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Business International

Florida-based Rayonier makes US$807-million friendly takeover offer for Tembec

James Lopez, Tembec president and CEO, comments on the forest products manufacturer’s financial report prior to their annual meeting, Thursday, January 26, 2017 in Montreal. Tembec Inc. has received a

Business International

Quebec-California cap-and-trade auction sells out current allowances

The latest Quebec-California cap-and-trade auction sold out of its current allowances, a stark improvement from the previous one in which only 18 per cent of its offerings sold. Ontario, which

Business News

Updated: Quebec’s construction sector falls idle with mass walkout

MONTREAL — Quebec construction sites fell idle Wednesday after a union alliance representing about 175,000 workers launched an unlimited general strike, crippling activity on major projects such as the Champlain

Business International

Bombardier and U.S. aerospace supplier Triumph settle legal dispute

MONTREAL — Bombardier and Triumph have reached a settlement about five months after the U.S. aerospace supplier filed a $455-million lawsuit against the Quebec-based aircraft manufacturer. Details of the settlement

Business News

Quebec’s construction sector hit by mass walkout

MONTREAL — A union alliance representing about 175,000 Quebec construction workers has launched an unlimited general strike. The walkout began after construction companies and labour federations continued to negotiate ahead

Business News Politics

Quebec labour minister threatening special law in event of construction strike

MONTREAL — Quebec’s labour minister is threatening to bring in a special law in the event of a general strike in the province’s construction industry. Construction companies and labour federations

Arts & Culture Business

The Beat 92.5 launches its first on-demand content: Inspiration Inc.

MONTREAL, QUEBEC–(Marketwired – May 16, 2017) – In collaboration with National Bank, The Beat 92.5 is proud to announce its first on-demand content. As of today, the first episode of

Business

TC Media sells its weekly newspaper Journal de Chambly

MONTREAL, QUEBEC–(Marketwired – May 17, 2017) – Transcontinental Inc.’s (TSX:TCL.A)(TSX:TCL.B) Media Sector, TC Media, announced today the sale of its weekly newspaper Journal de Chambly, as well as its related

Business

Craft beer has runway to grow in Canada, despite U.S. slowdown, says Molson Coors

MONTREAL — The Canadian craft beer market still has room to expand even as growth in the United States begins to run out of steam, the head of Molson Coors

Business

Bombardier awards IBM 6-year contract to improve its IT operations

MONTREAL — Bombardier Inc. (TSX:BBD.B) says it has awarded a six-year contract with IBM worth about $700 million to improve its information technology operations in its rail and aerospace operations.

Business News

Railway union vows to fight move giving railways access to video recorders data

MONTREAL — Railways operating in Canada would be required to install locomotive voice and video recorders as a safety measure under legislation introduced Tuesday, but the union representing workers is

Business

Uniprix shareholders overwhelmingly approve acquisition by McKesson

MONTREAL — The Uniprix Group says its shareholders voted 95 per cent in favour of a deal announced last month for McKesson Canada to acquire 330 pharmacies in Quebec. The

Business International

Amaya announces Brian Kyle will be next chief financial officer starting June 19

MONTREAL — The parent of PokerStars has appointed Brian Kyle to be its new chief financial officer, effective June 19. Kyle comes to Amaya Inc. (TSX:AYA) from Toronto-based Pivot Technology

Business

East Coast LNG proponent teams up with Quebec explorer to tap public markets

CALGARY — The developer behind the Goldboro liquefied natural gas project on the East Coast is planning a reverse takeover of a Quebec oil and gas exploration firm to expand