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Shares of Bombardier up more than 20% after singing CSeries deal with Airbus

MONTREAL — Shares in Bombardier Inc. soared more than 20 per cent in early trading after the company gave up majority control of its CSeries aircraft program to European company

Business International

Airbus shakes up industry with majority stake in Bombardier CSeries program

Bombardier employees work on CSeries 300 jets at the company’s plant in Mirabel, Que., on September 28, 2017. Bombardier Inc. has announced it will partner with Netherlands-based aerospace giant Airbus

Business International

U.S. court dismisses Resolute’s racketeering suit against Greenpeace

MONTREAL — A U.S. court has dismissed a racketeering lawsuit launched by Resolute Forest Products against Greenpeace and other environmental groups. The United States District Court for the Northern District

Business

Uber backs off plans to shutter Quebec operation, says it will continue for now

MONTREAL — Ride-hailing service Uber is backing down on a threat to shutter its Quebec operations, at least for now. The multinational announced Friday it won’t pull the plug on

Business International

Boeing faces challenge to prove harm from CSeries, says U.S. think tank

MONTREAL — Boeing Co. appears to face an uphill climb to prove to U.S. trade authorities that has been harmed by Bombardier’s CSeries commercial jet given that the world’s largest

Business National

WestJet shares hit two-year high on record quarterly load numbers

MONTREAL — Shares of WestJet Airlines hit a more than two-year high after the Calgary-based airline reported the highest quarterly load factor in its 21-year history. The shares peaked at

Business

Delivery deadline disappointment: TTC desire their streetcars from Bombardier

MONTREAL — Bombardier Transportation is reigniting disappointment in Toronto by notifying the city’s transit authority Thursday that it won’t meet this year’s target for delivering streetcars. The Montreal-based company’s rail

Business

Jean Coutu anticipates generic drug stability as it prepares for sale to Metro

MONTREAL — As it prepares to join the Metro grocery chain network, Quebec pharmacy company Jean Coutu Group Inc. anticipates some stability after years of provincial government intervention in a

Business International

Couche-Tard could add to empire with purchase of Kroger convenience stores

MONTREAL — Canadian convenience store chain Alimentation Couche Tard Inc. could be in the running to expand its growing global empire after grocery chain Kroger said it was considering selling

Business National

Metro says Ontario automated distribution centres unrelated to minimum wage hikes

MONTREAL — Grocery store chain Metro Inc. says the construction of its first automated distribution centres are unrelated to its efforts to offset added costs from Ontario’s rising minimum wage.

Business International

Delta says CSeries deliveries may be delayed but not killed by duties

MONTREAL — Delta Air Lines says its deliveries of Bombardier CSeries aircraft may be delayed next year but that ultimately it won’t be forced to pay the 300 per cent

Business International

Sweden considering appeal of acquitted Bombardier employee in bribery case

MONTREAL — A Swedish prosecutor says he is considering appealing Wednesday’s acquittal of a Russian employee in the Swedish branch of train maker Bombardier for aggravated bribery in one of

Business

Livelihoods versus technology: the future of Quebec’s control over taxi industry

MONTREAL — The head of one of the companies offering financing for taxi permits in Montreal insists there is still a market for the much-devalued commodity. The price of a

Business

Self-driving Ubers could still be many years away, says research head

MONTREAL — The head of Uber’s new self-driving vehicle lab says a viable, on-demand autonomous commercial transportation service remains a long-term goal. “Having self-driving cars at a smaller scale, on