Business

Canfor Corp. extending temporary curtailment of sawmills in B.C.; cutting hours

Vancouver-based company says the decision is due to declining lumber prices, high log costs and log supply constraints

B.C. to move salmon farms out of coastal migration route

Broughton Archipelago plan set to start in spring of 2019

Facebook reveals bug gave apps unauthorized access to 6.8 million users’ photos

It’s believed up to 1,500 apps built by 876 developers had access to Facebook Stories, private photos

Lower-than-expected parcel volumes helping cut into backlog, says Canada Post

The Crown corporation says that’s largely because it is taking in fewer holiday parcels than expected

Tilray names several former politicians to international advisory board

Many former politicians and political operatives have made a foray into the legal pot industry

Campbell River man makes audio editing his business

Ear Worm Sound’s Matt Gionet even had his own radio station as kid

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Clock fixer
Five things to watch for in Canadian business, the week of Oct 15th
Low-cost airline Swoop launches in Canada
Morneau: Feds would back new Trans Mountain investors

B.C. lumber industry trade mission still has high hopes for China

Forests Minister Doug Donaldson cut short trip after Japan, Korea stops

Canadians spent $1.7 billion dollars online in December 2017

Online retail sales accounted for 3.4 per cent of total retail sales

Flair Airlines flight attendants issue 72-hour strike notice

Union representing 139 flight attendants said notice comes after both sides failed to reach agreement this week

One of B.C.’s major poinsettia producers says business is booming

Hilltop Greenhouses in Saanich grows 100,000 poinsettias a year

Shoppers Drug Mart granted licence to sell medical marijuana online

Shoppers was granted a medical marijuana producer licence in September, after applying in October 2016

Holiday secret revealed: Why you only get eggnog at this time of the year

Canadians drank almost eight million litres of eggnog in 2016

Canada exports fresh Christmas trees, imports fakes

Canadians imported $61 million worth of fake Christmas trees, despite having 1,872 Christmas tree farms throughout the country

Oil producers from around the world join forces and cut production again

Oil producers have been under pressure to reduce production following a sharp fall in oil prices

Update: Bank of Canada holds interest rate at 1.75%

Dip in monthly GDP and lower-than-expected oil prices have dampened growth expectations

Gluts, price differential: 6 things to know about Canada’s oil-price gap

Alberta says about 190,000 barrels of raw crude oil and bitumen are being produced each day that can’t be shipped out

Teck sells 30 per cent stake in Quebrada Blanca Phase 2 to Sumitomo for US$1.2B

Quebrada Blanca Phase 2 is a massive undeveloped copper project in Chile

Lake Louise ski resort to appeal $2.1M fine for chopping down endangered trees

Two charges were laid under the Species at Risk Act and the Canada National Parks Act

Admitted to taking down endangered trees: Lake Louise ski resort to be sentenced

A total of 132 trees were removed, but the actual number of endangered whitebark pine has been disputed