Business

MEC back under Canadian ownership after 5 years of U.S. management

Retailer Mountain Equipment Company (MEC), the B.C-based brand specializing in outdoor equipment, is back under Canadian ownership.The retailer had been sold in 2020 to...

China emerging as top customer for Canadian oil shipped via Trans Mountain Pipeline

China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain Pipeline, ship tracking data shows, as a U.S....

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...

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

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

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

Enbridge Inc. has signed a deal to sell a minority stake in its Westcoast natural gas pipeline system to a group of 36 First...

Ontario, Manitoba agree to boost interprovincial trade, facing U.S. tariff crunch

As the threat of U.S. tariffs ratchets up pressure on the Canadian economy, the governments of Ontario and Manitoba have agreed to ease barriers...

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...

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

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