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Quebecor wants Ottawa to stop Loblaw from offering only Rogers, Bell phone products

Quebecor wants Ottawa to stop Loblaw from offering only Rogers, Bell phone products

The chief executive of Quebecor Inc. is urging Ottawa to intervene in what he calls an "anticompetitive" deal between Loblaw Cos. Ltd.
Canada Infrastructure Bank lends $75M to B.C. ferry service for zero-emission vessels

Canada Infrastructure Bank lends $75M to B.C. ferry service for zero-emission vessels

VANCOUVER — Canada Infrastructure Bank is lending $75 million to British Columbia's ferry service to help buy four zero-emission vessels and install electric charging infrastructure.
Employers rethink value of employee connections in era of remote work: report

Employers rethink value of employee connections in era of remote work: report

TORONTO — The rise of remote work has led to a loss of workplace social connections that is negatively affecting employees, a new report suggests.
CPP Investments earned 8% in latest fiscal year, net assets rose to $632 billion

CPP Investments earned 8% in latest fiscal year, net assets rose to $632 billion

TORONTO — Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 per cent return of its reference portfolio.
Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders

Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders

TORONTO — Shopify Inc.'s founder and chief executive Tobi Lütke has joined a group that Facebook and Instagram's parent company has set up to advise its leadership. Meta Platforms Inc.
Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

WASHINGTON (AP) — After several unexpectedly high inflation readings , Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their k
CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

MONTREAL — CAE Inc. expects to report a half-billion-dollar loss for its fourth quarter after massive one-time charges linked to its beleaguered defence business.
Mortgage lending among top risks facing financial system: OSFI

Mortgage lending among top risks facing financial system: OSFI

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.
‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

MONTREAL — Global strife has boosted demand for Héroux-Devtek Inc. wares, with the continued rebound in commercial travel adding to its record sales last quarter, said CEO Martin Brassard. "The aerospace industry outlook remains very strong.
Imperial starts production at new oilsands project using lower-emissions technology

Imperial starts production at new oilsands project using lower-emissions technology

CALGARY — Imperial Oil Ltd. says it has started production at its new Grand Rapids oilsands project located at its Cold Lake operating site. The Calgary-based company, which is majority owned by U.S.