• Blog
• About
• Contact
• Questions
• News

Your Canadian Business News in 10 Minutes

Read business news personalized to your individual tastes. Just click on the stories that interest you, and let Topic Snack do the rest.

Traditional retailers clicking on the Internet. The recession is driving more Canadian consumers to shop online, comparing prices and features, but more often than not they are still going into the store to buy.   Forgiving of student debt tricky. The government has made it difficult to dodge student loans through bankruptcy.   Whipping up interest in new dominant theme. The 2007-2008 bear market has exposed a number of investment myths and gored a few sacred cows.   Grocery worker pensions in jeopardy. Almost 300,000 unionized grocery store workers and former employees could face big benefit cuts in the country's largest multi-employer pension plan.   Class action urged over Aeroplan's points policy. Noella Neale spent years accumulating Aeroplan miles only to discover her account had suddenly "expired" when she tried to book a flight to San Francisco.   Deception bundled in contracts sold door-to-door. I've been deluged with complaints about misleading sales of energy contracts.   Yousif shares secrets of launching design career. Toronto's Nada Yousif is a young, mostly self-taught independent designer who is making a splash on the local fashion scene.   Suspending provincial nuclear plant plans a wise move, OPA says. The provincial government was wise to suspend its plans to build a new nuclear plant, says the head of system planning at the Ontario Power Authority, who assured yesterday that the decision will not affect the stability of the electricity system.   Bombardier secures tram, rail orders. Austrian transport operator Linz Linien has placed a $93 million (U.S.) order for another 23 trams from Bombardier, the Montreal-based rail and aerospace equipment maker.   Crude slides on job losses. Oil dropped a dollar to below $66 (U.S.) a barrel yesterday after unemployment data hardened views economic weakness would sap energy demand and that last month's rally was overdone.   Lessons from the Great Recession. It has proved the world to be far more interconnected than was once believed   China's Catch-22: $2-trillion in foreign reserves. As the country moves some of its U.S. currency into the economy, it risks lowering its value   Telecom titans in brave new mobile world. The industry's giants are presented with huge opportunities from new wireless technologies, but they also face serious challenges   The man behind the Teck-CIC deal. Felix Chee is a reflection of the Chinese fund's newfound expertise in all things Canadian   Emerging markets performing maybe a bit too well. These economies could be stuck in low-growth modes for the foreseeable future   China's hunger for resources bolsters Teck. $1.74-billion deal provides cash-strapped Canadian firm with strategic partnership   Sun finally sets on notion that markets are rational. Unforeseen calamities, uncontrolled greed and other seemingly irrational behaviours have finally buried shaky hypothesis   Russia's foray into the car business. From the Lada to the Siber, a look at the country's auto history   Putin puts Russia in the driver's seat. With plenty of cash in its reserves and a gutted European car maker on the block, the Prime Minister is behind Russia's plan to create an auto industry   How to avoid the market's sideways rut. When the market is dawdling along, you have to look harder for good returns, but these experts are confident they exist   Chinese firm makes bid for Opel, GM says. Non-binding offer gives U.S. company options should negotiations with Magna be unsuccessful   Adaltis granted creditor protection. Montreal-based medical devices maker secures financing of $3-million to keep operating   Fund redemptions total up to $1.8-billion in June: IFIC. ‘We are continuing to see a re-balancing of assets, as investors are moving back into long-term fund categories'   TSX manages small gain. Trading volume light on Canadian benchmark as U.S. markets closed for Independence Day holiday   Oil price falls below $66. Traders brace for further downward move below $60 a barrel as demand remains weak, inventories high   Renting a good plan for globetrotters. This couple worries travelling may be impairing their ability to afford a home down the road   Why Eric Sprott isn't right. Going long on gold is a good idea, but shorting bonds isn't   Alcoa reports on second quarter, Wednesday. Get up to speed on the news that matters, before it happens   China buys stake in Teck. CEO Don Lindsay on the Canadian miner's latest move   Job losses will rise though next year, Flaherty predicts. Finance Minister Jim Flaherty now expects Canada's economic recovery to be modest and for job losses to mount into 2010 even after growth has begun.   Global jobless rates worrisome: Flaherty. Finance ministers gather in Chile to debate lingering problem; recovery from recession expected to be modest   North Korea's take on beer: nutritious, relaxing. Country airs first TV commercial for suds   Bank mergers unlikely now. The global financial crisis may have taken mergers among Canadian banks off the table once and for all as the breakdown of major financial institutions around the world has shown that bigger is not necessarily better.   Old new again at Saturday Evening Post. The Saturday Evening Post, a centuries-old publication that helped make illustrator Norman Rockwell a household name and showcased some of America's greatest writers, is returning to its roots to show readers the value of a quiet read in an increasingly fr   Chinese automaker challenging Opel bid?. A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday.   Trans-Saharan pipeline to deliver gas to Europe. Nigera, Algeria and Niger have signed agreement for the $10-billion line   Metals lift Toronto stock market. U.S. markets are closed for Independence Day holiday   Strike averted at Globe as deal reached. The Globe and Mail and 480 unionized employees reached a tentative contract agreement late Thursday, averting a strike at one of Canada's oldest and most influential newspapers.   China's resource plays. A look at 2009's slate of Chinese investments in commodities   Major nations should back U.S. dollar as key currency: Japan. Emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week