Below is the recent business news from Canada Business magazine. Please note that Excalibur Executive Planning Inc. is not responsible if there are technical difficulties with the feed.

TORONTO — Trade uncertainty may weigh on the Canadian banks’ upcoming financial results, but strong employment numbers on both sides of the border and a continued boost from their international…

The post Canadian banks to report ‘solid’ quarter amid trade tensions, strong employment appeared first on Canadian Business - Your Source For Business News.

Soon, you could get fewer familiar ads following you around the internet — or at least on Facebook.

The post Facebook rolls out tool to block off-Facebook data gathering appeared first on Canadian Business - Your Source For Business News.

LONDON — The Latest on Britain’s plan to leave the European Union (all times local):
5:10 p.m.
German Chancellor Angela Merkel says the main stumbling block with Britain’s departure from…

The post The Latest: Merkel says Irish border is key Brexit issue appeared first on Canadian Business - Your Source For Business News.

Chinese technology giant Huawei has yet to feel the full force of U.S. sanctions due to temporary exemptions and other uncertainties.
Nonetheless, Huawei founder Ren Zhengfei says he expects no…

The post AP Explains: US sanctions on Huawei bite, but who gets hurt? appeared first on Canadian Business - Your Source For Business News.

The Ontario government’s cannabis wholesaler and online retailer is returning all products from CannTrust Holdings Inc. — valued at roughly $2.9-million — because they do not conform with the terms…

The post Ontario cannabis retailer returns $2.9M in CannTrust products to company appeared first on Canadian Business - Your Source For Business News.

A fishing magnate known as the Codfather will never be allowed to return to U.S. fisheries, the federal government said Monday in announcing it has settled its civil case against…

The post ‘Codfather’ settlement means magnate will never fish again appeared first on Canadian Business - Your Source For Business News.

Bell Canada says it will cut roughly 200,000 households from a rural internet expansion program after a federal regulator lowered wholesale broadband prices it can charge to smaller internet providers.…

The post Bell says it will cut back on rural broadband program after CRTC rate cut appeared first on Canadian Business - Your Source For Business News.

The Walt Disney Company is swooping into the Canadian market with its powerful new streaming platform Disney Plus in November, and analysts say the menu of Marvel superheroes, Pixar characters, and Disney animated classics could give viewers another reason to drop cable altogether.

The post Disney Plus, Cable Minus: Analysts say streaming service may escalate cord cutting appeared first on Canadian Business - Your Source For Business News.

Hong Kong’s government announced tax cuts and higher social spending Thursday to reverse a deepening economic slump aggravated by anti-government protests and the U.S.-Chinese tariff war.
The territory’s financial secretary,…

The post Hong Kong cuts taxes to shore up economy amid protests appeared first on Canadian Business - Your Source For Business News.

OTTAWA — The federal Liberal government says it plans to award a multibillion-dollar contract for hundreds of light armoured vehicles to General Dynamics Land Systems-Canada without holding a competition, while…

The post Liberals unveil $3B sole-source deal for armoured vehicles ahead of election appeared first on Canadian Business - Your Source For Business News.

Canada's two biggest airlines are taking different tacks to stow their Boeing 737 Max 8s as the aircraft's drawn-out grounding continues to cause turbulence in the flight industry.

The post Canadian airlines taking different tacks with grounded 737 Max aircraft appeared first on Canadian Business - Your Source For Business News.

HAVANA — After weeks of resistance from Cuban video gamers, the island’s state-run computer organization will absorb the services of an offline underground network that for more than a decade…

The post Cuban state to absorb underground video-gamers’ network appeared first on Canadian Business - Your Source For Business News.

WASHINGTON — How fragile is the global economy? The U.S.-China trade war is weakening businesses in both countries, Germany’s economy shrank in the second quarter, and Britain appears headed for…

The post Weak global growth likely to mean US slowdown, not recession appeared first on Canadian Business - Your Source For Business News.

Canopy Growth Corp. shares fell to their lowest level this year on Thursday after quarterly results suggested the cannabis producer lost market share and an announcement that its interim chief executive plans to leave the company, just weeks after his co-CEO was pushed out.

The post Canopy Growth shares tumble on CEO exit plans, loss of market share appeared first on Canadian Business - Your Source For Business News.

TORONTO — Intact Financial Corp. has signed a deal to buy two specialty insurers in a move that gives it a foothold in the market for wealthy clients, part of…

The post Intact inks $1B deal for two insurers as a portal to rich clients appeared first on Canadian Business - Your Source For Business News.

NEW YORK — A whistleblower who warned regulators about Bernard Madoff’s Ponzi scheme is now accusing General Electric of misleading investors, sending the company’s stock on a downward spiral.
Investigator…

The post Whistleblower accuses GE of fraud, misleading investors appeared first on Canadian Business - Your Source For Business News.

NEW YORK — Compared to the free-swinging and sometimes emotional stock market, the bond market is supposed to be the sober and measured one.
It’s getting more alarmed.
Bonds sounded…

The post The typically calm bond market is alarmed about the economy appeared first on Canadian Business - Your Source For Business News.

NEW YORK — Ron Pierce has one eye on expanding his information technology business and the other on something he can’t control: the economy.
“I’m not afraid to expand my…

The post Businesses have cautious expansion plans as economy weakens appeared first on Canadian Business - Your Source For Business News.

A new report from Canada’s ethics watchdog on the government's handling of the SNC-Lavalin affair is reviving questions about the beleaguered engineering firm's health, as well as potential broader economic consequences if it continues its path of decline.

The post SNC-Lavalin faces renewed questions over future following bombshell report appeared first on Canadian Business - Your Source For Business News.

Metro Inc. will fast-track the deployment of technology such as self-service checkouts and electronic shelf labels to its stores in an effort to lower labour costs, the grocer’s chief executive…

The post Metro to fast-track tech deployment to boost productivity and profits appeared first on Canadian Business - Your Source For Business News.

TORONTO — Foodora couriers in Toronto will end voting later today on union certification to create Canada’s first unionized workforce in the gig economy.
The company, which operates the food…

The post Foodora union vote ends today but fate could rest on if couriers are employees appeared first on Canadian Business - Your Source For Business News.

The head of Chorus Aviation Inc. is playing down questions about how the sale of Bombardier Inc.’s CRJ Series aircraft will affect the company’s leasing business, which continued to make…

The post Chorus Aviation brushes off CRJ sale concerns, stresses leasing growth abroad appeared first on Canadian Business - Your Source For Business News.

WASHINGTON — Responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy, the Trump administration is delaying some import taxes it planned to…

The post Facing pressure, Trump delays tariffs on some Chinese goods appeared first on Canadian Business - Your Source For Business News.

Ontario's moves to liberalize rules around the sale of alcohol have received an endorsement from Canada's national competition watchdog.

The post Competition watchdog writes province to support loosening Ontario liquor rules appeared first on Canadian Business - Your Source For Business News.

TORONTO — The wild ride for CannTrust Holdings Inc. shareholders continued Monday morning after the company’s stock plunged on news that its manufacturing facility in Vaughan, Ont., has been rated…

The post CannTrust says facility in Vaughan, Ont., rated non-compliant by Health Canada appeared first on Canadian Business - Your Source For Business News.

SAN JUAN, Puerto Rico — Puerto Rico’s political turmoil seemed to be at least temporarily easing on Monday with attention shifting from protests to policy following the replacement governor’s move…

The post Turmoil calms as Puerto Rico governor turns to policy appeared first on Canadian Business - Your Source For Business News.

Quebec's securities tribunal has barred a developer's offer to buy up Transat shares, halting Group Mach's bid to block the tour operator's sale to Air Canada.

The post Tribunal blocks Group Mach’s Transat offer as Air Canada secures support appeared first on Canadian Business - Your Source For Business News.

SEOUL, Korea, Republic Of — South Korea said Monday that it has decided to remove Japan from a list of nations receiving preferential treatment in trade in what was seen…

The post South Korea to remove Japan from preferred trade list appeared first on Canadian Business - Your Source For Business News.

OTTAWA — Wage growth accelerated last month to its fastest clip in more than decade, according to numbers released Friday from Statistics Canada.
The 4.5 per cent burst came in…

The post Canadian wage growth hits fastest pace since 2009, but economy sheds jobs appeared first on Canadian Business - Your Source For Business News.

VAUGHAN, Ont. — CannTrust Holdings Inc.’s independent outside auditor has withdrawn its endorsement of the company’s 2018 financial statements, the latest fallout from recent revelations about illicit grow rooms at …

The post CannTrust’s auditor no longer endorses 2018 financial statement amid controversy appeared first on Canadian Business - Your Source For Business News.

Ontario bucked a national trend that saw the pace of construction of new homes slow in July, the Canada Mortgage and Housing Corp. said Friday.

The post Ontario bucks national trend of slower housing starts in July, says CMHC appeared first on Canadian Business - Your Source For Business News.

NEW YORK — Walmart has ordered workers to remove video game signs and displays that depict violence from stores nationwide after 22 people died in a shooting at one of…

The post Walmart pulls violent game displays but will still sell guns appeared first on Canadian Business - Your Source For Business News.

Quebecor Inc. reported significantly improved second-quarter earnings as its discount cellular carrier Fizz Mobile attracted more subscribers.
The Montreal-based company’s net income attributable to shareholders was $140.2 million, or 55…

The post Quebecor second-quarter earnings grow as discount Fizz Mobile adds customers appeared first on Canadian Business - Your Source For Business News.

A vocal Hudson's Bay Co. shareholder is calling for the removal of board chairman Richard Baker if his $1-billion bid to take the company private fails.

The post HBC shareholder calls takeover bid “woefully inadequate,” calls for chairman’s removal appeared first on Canadian Business - Your Source For Business News.

Wall Street’s anxiety over the Trump administration’s trade war with China could herald lower mortgage rates for homebuyers, but a chronic shortage of houses for sale will keep prices high.…

The post As mortgage rates drop, the trick is finding a house appeared first on Canadian Business - Your Source For Business News.

TORONTO — The owner of Canada’s largest chain of movie theatres says its strategic diversification into multiple forms of entertainment helped drive the company’s second-quarter revenue to a record high…

The post Cineplex Q2 gets boost from its media, arcade and Rec Room businesses appeared first on Canadian Business - Your Source For Business News.

HALIFAX — A union-funded study is painting a bleak picture of a decimated Nova Scotia forestry industry and the rapid disappearance of 2,700 jobs if the Northern Pulp paper mill…

The post Closing N.S. pulp mill would cost 2,700 jobs, decimate forestry industry: union appeared first on Canadian Business - Your Source For Business News.

MORTON, Miss. — U.S. immigration officials raided numerous Mississippi food processing plants Wednesday, arresting 680 mostly Latino workers in what marked the largest workplace sting in at least a decade.…

The post Largest US immigration raids in a decade net 680 arrests appeared first on Canadian Business - Your Source For Business News.

Smaller internet service providers play an important, positive role in Canada's telecom market even though only a minority of consumers chose one of them over a major phone or cable company, the Competition Bureau concluded in a report issued Wednesday. 

The post Canadians benefit from independent ISPs competing with big internet networks: study appeared first on Canadian Business - Your Source For Business News.

OTTAWA — Prime Minister Justin Trudeau is facing pressure from civil society groups to update Canadians before the October election on his government’s review of a multibillion-dollar arms deal with…

The post Trudeau pressed to give update on review of Canada’s arms deal with Saudi Arabia appeared first on Canadian Business - Your Source For Business News.

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