Business

Canada Post to start charging $200 in January

The Canadian publisher of the Yellow Pages directories is showing signs of financial recovery as it adapts the century-old business to the digital age.

Wi-Lan Inc. is reporting a drop in both revenue and profits in the third-quarter, citing the timing of licensing payments as a major reason for the decrease. The patent licensing firm says net income in the three months ended Sept. 30 was $2.

Liquor control branch cracks down on Greater Victoria drinking venues

The Toronto stock market closed little changed Tuesday with traders inclined to do little while hoping that the U.S. presidential election will yield a clear-cut winner. The S&P/TSX composite index drifted 8.42 points higher to 12,361.

Air Canada's shares surged more than six per cent on heavy trading volumes Tuesday, a day after the airline reported good traffic numbers in October and at least one analyst boosted his target price by 39 per cent.

Wilson's Transportation has added a haul of 11 highway coaches and six double-decker coaches to its fleet in order to fill a void in the marketplace.

Enbridge Inc. says it will build, own and operate a deepwater crude oil pipeline in the Gulf of Mexico, but did not provide a price tag for the project.

B6

United Kingdom lawmakers tore into the chief of the tax authority for allowing coffee chain Starbucks to pay almost no corporation tax despite selling coffee and snacks worth billions of pounds to British customers.