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Trans Mountain could take on more pipeline projects if private sector can't: CEO
CALGARY - The CEO of Crown-owned pipeline operator Trans Mountain Corp. says it could take on other market-expanding pipeline projects…
CPKC says two new collective agreements established through arbitration
CALGARY - Canadian Pacific Kansas City says an arbitrator’s ruling has established two new collective bargaining agreements covering thousands of…
U.S. court case sees Saks Global accuse lender of contributing to Bay's demise
TORONTO - Saks Global is putting some of the blame for Hudson’s Bay’s demise on one of the faltering department…
Economists expect Bank of Canada will pause interest rate cuts following surprise GDP growth
The Canadian economy grew more than expected in the first three months of 2025 as businesses tried to get ahead of…
S&P/TSX composite trading lower late-morning, U.S. markets also down
TORONTO - Canada’s main stock index was trading lower as of late-morning Friday along with U.S. markets as commodities were…
Strathcona formally launches takeover bid for oilsands peer MEG Energy
CALGARY - Strathcona Resources Ltd. has formally launched its takeover bid for fellow oilsands producer MEG Energy. Its offer, open until…
Hudson's Bay heads into last days of sale with lots of shoppers, little merchandise
TORONTO - Hudson’s Bay is headed into its last weekend of liquidation sales with its Toronto flagship teeming with shoppers…
CPP Investments and partner sell Encino Acquisition Partners stake in US$5.6B deal
TORONTO - Canada Pension Plan Investment Board says it and Encino Energy are selling their holdings in an Ohio oil…
Hudbay Minerals staff evacuate Flin Flon, Man., due to wildfires
TORONTO - Hudbay Minerals Inc. says its non-essential staff in the Flin Flon, Man., area are evacuating because of wildfires…