Skip to content

National Business

OREA asks Ontario to allow open bidding process, revamp realtor rules

OREA asks Ontario to allow open bidding process, revamp realtor rules

TORONTO — The Ontario Real Estate Association is making more than three dozen recommendations to the provincial government on how it should update the rules governing realtors, including allowing for a more open bidding process for buyers and sellers
Estee Lauder moves to have Deciem founder removed after bizarre Instagram post

Estee Lauder moves to have Deciem founder removed after bizarre Instagram post

TORONTO — Estee Lauder Companies Inc. is seeking to oust the founder of Toronto-based beauty brand Deciem, days after he abruptly announced on social media that he was closing down his company.
US, Russian astronauts land safely after rocket failure

US, Russian astronauts land safely after rocket failure

BAIKONUR, Kazakhstan — The problem came two minutes into the flight: The rocket carrying an American and a Russian to the International Space Station failed Thursday, triggering an emergency that sent their capsule into a steep, harrowing fall back t

High schools not preparing youth for employment, business group says

TORONTO — High schools don't adequately prepare students for the workforce and they should put more emphasis on teaching skills required by employers, the Canadian Federation of Independent Businesses concludes in a study released Thursday.

3 farmers to plead guilty in organic grain fraud scheme

IOWA CITY, Iowa — Three Nebraska farmers will plead guilty to knowingly marketing non-organic corn and soybeans as certified organic as part of a lengthy, multi-million-dollar fraud scheme, federal prosecutors revealed Thursday.

Pacini Restaurants moving beyond Quebec with expansion in Canada and U.S.

MONTREAL — Quebec-based Pacini Restaurants Inc. is aiming to pierce the U.S. market and expand across Canada as it prepares to open more than 200 locations across North America within the next decade.

Italian parliament approves controversial spending targets

MILAN — Italy's parliament has approved deficit-raising spending targets, defying markets and Italy's eurozone partners who had been pressing for changes.
Mastermind Toys launches free loyalty program; eyes expansion to smaller markets

Mastermind Toys launches free loyalty program; eyes expansion to smaller markets

TORONTO — Mastermind Toys is joining Canada's crowded loyalty rewards space by launching its own plan. The Toronto-based retailer says the free program is available at all 63 store locations and at mastermindtoys.com.
BMW ramps up investment in China to meet electric demand

BMW ramps up investment in China to meet electric demand

FRANKFURT — German automaker BMW is taking a majority stake in its China joint venture and investing 3 billion euros ($3.
US consumer prices up slight 0.1 per cent in September

US consumer prices up slight 0.1 per cent in September

WASHINGTON — Consumer prices edged up a slight 0.1 per cent in September as energy prices retreated after a big gain in August. The Labor Department said Thursday that the September gain in its closely watched consumer price index followed a 0.