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Despite numerous sponsors pulling out, community leaders in Halifax and Moncton, N.B., expect to generate economic benefit from hosting the world junior men's hockey championship next month — and maybe even help Hockey Canada turn the page on a scandal that has left December’s event under a dark cloud.
Professional sports franchises don't come up for sale often — especially Canadian NHL teams — and according to a University of Guelph professor, that means there could be considerable interest in buying the team.
As Hockey Canada faces widespread criticism over three funds it used to settle several sexual abuse complaints out of court, governance experts says it's actually a "good business" decision for an organization to protect itself against non-insurable claims, though most can't afford to do so.
Amid reports that the owners of the Ottawa Senators are considering a sale, one sports observer says a "rock solid" plan to build a new arena at LeBreton Flats is needed to ensure the Sens stay put in Ottawa.
New research says Canada's top three grocers all posted higher gross profits this year compared with the last five years and a lack of transparency in their financial results prevents the public from understanding where the extra profits are coming from.