Business Buzz

Canadian dairy ‘unfair’
The Canadian Press - Apr 18, 2017 - Business Buzz

President Donald Trump singled Canada out by name Tuesday as he put dairy farmers north of the border on notice that they are in America’s fair-trade sights. Trump also signalled he wants to do more than simply tweak the North American Free Trade Agreement, saying he is looking for “very big changes” to the trilateral […]

Transcontinental selling more papers
The Canadian Press - Apr 18, 2017 - Business Buzz

Transcontinental Media has put its newspapers in Quebec and Ontario up for sale, days after selling its holdings in Atlantic Canada. The Montreal-based media and publishing company says the sale process is expected to last several months and involves 93 local and regional publications as well as their related websites. Transcontinental says today’s move does […]

May calls surprise election
The Canadian Press - Apr 18, 2017 - Business Buzz

In a shock announcement, Prime Minister Theresa May on Tuesday called for an early general election to be held June 8 to seek a strong mandate as she negotiates Britain’s exit from the European Union. Standing outside 10 Downing Street, May said she would ask the House of Commons on Wednesday to back her call […]

5 generations in workforce
Alanna Kelly - Apr 15, 2017 - Business Buzz

For the first time in history, five generations are in the workplace together and it should be something people should celebrate, not complain about. According to the Dr. Linda Sharkey and Skyteam CEO Morgan Barrett, a revolution is underway and retirement at the end of a career will soon be replaced by sabbaticals. “Increased health […]

More details sought on pot
The Canadian Press - Apr 13, 2017 - Business Buzz

Marijuana producers say the federal government’s proposed legal-pot regime needs more details to clarify issues like permissible advertising and distribution. Aphria Inc. CEO Vic Neufeld says the legislation introduced today is a good beginning, but leaves a lot of blanks to be filled, like more explanation as to allowed marketing and related practices. The proposed […]

Softwood decision April 25
The Canadian Press - Apr 13, 2017 - Business Buzz

The U.S. Commerce Department said Thursday it will announce on April 25 whether it will impose the first of two duties on Canadian softwood. A spokesman for the department said any countervailing duties would be applied on imports about a week later. A decision on anti-dumping duties is expected to be released May 5, but […]

Legal pot bill introduced
The Canadian Press - Apr 13, 2017 - Business Buzz

UPDATED: Adults aged 18 and older will be legally allowed to buy and cultivate a limited quantity of marijuana for personal use under a long-awaited suite of bills introduced Thursday by the federal Liberal government. The package of legislation was introduced in the House of Commons by Justice Minister Jody Wilson-Raybould, Public Safety Minister Ralph […]

United to compensate fliers
The Canadian Press - Apr 13, 2017 - Business Buzz

United Airlines sought to quell the uproar over a man being dragged off a plane by announcing on Tuesday that it would no longer ask police to remove passengers from full flights and would compensate customers who were on the flight when the man was removed. In an interview with ABC’s “Good Morning America” aired […]

Uber’s PR head resigns
The Canadian Press - Apr 12, 2017 - Business Buzz

Uber’s head of communications is leaving, the latest in a string of executive departures as the ride-hailing company tries to dig out from a pile of troubles. In a memo to employees, CEO Travis Kalanick called Rachel Whetstone a “force of nature” who was “was way ahead of the game when it came to many […]

The horsepower craze
The Canadian Press - Apr 12, 2017 - Business Buzz

Fred Croatti often drives his silver Dodge Charger Hellcat to the grocery store, turning heads as he rumbles through the parking lot with a supercharged 6.2-litre 707-horsepower engine. Although Croatti’s car sounds like a NASCAR racer, the retired pilot from Port Orange, Florida, isn’t looking for attention. He just loves the power. At a time when […]