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Economy – Macleans.ca

Field of broken Boeing dreams 2019-07-26 13:31:45Image of the Week: The aerospace giant thinks these Max 8s will fly again by October. Does anyone else? The post Field of broken Boeing dreams appeare

The new Tim Hortons lid is a huge 2019-07-22 15:16:37Customer reviews thus far diverge wildly, from glowing declarations of thanks to desperate pleas for a return to the old lid but an expert is solidly

The rise of Alberta’s unapologetic petro-patriots 2019-07-15 14:20:43Legions of Albertans are showing their allegiance to oil by wearing their hearts on their sleeves (and caps and T-shirts and hoodies). Is it a defensi

What the skyrocketing popularity of Beyond Meat means 2019-07-12 10:59:24The company and its many competitors are normalizing plant-based meat alternatives. But what will this shift mean for the meat industry? The post What

Harbour Air: The airline on the path to 2019-07-11 15:51:02With regulatory approval, the world’s first ever commercial flight of an electric plane with paying customers could happen in 2021 The post Harb

What we can learn from British Columbia’s transportation 2019-07-10 17:23:16John Lorinc: The commerce of ride-hailing, delivered by tech giants Uber and Lyft, exploded in Toronto before we could get a handle on it The post Wha

Canadians are upbeat about the economy—but jittery about 2019-07-09 13:54:02A new Pollara survey uncovers a mixed mood that offers openings for contrasting economic pitches in the upcoming federal election The post Canadians a


Union says closing N.S. pulp mill would cost 2019-08-07 13:27:52Northern Pulp under January provincial deadline to fix or shut down a treatment facility that sends effluent into Boat Harbour near a Mi’kmaq co

Canadian heavy equipment giant Finning reports rise in 2019-08-07 12:50:33The Vancouver-based company — which also operates Caterpillar dealerships abroad — reports $88M in net income on $2 billion in net revenue

Ontario woman files suit on behalf of Canadians 2019-08-07 12:43:02

Canada Pension takes control of Hwy. 407 after 2019-08-07 12:20:00SNC-Lavalin agreed to sell a 10.01 per cent stake in the Toronto toll road for as much as $3.25 billion in cash to the Canadian pension fund, the comp

High Liner shares drop as Q2 net earnings 2019-08-07 12:15:16

Fido launches data overage protection feature 2019-08-07 12:04:24Fido will pause customers’ data access once they reach their monthly limit.

Canadians benefit from independent ISPs competing with big 2019-08-07 12:00:29

Home Capital beats expectations as second-quarter earnings surge 2019-08-07 11:38:30

Josh Kushner’s Thrive Capital makes first marijuana investment 2019-08-07 11:31:24The venture capital firm is leading a $35-million (U.S.) fundraising round for LeafLink, a New York-based online marketplace for wholesale buyers and

North American markets open lower as U.S./China trade 2019-08-07 11:28:52

Overseas public sector issuers eye loonie market 2019-08-07 11:16:24This comes after a strong reception of transactions from the World Bank and the European Investment Bank last month.

Uber wants to sell you train tickets. And 2019-08-07 11:14:47As the company seeks new growth, it has teamed up with cities and transit agencies in the United States, Canada, Britain and Australia to provide tick

: Money

Anxiety over Trump’s trade war with China causes 2019-08-05 16:41:29China let its currency, the yuan, drop to its lowest level against the dollar in more than a decade, a move that Trump railed against as “curren

Housing affordability: What has the Trudeau government done 2019-08-05 08:00:51Whether you're a homebuyer or renter, here's a review of major Liberal initiatives on housing affordability

This 30-something Canadian couple retired and has been 2019-08-03 06:00:44Kristy Shen and Bryce Leung have written a book about how they managed to quit their jobs. They argue anyone can do it.

SNC Lavalin cuts dividend by 80% amid $2B 2019-08-02 12:17:16SNC-Lavalin's share price fell more than nine per cent Thursday to close at $18.92, its lowest level since January 2005.

Quebec is making credit card users make higher 2019-08-02 09:23:13Quebec's new rules are a first in Canada but could potentially be adopted more widely amid concern about skyrocketing levels of consumer debt.

U.S. Federal reserve cuts interest rates for the 2019-07-31 14:40:38The central bank said it will act 'as appropriate' to sustain a record-long U.S. economic expansion, appearing to leave the door open for another cu

Canada’s GDP up 0.2% in May GDP as 2019-07-31 09:17:23The gain was above economists' expectations.

A better kind of timeshare? Why millennials are 2019-07-27 06:00:25Young buyers are pooling their cash with family and friends to gain a toehold in the recreational property market.

WestJet swings to profit in second quarter ahead 2019-07-26 18:39:25WestJet Airlines Ltd. says it swung to a profit in the second quarter ahead of Onex Corp. taking the airline private in a $3.5-billion deal.

Alberta oilsands mine in public interest despite ‘significant 2019-07-25 22:49:12A federal-provincial panel says a proposed northeastern Alberta oilsands mine would be in the public interest, even though it would likely significant

Canada Business - The

These Cannabis Brands' Names Look Suspiciously Familiar... 2019-08-04 12:16:55With the marijuana business hitting new ― ahem ― highs on a daily basis, one of the biggest headaches in the business is simply finding a

Spin Master, Canadian Toymaker, Accelerates Move Out Of 2019-08-02 12:26:52TORONTO — Spin Master Corp. says it has accelerated plans to diversify production out of China as a trade dispute between the world’s two

Canada Goose Shares Fall After It Pulls Back 2019-08-02 12:17:24MONTREAL ― Canada Goose shares fell for a second straight day Friday amid reports the company has backed off some of its claims that it sources

How To Protect Your Privacy In The Wake 2019-08-01 16:11:09If you’re a victim of the Capital One data breach, you may be asking yourself what you can do about it now.  “Unfortunately, as

Air Transat Passengers Stuck On Tarmac Would Get 2019-08-01 12:46:14Air Transat passengers who endured a stifling six-hour wait on the tarmac at Rome’s airport will be compensated hundreds of dollars for the dela

Oilsands CEOs Buy Full-Page Ads Urging Public To 2019-08-01 11:07:47CALGARY ― Three of Canada’s biggest oilsands producers are going directly to voters today to ask them to “influence the outcome&rdqu

'Internet Code Of Conduct' Aims To End Bill 2019-07-31 17:10:19Canada’s telecom regulator has unveiled a new set of rules for the country’s major internet providers, in an effort to reduce “bill

Sobeys Ditching Plastic Bags In Grocery Stores By 2019-07-31 06:59:24Shoppers at Sobeys Inc. grocery stores will soon need to bring their own totes or lug their purchases home in paper bags as the chain moves to ph

What To Do If You're A Victim Of 2019-07-30 17:32:20Equifax, Desjardins and Capital One are just some of the major companies that have seen data breaches affecting Canadian customers. Here’s

Juul Opens 1st Retail Store In North America 2019-07-30 07:06:29TORONTO — E-cigarette maker Juul is opening its first retail store in Canada amid mounting concern about the brand’s role in the rise of t

Capital One Credit Data Breach Affected 6 Million 2019-07-29 21:14:30A massive data hack at credit card giant Capital One Financial has compromised the personal data of roughly six million Canadians and exposed one mill

Negative Interest Rates: Someday The Bank May Pay 2019-07-29 16:55:34Cue a familiar record: Canada has an epic housing bubble. Analysts at Bloomberg News recently put together a new index of housing bubble risk and foun

CBC | Business News

Newspaper chain GateHouse buying USA Today owner Gannett 2019-08-05 15:42:25Two of the largest newspaper companies in the United States have agreed to combine in the latest deal driven by the industry's struggles with a decli

HSBC CEO John Flint steps down as bank 2019-08-05 13:55:16Bank HSBC on Monday announced the surprise departure of CEO John Flint after just 18 months, saying new leadership was needed amid increasing economic

Japan's NEC shows off a 'flying car' that 2019-08-05 10:43:40A test flight for a new, car-size flying drone that could one day autonomously deliver packages reached three metres high and lasted about 45 seconds

New York stock indexes hammered as China allows 2019-08-05 10:36:51New York stock indexes plunged three per cent Monday, as investors continued to deal with the fallout of the China-U.S. trade war.

Drug industry urges Canada to move against U.S. 2019-08-05 09:50:42Canada's main pharmaceutical lobby group is urging the government not to wait for drug shortages before responding to U.S. plans to import Canadian d

Chinese yuan falls to 11-year low amid trade 2019-08-05 08:41:11China's yuan fell below the politically sensitive level of seven to the U.S. dollar on Monday, adding to trade tension with Washington.

Iran seizes Iraqi oil tanker it claims was 2019-08-04 16:00:46Iranian Revolutionary Guards seized an Iraqi oil tanker in the Gulf which they said was smuggling fuel and detained seven crewmen, Iran's state media

'It was horrible': Sunwing passengers booked via FlightHub 2019-08-04 04:00:00Two Sunwing passengers who booked their flights using travel agency FlightHub found out at the airport that their flight no longer existed. Following

It may look like a Zamboni but this 2019-08-03 04:00:00It may look a little like a Zamboni, but a Saskatchewan farmer has unveiled a machine that will target weeds with steam, not herbicides.

CRTC tells wireless companies to stop offering 3-year 2019-08-02 15:49:31Canada's telecom regulator is asking major wireless companies to stop offering cellphone plans in which the cost of the phone is spread out over thre

Ed Sheeran sets all-time highest-grossing tour record at 2019-08-02 14:00:17Trade publication, Pollstar, confirms British singer Ed Sheeran's Divide tour will set the all-time highest-grossing tour record.

Crude curtailment 'no way to run a railroad,' 2019-08-02 12:19:14Alberta's oil curtailment program has worked to reduce inventories that had resulted in steep discounts in local oil prices, but it has hurt crude-by

Christian Science Monitor |

China's yuan falls to lowest level in 11 2019-08-06 12:08:18Falling to nearly 14 cents to the dollar, the yuan's currency devaluation could become another tool in an ongoing trade war with the U.S. 

Who’s the boss? In worker-owned cooperatives, everyone is. 2019-08-06 12:08:18For 12% of U.S. workers, employee-owned co-ops offer a path to economic equality that resonates with socialists, liberals, and conservatives

Flagship stores lose luster, companies turn focus online 2019-08-06 12:08:18Gap, Tommy Hilfiger, and Polo Ralph Lauren have all left Fifth Avenue in New York. Other retailers are adapting to the changing ways customers shop.&n

Rate cuts with little risk? The unexpected taming 2019-08-06 12:08:18For the first time since the Great Recession, the Federal Reserve cut interest rates on Tuesday by a quarter of a point.

Why wealth and patience appear to go hand 2019-08-06 12:08:18Patience is often thought of in terms of social interactions. But the ability to bide one’s time also plays into national economics.

Trump has nothing to fear but fear itself. 2019-08-06 12:08:18Can a new budget deal, a rate cut, and no escalation in the China trade war keep recession at bay?

Why cattle and ecotourism combine on one Nebraska 2019-08-06 12:08:18Between tariffs and low grain prices, U.S. farmers are facing their toughest conditions in decades. Many are finding entrepreneurial ways to survive.&

Maine networks support young farmers, before they drop 2019-08-06 12:08:18Isolation and financial hardship take a toll on new farmers. In Maine, a program connects still-green farmers with mentors, know-how, and ea

Trade war slows Chinese economy to lowest rates 2019-08-06 12:08:18As economic growth falls to its lowest levels in more than a quarter-century, China is facing pressure to resolve an ongoing trade war with the U.S.&n

Around the world, investors value social, environmental impacts 2019-08-06 12:08:18Investors may value more than just financial profit. Markets for socially and environmentally mindful companies are opening across the world.

Farmers grow the food. But who’s helping new 2019-08-06 12:08:18Access to land is a major barrier to entering farming. One solution is land-link programs that pair landowners with those starting out.

Rural America faces housing shortage. How one town 2019-08-06 12:08:18Rent assistance is drying up for many rural housing projects. Construction costs keep rising. Yet many rural communities need to attract more workers.

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