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MONTREAL – Continuing a household legacy that stretches back more than a century, Dollarama has named the son of their CEO to accept reins at Canada’s largest chain of discount stores. Neil Rossy, Dollarama Inc.’s 46-year-old chief merchandising officer, will succeed his father, Larry Rossy, 73, at any given time when the Montreal-based clients are flying high, posting greater than expected earnings Wednesday, and ...

TORONTO ? After more than 4 years of not so good news and uncertainty, Kinross Gold Corp. finally has a workable development arrange for its long-troubled Tasiast mine. The Toronto-based miner greenlighted the first phase of the two-step expansion plan at Tasiast on Wednesday. Kinross invested US$300 million in the first phase, which is expected to boost production in the ...

The Canadian dollar rose towards the highest in eight months versus its U.S. counterpart following a report showed the nation’s economy growing at its fastest in three years. The currency strengthened for a fourth day, its longest streak of gains forever of February, as gross domestic product grew 0.6 percent in January from the month earlier, the biggest increase since ...

Chipotle Mexican Grill Inc. may be engaging in the burger business. Chipotle, that has already committed to two smaller chains, is considering opening another restaurant concept focused on hamburgers, said Chris Arnold, a spokesman for the Denver-based company. The organization filed a trademark application this month for the name “Better Burger,” based on the U.S. Patent and Trademark Office website. ...

CALGARY ? The phase-out of coal-fired power generation in Alberta will start in 2018, not the mandated 2030 deadline, the president of the Coal Association of Canada said Thursday. How Canada’s hard-hit oilfield workers are demanding respect amid 'absolute desperation’ Claudia Cattaneo: Canadian Association of Oilwell Drilling Contractors has launched a ‘Oil Respect’ campaign that uses tools right out of ...

MONTREAL –  TransCanada Corp will need to fight just one injunction request related to its Energy East pipeline project after a court ruling Wednesday. An environmental law group, acting on behalf of several organizations, was seeking an injunction to make TransCanada to become subject to Quebec’s Environment Quality Act. But Quebec Superior Court Justice Martin Castonguay ruled the court proceedings ...

CALGARY – The oil crash was rough on most Albertans in 2015, however for Steve Williams, president and CEO of Suncor Energy Inc., it included a pay raise. Among his achievements, the business’s board of directors highlighted the CEO’s contribution to the controversial global warming leadership plan announced by Rachel Notley’s NDP government last November. “Through a committed vision of ...

Canadian planemaker Bombardier Inc , that is seeking government help to help finance its CSeries passenger jet program, said hello received a strong order for 20 Challenger 350 aircraft. The company said on Friday the order was worth about $534 million based on the list price, but didn’t disclose the name of the buyer, citing competitive reasons. More in the ...