Canada Business News
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Transport Canada grounds Quebec aviation company
MONTREAL — Transport Canada has grounded a Quebec-based charter aviation company, effectively ending its air operations. The agency revoked Aeropro's operating permit Saturday night following an audit that found repeated violations of Canadian aviation re
Ford to lay off 388 at Windsor engine plant
Ford Motor Co. will lay off nearly 400 workers at its engine plant in Windsor, Ont. The news comes just one day after General Motors closed its transmission plant, pulling out of the city after 90 years.
GM closes Windsor plant, ending an era
General Motors workers in Windsor, Ont., punched out for the last time Wednesday as the automaker closed its only remaining plant in the border city. The closure of the transmission plant puts 500 people out of work and ends GM's 90-year relationship with
Coke developing new bottles, brands and drinks
Scientists at Coca-Cola Co are working on developments ranging from plant-derived plastic to beverages with new textures, as the world’s largest soft drink maker aims to stay ahead of consumers’ quickly changing tastes.
Faulty engine nozzle blamed for latest Bulava missile failure
The Bulava has officially suffered seven failures in 12 tests. Some analysts suggest that in reality the number of failures was considerably larger, with Russian military expert Pavel Felgenhauer contending that of the Bulava's 12 test launches, only one
B.C. farmer feeding cattle wine
With the Canadian cattle industry still recovering from the aftermath of the mad cow disease outbreak, a group of farmers in B.C. has hit upon a unique niche product — wine-fed beef
Rogers lowers download limits as Netflix looms
Rogers Communications, the country's second-biggest internet provider, is lowering the usage limits on some of its plans, just days after online video service Netflix announced it was expanding into Canada.
Air passengers thrown from seats in severe turbulence
Passengers were thrown from their seats, drinks and loose items flew through the cabin and oxygen masks dropped from overhead when a United Airlines jetliner took a harrowing drop amid severe turbulence on a cross-country flight.
BP sells Canadian assets to Apache
BP said Tuesday it is selling properties in Alberta and British Columbia worth $3.25 billion US to Apache Corporation to help pay for the cleanup and to cover compensation claims from its oil spill in the Gulf of Mexico.
Labour dispute delays flights at YVR: union
A labour dispute involving refuelling supervisors and administration staff at the Vancouver International Airport is causing flight delays in the middle of the busy summer season, union representatives say.
BP says no evidence of new leaks in capped oil well
BP's experimental cap was holding Saturday as the final hours ticked away in a two-day trial run to make sure it keeps oil from pouring into the Gulf of Mexico without blowing a new leak in the busted well.
9 killed, 10 missing as typhoon lashes Philippines
The first typhoon to lash the Philippines this year flooded streets in the capital, toppled power lines and killed at least nine people Wednesday. Ten fishermen were missing after waves overturned their boats.
Asthma sufferers often have other diseases
A new study suggests asthma does more than just leave sufferers breathless; it also greatly increases the chances they'll suffer from other diseases, like obesity, pneumonia and anxiety disorders.
One-third of Canadians have no savings plan
Nearly one-third of Canadians do not have a savings plan in place even though almost everybody would like to have a financial safety net.
That's according to a survey done for one of the country's largest banks.
Android Gets a Build-Your-Own-App App
Got an idea for a smartphone app? If you've got an Android phone you might be able to build it yourself, thanks to App Inventor for Android, a new Google Labs program for Windows, OS X, and Linux that's designed to make building Android programs as easy a
Walking Away From Million-Dollar Mortgages
Whether it is their residence, a second home or a house bought as an investment, the rich have stopped paying the mortgage at a rate that greatly exceeds the rest of the population.
Changes underway at The Bay
Some new life is being breathed into The Bay's downtown Winnipeg store. The historic retailer is beginning a multi-million-dollar renovation at the end of July and moving a Zellers store — which belongs to the Hudson's Bay Trading Company — into the basem
As Oil Industry Fights a Tax, It Reaps Subsidies
According to the most recent study by the Congressional Budget Office, released in 2005, capital investments like oil field leases and drilling equipment are taxed at an effective rate of 9 percent, significantly lower than the overall rate of 25 percent
Vale workers begin to vote on tentative agreement
Company and union officials are remaining tight-lipped on the details, but it's likely Vale workers will be asked to approve some concessions when they begin voting on a tentative labour agreement Wednesday.
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