Canada Post selling off logistics business as part of effort to ‘transform’ Crown corp

Canada Post selling off logistics business as part of effort to ‘transform’ Crown corp

Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation. The sale of SCI Group Inc. to Metro Supply Chain comes as the country’s national postal service “focuses on transforming to serve the changing needs of Canadians and Canadian businesses,” says … Read more

Trans Mountain to present pipeline variance arguments at hearing with regulator

Trans Mountain to present pipeline variance arguments at hearing with regulator

The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance. The Trans Mountain pipeline is Canada’s only oil pipeline to the west coast, and its expansion will boost the pipeline’s capacity to 890,000 barrels per day from 300,000 currently. The project’s … Read more

What does 2024 have in store for the Canadian economy?

What does 2024 have in store for the Canadian economy?

It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing economy. But a handful of economic indicators give us some hope for 2024. Inflation has slowed dramatically, and the economy didn’t actually slip into recession. … Read more

Olympic medallist among 3 new senators appointed by Trudeau

Olympic medallist among 3 new senators appointed by Trudeau

Politics Prime Minister Justin Trudeau has appointed a former Olympian, a philanthropist and the head of the Canadian Women’s Foundation to the Senate. All three appointees to fill vacant Ontario Senate seats The Canadian Press · Posted: Dec 20, 2023 3:32 PM EST | Last Updated: 9 hours ago Marnie McBean (left), Paulette Senior (centre) and … Read more

For Blue Jays owner Rogers, signing Shohei Ohtani is about more than just baseball

For Blue Jays owner Rogers, signing Shohei Ohtani is about more than just baseball

The Toronto Blue Jays are reportedly one of the last teams still in the running to sign baseball’s superstar Shohei Ohtani. Baseball insiders say it will take between $500-$600 million to land the Japanese phenom. But for Rogers Communications, the company that owns the team, this isn’t just about baseball. They want Ohtani to come to … Read more