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Commercial real estate trends shifting toward purpose-built rentals: Re/Max report
TORONTO — An analysis of 12 of the largest Canadian commercial real estate markets shows developers have shifted their focus toward purpose-built rental construction, some at the expense of new residential condominiums and commercial buildings.
Jun 6, 2024 11:48 AM
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SpaceX's mega rocket completes its fourth test flight from Texas without exploding
SpaceX’s mega Starship rocket completed its first full test flight Thursday, returning to Earth without exploding after blasting off from Texas.
Jun 6, 2024 11:00 AM
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Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead of the U.S.
Jun 6, 2024 10:53 AM
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Slightly more Americans apply for jobless benefits, but layoffs remain at healthy levels
The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering inflation and high interest rates.
Jun 6, 2024 8:51 AM
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ATCO Structures signs deal to buy modular building market NRB Ltd. for $40 million
CALGARY — The structures division of ATCO Ltd. has signed a deal to buy NRB Ltd., a maker of modular buildings, for $40 million in cash. ATCO says the acquisition of NRB is part of its plan to expand its manufacturing, operations and sales footprint.
Jun 6, 2024 8:20 AM
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BlackBerry asks court to dismiss some claims in case alleging CEO harassed employee
WATERLOO, ONT. — BlackBerry Ltd. and its chief executive John Giamatteo have asked a U.S.
Jun 5, 2024 10:27 PM
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Little transparency for Saskatchewan's industrial carbon levy program: auditor
REGINA — Saskatchewan's auditor says the province's carbon levy program for industrial emitters lacks public transparency, with no information on whether it's helping reduce emissions or providing economic spinoffs.
Jun 5, 2024 7:34 PM
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Lululemon sees Q1 net income hit $321M, revenues up 10%
VANCOUVER — Lululemon Athletica Inc.'s chief executive says the company's year got off to "a slower start" as it navigated "ongoing choppiness" in the consumer environment, but the company still managed to boost its profit and revenues.
Jun 5, 2024 6:37 PM
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Reduction in volumes forces Fort Nelson, B.C. natural gas plant to suspend operations
FORT NELSON — A company that operates a natural gas plant in Fort Nelson, B.C., is suspending operations because of a reduction in gas volumes, which also reduces the city's access to electrical and gas services.
Jun 5, 2024 5:31 PM
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Transcontinental earns $15.9 million in first quarter, down from last year
MONTREAL — Transcontinental Inc. says its net earnings attributable to shareholders were $15.9 million, down from $22.2 million a year earlier. The Montreal-based printer, packager and publisher says revenues were $683.2 million, down from $747.
Jun 5, 2024 5:27 PM
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