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National Business
National Business
Airline prices, concentration key concerns driving Competition Bureau scrutiny
Market concentration, higher prices and a mounting tally of customer complaints are fuelling a Competition Bureau study into Canada's airline industry.
May 27, 2024 2:06 PM
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Postmedia selling the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News
TORONTO — Postmedia Network Canada Corp. says it has signed a deal to sell the Winnipeg Sun, the Graphic Leader, and Kenora Miner & News newspapers to the Klein Group Ltd.
May 27, 2024 2:06 PM
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CAE Inc. posts $484.3 million loss, says risk profile more balanced after changes
MONTREAL — CAE Inc. says it lost $484.3 million in its fourth quarter, compared with profits of $101.9 million a year earlier. The Montreal-based flight simulator maker says revenues for the quarter ended March 31 were $1.1 billion, down from $1.
May 27, 2024 1:59 PM
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Cattle rustling comes to Quebec as police investigate suspected theft of entire herd
MONTREAL — Jonathan Fortin woke up Friday morning to check on his herd of Black Angus cattle, only to find his field was empty.
May 27, 2024 1:58 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (22,373.38, up 52.51 points): Fortune Minerals Ltd. (TSX:FT). Mining. Up three cents, or 33.33 per cent, to 12 cents on 10.
May 27, 2024 1:51 PM
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S&P/TSX composite posts small gain Monday, loonie also higher
TORONTO — Canada's main stock index posted a small gain Monday, helped by strength in energy and industrial stocks. The S&P/TSX composite index closed up 52.51 points at 22,373.38. With U.S.
May 27, 2024 1:43 PM
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Flying taxis, drones spark high hopes — and safety worries — among Canadians
Canadians feel both "optimism and concern" over the prospect of flying cars and drones whizzing between remote communities and above city blocks, a new report says.
May 27, 2024 1:21 PM
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Indigo Books & Music shareholders vote to approve privatization sale
TORONTO — Indigo Books & Music Inc. shareholders have voted to approve a deal that will see the retailer become a private company. Shareholders voted Monday in favour of a $2.50 per share offer from Trilogy Retail Holdings Inc.
May 27, 2024 11:47 AM
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As retailer Indigo heads toward privatization, a look at its history
TORONTO — Shareholders of Indigo Books and Music Inc. voted on Monday to approve a deal that will take the retailer private. Here is a look back at some of the memorable moments from its history.
May 27, 2024 9:00 AM
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Court greenlights class action lawsuit against Bombardier
MONTREAL — A Quebec judge is authorizing a class action from shareholders against Bombardier Inc. over claims that the plane maker presented a false picture of its financial situation in 2018, a turbulent year that saw its share price tank.
May 27, 2024 8:29 AM
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