Jean-Marc Eustache, Transat A.T. chief executive, admitted Thursday that his efforts to restore the profitability of the country’s largest tour operator fell flat this winter after just about everything that could have gone wrong did.
SNC-Lavalin Group Inc. is weighing whether to boost its investment in Toronto-area toll highway 407-ETR after Spanish infrastructure giant Ferrovial announced Thursday it would put a 10% stake in the beltway up for sale.
Giant industrial outfit Siemens AG announced Thursday it is closing its gas turbine plant in Hamilton, cutting 550 jobs as the operation is relocated to Charlotte, North Carolina.
Alberta, responding to more than two years of harsh criticism, has once again revamped its conventional oil and gas royalty regime, this time returning to rates similar to those announced before the government tore up the rules in 2007.
Bank of Canada governor Mark Carney said Thursday emerging economies should allow their currencies to appreciate, in an effort to unwind massive trade imbalances and ensure global economic growth
The new router, known as the CRS-3 (Carrier Routing System), is three times faster than the CRS-1 Cisco models currently employed by broadband and telephone carriers around the world
Don Drummond, the chief economist at Toronto-Dominion Bank and much-quoted analyst on matters related to federal fiscal policy, will retire at the end of June, the bank announced Thursday
Canadian home prices rose 0.4% between December and January, the same growth rate for the third consecutive month, according to a Statistics Canada report Thursday
