Labatt is making a move into the discount beer market as it plans to buy Hamilton's Lakeport Brewing Income Fund in a friendly deal worth $201.4 million.

Xstrata PLC and unionized workers at its Sudbury nickel mining operations pushed it right to the last minute but reached a tentative new labour deal.

Canada's largest beer-maker Labatt Brewing Company Ltd. said Thursday it plans to take over Ontario's Lakeport Brewing Income Fund (TSX:TFR.UN).

The Bank of Montreal will cut about 1,000 support jobs as part of a restructuring to improve efficiency and boost profits, the bank announced late Wednesday.

Michael Dell is back as CEO of the troubled computer company that he founded and still bears his name.

The U.S. Federal Reserve held steady on interest rates on Wednesday, leaving its key rate unchanged at 5.25 per cent. The rate has not changed since June 2006.

Online auction house eBay has begun delisting sales of virtual goods and items, a move that could threaten a bustling internet economy.

US Airways said Wednesday it has grounded its $9.8-billion US takeover bid for rival Delta Air, which is forging ahead with its own plans to reorganize under bankruptcy protection.

The average price of a resale home in Canada rose by 11.1 per cent in 2006, according to year-end figures released Wednesday.

Quebec's largest pork slaughterhouse is set to close May 25, 2007, after employees at the Vallée-Jonction plant rejected the company's final concession package that would have saved the factory.

Bombardier Inc. of Montreal said it is still working on its business plans for the CSeries aircraft, but is aiming to get it into service in 2013.

Strong consumer spending helped the U.S. economy grow at an annual pace of 3.5 per cent in the fourth quarter, beating economists' expectations.

The Canadian economy grew by a less-than-expected 0.2 per cent in November, following no growth in October, Statistics Canada said.

The provincial and federal governments still do not know the environmental costs of the development of the Alberta oilsands, despite setting up an agency years ago to address the issue.

Talks resumed Tuesday between Xstrata PLC and unionized at its Sudbury nickel mining operations as a Feb. 1 deadline to reach a new agreement loomed.

A report says income levels of new immigrants to Canada did not improve after 2000 even though they were better educated and more skilled than immigrants of a decade earlier.

Pfizer Canada will cut 285 jobs over the next six months as part of a broader plan by parent firm Pfizer Inc. to eliminate 10,000 jobs over the next two years.

Federal Finance Minister Jim Flaherty said Tuesday he will not change the thrust of his controversial decision to tax income trusts in any way.

The consumer versions of Microsoft's new Vista operating system went on sale in 70 countries Tuesday.

Restructuring costs pulled down first-quarter earnings at information technology outsourcing company CGI Group Inc., the Montreal firm said Monday.