Top Business Headlines
 

January 19, 2020

 
 
Top news
 
Bombardier says priority is buying back Caisse’s stake in train unit
  Bombardier says priority is buying back Caisse’s stake in train unit
 

Nicolas Van Praet

As Bombardier Inc. weighs its strategic options to tackle a crippling $9-billion debt load, its first priority could be to buy back the minority stake in its train business owned by Canadian pension giant Caisse de dépot et placement du Québec.

 
Bombardier struck a deal with the Caisse in November, 2015, to sell a 30-per-cent stake in the unit, known as Bombardier Transportation (BT), for US$1.5-billion. The deal bolstered Bombardier’s balance sheet at a critical time, replenishing depleted cash reserves used to bring the C Series jet to market.

 
 
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Subscriber Call-In
 
Join a subscriber-exclusive call-in with Rob Carrick and CEO, Credit Canada Debt Solutions, Laurie Campbell on January 22nd at 12 p.m. ET as they discuss the best ways to repair a weak credit score, and more!
 
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Editor's picks
 
Germany takes on Big Tech: Inside the fight to curb the power of global data giants
  Germany takes on Big Tech: Inside the fight to curb the power of global data giants
 

Josh O’Kane

 
Technology Reporter
 
Full Story
 
Electric Overdrive: Why Tesla’s soaring stock keeps defying doubters
  Electric Overdrive: Why Tesla’s soaring stock keeps defying doubters
 

Ian McGugan

 
Full Story
 
The tax implications the Sussexes would face in Canada
  The tax implications the Sussexes would face in Canada
 

Patrick Brethour

 
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Latest posted news
 
  These are the reasons why Amazon serves as a model for management
 
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Elon Musk’s SpaceX to simulate rocket failure in final astronaut capsule test
 
Full Story
 
  Facebook must disclose app records for Massachusetts probe, judge rules
 
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Michael Babad's Business Briefing
 
  Should you invest in high-end real estate as bull market in stocks gets long in tooth? Many Canadians are
 

Michael Babad

 
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Opinion
 
  The Liberals’ touted green tech tax cut for companies comes with uncertainty
 

Adam Radwanski

When Canada’s Minister of Innovation, Science and Industry attends this coming week’s World Economic Forum in Davos, he will be touting a policy that his government has not yet introduced.

 
As part of an effort to attract green investment, Navdeep Bains will highlight a 50-per-cent corporate tax cut for companies that develop and manufacture net-zero-emissions technology – a commitment that was made by Justin Trudeau’s Liberals during last fall’s election campaign and received limited attention at the time.

 
 
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Energy and resources
 
  Eastern Libya halts more than half the country’s oil output
 
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financial services
 
  Internal probe finds no evidence of misconduct by regulator in handling of PACE Credit Union case
 
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Inside the Market
 
  Kelt Exploration CEO buys as oil has a seasonal stumble
 
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Economy
 
  Staying put: How Toronto’s tenants are coping with a rental crisis
 
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Technology, telecom and media
 
  Smaller rivals join growing chorus against Big Tech’s ‘monopoly’ at House subcommittee hearing
 
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International business
 
  Best Buy board investigating misconduct allegations against CEO Corie Barry
 
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Small business
 
  Report on Small Business Newsletter: Veteran entrepreneur Jim Estill’s new venture, ShipperBee, may be his most ambitious
 
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Careers
 
These are Canada’s top employers for young people in 2020
 
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In case you missed it
 
Rogers rolls out 5G wireless networks in major Canadian cities
  Rogers rolls out 5G wireless networks in major Canadian cities
 

Alexandra Posadzki

 
Telecom reporter
 
Full Story
 
 
Politics Briefing Newsletter
 
Stay informed about Canadian politics with Chris Hannay's Politics Briefing newsletter. For subscribers.
 
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