Hudson's Bay Co. has lowered its 2013 outlook amid heavy discounting among rivals in the critical pre-holiday season to draw customers.
Encana Corp.'s capital spending is expected to come in 10 per cent lower next year, while production of valuable oil and natural gas liquids is targeted to rise by 30 per cent, the company announced Wednesday.
Dani Reiss will remain president and chief executive of the company that started in a small warehouse in Toronto 55 years ago. Photograph by: Matthew Sherwood for National Post , Financial Post.
Kellogg Co. is adding its name to a growing list of U.S. companies closing plants in Ontario, as its London factory becomes a victim of changing consumer appetites.
The average price of a home in Metro Vancouver is expected to rise to $800,000 next year, up $35,000 from 2013's average of $765,000, RE/MAX forecasts in its Housing Market Outlook 2014.