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Interfor selling Quebec operations for $30M, closing Montreal corporate office

Interfor selling Quebec operations for $30M, closing Montreal corporate office

BURNABY, B.C. — Interfor Corp. is selling its three manufacturing facilities in Quebec and closing its corporate office in Montreal as the lumber producer plans to leave the province and focus on other parts of the company.
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Amazon, Google make dueling nuclear investments to power data centers with clean energy

Amazon, Google make dueling nuclear investments to power data centers with clean energy

Amazon on Wednesday said that it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity to meet surging demand from data centers and artifi
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Cedar Leaf Capital to launch this month after securing regulatory approval

Cedar Leaf Capital to launch this month after securing regulatory approval

TORONTO — Scotiabank says Cedar Leaf Capital is set to become Canada's first majority Indigenous-owned investment dealer after getting the green light from regulators.
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CMHC reports September pace for housing starts up from August

CMHC reports September pace for housing starts up from August

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in September was up five per cent compared with August.
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Statistics Canada says manufacturing sales fell 1.3% to $69.4B in August

Statistics Canada says manufacturing sales fell 1.3% to $69.4B in August

OTTAWA — Statistics Canada says manufacturing sales in August fell to their lowest level since January 2022 as sales in the primary metal and petroleum and coal product subsectors fell. The agency says manufacturing sales fell 1.3 per cent to $69.
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TD Bank Group says Charles Schwab investment will add C$178M for Q4

TD Bank Group says Charles Schwab investment will add C$178M for Q4

TORONTO — TD Bank Group says The Charles Schwab Corp.'s third-quarter results are expected to translate into about $178 million of reported equity in net income for the Canadian bank's fourth quarter.
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What Canada's row with India means for an already underperforming trade relationship

What Canada's row with India means for an already underperforming trade relationship

The diplomatic row between Canada and India could derail a trading relationship that already underperforms its potential, experts warn.
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Labour minister proposes 90-day strike freeze, special mediator at Port of Montreal

Labour minister proposes 90-day strike freeze, special mediator at Port of Montreal

MONTREAL — Federal Labour Minister Steven MacKinnon is proposing a special mediator in contract talks at the Port of Montreal for a three-month period during which strikes and lockouts would be off the table.
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Massive U.S. fine against TD Bank highlights relatively modest penalties in Canada

Massive U.S. fine against TD Bank highlights relatively modest penalties in Canada

TORONTO — The more than US$3-billion settlement TD Bank Group reached with U.S. regulators for its failures to oversee money laundering risks has underlined what some say are relatively weak enforcement efforts in Canada.
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Beck touts health-care plan; Moe would continue to withhold carbon levy

Beck touts health-care plan; Moe would continue to withhold carbon levy

REGINA — Saskatchewan New Democratic Leader Carla Beck was on the campaign trail Tuesday promising better health care, while the Saskatchewan Party's Scott Moe proposed to continue withholding federal carbon levy payments.
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