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National Business
National Business
Alimentation Couche-Tard takes US$56.2M charge for impairment of Russian assets
LAVAL, Que. — Alimentation Couche-Tard Inc. says it took a US$56.2-million pre-tax charge for the impairment of its Russian subsidiaries.
Jun 28, 2022 6:13 PM
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Imperial, ExxonMobil Canada selling Alberta assets to Whitecap for $1.9 billion
CALGARY — Imperial Oil Ltd. says it and ExxonMobil Canada have entered into an agreement to sell the Montney and Duvernay oil and gas-producing areas of central Alberta to Whitecap Resources Inc. for $1.9 billion.
Jun 28, 2022 6:02 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 (19,222.74, down 35.58 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Up 10 cents, or four per cent, to $2.59 on 14.5 million shares.
Jun 28, 2022 5:26 PM
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Waning consumer confidence, Fed speeches move North American stock markets lower
TORONTO — Waning consumer confidence and Fed warnings about interest rate hikes pushed North American stock markets lower ahead of data Wednesday that could confirm the U.S. is in a technical recession.
Jun 28, 2022 5:06 PM
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Turkey lifts its objections to Sweden, Finland joining NATO
MADRID (AP) — Turkey agreed Tuesday to lift its opposition to Sweden and Finland joining NATO, ending an impasse that had clouded a leaders’ summit opening in Madrid amid Europe’s worst security crisis in decades, triggered by the war in Ukraine.
Jun 28, 2022 4:38 PM
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Stocks slide on Wall Street as inflation worries persist
NEW YORK — Stocks slid on Wall Street Tuesday as the market remains gripped by uncertainty over pervasive inflation, rising interest rates and the potential for a recession. The S&P 500 fell 2%, the Dow Jones Industrial Average fell 1.
Jun 28, 2022 4:06 PM
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French parliament elects woman as its speaker, for 1st time
PARIS (AP) — France’s lower house of parliament on Tuesday elected Yaël Braun-Pivet of President Emmanuel Macron’s centrist alliance as its new speaker. She is the first woman to hold the post.
Jun 28, 2022 1:54 PM
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OSFI makes real estate loan changes aimed at reducing lender risk
OTTAWA — Canada's banking regulator is tightening requirements for some types of real estate loansto protect homeowners who may be at greater risk from higher interest rates.
Jun 28, 2022 12:40 PM
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Nova Scotia dispatches team to collect shoppers' data for promised buy local program
HALIFAX — Nova Scotia's Progressive Conservative government says it will gather information from shoppers this summer as it tries to make good on an election promise to increase demand for local products.
Jun 28, 2022 12:06 PM
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Teck Resources announces carbon capture pilot project in Trail, B.C.
VANCOUVER — Teck Resources Ltd. has announced a carbon capture utilization and storage pilot project at its operations in Trail, B.C. The plant will capture three tonnes per day of carbon dioxide from the acid plant flue gas at the Trail operations.
Jun 28, 2022 11:47 AM
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