Skip to content

National Business

Crescent Point solidifies Montney dominance in $2.55B deal for Hammerhead Energy

Crescent Point solidifies Montney dominance in $2.55B deal for Hammerhead Energy

CALGARY — Crescent Point Energy Corp. has inked another blockbuster deal in the Canadian oilpatch, solidifying its place as the dominant player in the Montney, one of North America's largest unconventional petroleum plays.
Read more >
Stellantis workers vote in favour of collective agreement: Unifor

Stellantis workers vote in favour of collective agreement: Unifor

TORONTO — Unifor says Stellantis production workers voted 60 per cent in favour of a new three-year contract with the automaker. The deal covers workers at the company's Windsor and Brampton, Ont., assembly plants and Etobicoke Casting Plant.
Read more >
MEG Energy sees third-quarter earnings, bitumen production rise

MEG Energy sees third-quarter earnings, bitumen production rise

MEG Energy Corp. says it earned $249 million in the third quarter, up from $156 million a year earlier. The Calgary-based energy company says earnings per diluted share were 86 cents, up from 51 cents during the same quarter last year.
Read more >
Workers at Freedom Mobile unionize, ink first collective agreement

Workers at Freedom Mobile unionize, ink first collective agreement

LAVAL, Que. — Teamsters Canada says retail and call centre workers at Freedom Mobile across the country have unionized after a six-month organizing drive and negotiated their first collective agreement.
Read more >
ChatGPT-maker OpenAI hosts its first big tech showcase as the AI startup faces growing competition

ChatGPT-maker OpenAI hosts its first big tech showcase as the AI startup faces growing competition

SAN FRANCISCO (AP) — Less than a year into its meteoric rise, the company behind ChatGPT unveiled the future it has in mind for its artificial intelligence technology on Monday, launching a new line of chatbot products that can be customized to a var
Read more >
Cadillac Fairview shifts Montreal development project to rentals from office space

Cadillac Fairview shifts Montreal development project to rentals from office space

TORONTO — A real estate project that was slated to be office space in downtown Montreal will instead be built as rental apartments, Cadillac Fairview Corp. Ltd. said on Monday.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,743.94, down 80.91 points): Manulife Financial Corp. (TSX:MFC). Finance. Down nine cents, or 0.35 per cent, to to $25.39 on 8.
Read more >
BAT increasing its stake in Organigram with $124.6M investment

BAT increasing its stake in Organigram with $124.6M investment

TORONTO — Shares of Organigram Holdings Inc. rose almost 19 per cent after it says BAT signed a deal to increase its stake in the cannabis company by investing $124.6 million. The company says it plans to use $83.
Read more >
Energy weakness weighs on S&P/TSX composite, while U.S. stock markets rise

Energy weakness weighs on S&P/TSX composite, while U.S. stock markets rise

TORONTO — Weakness in energy stocks weighed on Canada's main stock index Monday, while U.S. markets edged higher to start the week. The S&P/TSX composite index closed down 80.91 points at 19,743.94.
Read more >
Stock market today: Wall Street drifts and holds steadier after last week's big swings

Stock market today: Wall Street drifts and holds steadier after last week's big swings

NEW YORK (AP) — Stocks drifted to a mixed close as Wall Street’s wild recent moves calm a bit. The S&P 500 rose 0.2% Monday in its first trading after careening from months of sharp losses to its best week of the year.
Read more >