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TransAlta to buy interest in Alta. pumped hydro energy storage development for $8M
CALGARY — TransAlta Corp. says it will acquire a 50 per cent interest in an early-stage pumped hydro energy storage development project in southwest Alberta.
Feb 17, 2023 5:29 AM
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Telecoms extend deadline to close Rogers-Shaw deal to March 31
The companies involved in Rogers Communications Inc.'s $26-billion deal to buy telecommunications rival Shaw Communications Inc. have extended their deadline to complete the transaction. Rogers, Shaw, the Shaw Family Living Trust and Quebecor Inc.
Feb 17, 2023 5:15 AM
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Rogers-Shaw $26-billion proposed deal: a timeline of key events
Here's a look at some key moments leading up to this point: March 15, 2021: Rogers announces an agreement to buy Shaw in a deal valued at $26 billion. Rogers says it will purchase all outstanding Class A and B shares of Shaw for $40.
Feb 17, 2023 4:34 AM
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'No cuts coming': Shopify president says company has no plans for another layoff
TORONTO — As a growing number of tech companies carry out successive rounds of layoffs, Shopify Inc.'s president says there are no more cuts in the works for the Ottawa-based e-commerce company.
Feb 17, 2023 1:00 AM
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Group: Tesla workers fired after union push at NY plant
Several employees at a Tesla factory in New York have been fired a day after launching union organizing efforts, according to Tesla Workers United, but the company says they're not related.
Feb 16, 2023 6:24 PM
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Federal ministers send Nunavut diamond mine proposal to environmental review
Federal ministers have agreed with the Nunavut Impact Review Board that a proposal for a new diamond mine in the territory should undergo a public review. De Beers Canada Inc.
Feb 16, 2023 4:20 PM
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Persistently high inflation makes businesses less competitive: BoC's Beaudry
EDMONTON — Bank of Canada deputy governor Paul Beaudry says returning inflation to the central bank's two per cent target is critical because high and volatile inflation makes the economy inefficient and businesses less competitive.
Feb 16, 2023 3:34 PM
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Prominent businessman Mitch Garber pitches local ownership for Montreal Gazette
MONTREAL — A prominent businessman and lawyer who believes the Montreal Gazette needs local ownership has offered to take a stake in the newspaper, but he said Thursday he hasn't heard back from its owner.
Feb 16, 2023 2:58 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,606.42, down 113.97): Manulife Financial Corp. (TSX:MFC). Financials. Up 99 cents, or 3.79 per cent, to $27.12 on 26.
Feb 16, 2023 1:50 PM
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Oppose Canada's 'xenophobic' foreign property tax, U.S. critics urge Biden admin
WASHINGTON — The federal government is giving in to the same nationalist impulses it has been fighting for years in the United States, say critics on both sides of the border who oppose Ottawa's new push to discourage foreigners from owning Canadian
Feb 16, 2023 1:46 PM
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