CBC Business News

Subscribe to CBC Business News feed CBC Business News
Updated: 1 hour 42 min ago

Bombardier on track to deliver on turnaround goals, CEO says

4 hours 52 min ago

Bombardier Inc. says it's on track to deliver on its promised five-year turnaround in 2020 as its aerospace and railway divisions are projected to deliver better revenues and profits.

Cineplex tests $1 reserved seating surcharge at some Star Wars screenings

6 hours 49 min ago

Cineplex Inc. is giving Star Wars fans a surprise twist at the box office by charging an extra dollar for assigned seating at some showings.

FCC votes to roll back U.S. net neutrality protections

8 hours 16 sec ago

The Federal Communications Commission voted to roll back U.S. laws designed to ensure a free and open internet, a controversial yet expected decision that critics say hands control of web traffic to a small number of billion-dollar companies.

These are the things that Bank of Canada's Poloz says keep him awake at night

8 hours 52 min ago

Cyber threats, the housing market, youth jobs, and bitcoin are among the things that Bank of Canada governor Stephen Poloz says keep him up at night. Watch his speech to the Canadian Club in Toronto here at 12:40 p.m. ET.

Canadians owe $1.71 for every dollar of disposable income they have — a new record high

10 hours 58 min ago

Canadians owe $1.71 for every dollar of disposable income they had in the third quarter of 2017, the highest amount on record.

Home sales rise to November record as average price hits $504,000

11 hours 40 min ago

Last month was the busiest November for Canadian home sales on record, despite a slowdown in activity in the Greater Toronto Area.

Disney to buy much of 21st Century Fox in $52B US takeover

12 hours 38 min ago

Disney is buying a large part of the Murdoch family's 21st Century Fox in a $52.4-billion US deal, including for film and television studios, cable and international TV businesses, as it tries to meet competition from technology companies in the entertainment business.

Cenovus Energy plans to cut 15% of workforce to reduce costs

12 hours 39 min ago

Cenovus Energy Inc. said Thursday it is planning to cut about 15 per cent of its workforce as it looks to reduce costs next year.

Why Canada's net neutrality fight hasn't been as fierce as the one in the U.S.

16 hours 17 min ago

America's telecom regulator is much more partisan than Canada's own, but there are legal reasons too.

Peak beer? Why some are worried the craft-brewing craze could flood the market

16 hours 17 min ago

The popularity of craft beer has seen the number of licensed breweries in Canada increase dramatically over the past five years. But some say the industry could be facing a flooded market.

Yellen swan song reveals confidence in North American economic future: Don Pittis

16 hours 17 min ago

Rather than carping at Donald Trump or her successor Janet Yellen was upbeat. But Canadian borrowers should watch out for much higher interest rates.

MLSE strikes deal to buy Toronto Argos

Wed, 12/13/2017 - 13:54

Maple Leaf Sports & Entertainment has struck a deal to buy the CFL's Toronto Argonauts. The deal still needs to be approved by the CFL's board of governors.

Morneau to outline income sprinkling guidelines today

Wed, 12/13/2017 - 09:10

Finance Minister Bill Morneau will finally outline this afternoon how his government plans to crack down on the practice of income sprinkling, months after stating his intention to do so.

3 things to watch for from the Federal Reserve on Wednesday

Wed, 12/13/2017 - 08:34

On the day when Janet Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt what it plans to do Wednesday: Raise its benchmark interest rate for the third time this year.

What legal weed stores will look like: 'Very chic, very modern, very clean-cut'

Wed, 12/13/2017 - 08:14

With less than seven months to go before recreational marijuana becomes legal, provinces and territories are scrambling to come up with plans to sell cannabis, but few details have emerged about what the retail experience of buying legal weed will be like.

Hectic lives making meal kits delivered to your door a booming trend in Canada

Wed, 12/13/2017 - 07:23

Home-delivered meal kits have are a food phenomenon that has quickly grown into a $120-million industry in Canada.

U.S. inflation rate ticks up to 2.2% as Federal Reserve expected to announce rate hike

Wed, 12/13/2017 - 06:05

Gasoline prices in the U.S. rose by 7.3 per cent last month, enough to push the country's overall inflation rate up to 0.4 per cent.

Get ready to get dinged when you dine out next year

Wed, 12/13/2017 - 03:00

Food prices are expected to hold steady for the next year — unless you like eating in restaurants.

Ontario's new ticket sales law could backfire for fans, critics warn

Wed, 12/13/2017 - 02:00

Ontario is on the verge of overhauling the way tickets for live events are bought and sold and some major stakeholders in the industry are warning the measures could drive online sales to the black market and offer less fraud protection for fans. But the government said it acted to put fans first.

How an expected U.S. interest rate increase will affect Canadians: Don Pittis

Wed, 12/13/2017 - 02:00

A U.S. rate rise today seems like a foregone conclusion, with more to come. Canadian borrowers should ask, "How many more?"


Back to Top

Communities Served

Avola, Barriere, Blue River, Chase, Clearwater, Kamloops, Little Fort, McLure, Pritchard, Sun Peaks, Vavenby, Westwold

Self-Employment Communities Served

Chase, Kamloops, Lillooet, Merritt


330 Seymour Street
Kamloops, BC
V2C 2G2

T: 250.828.8772
F: 250.828.6861