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MONTREAL -- The CEO and union leaders at Bombardier Inc. say the plane-and-train maker is well on the way to finding new work for recently laid-off employees.
Bombardier says filling different positions within the Montreal-based company, finding jobs with other employers or reverting to part-time work are part of the so-called "reclassification" process.
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MONTREAL -- Amid an ongoing scandal that has rocked the Liberal government in Ottawa, the head of SNC-Lavalin Group Inc. said he's tired of seeing his employees "used as a puck in a political hockey game.
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TORONTO -- Gains in the energy and materials sectors helped boost Canada's main stock index in late-morning trading, while U.S. stock markets also pushed higher.
The S&P/TSX composite index was up 62.19 points at 16,063.05.
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The CEO of Freshii Inc., called it "a humbling experience" to face up to what he could have done better leading the restaurant chain over the past two years as it reported a loss and shrinking same-store sales in its most recent quarter.
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The head of Magna International Inc., says U.S. tariffs on Canadian steel and aluminum continue to dent the auto parts maker, but suggested U.S. President Donald Trump's move to rev up production lines on U.S. soil could give it an advantage.
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HALIFAX - The wary skepticism that Canada's big banks have for the cryptocurrency industry was on full display Friday when a Nova Scotia judge issued an order for the eventual disbursement of more than $30 million in bank drafts tied to the QuadrigaCX insolvency case.
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TORONTO -- Barrick Gold Corp. confirmed Friday that it has "reviewed the opportunity" to merge with rival Newmont Mining Corp. but that no decision has been made.
The Toronto-based gold miner said in a brief statement that it has considered an all-share, zero-premium transaction with Colorado-based Newmont -- a move that would combine two of the world's largest gold producers.
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HALIFAX -- The company heading a controversial project that would see natural gas stored in huge underground caverns north of Halifax has gone to court to remove Aboriginal protesters from its work site.
Alton Natural Gas LP has filed an application requesting safe access to its Alton River facilities near Shubenacadie, and is seeking to remove "trespassing" protesters who have "consistently" blocked access to the site.
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MONTREAL - Saputo Inc. has signed a friendly deal to buy United Kingdom-based company Dairy Crest Group plc in an agreement valued at about $1.7 billion.
Under the deal, Saputo will pay 6.20 pounds per share for the company.
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KELOWNA, B.C. -- Flair Airlines has suspended several flight routes to Florida and California just months after expanding service to U.S. destinations.
Citing "disappointing load factors," the ultra-low-cost carrier based in Kelowna, B.C., called an abrupt halt to service from Edmonton, Winnipeg and Toronto to destinations including Miami, Tampa Bay and Palm Springs.
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PITTSBURGH -- Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by US$15.4 billion.
Shares plunged 26 per cent at the opening bell Friday, the company's biggest single-day decline, after posting a stunning $12.6 billion loss for the fourth quarter.
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WASHINGTON -- Three of Canada's premiers are in Washington to press the Trump administration for an end to punishing U.S. tariffs on steel and aluminum imports from north of the border.
Ontario's Doug Ford is with Saskatchewan Premier Scott Moe and New Brunswick Premier Blaine Higgs for meetings with diplomats and U.S.
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OTTAWA -- Statistics Canada says retail sales edged down 0.1 per cent to $50.4 billion in December as sales at gasoline stations moved lower due in large part to lower prices at the pump.
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