Business News

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 15, 2017 - 12:29pm

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 - 7:10am

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 - 2:26pm

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 - 10:24am

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 - 10:46am

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 - 6:40am

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 - 1:05pm

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 - 7:58am

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...

Cameco will lay off 120 employees split between its Saskatchewan operations at McArthur River, Key Lake and Cigar Lake.

Cameco announces layoffs, projects loss for 2016

By 650 CKOM January 18, 2017 - 7:15am Updated: January 18, 2017 - 7:21am

Cameco will be letting go of about 10 per cent of the workers at three of its Saskatchewan mining and milling operations.   120 employees spread across the company's McArthur...

Executives at Precision Drilling and Crescent Point Energy say they're ready to increase investment as oil prices rebound.

Optimism in Canadian oilpatch as OPEC, non-OPEC countries agree to cuts

By The Canadian Press December 13, 2016 - 7:07am Updated: December 13, 2016 - 7:07am

CALGARY — A dramatic jump in oil prices linked to the promise of lower global production is fuelling hope the Canadian oil sector may soon recover from a two-year economic...

The SLGA-run liquor store on 20th Street is set to be privatized  within the next 18 months.

Saskatoon customers react to more liquor privatization

By 650 CKOM November 24, 2016 - 2:42pm Updated: November 24, 2016 - 2:45pm

Many are having mixed emotions over the province’s push to add private liquor sales in Saskatchewan.

On Wednesday, the province revealed who will run 50 new private...

140 workers at Potash Corp's Cory  mine will be laid off in February.

140 workers given layoff notices at PotashCorp Cory mine

By 650 CKOM November 23, 2016 - 8:34am Updated: November 23, 2016 - 12:21pm

Employees at a potash mine just outside of Saskatoon have been told they'll be laid off.   Two miners from Potash Corporation of Saskatchewan's Cory mine told 650 CKOM they got...

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