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Canadian News

TV profits fall as viewers, advertisers look elsewhere

TV profits fall as viewers, advertisers look elsewhere

Canada's conventional television industry saw profits drop 85 percent last year, as advertisers found other ways to spend their money and programming costs increased sharply amid...
Steve Ladurantaye, The Globe and Mail
Posted on 6-14-2013 at 8:39 AM
Paul Bagnell reportsplay

Sears sells leases for two 2 key Toronto-area stores

Sears Canada Inc. is selling leases of two of its high-profile stores back to their landlords for $191-million plus options on a third store for $1-million that could raise another...
Marina Strauss, The Globe and Mail
Posted on 6-14-2013 at 7:20 AM
Canadians warm to froyo crazeplay

Canadians warm to froyo craze

Now that summer is finally here, cool treats, especially ice cream, become a daily staple of Canadians. But there's a new player in town -- 'froyo' -- a hip, modern version of the frozen...
Michael Chu, Chase Producer, BNN
Posted on 6-14-2013 at 1:15 PM
Martin Cej and Frances Horodelski have the details.play

The new profile of Canada’s richest

Close to half of Canada's high-net-worth individuals are immigrants or first-generation Canadians, says a new study.
Bertrand Marotte, The Globe and Mail
Posted on 6-13-2013 at 9:30 AM
Bank of Canada says some shadow banking areas need monitoring

Bank of Canada says some shadow banking areas need monitoring

Some areas in Canada's shadow banking sector warrant focused monitoring, the Bank of Canada said on Thursday, though it said domestic shadow banking was relatively small and was...
Randall Palmer, Reuters
Posted on 6-13-2013 at 2:03 PM
Kristine Owram reportsplay

Harper touts ‘monumental’ Canada, EU trade pact

Prime Minister Stephen Harper made his pitch for a trade deal between Canada and the European Union in a speech to the British parliament Thursday, saying it would benefit both sides.
Paul Waldie, The Globe and Mail
Posted on 6-13-2013 at 8:07 AM
Rob Gerlsbeck, editor, Canadian Grocer play

Empire shares jump after it pulls off 'coup of the year'

Shares of Empire Co jumped as much as 14 percent in early trading on Thursday, following what was seen as a game-changing deal by the operator of Canadian grocery chain Sobeys to acquire...
Euan Rocha, Reuters
Posted on 6-13-2013 at 1:56 PM
Paul Bagnell has the details.play

Travel operator Transat expects to post profit this year

Canadian travel operator Transat AT Inc said it expected to return to profitability this year after it reported a smaller-than-expected quarterly loss as prices rose and its efforts to cut...
Reuters
Posted on 6-13-2013 at 12:07 PM

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