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National Bank reports Q4 profit down from year ago, raises quarterly dividend

National Bank reports Q4 profit down from year ago, raises quarterly dividend

TORONTO — Lower income in financial markets helped lead to an overall drop in income for National Bank of Canada in the fourth quarter, even as other segments gained.
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Tax implications of Rogers-Shaw deal discussed at hearing before tribunal

Tax implications of Rogers-Shaw deal discussed at hearing before tribunal

OTTAWA — Canada's competition watchdog is warning that the tax revenue implications of Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc.
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RBC moves to boost capital after announcing $13.5Bn deal for HSBC Canada

RBC moves to boost capital after announcing $13.5Bn deal for HSBC Canada

TORONTO — Royal Bank of Canada is taking measures to boost its capital on hand after announcing a $13.5 billion deal on Tuesday to buy HSBC Bank Canada amid heightened market uncertainty.
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Alta. sovereignty act damaging to business: Calgary Chamber of Commerce

Alta. sovereignty act damaging to business: Calgary Chamber of Commerce

CALGARY — Alberta's proposed sovereignty act threatens to scare off investors and talent and derail the province's plans for economic growth, a prominent business group warned Wednesday.
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House votes to avert rail strike, impose deal on unions

House votes to avert rail strike, impose deal on unions

WASHINGTON (AP) — The U.S.
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BRP reports Q3 profit and revenue up from year ago, raises guidance

BRP reports Q3 profit and revenue up from year ago, raises guidance

VALCOURT, Que. — BRP Inc. reported its third-quarter profit and revenue rose compared with a year ago and raised guidance for its full year.
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Canopy breaks out Canadian operations in new unit, lays off 55

Canopy breaks out Canadian operations in new unit, lays off 55

SMITHS FALLS, Ont. — Canopy Growth Corp. says it will be breaking out its Canadian cannabis operations into a stand-alone business unit and laying off 55 staff. Brenna Eller, the Smiths Falls, Ont.
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Western Forest Products to temporarily reduce lumber production levels in December

Western Forest Products to temporarily reduce lumber production levels in December

VANCOUVER — Western Forest Products Inc. says it will temporarily reduce its lumber production levels for the rest of the year. The Vancouver-based forest products company says the reduction will amount to about 200 million fewer board feet.
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German gas importer Uniper seeks damages from Gazprom

German gas importer Uniper seeks damages from Gazprom

BERLIN (AP) — German energy company Uniper said Wednesday it's suing Gazprom for damages over natural gas that hasn't been delivered since June, when the Russian supplier started reducing amounts to Germany.
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Desjardins buying Guardian insurance, fund and investment distribution networks

Desjardins buying Guardian insurance, fund and investment distribution networks

MONTREAL — Desjardins Group has signed a deal to buy Guardian Capital Group Ltd.'s life insurance, mutual fund and investment distribution networks for $750 million.
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