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National Business
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Enbridge to purchase U.S. renewable gas facilities for US$1.2 billion
CALGARY — Canadian pipeline giant Enbridge Inc. has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2 billion.
Nov 3, 2023 9:55 AM
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OSC tribunal approves $8M settlement over RBC accounting practices
TORONTO — The Ontario Securities Commission has approved an $8-million settlement with Royal Bank of Canada over issues with its tracking of costs related to internal software development.
Nov 3, 2023 9:40 AM
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Trans Mountain Corp. issued stop-work order for environmental non-compliance
CALGARY — The company building the Trans Mountain pipeline expansion has been issued a temporary stop-work order due to environmental non-compliance related to a wetland near Abbotsford, B.C.
Nov 3, 2023 8:21 AM
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Canada’s jobless rate rises to 5.7%, fuelling bets Bank of Canada rate hikes are done
OTTAWA — Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates.
Nov 3, 2023 7:59 AM
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Magna beats expectations with profit boost as light vehicle production ramps up
Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations. The auto parts manufacturer, which keeps its books in U.S.
Nov 3, 2023 7:24 AM
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Here's a quick glance at unemployment rates for October, by Canadian city
OTTAWA — The national unemployment rate was 5.7 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Nov 3, 2023 6:20 AM
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Here's a quick glance at unemployment rates for October, by province
OTTAWA — Canada's national unemployment rate was 5.7 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10 per cent (9.7) _ Prince Edward Island 6.
Nov 3, 2023 6:20 AM
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National employment numbers for October from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 5.7 per cent (5.5) Employment rate: 61.9 per cent (62.0) Participation rate: 65.6 per cent (65.
Nov 3, 2023 6:20 AM
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St. Lawrence Seaway workers ratify three-year collective agreement
St. Lawrence Seaway workers have ratified a new collective agreement. A tentative agreement was reached on Sunday between the St. Lawrence Seaway Management Corp. and Unifor, with help from federal mediators.
Nov 2, 2023 8:22 PM
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FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers
NEW YORK (AP) — FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president — hit rock bottom Th
Nov 2, 2023 7:15 PM
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