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Aimia to cut costs further as it prepares for end of Air Canada partnership

Aimia to cut costs further as it prepares for end of Air Canada partnership

MONTREAL — Aimia Inc. share plunged 27 per cent Thursday after the operator of the Aeroplan loyalty card reported a wider quarterly loss and plans to pursue deeper cost cutting.
Debt levels could post challenge to Bank of Canada monetary policy framework

Debt levels could post challenge to Bank of Canada monetary policy framework

WINNIPEG — A senior Bank of Canada official says the central bank is looking at how the high levels of household and public debt could pose a challenge to how it manages monetary policy.
Home Capital Group says new mortgage rules have clients migrating from big banks

Home Capital Group says new mortgage rules have clients migrating from big banks

TORONTO — Home Capital Group Inc.
TransCanada going ahead with $2.4-billion expansion of NGTL system

TransCanada going ahead with $2.4-billion expansion of NGTL system

CALGARY — TransCanada Corp. is investing $2.4 billion to expand its NGTL natural gas system in Western Canada as growing production in the region has filled existing capacity and battered prices.
What to know about employee buyout packages before accepting voluntary departure

What to know about employee buyout packages before accepting voluntary departure

TORONTO — What would you do if offered a voluntary severance package: celebrate, cry or crunch the numbers? Leaving a job can be an emotional experience, but it pays to remain calm and check out the options in a systematic way before making a decisio
For builders, demand and economy up; so are interest rates

For builders, demand and economy up; so are interest rates

NEW YORK — The outlook from U.S. builders is being buoyed by a strong job market and a sizzling hot economy. The National Association of Home Builders/Wells Fargo builder sentiment index released Thursday read 72 for the second consecutive month.
Cenovus posts Q4 earnings beat on strong oil prices, refinery profits

Cenovus posts Q4 earnings beat on strong oil prices, refinery profits

CALGARY — Cenovus Energy Inc. is reporting higher fourth-quarter profits boosted by stronger oil prices, better-than-expected refinery profits and production that almost doubled after it bought out its American oilsands partner.

MTY Food Group Inc. buying Timothy's and Mmmuffins for $1.675 million

MONTREAL — MTY Food Group Inc. has signed a deal to buy Timothy's World Coffee and Mmmuffins from a subsidiary of Le Duff America for $1.675 million.
As Gaza deteriorates, Israel turns to world for help

As Gaza deteriorates, Israel turns to world for help

GAZA, Palestinian Territory — Four years ago, Israel inflicted heavy damage on Gaza's infrastructure during a bruising 50-day war with Hamas militants.
US factory output flat for 2nd straight month

US factory output flat for 2nd straight month

WASHINGTON — U.S. factory output was unchanged in January for the second straight month after three months of healthy gains.