Newspaper article The Canadian Press

Business News Advisory

Newspaper article The Canadian Press

Business News Advisory

Article excerpt

Business News Advisory




Here are the CP Business Department's late plans for today. All times Eastern unless otherwise stated. Entries are subject to change as news develops. If you have any questions, please don't hesitate to email Business Editor Lee-Anne Goodman at, Assistant Business Editor Tara Brautigam at, or the department at We can also be reached at 416-507-2138.


Business sentiment subdued: Bank of Canada poll


OTTAWA -- Canadian businesses are anticipating only a minimal acceleration in sales growth over the next 12 months amid bleak expectations among firms linked to the energy industry, a new Bank of Canada poll suggests.The central bank's latest business outlook survey released Monday said that companies hit hard by the oil price slump reported that indicators of future sales, such as new orders, had seen scant improvement compared to a year ago. Moves National and Business; guard against duplication. 420 words. By Andy Blatchford.

-- See also RBC-Manufacturing-Index (Manufacturers' outlook dims in June: RBC survey)


Canadian auto sales on pace for record


TORONTO -- Ken Dacko makes the 200-kilometre round trip from his home in Alma, Ont., to a factory in Brampton, Ont., where he works once a week, in his 2016 Jeep Wrangler.Dacko purchased the vehicle earlier this year because, he says, it's reliable and guaranteed to start, giving him peace of mind. PHOTO. Moves National and Business, please guard against duplication; Will be updated once sales figures come out later today. 500 words. By Alexandra Posadzki.


Calgary looks to Stampede boost in tough times


CALGARY -- When Warren Connell decided to take the reins at the Calgary Stampede two years ago, the world was a very different place. "When I applied for this job, oil was at $105 a barrel and the same government in the province had been in place for 44 years," said Connell. PHOTO. Moved Business and National; guard against duplication. 740 words. By Ian Bickis. …

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