Business News

With Environment Canada recording a high of 14 degrees in Saskatoon April 5, 2017, people got outside to enjoy the weather.

People head outside to enjoy spring warm up

By JT Marshall April 6, 2017 - 6:45am Updated: April 6, 2017 - 7:00am

Warm weather in Saskatoon had people flocking to  O'Shea's Irish Pub, which had one of the only open patios Wednesday.   "I just came back from B.C. so nothing better than...

A spokesperson for the Co-op Refinery confirmed that Unifor 594, the union representing Co-op employees, reached out to a provincial mediator on March 28, 2017, in hopes of re-opening talks.

Refinery workers' union asks to resume talks

By 980 CJME March 29, 2017 - 1:26pm Updated: March 29, 2017 - 1:26pm

No one’s calling it a glimmer of hope, but talks could resume between the Co-op Refinery and the union representing its employees.

The two sides were in talks until Co-...

On April 1, 2017, PST will be expanded to include children's clothes, impacting Cecilia Kautzman, owner of Kids Trading Company in Regina.

Kids clothing store owner thinks PST expansion could be hit to families

By Kevin Martel March 23, 2017 - 4:09pm Updated: March 24, 2017 - 6:31am

Provincial sales tax being applied to kids clothing could come at a significant price to some families, along with businesses.

The newly increased six per cent PST will...

The Government of Saskatchewan is adding PST to restaurant meals effective April 1.

Restaurants 'caught between rock and hard place' with PST introduction, higher alcohol taxes

By Chris Vandenbreekel March 23, 2017 - 7:58am Updated: March 23, 2017 - 8:05am

Saskatchewan's family-owned restaurants and bars could be in trouble as they start to pay higher taxes.   As of April 1, restaurant meals will no longer be exempt from...

A Saskatoon woman says she was taken for about $300 after responding to an online ad offering free samples of skincare products.

Saskatoon woman says promise of free samples turned into costly headache

By 650 CKOM March 15, 2017 - 11:59am Updated: March 16, 2017 - 6:19am

A Saskatoon woman is sharing a timely story for Fraud Prevention Month.   Sandy Epp spoke with Brent Loucks Wednesday morning.   She said she's out about $300 after clicking on...

15 per cent of Saskatoon rental units are currently vacant.

Rental vacancy rates skyrocket in Saskatoon

By JT Marshall March 10, 2017 - 7:10am Updated: March 10, 2017 - 7:15am

Saskatoon's vacancy rate is the highest it's been in two decades.    Chanda Lockhart has been in the housing industry since 1999. Currently executive director of the...

Site selection is underway for a new $50-million office tower in downtown Saskatoon.

$50M World Trade Center coming to downtown Saskatoon

By 650 CKOM March 3, 2017 - 12:38pm Updated: March 3, 2017 - 2:30pm

Saskatoon will soon be building bridges in the business world.

A new $50-million office tower will rise downtown as a World Trade Center.

Canwest Commercial and...

The price of a basic Costco membership will rise $5 effective June 1, 2017.

Costco raising membership fees in U.S., Canada

By 650 CKOM March 3, 2017 - 10:24am Updated: March 3, 2017 - 10:30am

Costco is increasing its membership fees starting this summer.   The company announced the move in an earnings report issued Thursday.   Effective June 1, the price of a basic...

Kimberlee and Tony Berg sit at the booth inside The Cave restaurant in Saskatoon where they got engaged. They’ve marked every anniversary by having the same meal at the same table since 1999.

The Love Seat: Saskatoon restaurant sees hundreds of proposals over 43 years

By Daniella Ponticelli February 14, 2017 - 6:54am Updated: February 14, 2017 - 10:49am

A dining booth with a long, hot history is carved out in the curved walls of The Cave Restaurant in Saskatoon.

“We call it the ‘Fire Cave,’” explained manager George ...

A tunnel in Cameco's Cigar Lake uranium mine. The company reported a $62 million loss for 2016  in a report released on Feb. 10, 2017.

Cameco swings to $62-million loss on write-downs as uranium market drags

By The Canadian Press February 10, 2017 - 6:40am Updated: February 10, 2017 - 6:45am

SASKATOON - Uranium producer Cameco (TSX;CCO) reported a net loss of $62 million for 2016 after the depressed market for its main product had it taking $362 million in...

KFC rolled out the Chizza in Singapore on National Pizza Day, Feb. 9, 2017.

KFC gives pizza the DoubleDown treatment

By 650 CKOM February 9, 2017 - 1:05pm Updated: February 9, 2017 - 1:15pm

With Thursday marking National Pizza Day, fried chicken merchants KFC have decided they want a slice of the pie.

The company has unleashed a new creation, giving its...

PotashCorp issued a financial statement Thursday showing fourth-quarter profits for 2016 were down significantly compared to the previous year.

PotashCorp says Q4 profit hit by weak prices, low margins for its fertilizers

By The Canadian Press January 26, 2017 - 7:58am Updated: January 26, 2017 - 8:00am

SASKATOON - Potash Corporation of Saskatchewan Inc. has released a preliminary financial report that shows the fertilizer company's fourth-quarter earnings were down about 71...

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