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Updated: 2 hours 51 min ago

Ghost ships giving the oil market a lesson in unintended consequences

18 hours 34 min ago

It sounds like something out of a pirate story, but the normally staid world of international trade has been beset by a flotilla of ghost ships in recent weeks, and they're weighed down by several million barrels of trouble for U.S. foreign policy.

Feds dead set against 'ridiculous' quotas to replace steel, aluminum tariffs

Fri, 10/19/2018 - 13:22

Canada is not about to agree to quotas or other limits on its exports in order to get the United States to lift punishing tariffs on steel and aluminum, says a source close to the ongoing talks to resolve the lingering tit-for-tat trade standoff.

Canadian airlines tell Ottawa carbon tax will hurt revenues and domestic routes

Fri, 10/19/2018 - 12:56

Canadian airlines are urging Ottawa to delay the Jan. 1 imposition of the federal carbon tax, which they warn will boost airfares and push passengers to airports across the border.

WestJet's Swoop forced to cancel 24 U.S. flights as regulatory approval held up

Fri, 10/19/2018 - 12:30

The airline says it had hoped to have all regulatory approvals in place to operate south of the border — but one of those has not yet been approved.

B.C. billionaire Chip Wilson uses his backside to sell 'unauthorized story' of Lululemon

Fri, 10/19/2018 - 12:30

While there may be many chapters in the two-decade story of Lululemon, founder Chip Wilson has looked to one iconic product to put a headline on it.

Inflation cools to 2.2% as gasoline price hikes slowed down

Fri, 10/19/2018 - 06:50

The annual pace of inflation slowed more than expected in September as increases in the price of gasoline eased compared with August.

'Cannabis isn't as easy to grow as people think', and then there's the paperwork

Fri, 10/19/2018 - 01:00

Snags in the supply chains of legal retail pot stores across Canada are no big surprise for a fledgling industry trying to meet huge demand, experts say.

Are investors right to finally be worried about higher interest rates?

Fri, 10/19/2018 - 01:00

Analysts are split on whether higher U.S. interest rates could put the stock market's impressive run in jeopardy.

MPs committee calling on Morneau to boost deduction for capital investments

Fri, 10/19/2018 - 01:00

Wayne Easter answered the phone in the middle of a quick lunch. The chair of the Commons finance committee was in Winnipeg yesterday with other committee members, listening to submissions on what should be in the next federal budget.

'(It's) the way to go': Brian Mulroney explains his about-face on cannabis

Thu, 10/18/2018 - 13:59

Former prime minister Brian Mulroney — whose government once introduced legislation continuing to classify marijuana in the same category as heroin — has not only become a born-again weed evangelical, but now says Canada is poised to influence the rest of the world to join the cannabis bandwagon.

Edmonton Girl Guide sells out of cookies in cannabis store lineup

Thu, 10/18/2018 - 11:58

When Edmontonians lined up to buy cannabis from retail stores on Wednesday, Girl Guide Elina Childs saw a business opportunity.

Majority of first-time buyers maxed out budgets to buy a home: CMHC

Thu, 10/18/2018 - 09:36

A majority of first-time homebuyers say they maxed out their budgets when they bought their homes, according to a survey released today by the Canada Mortgage and Housing Corp.

Locking in your mortgage could save you money, but it depends on your plans

Thu, 10/18/2018 - 07:36

Homeowners with variable-rate mortgages have seen their rates rise over the past year as the Bank of Canada has raised its key interest rate target four times.

Pot grower Aphria Inc. applies to list on New York Stock Exchange

Thu, 10/18/2018 - 07:28

The Leamington, Ont.-based cannabis company submitted its registration statement to U.S. securities regulators today.

Bargain price oil: How long will it last?

Thu, 10/18/2018 - 01:00

The Western Canadian oil industry is losing at least $100 million every day, according to an analyst's estimate.

Surging U.S. deficit a warning for Canadians wanting tax cuts: Don Pittis

Thu, 10/18/2018 - 01:00

A call from a Canadian Senate committee to follow the U.S. lead in cutting corporate taxes comes just as the hazards of that policy loom larger south of the border.

Shares of pot companies enter age of legalization with a thud

Wed, 10/17/2018 - 12:20

On the first day that Canadians are legally allowed to get high, stocks in Canadian marijuana companies did something perhaps unexpected: they went low.

Canadian pot shoppers placing 100 orders per minute online, Shopify says

Wed, 10/17/2018 - 10:56

Shopify is processing over 100 legal weed orders per minute across the country.

Brian Mulroney joins board of directors of New York-based pot company

Wed, 10/17/2018 - 08:39

Former prime minister Brian Mulroney is joining the board of directors of an American cannabis company.

Canada to apply USMCA cultural exemption to digital trade

Wed, 10/17/2018 - 01:00

The broad cultural exemption Canada fought to keep in the renegotiation of the North American free trade deal will allow for Canadian content rules in digital media. But the Trudeau government will not apply the exemption to avoid extending the length of copyright protections for artistic works.

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