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U.S. infrastructure bill means more cash and contracts for WSP Global, CEO says

U.S. infrastructure bill means more cash and contracts for WSP Global, CEO says

MONTREAL — The US$1-trillion infrastructure package passed by Congress on Friday marks a boon for WSP Global Inc., says the CEO of the Montreal-based engineering firm.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,461.93, down 132.59 points.) Harte Gold Corp. (TSX:HRT). Materials. Down one cent, or 33.33 per cent, to two cents on 14.
North American stock markets fall after inflation spike raises fears of rate hikes

North American stock markets fall after inflation spike raises fears of rate hikes

TORONTO — North American stock markets sank midweek as the hottest U.S. inflation numbers in more than 30 years had investors worrying that central banks will speed up interest rate hikes. The S&P/TSX composite index closed down 132.
Heavy burden for consumers as holidays near: Soaring prices

Heavy burden for consumers as holidays near: Soaring prices

WASHINGTON (AP) — A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season. Prices for U.S. consumers jumped 6.
CGI sees profits surge by more than a third amid new IT and consulting bookings

CGI sees profits surge by more than a third amid new IT and consulting bookings

MONTREAL — CGI Inc. said new bookings were the driving force behind a 37 per cent profit increase last quarter, as continued need for IT services in the COVID-19 pandemic boosted revenue.

US budget deficit eases to $165B in October, down 42%

The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.

Leon's Furniture Ltd. reports $63.8M-million Q3 profit, record revenue

TORONTO — Leon's Furniture Ltd. says it earned a record $63.8 million in its latest quarter, up from $49.1 million a year earlier, as revenue also set a record high.
Oilpatch drilling activity to rise in 2022, new PSAC forecast suggests

Oilpatch drilling activity to rise in 2022, new PSAC forecast suggests

CALGARY — Drilling activity in the Canadian oilpatch will return to pre-pandemic levels in 2022, according to a new industry forecast.
'A different league:' Tim Hortons teams up with superstar Justin Bieber

'A different league:' Tim Hortons teams up with superstar Justin Bieber

Tim Hortons has teamed up with pop superstar Justin Bieber to launch three new Timbit flavours — called Timbiebs — along with co-branded merchandise.
Canadian Natural Resources to acquire Storm Resources for $6.28 per share

Canadian Natural Resources to acquire Storm Resources for $6.28 per share

CALGARY — Canadian Natural Resources Ltd. (CNRL) says it has reached a deal to acquire Calgary-based oil and gas explorer Storm Resources Ltd. for $6.28 per share, a price that pegs Storm's enterprise value at $960 million.
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