Amazon announced Wednesday that it will offer its Prime Instant Video service in Japan next month, going toe-to-toe with rival Netflix in the video streaming industry.
Tags: Canada
Drilling activity in Canada set to slow down
The oil drilling activity in Canada is taking a hit as crude oil price is still hovering at $50 a barrel. The current situation is forcing Canadian oil companies to lower drilling activity in 2016.
Canada's new Liberal Prime Minister under pressure to deliver promises
Right after defeating his rivals, Canada's new Prime Minister is immediately under heavy pressure to perform and deliver on his promises, especially on climate change, legalizing marijuana, and fighting terrorism.
AltaGas LNG export plans on hold over import tax dispute
AltaGas Ltd has put its investment plan of C$600 million ($464mn) on hold over an ongoing dispute over the tax on imported equipment. AltaGas has drawn a plan to export Liquefied Natural gas (LNG), but couldn't take it forward as it's involved over a tax dispute with the government. AltaGas is optimistic that the dispute will be resolved shortly and expected to take the project off in November.
Cage-free eggs for McDonald's in a decade
On Wednesday, McDonald's announced its plan to fully transition to cage-free eggs in the U.S. and Canada over the next 10 years. The all-time favorite fast-food restaurant will join the booming number of restaurants and food companies making the same commitment to meet consumer demand, reported by Chicago Tribune.
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Prices of various precious metals have dropped, hitting junior miners. This prompted the junior miners to venture on various unconventional options, ranging from exporting eggs to farming medical marijuana.
Madewell, a smaller J. Crew brand, recalled 50,600 pairs of sandals that were sold online in Canada and the US. The recall was done because a metal shank from the inside of the shoe can dislodge and come out of the bottom of the outsole. When this happens, it could pose a fall hazard for the wearer.
Digital payment app has become a trend and BlackBerry Messenger now allows its user to send money online by integrating with PayPal.
Canada is now facing its worst dilemma - a mild contraction, according to Stephen Poloz, governor of the Bank of Canada.
The Simple Choice North America Plan, otherwise known as "Mobile without Borders," is the latest installment of T-Mobile's Un-carrier Amped program.
Canada must join a proposed Pacific trade pact but will strive to protect farmers, Prime Minister Stephen Harper said on Thursday, referring to foreign pressure to scrap tariffs that protect the dairy industry.
U.S. lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama's efforts to strengthen U.S. economic ties with Asia.
Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.
Summer travel on U.S. airlines is expected to reach an all-time high this year on the wings of a strong U.S. economy, Washington-based trade group Airlines for America said on Monday.
