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CALGARY – Pipeline company TC Energy Corp. is considering wind power investments to electrify its pipelines in the United States, where the company’s assets have been subjected to environmental scrutiny...
Business
Inflation may still be a theoretical concern, but not a real one, as Canada’s latest housing mania and surging commodity prices haven’t dislodged expectations that the central bank will keep...
Business
EDMONTON The Speaker of the Alberta legislature is apologizing for publicly opposing the government’s COVID 19 health restrictions. In a statement read in the debate chamber, Nathan Cooper says it’s...
Business
Ivan Schneeberg had an overwhelming feeling in his early 30s that he had, more or less, woke up one morning and found he was a partner at a blue chip Toronto...
Business
Bank of Montreal agreed to sell its Europe, Middle East and Africa asset management unit to Ameriprise Financial Inc. for 615 million pounds $920 million Canadian , marking chief executive officer Darryl...
Business
TORONTO A study by Ontario’s regulatory agency has found that the COVID 19 pandemic impacts retail investors differently, with most simply trying to endure uncertainty. The Ontario Securities Commission says...
Business
CALGARY In another sign of ongoing Canadian oilpatch consolidation, Tamarack Valley Energy Ltd. says it has agreed to buy private Anegada Oil Corp. for a net $494 million. The...
Business
Magna International Inc. will develop a modular electric vehicle with Israeli startup REE Automotive, helping the Canadian auto supplier and contract manufacturer muscle further into a growing field of EV...
Business
Tesla Inc. is set to “attack and conquer” another trillion dollar market as the company best known for its electric vehicles ramps up its focus on energy generation and storage, according...
Business
Canada’s nation building has always been intimately tied to our ability to move people, goods and ideas from coast to coast to coast. It started with birchbark canoes and a...
Business
Ottawa has shown, time and again, commitment to creating jobs and investing in infrastructure — through the Canada Infrastructure Bank, a one million jobs plan and, we hope, through infrastructure stimulus in...
Business
GreenFirst Forest Products Inc., a Vancouver based company that specializes in acquiring and turning around sawmill assets, has announced the acquisition of six softwood lumber mills and a newsprint mill from...
Business
STELLARTON, N.S. Canada’s second largest grocery retailer is reinstating a lockdown bonus for workers in areas with renewed stay at home orders. Sobeys Inc. says the pay bump is “the right thing...
Business
TORONTO BMO Financial Group has signed a deal to sell its asset management business in Europe, the Middle East and Africa to Ameriprise Financial Inc. for $1.09 billion. The...
Business
I don’t need to tell you that when you’re low on cash, whether you’ve got debt or are in your first job after university as I was, a get rich quick scheme...
Business
Rock bottom interest rates that have helped prop up the Canadian economy during the pandemic are also helping fuel frenzied activity in the housing market, putting policymakers and regulators in something...
Business
Microsoft will pay $56 per share cash. That s a 23 premium to Nuance s Friday closing price. The companies value the transaction including debt at $19.7 billion. Shares of...
Business
TORONTO Losses in the base metals sector weighed on the Toronto Stock Exchange as Canada’s main stock index fell in early trading, while U.S. stock markets also moved lower....
Business
OTTAWA The Bank of Canada says Canadian household spending will eclipse earnings in the coming months as vaccinations increase and uncertainty from the pandemic recedes. The central bank says...
Business
No pub is expecting to profit from reopening outdoors, and many will make a loss, said Emma McClarkin, chief executive of the British Beer & Pub Association. Some 2, 500 pubs...