Teck Resources lowers Q1 coal sales guidance, works to complete Elkview repairs

Teck Resources lowers Q1 coal sales guidance, works to complete Elkview repairs
VANCOUVER — Teck Resources Ltd. lowered its guidance for steelmaking coal sales for the first quarter as it worked to finish repairs to its coal drying complex in B.C. that was damaged earlier this year. The company says steelmaking coal sales volumes for the quarter are now expected to be about six million tonnes compared with earlier guidance for 6.3 million... Read More

Rogers to raise internet prices starting Monday, Bell to raise its fees in April

Rogers to raise internet prices starting Monday, Bell to raise its fees in April
TORONTO — Two of Canada’s biggest internet service providers are preparing to increase their monthly subscriber prices, a move they say is justified by the investments they’re making in their networks. Rogers Communications will raise prices for most of its internet plans by $8 a month, starting Monday. For its lowest-price plan, there will be a smaller increase of $4 per month for a... Read More

Metal producers see relief in tariff dodge but grapple with unknowns

Metal producers see relief in tariff dodge but grapple with unknowns
CALGARY — Canadian steel and aluminum producers have dodged U.S. President Donald Trump’s global tariffs but the industry says it continues to grapple with the uncertainty the debate has created. The indefinite exemption announced Thursday on the 10 per cent aluminum and 25 per cent steel tariffs is a reprieve, said Aluminium Association of Canada president Jean Simard, but the whole affair has created... Read More

Uber will inform all Canadians whose data may have been compromised in 2016 breach

Uber will inform all Canadians whose data may have been compromised in 2016 breach
Uber says it will inform all Canadians whose personal data may have been compromised in a 2016 breach after Alberta’s privacy commissioner ruled it must do so. Company spokesman Jean-Christophe de le Rue says while the company disagrees with the ruling, it will comply. Uber will email affected riders and drivers in the country over the next few days about... Read More

B.C. home sales to fall as interest rates rise, but prices stay strong: BCREA

B.C. home sales to fall as interest rates rise, but prices stay strong: BCREA
VANCOUVER — Real estate experts in British Columbia predict residential home sales will dip this year but remain well above the province’s 10-year average, although they warn rising interest rates could leave some B.C. households “vulnerable.” The British Columbia Real Estate Association has released its 2018 first quarter housing forecast, showing residential sales are expected to fall 8.6 per cent to... Read More

Toys R Us Canada carries on business as usual amid reports of U.S. liquidation

Toys R Us Canada carries on business as usual amid reports of U.S. liquidation
TORONTO — Toys R Us Canada says it’s business as usual amid reports that the retailer’s U.S. counterpart is preparing to liquidate operations in the United States. The Canadian retailer says it has no information or comment about various media reports that say Toys R Us  is making preparations to close all of its U.S. stores. The U.S. and Canadian divisions of... Read More

Canada adds 15,400 net jobs, but loses full-time work; jobless rate dips to 5.8%

Canada adds 15,400 net jobs, but loses full-time work; jobless rate dips to 5.8%
OTTAWA — The economy added 15,400 net new jobs last month and the unemployment rate edged down to 5.8 per cent — but the gains were due to a surge in part-time work that offset a heavy decline in full-time positions. Statistics Canada’s latest labour force survey, released Friday, also found that the job gains in February were driven by an increase of 50,300 in public-sector jobs.... Read More

Aurora successful in offer for CanniMed shares, integration to start

Aurora successful in offer for CanniMed shares, integration to start
EDMONTON, B.C. — Aurora Cannabis Inc. says it has been successful in its friendly offer for CanniMed Therapeutics Inc. and will now begin the process of combining the two companies. The company says 70.66 per cent of CanniMed’s shares have been tendered to its offer and that it will now take up and pay for them as soon as possible.... Read More