Business

Hotel-room occupancy hit a four-year high in August as sunny weather and an improving economy brought more overnight visitors to the city.

An Alberta Securities Commission panel has slapped fines totalling nearly $54 million on three Calgary businessmen and the companies they led the largest financial penalty levied by the market watchdog in any one case.

The Vancouver Island Region of B.C.

Bombardier Aerospace says it has received two orders worth about $800 million US for 13 Global business jets from two undisclosed customers.

Foxglove Inn and Gardens in Crofton has named Matthew Northmore head chef and instructor. He's worked at Joe's Seafood Bar, Dilettantes and Milestones, and has prepared meals for former prime minister Brian Mulroney and U.S. Vice-president Al Gore.

Software company Unit 4 has merged its North American business operations and named Victoriabased Shelley Zapp as chief executive of the combined organization.

A group of stateowned Chinese shipping companies have placed a $4.5-billion order for 50 supertankers, throwing a financial lifeline to China's struggling shipbuilders, a newspaper reported Friday.

When can you write off the cost of meals purchased while travelling? This was one of the questions covered in a tax case heard this summer involving Air Canada pilot Robert Elwood, who found himself in court over his ability to deduct more than $3,20

How about taking a picture of a cheque with your smartphone to deposit it? What about getting online advice about your investments when you're on your tablet? And then there's paying for small purchases with smartphones.

Statistics Canada says the average weekly earning for nonfarm payroll employees was $906.68 in July, up 1.1 per cent from the previous month. It says the earnings were also up 4.