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Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal

Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition.
Ottawa names new president and CEO of Export Development Canada

Ottawa names new president and CEO of Export Development Canada

OTTAWA — The federal government has named Alison Nankivell the new president and chief executive officer of Export Development Canada, succeeding Mairead Lavery who helmed the Crown corporation for the past six years.
Nissan and Honda to attempt a merger that would create the world's No. 3 automaker

Nissan and Honda to attempt a merger that would create the world's No. 3 automaker

TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels.
Manitoba government to reinstate fuel tax, but at a reduced rate

Manitoba government to reinstate fuel tax, but at a reduced rate

WINNIPEG — The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate.
Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin

Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin

CALGARY — Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.
Statistics Canada reports real GDP grew 0.3 per cent in October

Statistics Canada reports real GDP grew 0.3 per cent in October

OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.
CN, railworkers strike new deal avoiding potential strike

CN, railworkers strike new deal avoiding potential strike

OTTAWA — The union representing some 3,000 railworkers says it has reached a new deal with Canadian National Railway Co.
It was Grandma, in the cafe with a Scrabble tile: Game cafes are big holiday business

It was Grandma, in the cafe with a Scrabble tile: Game cafes are big holiday business

CALGARY — It’s the holidays, which means for many across the Prairies, there’s no better time to get locked in a dungeon with a dragon. Or smoke out Colonel Mustard in the billiard room with the revolver.
How changing demographics and tastes are shaping Canada's grocery stores

How changing demographics and tastes are shaping Canada's grocery stores

It’s mid-December at a large supermarket in Mississauga, Ont., and Christmas music plays softly over the speakers as customers roam the aisles, picking the perfect lemon and eyeing the large olive counter in the middle of the store.
New rules clarify when travellers are compensated for flight disruptions

New rules clarify when travellers are compensated for flight disruptions

TORONTO — The federal government is proposing new rules surrounding airlines' obligations to travellers whose flights are disrupted, even when delays or cancellations are caused by an "exceptional circumstance" outside of carriers' control.