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National Business
National Business
Woodland Cree, Obsidian Energy resolve northern Alberta standoff
CALGARY — An energy company says a First Nations blockade and standoff that kept it from using an oil lease road has been resolved. Calgary-based Obsidian Energy says it has reached an agreement in principle with the Woodland Cree First Nation.
Jun 11, 2024 7:18 PM
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National Bank to buy Canadian Western Bank at $5 billion valuation
MONTREAL — Canada's banking sector is facing further consolidation as National Bank of Canada has reached an all-share deal to acquire Canadian Western Bank that values the lender at about $5 billion.
Jun 11, 2024 6:23 PM
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Competition Bureau obtains court orders in investigation into Loblaw, Sobeys owners
The Competition Bureau has obtained two court orders requiring the parent companies of Loblaws and Sobeys to hand over information related to its investigation into alleged anticompetitive conduct.
Jun 11, 2024 5:35 PM
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Ontario chemical plant subject to provincial, federal orders, permanently closing
A plastics plant in Sarnia, Ont., that has been subject to recent orders and regulations from both the provincial and federal governments over benzene emissions is permanently shutting down.
Jun 11, 2024 5:32 PM
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Indigenous consortium enters deal to purchase Northwestel for $1 billion
WHITEHORSE — Bell Canada says it is selling Northwestel Inc. to Sixty North Unity, a consortium of Indigenous communities from the Northwest Territories, Yukon and Nunavut, for around $1 billion.
Jun 11, 2024 4:57 PM
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More groundwork needed to maintain Canada-U.S. relations, summit hears
TORONTO — More needs to be done to maintain North American relations in an increasingly competitive and volatile world, and as a U.S. election approaches, attendees at a conference in Toronto heard on Tuesday.
Jun 11, 2024 4:53 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,887.34, down 182.42 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 12 cents, or 0.24 per cent, to $48.92 on 17.
Jun 11, 2024 4:45 PM
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IFS signs deal to buy Copperleaf Technologies in agreement valued at $1 billion
VANCOUVER — Copperleaf Technologies Inc. has signed a deal to be acquired by IFS AB in an agreement valued at about $1 billion.
Jun 11, 2024 4:42 PM
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S&P/TSX composite index down nearly 200 points, U.S. markets mixed
TORONTO — Canada's main stock index was down almost 200 points in a broad-based decline led by financials, utilities and base metals, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 182.42 points at 21,887.34.
Jun 11, 2024 4:39 PM
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Despite progress, meaningful LGBTQ+ portrayal still lacking in Canadian media: report
A new analysis of LGBTQ+ representation in Canadian film, TV, streaming and video game industries found that there are significant gaps in how the diverse community is portrayed on screen, despite some recent improvements.
Jun 11, 2024 4:35 PM
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