Canadian families will pay nearly $500 more in 2020 for food, report says
The average Canadian family will pay up to an extra $487 for food next year, according to an annual report involving Halifax and Ontario university researchers that highlights climate change as a culprit for rising prices, especially in the produce department.
Royal Bank misses analyst expectations in 4th quarter
Royal Bank of Canada's profit in the fourth-quarter edged lower compared with a year ago, due in part to lower results at some business units and increased provisions for credit losses, RBC announced Wednesday.
Calgary company to build diluent recovery unit near Hardisty to boost crude export room
Gibson Energy Inc. says it will build a 100,000-barrel-per-day diluent recovery unit near the Alberta oil marketing hub of Hardisty, a strategy expected to free up room in pipelines and on railcars for oilsands exports.
B.C. man identified in connection with RCMP probe into CRA phone scam
A Burnaby, B.C., man has been identified as a suspect in an RCMP investigation into organized crime groups accused of scamming Canadians by posing as Canada Revenue Agency officers, demanding payment through cash and gift cards.
BMO restructuring charge to lead to hundreds of job losses
The Bank of Montreal's fourth-quarter profit fell to $1.19 billion as it was hit by a restructuring charge related primarily to severance that will affect about five per cent of the its global workforce, the bank announced Tuesday.
WTO tries to grapple with existing caseload before critical date next week
The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle a handful of pending cases, according to trade officials present at a meeting on the subject.
Trump says China trade deal might have to wait until after 2020 election
U.S. President Donald Trump said a trade agreement with China might have to wait until after the presidential election in November 2020, denting hopes of a quick resolution to the dispute that has weighed on the world economy.
Canadian communities are tapping into greener ways to heat and cool buildings
Waste heat from sewage water warms condo buildings in Vancouver, while cold water from Lake Ontario cools Toronto office towers. Here’s how district energy systems across the country are tapping into local, greener energy sources to keep buildings comfortable and cut carbon emissions.