Skip to content

National Business

The Second Cup agrees to buy Ottawa chain Bridgehead Coffee for $9.5 million

The Second Cup agrees to buy Ottawa chain Bridgehead Coffee for $9.5 million

The Second Cup Ltd. shares soared after the company announced it will acquire a popular Ottawa-based coffee chain in its first deal since it revealed plans to become a conglomerate of players in the coffee, food service and cannabis sectors.
Bank of Canada deputy governor Timothy Lane says Canadian economy resilient

Bank of Canada deputy governor Timothy Lane says Canadian economy resilient

OTTAWA — The Canadian economy remains resilient despite the global uncertainty caused by the trade war between the United States and China, a senior Bank of Canada official said Thursday.

Statistics Canada says merchandise trade deficit was $1.1B in October

OTTAWA — Statistics Canada says the country's merchandise trade deficit with the world was $1.1 billion in October. The result came as figures for September were revised to show a deficit of $1.
Aeroplan workers ratify collective agreement after joining Air Canada

Aeroplan workers ratify collective agreement after joining Air Canada

TORONTO — About 400 Aeroplan workers have ratified a collective agreement that standardizes wages for employees of the newly acquired loyalty program.
A little financial housekeeping at the end of the year can help on your taxes

A little financial housekeeping at the end of the year can help on your taxes

OTTAWA — You may be reluctant to add one more item to an already daunting holiday to-do list, but financial experts want to make sure your financial plan doesn't get neglected in the year-end rush as 2019 comes to a close.
US trade gap narrows 7.6% to $47.2 billion in October

US trade gap narrows 7.6% to $47.2 billion in October

WASHINGTON — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped.
Low water flows at crux of next phase in Fraser River salmon rescue mission: DFO

Low water flows at crux of next phase in Fraser River salmon rescue mission: DFO

LILLOOET, B.C. — Government officials say there is a "high risk" they won't be fully successful in rescuing salmon species threatened by a massive landslide on British Columbia's Fraser River.

Alterna Savings, Quinte First credit unions to merge, sign letter of intent

TORONTO — Alterna Savings and Credit Union Ltd. and Quinte First Credit Union have signed a letter of intent to join forces. The credit unions say Quinte First will become part of Alterna Savings in spring 2020.
Toronto stock index climbs along with U.S. markets as crude jumps, fears ease

Toronto stock index climbs along with U.S. markets as crude jumps, fears ease

TORONTO — Major North American indexes made gains as a potential U.S.-China trade deal appeared closer and oil prices advanced. The S&P/TSX composite index climbed 5.16 points to 16,897.34, led by the energy sector.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,897.34, up 5.16 points.) Lundin Mining Corp. (TSX:LUN). Basic Materials. Up 30 cents, or 4.27 per cent, to $7.32 on 13.