Business

Dave Cockle, Deputy Fire Chief for the District of Oak Bay, has been elected by the Oak Bay Kiwanis Health Care Society to sit as a director on the Pavilion board.

Tomkins, a company jointly owned by Onex Corp. and the Canada Pension Plan Investment Board, has signed a deal to sell its Dexter Axle division to an affiliate of the Sterling Group for $360 million.

Recent heavy rainfall has led to the closure of some shellfish harvesting in Prince Edward Island. Heavy rainfall can contaminate shellfish and increase levels of bacterial shellfish poisoning.

Even though it posted another round of losses and weakened revenue, BlackBerry maker Research In Motion delivered a surprisingly positive second-quarter earnings report on Thursday that wasn't as bad as many analysts expected.

Ottawa's cost cutting measures have put it on a sound fiscal track for the future, but the provinces are left holding the bag, says Canada's budget watchdog.

Jan Lindsay, president of North Island College for the past four years, announced this week she will retire in May. "While this decision has been prompted by my desire to spend time with our rapidly growing cadre of grandchildren ...

Three former Nortel executives manipulated financial records to reap millions in bonuses, keeping the now insolvent tech firm's investors and the public in the dark, court heard Thursday during closing arguments at the high-profile fraud trial.

Canadian National Railway is testing two natural gas-fired locomotives in Alberta's oilsands region to see if it's feasible to switch from diesel to a fuel that's cheap, plentiful and relatively clean.

Alexco Resource Corp. has completed the sale of its interest in the Brewery Creek property in Yukon Territory, under a follow-on agreement reached in February with Golden Predator Corp.

The European Union is asking the World Trade Organization to impose up to $12 billion per year in sanctions on the United States as part of a long-running dispute involving government subsidies to plane-makers Airbus and Boeing.