is 16th overall across all sectors in rankings compiled by World Economic Forum in its Global Gender Gap Report 2018.
Chinese technology giant Huawei Technologies said on Tuesday it has secured more than 25 commercial contracts for 5G, the largest in the world, and has shipped more than 10,000 base stations for the fifth generation of mobile communications.
Falling real estate costs were supposed to attract buyers who had been priced out of the market. But that's not usually how markets work.
Transport Canada has unveiled a draft of new rules to protect air passengers. Critics question why, after two years in the making, those rules have yet to take effect.
Several Chinese automakers planning to expand production into Canada have put their plans on hold over the Vancouver arrest of Chinese telecom giant Huawei’s CFO, says Flavio Volpe, president of the Canadian Automotive Parts Manufacturers’ Association.
New York’s Dow Jones Industrial Average fell 507 points or 2.1 per cent Monday, and the TSX was at a two-year low as investors turned cautious ahead of an expected announcement from the U.S. Federal Reserve.
The country's three national wireless carriers have agreed to offer "broad range" data-only plans through their second- and third-tier brands, including $30-per-month plans with more megabytes than previously suggested, the industry's federal regulator said Monday.
Alimentation Couche-Tard Inc. and CrossAmerica Partners LP have signed a deal to swap convenience and gas station assets in the United States.
About 19 per cent of Canadian women and 13 per cent of men reported being harassed in the workplace, with the highest level of harassment in health-care jobs, according to Statistics Canada.
Boeing is buying a majority stake in Embraer's commercial aircraft and services operations for $4.2 billion.
National home sales are projected to fall to a near decade low in 2019, as rising interest rates and strict mortgage stress-test rules continue to put a damper on homebuyer sentiment, according to the Canadian Real Estate Association.