More parcels, less mail push Canada Post to $194M profit last year
In a year in which it overhauled its business, phased out home delivery in many areas and drastically hiked prices, Canada Post made $194 million in profit before taxes last year, the Crown corporation says.New stock exchange in Toronto pitches ban on high-frequency trading
The ceremonial first trade on Canada's newest stock exchange was made on Friday, as the Aequitas Neo Exchange launched from Toronto's Design Exchange.Another CSeries delay as Bombardier pushes delivery back to 2016
Bombardier revealed for the first time on Friday that the first deliveries of its CSeries jet to customers officially won't happen until 2016 at the earliest. That's more than three years after the jets were supposed to be available under their original timeline.3 Canadian lawsuits demand $2.4B over Takata airbags
Three plaintiffs in Windsor, Ont. have sued Takata Corp. for $2.4 billion Cdn, the company said in a notice to the Tokyo Stock Exchange on Friday.U.S. oil council: Shale won't last, Arctic drilling needed now
A United States Energy Department advisory council says the shale boom won't last long, and U.S. companies should start probing for oil in Alaska sooner rather than later.U.S. economy slowed down in 4th quarter, cooled further in 2015
The U.S. economy turned in a tepid 2.2 per cent growth rate in the 4th quarter of 2014 and it is likely the slowdown continued into the first quarter of 2015.