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Business

Fishers block U.S. lobsters

New Brunswick lobster fishermen have surrounded a tractor-trailer outside a Shediac processing plant and are vowing to keep it there until its cargo rots.

Ritchie Bros. hike dividend

Ritchie Bros. Auctioneers Inc. increased its quarterly dividend as it reported improved results for its second quarter. The auctioneer of industrial equipment said it would pay a quarterly dividend of 12.25 cents per share, up from 11.

Struggling ING may sell Canadian arm

Several Canadian banks may be interested in scooping up ING's Canadian banking arm, analysts said Thursday after its troubled parent company announced it is reviewing Canada's largest Internet bank as a prelude to a possible sale.

EI changes into effect next week

Starting next week, jobless Canadians will be able to keep more of their employment insurance benefits if they find temporary jobs during searches for full-time work.

Trio of Island firms make Venture cut

$235,000 up for grabs in competition

Tourist levels encouraging after poor start

It is no longer just a cheesy, lip-synched phrase from the late 1980s. Now even the Victoria tourism sector will "blame it on the rain" as bad weather is being cited for a slow start to the tourist season.

From Oak Bay to Oregon, love gets the best seat

Mark and Janet Jones of Oregon fell in love with Oak Bay during their honeymoon last year, and one of the highlights was the street market on Oak Bay Avenue.

Recovery will take longer

Canadians are in for at least two more years of slowing economic activity and low job creation, a condition that should keep interest rates low until 2014, says the Bank of Nova Scotia.

Drought to lift food prices

Ingredient costs moving higher, says Maple Leaf

Catalyst cuts losses, but revenue sinks

Pulp and paper producer Catalyst Paper says it narrowed its second-quarter loss to $11.7 million, or three cents per share. That's compared to a loss of $47.4 million, or 13 cents per share, a year ago. Revenue was $312.8 million, compared to $340.