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National Business
National Business
Regulator denied Trans Mountain variance request due to pipeline safety concerns
CALGARY — The Canada Energy Regulator is citing safety concerns as its reason for refusing a request by Trans Mountain Corp. for a pipeline variance.
Dec 20, 2023 6:01 PM
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American consumers are feeling much more confident as holiday shopping season peaks
American consumers are feeling more confident than they have since summer, good news for businesses with the all-important holiday shopping season peaking.
Dec 20, 2023 5:54 PM
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Linamar to buy agriculture equipment manufacturer Bourgault Industries in $640M deal
GUELPH, Ont. — Linamar Corp. says it's reached an agreement to acquire Bourgault Industries Ltd. in a deal worth $640 million. The Guelph-based company says Bourgault is a world-class agriculture equipment manufacturer.
Dec 20, 2023 5:30 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,600.81, down 238.82 points): TC Energy Corp. (TSX:TRP). Energy. Down 18 cents, or 0.34 per cent, to $52.37 on 13.1 million shares.
Dec 20, 2023 4:47 PM
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Markets reverse in mid-afternoon slump, TSX loses more than one per cent Wednesday
TORONTO — Canada's main stock index lost more than one per cent on Wednesday in a broad-based slump and U.S. markets also fell, as stocks took a dramatic turn in the later half of the afternoon.
Dec 20, 2023 4:35 PM
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Gildan shareholders seeking Chamandy's return to company ask for changes to board
Gildan Activewear Inc.'s shareholders are intensifying their calls to have the company's former chief executive reinstated by asking for changes to be made to the board too. U.S.
Dec 20, 2023 3:20 PM
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Federal government backstops carbon price in first-of-its-kind deal
CALGARY — A Calgary carbon capture company has signed a first-of-its-kind carbon offtake agreement with the federal government, a significant milestone that some say could help unlock future private-sector investments in decarbonization projects.
Dec 20, 2023 2:38 PM
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Odds of another rate hike have fallen, BoC governing council agreed as it held rate
OTTAWA — The odds of another rate hike have decreased, the Bank of Canada's governing council agreed during its discussions ahead of its most recent interest rate decision. The Bank of Canada released its summary of deliberations for the Dec.
Dec 20, 2023 1:48 PM
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Federal regulators give more time to complete gas pipeline extension in Virginia, North Carolina
RALEIGH, N.C. (AP) — The builders of a proposed natural gas pipeline that will enter North Carolina from Virginia now have another 2 1/2 years to complete the project after federal regulators pushed back a deadline for the work.
Dec 20, 2023 1:44 PM
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Tennis players to get protection from online abuse through new monitoring service
LONDON (AP) — A new monitoring service will help protect tennis players from online abuse and threats, the International Tennis Federation and other governing bodies said Wednesday. In their joint announcement, ITF, U.S.
Dec 20, 2023 1:23 PM
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