Business News

Federal Reserve raises U.S. benchmark interest rate to 2.25% — with more to come

The U.S. Federal Reserve on Wednesday raised its benchmark interest rate for the third time in a year, pushing the upper bound of the widely monitored rate range to 2.25 per cent.

Wed, 26 Sep 2018 14:04:25 EDT
National Energy Board kick-starts new Trans Mountain hearing process

A hearing panel has been struck and there's a deadline of Oct. 3 for those who want to file comments or apply or register to appear at the expedited hearing.

Wed, 26 Sep 2018 15:11:53 EDT
Air Canada pilot union says airlines must address pilot fatigue

The union representing Air Canada pilots says a near-collision at San Francisco's airport involving one of the airline's jets should be a wake-up call for the federal government to properly address pilot fatigue for overnight flights.

Wed, 26 Sep 2018 15:41:22 EDT
Biggest marijuana ETF on TSX adds 9 new cannabis companies, including Tilray

The leading Canadian exchange traded fund for cannabis companies has added nine new marijuana producers to its holdings.

Wed, 26 Sep 2018 12:20:53 EDT
CBS to open film and television production hub in Mississauga, Ont.

U.S. entertainment company CBS Television Studios will open a television and film production hub just outside Toronto next year.

Wed, 26 Sep 2018 14:14:45 EDT
'If' NAFTA 2.0 proceeds, Trudeau wants to feel 'confident' on tariffs

As the Trump administration continues to link the lifting of steel and aluminum tariffs to a successful conclusion of trade talks, Prime Minister Justin Trudeau says Canadians need to feel confident about what will happen 'if' they move forward.

Wed, 26 Sep 2018 12:39:10 EDT
Google to acknowledge privacy 'mistakes' to U.S. Senate committee

“We acknowledge that we have made mistakes in the past, from which we have learned, and improved our robust privacy program,” Google chief privacy officer Keith Enright will say in written testimony.

Wed, 26 Sep 2018 12:23:52 EDT
Environmentalists ask U.S. regulators to reconsider Enbridge pipeline project

Environmental and Indigenous groups asked Minnesota regulators on Tuesday to reconsider their approval of Enbridge Energy's plans to replace its aging Line 3 crude oil pipeline across northern Minnesota.

Wed, 26 Sep 2018 11:24:50 EDT
Pinterest to open first Canadian office in Toronto

Pinterest is opening its first office in Canada in Toronto at the start of October in an effort to expand its presence outside of the United States. It says it has 12 million Canadian users, who save 4.5 million photos on the platform daily.

Tue, 25 Sep 2018 15:41:55 EDT
U.S.-China trade war boosts sales of Canadian live lobster exports to China

Exporters and shippers of live Canadian lobster are reporting a huge growth in the number of air cargo shipments to China, driven by the trade war between the United States and China.

Wed, 26 Sep 2018 05:00:48 EDT
Niagara Falls farmer is growing crops on an old landfill

Twenty years ago, this Niagara Falls land was a dump. Now a local farmer is growing winter wheat there.

Tue, 25 Sep 2018 15:57:02 EDT