Skip to content

National Business

Enbridge sees 'tailwind' for its Mainline system as Trans Mountain faces delays

Enbridge sees 'tailwind' for its Mainline system as Trans Mountain faces delays

CALGARY — Enbridge Inc. could benefit from increased volumes on its Mainline oil pipeline network if the startup of the Trans Mountain pipeline expansion is significantly delayed, the Calgary-based energy infrastructure firm said Friday.
Bill to help relocate Washington Capitals, Wizards sails through 1st Virginia legislative hearing

Bill to help relocate Washington Capitals, Wizards sails through 1st Virginia legislative hearing

RICHMOND, Va. (AP) — Legislation underpinning a plan to relocate the NBA’s Washington Wizards and NHL’s Washington Capitals across the Potomac River to northern Virginia easily cleared an early hurdle in the state legislature Friday.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,009.60, up 89.96 points): Bitfarms Ltd. (TSX:BITF). Finance. Up 29 cents, or 8.56 per cent, to $3.68 on 6.6 million shares.
S&P/TSX composite index rises, U.S. stock markets mixed as S&P 500 posts new record

S&P/TSX composite index rises, U.S. stock markets mixed as S&P 500 posts new record

TORONTO — Canada's main stock index posted a modest gain Friday, while U.S. markets were mixed but the S&P 500 surpassed 5,000 points for the first time. The S&P/TSX composite index closed up 89.96 points at 21,009.60.
Driver misclassification a ‘disaster’ for trucking companies, TFI head says

Driver misclassification a ‘disaster’ for trucking companies, TFI head says

MONTREAL — The head of Canada's largest trucking firm says rampant undercutting of labour laws is harming companies like his as well as drivers, a problem felt all the more acutely in lean economic times.
Telus says no immediate plan to cut spending, raise rates as it monitors CRTC rulings

Telus says no immediate plan to cut spending, raise rates as it monitors CRTC rulings

Telus Corp.
BoC expected to take its time with interest rate cuts after January's job gain

BoC expected to take its time with interest rate cuts after January's job gain

OTTAWA — The Bank of Canada will be in no rush to cut interest rates after Statistics Canada reported a larger-than-expected employment gain last month, economists say.
Globalive's Lacavera says deal in place to acquire Wealth One Bank of Canada

Globalive's Lacavera says deal in place to acquire Wealth One Bank of Canada

TORONTO — Globalive Capital Inc. founder Anthony Lacavera says the investment firm has entered into an agreement to acquire Wealth One Bank of Canada. He says by email that the proposed transaction is pending all regulatory and government approvals.
Algoma Steel says five workers sent to hospital after casthouse incident

Algoma Steel says five workers sent to hospital after casthouse incident

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. says five workers were taken to hospital after an incident on Wednesday night at the north casthouse of its blast furnace complex.
Indigo faced 'challenging' 2023 and will take some time to recover: CEO

Indigo faced 'challenging' 2023 and will take some time to recover: CEO

TORONTO — Indigo Books & Music Inc.'s chief executive says the retailer's last year has been "challenging" and it could be a while until its financial results recover.