Money

The Bank of Canada building is pictured in Ottawa on Sept. 6, 2011. (THE CANADIAN PRESS/Sean Kilpatrick)

Bank of Canada holds interest rate

The Bank of Canada is warning there will be “material consequences” for trade if protectionist policies under U.S. president-elect Donald Trump come to fruition.

A Shaw Communications sign at the company's headquarters in Calgary on Jan. 14, 2015. Shaw Communications is selling its media division to Corus Entertainment for $2.65 billion. Shaw Media includes the Global Television network and 19 specialty channels including HGTV Canada, Food Network Canada and Showcase. THE CANADIAN PRESS/Jeff McIntosh

Demise of Shomi takes bite out of Shaw

CALGARY — Shaw Communications Inc. (TSX:SJR.B) saw its first-quarter profit cut to less than half what it was a year ago, hurt by the demise of Shomi — its video streaming joint venture with Rogers Communications (TSX:SJR.B).

A May 18, 2011 file photo shows an assortment of Craftsman wrenches at a Sears store in Bethel Park, Pa. Sears is selling its well-known Craftsman brand to Stanley Black & Decker Inc., which plans to grow the tool brand by selling its products at more stores. (AP Photo/Gene J. Puskar, File)

Sears to sell Craftsman tool brand

Sears is selling its well-known Craftsman brand to Stanley Black & Decker Inc., which plans to grow the tool brand by selling its products at more stores.

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