Under Armour cuts 400 jobs
Under Armour will cut about 400 jobs, part of a restructuring that the sports gear maker announced earlier this year.
Under Armour will cut about 400 jobs, part of a restructuring that the sports gear maker announced earlier this year.
Rogers Communications Inc. has partnered with the University of British Columbia to build a campus hub for 5G innovation.
Vancouver councillors have ended two days of public hearings by voting to allow duplexes in most city neighbourhoods currently restricted to single-family homes.
Mayor Gregor Robertson says the decision is another step toward adding homes in the city for the so-called “missing middle,” which includes young families pushed out of Vancouver by soaring property prices.
European authorities said Wednesday they have opened a preliminary antitrust investigation into Amazon over the e-commerce giant’s treatment of smaller merchants on its website.
EU Competition Commissioner Margrethe Vestager said she wants to examine how Seattle-based Amazon uses data it gathers through transactions, including those involving rival sellers, on its platform.
Shares in Canadian forestry companies were down Wednesday after an analyst downgrade and lower-than expected building permits for the crucial U.S. housing sector.
CIBC analyst Hamir Patel said in a note that the bank has reduced its outlook on the industry, including downgrades on Interfor Corp., Resolute Forest Products Inc., and West Fraser Timber Co., as concerns mount about U.S. housing.
LONDON — ASTON Martin Lagonda, the maker of James Bond’s favorite sports car, plans to raise as much as 1.27 billion pounds ($1.67 billion) when it sells shares to investors for the first time.
The Canadian dollar was pushed to its highest level in September on Wednesday after crude oil prices hit a two-month peak.
The November crude contract was up $1.18 to US$70.77 per barrel, just short of a high set July 13.
Statistics Canada says manufacturing sales increased 0.9 per cent in July to $58.6 billion, boosted by the transportation equipment and chemical industries.
The federal Competition Tribunal has set a date for hearings of the Vancouver Airport Authority, which has been accused by the Competition Bureau of dampening competition among in-flight catering companies.
The CEOs of three of Canada’s major grocery chains doubled down on their expectation that food prices will soon rise at their stores.
Recent cost pressures on the industry, including rising minimum wages in some provinces, increased fuel and transportation costs and an ongoing trade war with the U.S., will soon result in some price inflation, said the chief executives of Metro Inc., Loblaw Companies Ltd. and Empire Co. Tuesday at Scotiabank’s back-to-school conference in Toronto.