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.
Canada Goose Inc., the wildly successful company behind the ubiquitous high-end parka, has sold a majority stake to U.S. private equity giant Bain Capital in a move that allows it to aggressively push into new markets in the U.S.
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.