Operations
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Envelope maker Supremex acquires folding carton packaging firm for $17.5M
Montreal-based Supremex has acquired Stuart Packaging, in a move it says will bolster its revenue stream as the Canadian envelope market faces margin pressure
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Higher shipping volumes fuel record earnings at Canadian Pacific
The company’s net income rose 46 per cent in the second quarter, even as its workforce rose two per cent
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Toronto, Ottawa hydro rates Canada’s highest, but still trail major U.S. cities
A new Fraser Institute study blames exorbitant rates in Ottawa and Toronto on provincial mismanagement. But these Ontario cities are well below some major U.S. metropolises and other Canadian cites are not far behind
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Feds start work on nearly decade-long overhaul of systems running EI, CPP
Government documents show officials are planning to take more than eight years to modernize IT systems for three programs that oversee $105 billion
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LCBO workers narrowly approve new four-year contract
Just 56 per cent of worker at the Ontario liquor retailer voted in favour of the new deal, which was struck just ahead of a possible Canada Day strike
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Trans Mountain pipeline expansion on track to start in September
Kinder Morgan president Ian Anderson said work is set to go ahead, days after B.C.’s new premier, who has vowed to halt the pipeline, took office
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Freight train derails west of Toronto; no injuries, spills
13 CN rail cars carrying paper and soybeans jumped the tracks at the centre of Strathroy, Ont., shutting down train service between Toronto and Sarnia
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Swimming robot probes Fukushima reactor to find melted fuel
The robot was unsuccessful in finding melted radioactive fuel in the submerged depths of the crippled Japanese nuclear plant, but there are plans for a fuller investigation Friday. Officials are working to remove the fuel from the site
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Trump sign removed from downtown Toronto luxury hotel
The building’s owner, JCF Capital, reached an agreement in June with the Trump Organization to remove the U.S. president’s name from the building; a move experts say was motivated by bad publicity associated with Trump’s divisive politics
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Ontario court halts quarry project over lack of consultation with First Nations
The licence for the proposed limestone quarry, on Lake Huron’s Bruce Peninsula, has been revoked until “proper consultations” are conducted with the Saugeen Ojibway First Nation, whose traditional territory the site encompasses