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Wholesale trade climbs 1.4 per cent to $64.1B in March, beats expectations

Wholesale trade climbs 1.4 per cent to $64.1B in March, beats expectations

OTTAWA — Statistics Canada says wholesale sales rose 1.4 per cent to $64.1 billion in March. Economists had expected an increase of 0.9 per cent, according to Thomson Reuters Eikon.

United CEO vows to be aboard 737 Max when its cleared to fly

CHICAGO — CEO Oscar Munoz says he will be aboard United Airlines' first flight of a Boeing 737 Max once regulators agree to let the aircraft fly again. Munoz made the promise after Chicago-based United's annual meeting with shareholders Wednesday.

Postmedia invests in The Logic's subscription-based digital news service

TORONTO — Postmedia Network Inc. plans to buy a minority stake in The Logic Inc. — a digital-only Canadian media outlet with a mandate to break tech-focused news through investigative journalism, the two companies announced Wednesday.
TSX falls on declines among three of its most influential sectors, trade angst

TSX falls on declines among three of its most influential sectors, trade angst

TORONTO — Canada's main stock index fell Wednesday on declines in three of its most influential sectors and ongoing concerns about the trade dispute between the U.S. and China. The S&P/TSX composite index closed down 99.12 points at 16,327.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,327.35, down 99.12 points ). Prometic Life Sciences Inc. Health care. Unchanged at 4.5 cents on 14.2 million shares.

Ontario government spending growth slowest in 30 years under Tories: Watchdog

TORONTO — Program spending under Ontario's Progressive Conservatives, which will drop to its lowest level in 30 years, could contribute to weaker economic growth at a time when fiscal clouds are gathering, the province's budget watchdog said Wednesda
Encana CEO says Canadian oilfield would produce more if regulated in the U.S.

Encana CEO says Canadian oilfield would produce more if regulated in the U.S.

CALGARY — Western Canada's Montney oil and gas region would be two to four times more productive if it was in the United States with its more efficient regulatory systems, says the CEO of Encana Corp.
Postmedia invests in The Logic's subscription-based digital news service

Postmedia invests in The Logic's subscription-based digital news service

TORONTO — Postmedia Network Inc. plans to buy a minority stake in The Logic Inc. — a digital-only Canadian media outlet with a mandate to break tech-focused news through investigative journalism.
Methane ignites at Cape Breton coal mine rock face, no injuries reported

Methane ignites at Cape Breton coal mine rock face, no injuries reported

DONKIN, N.S. — A Cape Breton colliery has been issued another stop work order after a methane fire occurred as coal miners worked on the rock face Tuesday afternoon.

Nevada court orders former Vancouver man to pay back $21.7 million to investors

VANCOUVER — The British Columbia Securities Commission says it has won a court decision in Nevada that enforces a $21.7-million order against a man accused of defrauding his Canadian clients.
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