Home sales continue to climb this year. An industry group says the average resale home in the Vancouver area went for 8.5 per cent more than a year earlier, while Toronto was up 8.4 per cent. But those figures are based on an index of adjusted prices — the increase in Vancouver’s unadjusted prices was 12.2 per cent year-over-year to ... Read More »
Bombardier has confirmed plans to scale down production of Global 5000 and Global 6000 business jets, placing around 1,750 jobs at risk. Read More »
Judges in the U.S. and Canada rejected proposals backed by warring creditors of Nortel Networks Corp. for dividing more than $7 billion in cash, causing bonds of the defunct telephone maker to plunge. Read More »
First it was Walmart and Canadian Tire, and now Lowe’s has reached a deal to buy some former Target locations in Canada. Read More »
The Petroliam Nasional Bhd-led group planning a natural gas export terminal on Canada’s Pacific Coast is offering one aboriginal community C$1.15 billion ($950 million) over 40 years to approve the project. Read More »
The newly created parent company of Burger King and Tim Hortons reported a strong start to the fiscal year, as system-wide sales for both brands rose by high-single digits in the first quarter. Read More »
Export Development Canada is making a $525-million loan to Volkswagen AG in a bid to get the German auto maker to boost its Canadian supply base as it expands in Mexico and the Southern U.S. Read More »
Good news for drivers who use the Gardiner Expressway. Mayor John Tory says the stretch between Exhibition Place and Grand Magazine Street has been reopened 2 months ahead of schedule. Read More »
The RTL Group-backed Canadian media and technology company BroadbandTV (BBTV) has acquired the India-based kids content producer and publisher YoBoHo for an undisclosed fee. Read More »
Ashley Madison – If you’re going to go public with a dating site for adulterers, there’s no place like swinging London. The Toronto-based Avid Life Media says it’s planning a London public stock offering sometime this year because “Europe is the only region where we have a real chance of doing an IPO,” Christoph Kraemer, the company’s head of international ... Read More »
More Canadians are ditching their traditional TV subscriptions in 2014 than ever before, according to a new report. The availability of TV programs online and through services such as Netflix led to 95,000 fewer Canadian TV subscriptions. Read More »
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