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Boeing, in need of cash, looking to raise up to approximately $19B in offering

Boeing, in need of cash, looking to raise up to approximately $19B in offering

Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash. Boeing Co.
Aecon Group buying United Engineers & Constructors for US$33 million in cash

Aecon Group buying United Engineers & Constructors for US$33 million in cash

TORONTO — Aecon Group Inc. has signed a deal to buy U.S. company United Engineers & Constructors Inc. from CriticalPoint Capital LLC for US$33 million in cash. United is a nuclear and conventional power contractor with clients in the U.S.
Canada on track to be world's third-largest wheat exporter in '24-25 crop year

Canada on track to be world's third-largest wheat exporter in '24-25 crop year

CALGARY — Canada is on track to be the world's third-largest wheat exporter for the second year in a row as crop production in the prairie provinces continues to increase. International data from the U.S.
Ontario vision of Niagara as northern Las Vegas may not include Marineland: minister

Ontario vision of Niagara as northern Las Vegas may not include Marineland: minister

TORONTO — A major amusement park is part of Ontario's grand vision to turn the Niagara region into Las Vegas north, but Marineland may not fit the bill, the provincial tourism minister says.
Testing rules out beef patties as the source of E. coli outbreak, McDonald’s says

Testing rules out beef patties as the source of E. coli outbreak, McDonald’s says

LOS ANGELES (AP) — Testing has ruled out beef patties as the source of the outbreak of E. coli poisoning tied to McDonald’s Quarter Pounders, the company said Sunday. It will resume selling the Quarter Pounder in the coming week. The U.S.
Montreal dockworkers hold one-day strike to put pressure on employer

Montreal dockworkers hold one-day strike to put pressure on employer

MONTREAL — Dockworkers at the Port of Montreal walked off the job early Sunday for a one-day strike aimed at putting pressure on their employer amid difficult contract talks.
Ontario government moves to extend 5.7 cent gas tax cut to June 2025

Ontario government moves to extend 5.7 cent gas tax cut to June 2025

TORONTO — Ontario is moving to extend a 5.7-cent cut to the provincial gas tax until next summer. Premier Doug Ford says his government will soon put forward legislation that, if passed, will keep the tax at nine cents per litre until June 30.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Macklem on the Hill Bank of Canada governor Tiff Macklem and senior deputy governor Carolyn Rogers will be at the House of Commons Standing Committee on Finance on
Ready for liftoff: Why Canada's telecom sector sees opportunity in satellite internet

Ready for liftoff: Why Canada's telecom sector sees opportunity in satellite internet

TORONTO — When a severe tropical cyclone hit New Zealand in February 2023, it left thousands on the country's North Island without internet or cellphone service for nearly a week, as major roads carrying vital fibre optic cables were washed out.
More contamination found around the site of the Eagle Gold mine in Yukon

More contamination found around the site of the Eagle Gold mine in Yukon

WHITEHORSE — The Yukon government says testing around the gold mine where a containment facility gave way, spilling millions of tonnes of cyanide-laced rock, has found increased levels of mercury, cobalt and cyanide.