Business

‘No excitement at all’ as auctions for oilpatch drilling rights on track for record low

Alberta produces about 80 per cent of Canada’s oil and about 70 per cent of its natural gas. Read More…

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Black Friday 2019: 5 tips for Canadians

How to score the best deals and what to avoid. Read More source

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Black Friday, Cyber Monday deals for 2019

Black Friday in Canada takes place on Nov. 29 and Cyber Monday on Dec. 2. Read More source

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The rise and fall of WeWork

In a matter of a few months, WeWork, a real estate startup that provides co-working spaces worldwide, went from a…

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Two in five Canadians believe they will never be debt-free

Almost half of respondents to a recent Manulife survey also said their spending was increasing faster than their income. Read…

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Pembina Pipeline $4.3B deal to buy Kinder Morgan cleared by Competition Bureau

Pembina Pipeline Corp. says the Canadian Competition Bureau has signed off on its $4.3-billion deal to buy Kinder Morgan Canada…

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Inflation data reveals fastest rent costs increase since 1991

Despite the increase in housing costs, overall inflation held steady at 1.9 per cent in October. Read More source

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CN strike another hit to Prairie economies

The transport disruption threatens shipments of oil, grains and potash, with Western Canada likely to feel the most pain from…

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TC Energy expects annual dividend growth to slow beyond 2021

The company formerly known as TransCanada made the comments ahead of its annual investor day. Read More source

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Grain shippers worried as CN Rail workers strike

The Teamsters Canada Rail Conference announced the work stoppage Monday night after failing to reach a deal with CN by…

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$320M in government subsidies given to Trans Mountain in first half of 2019: report

The document is public but presents a consolidated picture of the development corporation’s finances. Read More source

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Over 3,000 Canadian National Railway rail workers on strike: union

About 3,200 Canadian National Railway conductors, trainpersons and yard workers are on strike after the union and company failed to…

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Even with fixed mortgage rates lower than variable ones, locking isn’t a slam dunk

Staying put may pay off for some variable-rate mortgage holders. Read More source

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Police warning of new slate of phone scams

Unauthorized porting is similar to another scam the Ontario Provincial Police warned consumers about this week: SIM swapping. Read More…

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Canadian home sales up almost 13% year-over-year in October: CREA

On a month-over-month basis, sales held steady in October compared to September after a seven-month streak of increases. Read More…

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More Canadians renting for a decade or more before buying first home: CMHC survey

Thirty-one per cent of new buyers said they rented for a decade or more before purchasing a house. That’s up…

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Aurora Cannabis halts construction of 2 facilities in southern Alberta, Denmark to conserve cash

Aurora Cannabis is halting construction of two production facilities in Medicine Hat, Alta. and in Denmark to save over $190…

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Dow Jones, TSX hit record high in light of troubling U.S.-China trade reports

Reports surfaced Wednesday of U.S.-China trade negotiations hitting a bump over China not wanting a deal that looked one-sided in…

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