Irving, Couche-Tard swing convenience stores deal
Irving Oil Ltd. is saying goodbye to its Blue Canoes as it exits the convenience store business in Atlantic Canada and New England.
Single housing starts up
New Brunswick urban centres recorded 150 housing starts in April, down from 182 in April 2007, Canada Mortgage and Housing Corporation reported Thursday.
Painless savings programs are now available
Canadians are saving far too little money. I'm not talking about saving for retirement, I'm talking about savings account savings.
Quebec company a global operator
Over the past 28 years Alimentation Couche-Tard Inc. has grown from a humble, one-store operation in Laval, Que. to North America's second-largest convenience store chain.
Report identifies three keys to rejuvenating forestry
The Atlantic Canadian forestry sector is in the middle of one of its most important restructuring periods in history, a new report states, and government and the industry must look to co-generation, robust research and private woodlots to come out on top.
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Toyota expects first full-year sales slide in nine years
Battered by a slumping North American auto market and unfavourable currency swings, Toyota is forecasting a double barrel of bad news this fiscal year: its first year-on-year sales slide in nine years and first profit slip in seven years.
Toronto soars near all-time closing high
Another day of surging commodity stocks, particularly in the energy sector on record high crude oil, sent the Toronto stock market to less than 20 points away from its all time record closing high.
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Yellow Pages fund books Q1 profit
Yellow Pages Income Fund (TSX:YLO.UN) has booked a five per cent increase in first-quarter earnings, which rose to $127 million, with online sales shooting up at a much faster pace than the company's overall revenue growth.
Forestry demand forecast to soar
The head of the Forest Products Association of Canada is predicting the current slump in his sector to turn around in a few years as demand for wood products soars due to growth in the world's population and gross domestic product.
Power Financial raises dividend as Q1 profit increases
Power Financial Corp. (TSX:PWF), emphasizing plans to continue building in the United States and Europe, increased its dividend Thursday while reporting a 21.5 per cent rise in first-quarter net income to $586 million.
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Air Canada cuts its operating loss in Q1
Air Canada (TSX:AC.A) produced stronger than expected results in the traditionally slow first quarter as its operating performance improved despite rising fuel costs that have battered all the world's air carriers.
Investment firms reduce emergency borrowing from U.S. Fed
Wall Street investment companies have reduced borrowing from the Federal Reserve's emergency lending program, a sign that credit problems may be easing a bit.
Canadian Tire first-quarter performance flat
Canadian Tire Corp. (TSX:CTC.A) is in a "very strong" position to weather an economic slowdown, CEO Tom Gauld told shareholders Thursday after the retailer reported a nearly 20 per cent increase in first-quarter earnings despite shaky sales.
Manulife chief exec stepping down in '09
Dominic D'Alessandro, the high-profile CEO of Manulife Financial Corp. (TSX:MFC) plans to retire following the annual meeting next year after 14 years as chief executive of Canada's largest insurance company.
'Almost bare' global food cupboard means good times for PotashCorp
The global food cupboard is "almost bare" and the demand for fertilizer will continue to be overwhelmingly strong as farmers around the world look to maximize production to feed an increasingly meat-hungry planet, the chief executive of Potash Corp. (TSX:POT) told shareholders Thursday.
Sturgeon farm to ship live fish to generate cash
Acadian Sturgeon and Caviar Inc. will send its first shipment of live sturgeon to Asian customers this summer as the Carters Point firm looks to feed on global demand sparked by depleted stocks of the fish.
Bell Aliant to reassess future of Atlantic Mobility Products
With the loss of Bell Canada's business, Bell Aliant Regional Communication Income Fund (TSX: BA.UN) will reassess the future of Atlantic Mobility Products.
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Belledune tops in N.B. development spending
The Town of Belledune leads the province in per capita economic development spending, says an interim report from the Atlantic Institute for Market Studies.
Take the car to Cut carbon footprint
British environmentalist Chris Goodall asserted last year, in his provocative book How to Live a Low-Carbon Life, that driving your car to the supermarket could be better for the environment than walking to the supermarket. It all depended, he said, on the food you use to supply the energy for the stroll.
An inside look at Microsoft's increased bid for Yahoo
Just how serious was Microsoft Corp. about raising its bid to US$47.5 billion for slumping Internet pioneer Yahoo Inc.?
Tories set to confirm ruling
The Conservative government is set to confirm a final decision on whether Canada's biggest space technology firm will be sold to an American buyer.
Negotiators, Bell Canada reach new tentative deal
The Communications, Energy and Paperworkers union is recommending that 5,000 members who are Bell Canada technicians in Ontario and Quebec accept the company's latest contract offer.
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