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Inflation rate drops to 1.7% in April, driven by lower energy prices after carbon tax removal

Canada's inflation rate eased to 1.7 per cent in April, driven by a drop in prices after the federal government removed the consumer carbon tax,...

Strathcona Resources makes stock-and-cash takeover offer for MEG Energy

Strathcona Resources Ltd. is making an unsolicited takeover offer for oilsands producer MEG Energy Corp. that values the company at about $5.9 billion.The stock-and-cash...

Small businesses gear up for another possible Canada Post strike

Small businesses and shipping firms are preparing for a possible Canada Post strike as early as next week, a disruption they warn could strain...

Canadian Tire to take over Hudson’s Bay’s iconic stripes, logos

Shoppers who stocked up on Hudson's Bay blankets or other goods adorned with the iconic retailer's stripes, hoping they'd become collector's items, may be in...

Enbridge sells stake in Westcoast pipeline to First Nations group

For more than 65 years, Enbridge Inc.'s Westcoast pipeline has been pumping natural gas through First Nations territories across British Columbia.Under a deal announced Thursday,...

Union representing Air Canada’s flight attendants files for conciliation as talks stall

The union representing Air Canada flight attendants says it has filed for conciliation with the federal labour minister after reaching an impasse in contract...

GM, LG Energy Solution to make new, lower-cost battery cells for future EVs

General Motors (GM) and battery partner LG Energy Solution are planning to start commercial production of lower-cost cells for future electric vehicles at a...

U.S. car prices, consumer demand surge in April after tariffs hit

U.S. new-vehicle prices surged in April, data released on Monday showed, a sign that the effects of President Donald Trump's auto-tariff measures are rippling through...

Canadian-resident return trips from the U.S. drop again for April, StatsCan data shows

Travel by Canadians coming back from trips to the U.S. dropped sharply in April, according to preliminary data released Monday by Statistics Canada.Return trips by...

These Canadian millionaires are asking for tax increases — but just for themselves

A group of wealthy Canadians calling themselves "Patriotic Millionaires" is banding together to lobby governments to increase the amount of taxes they must pay,...

Enbridge CEO ‘completely enthused’ by conversation around energy in Canada, U.S.

The chief executive of pipeline builder Enbridge Inc. says he's encouraged by how governments in both Canada and the United States are recognizing the...

Onex selling minority stakes in WestJet to Delta and Korean Air

Onex Corp. is selling minority stakes in WestJet to Delta Air Lines and Korean Air for a total of $550 million US.Under the deals...

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