Business News

  1. Is Ottawa’s ‘supercluster’ funding initiative a superboondoggle in the making?

    Ottawa’s plan to improve productivity and innovation through the promotion of five regional economic groups is both ambitious and expensive. It may provide the spark the country needs – unless it proves to be a fat subsidy for global technology giants
  2. Brookfield submits new takeover offer for U.S. mall owner GGP: sources

    New bid comes more than three months after GGP rejected a $14.8-billion cash-and-stock acquisition offer from Brookfield as inadequate
  3. WestJet union drive helped by unhappiness with pay formula: flight attendant

    Industry-wide system that only compensates flight attendants for time between the departure from one airport gate and arrival at the destination terminal is unfair, employee says
  4. Tanenbaum, ex-NBA player team up to buy Coca-Cola’s Canadian bottling business

    The MLSE chairman and Junior Bridgeman jumping on opportunity to capitalize on company’s strategic shift as it moves to focus on product development and marketing
  5. CP Rail CEO Keith Creel made $20.1-million in first year in role, filing says

    His compensation includes a base salary of $1.4-million, a cash bonus of $2.4-million and stock-option awards worth $10.5-million
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