Joe Oliver concerned about a Canada divided over energy

Finance Minister Joe Oliver says he is concerned that divisions within Canada over the energy sector will eventually hold back the country's growth. In a year-end interview for The Exchange with Amanda Lang, Oliver cited opposition to fracking and to...

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Bombardier sells 24 CRJ900 aircraft to undisclosed customer

CRJ900 aircraft intended for medium-range trips CBC News Posted: Dec 30, 2014 3:05 PM ET Last Updated: Dec 30, 2014 3:10 PM ET Latest Business Headlines TSX COMPOSITE Dec 31, 2014 10:15 AM ET Dec 31, 2014 10:15...

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Investors seek safe haven in gold as oil remains at 5-year low

Oil was hovering around a five-year low on Tuesday, but gold made a sharp recovery, up $14 US an ounce to $1197. Gold spiked $22 in morning trading, breaking through the key $1,200 an ounce level, before sinking lower just before the close. Investors...

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United Airlines, Orbitz sue travel website for exposing layover pricing glitch

A large U.S. airline and one of the world's biggest online travel agencies are suing an entrepreneur from New York City for developing a web system that can help flyers save money by taking advantage of a loophole in the pricing of flights with layovers....

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Former Tim Hortons CEO Marc Caira named CP's business newsmaker of 2014

Marc Caira was a key player in Burger King's deal to take over Tim Hortons coffee and donut chain. (Michael Charles Cole/CBC) Debate over the marriage of doughnuts and burgers unfolded in Canadian coffee shops and the corridors of power in Washington,...

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Tattoo artist creates booming business concealing scars

Samira Omar pushes back her headscarf to reveal burn scars that swirl along her face and neck. Her hands are also dotted with colourless patches where her skin was scorched. The 17-year-old says she was the victim of a horrific bullying incident in...

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Oil's wild ride in 2014 signals return to volatility

After five years in which oil traded in a narrow band around the $100 US a barrel mark, crude markets returned to volatility this fall. Back in late June of this year, oil was trading at $107 US a barrel. At year end, it was headed below $54 a barrel....

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Holiday cross-border shopping down, Canadian sales up, retail council says

Canadians did less cross-border shopping this holiday season compared to previous years, says the Retail Council of Canada. The council says Canadians did a lot of shopping overall. "The exchange rate put a dent in cross-border shopping," said Michael...

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Holiday debt stress? Try paying it off in an avalanche — not a snowball

Canadians who are staggering under a hefty debt load may find that burden even heavier when their post-holiday credit card statements arrive. "A lot of people find themselves in financial trouble after the holidays because they really don't make a plan...

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Canadians resolve to pay down debt above all else in 2015, CIBC poll suggests

Debt repayment was cited as the No. 1 financial goal for Canadians next year in a poll commissioned by CIBC. (Ryan Remiorz/The Canadian Press) Paying down debt will be a New Year's resolution for a growing number of Canadians, according to an annual...

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Greece faces snap election after failure to elect president

Greece will hold early national elections on Jan. 25, stoking concerns over the future of the country's financial bailout, after lawmakers failed to elect a new president in a third and final round of voting Monday. The conservative-led coalition government's...

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Greece faces snap election after failure to elect president

Greece will hold early national elections on Jan. 25, stoking concerns over the future of the country's financial bailout, after lawmakers failed to elect a new president in a third and final round of voting Monday. The conservative-led coalition government's...

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Biggest marketing fails of 2014: Apple, Coors and more

Bad luck, bad judgment and horrendous timing turned some creative marketing campaigns into PR disasters this year. Here's a roundup of some of the more remarkable ones. Apple pays $100M to gift customers with U2's first recording in 5 years Result:...

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Ruble falls as Russian economy shrinks

The Russian currency extended its losses on Monday after a report showed the economy has started shrinking in annual terms for the first time since 2009 as the country is buffeted by falling oil prices and Western sanctions. Meanwhile, the government,...

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Bombardier signs $484 million Paris train deal

The Canadian Press Posted: Dec 29, 2014 9:20 AM ET Last Updated: Dec 29, 2014 9:25 AM ET Latest Business Headlines TSX COMPOSITE Dec 29, 2014 10:15 AM ET Dec 29, 2014 10:15 AM ET Dec 29, 2014 10:15 AM ET Dec 29,...

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Obama 'reckless,' North Korea says in row over The Interview movie

North Korea blamed its recent internet outage on the United States on Saturday and hurled racially charged insults at U.S. President Barack Obama over the hacking row involving the movie The Interview. North Korea's powerful National Defence Commission,...

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Japan approves $29B economic stimulus plan

Japan's cabinet approved 3.5 trillion yen ($29 billion US) in fresh stimulus Saturday for the ailing economy, pledging to get growth back on track and restore the country's precarious public finances. Prime Minister Shinzo Abe is wrapping up his second...

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Bell and Rogers team up to buy WirelessWave, TBooth Wireless chain

Two of Canada's biggest communications companies have reached a deal to share control of a chain of cellphone stores that includes WirelessWave, TBooth Wireless and Target Mobile. Rogers Communications Inc. and BCE Inc., the corporate parents of Rogers...

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Top 10 business stories of 2014: Tim Hortons deal to plunging oil

The move by U.S. fast food giant Burger King to gobble up venerable Canadian coffee chain Tim Hortons made big headlines this year. But it wasn't the only business story that dominated the news cycles in 2014. Here's our list of the most-read stories...

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Canada's mining sector braces for another challenging year

Canada's mining sector is bracing for another challenging year in 2015 as slower growth in China is expected to continue to dampen selling prices for many metals. Iron ore suffered the biggest drop in the past year, losing nearly half its value to reach...

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Get a U.S. gift card you don't want? Walmart.com will take it

A pilot program will see Walmart accept U.S. gift cards from 200 other stores as trade-in for a Walmart gift card. (wikipedia.org) Walmart's U.S. website is testing out a pilot program that will let shoppers trade in gift cards from other retailers...

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It's National Egg Nog Day: How 'days' are used to market food

Aside from being Christmas Eve, Dec. 24 is also National Egg Nog Day. In fact, there are many food-related holidays that come up over the year. National Doughnut Day is probably the oldest national food day and bears the distinction...

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The Interview gets Canadian online release

The Interview is now available in Canada for rent or purchase online.  "Canada!!! You can now watch The Interview! Please enjoy," Canadian actor Seth Rogen, one of the film's stars, tweeted Christmas Eve. "It was made in your country." The online...

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Bloom Lake hit with record environmental fine

The Bloom Lake iron ore mine is now owned by Cliffs Resources. A mining company has plead guilty to 45 charges under the fisheries act and will pay a $7.5-million fine for improperly releasing pollutants into fish-bearing waters. Bloom Lake General...

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TSX, loonie finish in green as Christmas break begins

Major stock indexes in Canada and the U.S. finished in the green on Wednesday in a shortened trading session before markets wrapped up for the Christmas break. The TSX gained 13.28 points to 14,607.31 on a trading day where volumes were far below normal...

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It's National Egg Nog Day: How 'days' are used to market food

Aside from being Christmas Eve, Dec. 24 is also National Egg Nog Day. In fact, there are many food-related holidays that come up over the year. National Doughnut Day is probably the oldest national food day and bears the distinction...

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TSX up 161 points, Dow sets record on strong GDP numbers

Toronto stocks soared on Tuesday and the Dow and S&P 500 indexes closed at record highs after upbeat gross domestic product reports out of both the U.S. and Canada. The TSX/S&P index was up 161.65 points to 14,594 after Canadian GDP expanded...

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