You are here

Business

Your Money: Season ticketholders need to watch for pitfalls when selling tickets

This is the first story in a new personal finance series called “Your Money” that will run on CP’s business wire every Tuesday.

When autumn rolls around, sports fans usually have plenty to be excited for. Basketball stars return to the court, hockey players hit the ice and baseball and soccer teams head for their playoff stretches.

Economy surprises with 3.7% growth

OTTAWA—The economy blew past projections by expanding at an annualized pace of 3.7 percent in the second quarter, giving Canada its strongest three-month stretch of growth in two years.

Statistics Canada's latest reading for real gross domestic product shows an unexpectedly solid turnaround for an economy that was coming off its weakest back-to-back quarters of growth since 2015.

Purdue University: School has no connection to Purdue Pharma

WEST LAFAYETTE, Ind. — Purdue University wants the public to know that it has no connection to a company blamed for helping drive the nation’s opioid crisis.

The university has spent years repeating that it has no affiliation to Purdue Pharma, the Stamford, Connecticut-based pharmaceutical company that’s the maker of the prescription painkiller OxyContin.

Economy surprises with 3.7% growth in second quarter, its strongest since 2017

OTTAWA — The economy blew past projections by expanding at an annualized pace of 3.7 per cent in the second quarter, giving Canada its strongest three-month stretch of growth in two years.

Statistics Canada’s latest reading for real gross domestic product shows an unexpectedly solid turnaround for an economy that was coming off its weakest back-to-back quarters of growth since 2015.

Norbord reducing OSB production at Georgia mill

TORONTO—Norbord Inc. says it is reducing production at an oriented strand board mill in Cordele, Ga., due to poor market conditions.

One line at the two-line mill will operate on a reduced schedule starting on Sept. 5.

The Toronto-based company says U.S. homebuilding has been pulling back since the fall of last year and that has meant lower-than-anticipated OSB demand.

Norbord reducing oriented strand board production at Georgia mill

TORONTO — Norbord Inc. says it is reducing production at an oriented strand board mill in Cordele, Ga., due to poor market conditions.

One line at the two-line mill will operate on a reduced schedule starting on Sept. 5.

The Toronto-based company says U.S. homebuilding has been pulling back since the fall of last year and that has meant lower-than-anticipated OSB demand.

Trump pushes for G-7 summit at his resort; critics pounce

MIAMI — President Donald Trump was in full sales mode Monday, doing everything but pass out brochures as he touted the features that would make the Doral golf resort the ideal place for the next G-7 Summit close to the airport, plenty of hotel rooms, separate buildings for every delegation, even top facilities for the media.

There’s just one detail he left out: He owns the place.