Business - Page 6

Commercial real estate market at turning point as vacancies drop: report

Business
Canada's commercial real estate sector could be at a turning point after the national vacancy rates for both office and industrial properties simultaneously declined...

Inflation jumps to 2.4% in March driven by Iran war oil shock, StatCan says

Business
OTTAWA — The annual rate of inflation accelerated to 2.4 per cent in March as the war in Iran sent fuel costs soaring, Statistics...

Businesses can claim refunds starting Monday for tariffs that were declared unconstitutional

Business
A refund system for businesses that paid tariffs, which the U.S. Supreme Court eventually struck down, is scheduled to launch on Monday. NEW...

Canadian travellers may face higher airfares for months even if oil flows resume soon

Business
MONTREAL — Skyrocketing jet fuel costs threaten to push airfares up and flight numbers down well into the peak summer travel season, even as...

Businesses in Lloyd Center forced to seek a new location — or shut down

Business
With an August 8 closure date looming ahead, some businesses who've set up shop in the Lloyd Center Mall are in a tough situation....

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled

Business
A federal judge has blocked the $6.2 billion merger between local television giants Nexstar Media Group and Tegna until an antitrust lawsuit is resolved....

Kelowna, B.C., allowed to opt out of short-term rental rules this summer

Business
The business community is applauding British Columbia's decision to allow the Okanagan city of Kelowna to opt out of rules limiting short-term rentals in...

Reports: Spirit Airlines asks Trump administration for emergency bailout to avoid liquidation

Business
Skyrocketing fuel prices have put a further strain on the company as creditors question its future. WASHINGTON — Spirit Airlines has asked the...

Trail Blazers’ playoff return a boost for business: ‘Optimism we haven’t seen in 5 years’

Business
The Blazers' playoff return is a boost for business, President Dewayne Hankins said in a KGW interview, where he also discussed arena renovations and...

‘They suck’: Lutnick criticizes Canada’s trade strategy

Business
OTTAWA — U.S. Commerce Secretary Howard Lutnick attacked Canada's trade strategy on Friday, adding, "They suck." Lutnick was responding to a report in the...

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