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TotalEnergies sells Canadian operations to Suncor in deal worth up to $6.1B
CALGARY — The ongoing trend of foreign exits and Canadian consolidation in Alberta's oilsands continued Thursday, as Suncor Energy Inc. announced it will purchase TotalEnergies' stake in the Fort Hills oilsands project in a deal worth up to $6.
Apr 27, 2023 3:57 PM
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Montreal port CEO says need for federal cash 'urgent' as expansion cost balloons
MONTREAL — The cost of the Montreal port expansion has ballooned by nearly 50 per cent, prompting its CEO to call for more cash from the federal government.
Apr 27, 2023 3:22 PM
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S&P/TSX composite rises more than 150 points, U.S. markets post strong gains
TORONTO — Canada's main stock index rose more than 150 points with broad-based gains led by financials, health care and metals, while U.S. markets posted strong gains as tech stocks continued to impress during earnings season.
Apr 27, 2023 2:42 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 (20,522.64, up 155.92): Enbridge Inc. (TSX:ENB). Energy. Up five cents, or 0.09 per cent, to $53.43 on 10.9 million shares.
Apr 27, 2023 2:37 PM
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Glencore willing to take Teck Resources bid directly to shareholders
Swiss commodities giant Glencore said it is willing to present its takeover offer directly to shareholders of Teck Resources Ltd. if the company's board does not come to the negotiating table regarding its unsolicited proposal.
Apr 27, 2023 2:27 PM
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Stock market today: Meta's surge fuels big Wall Street rally
NEW YORK (AP) — Wall Street steamed to its best day since January after Meta Platforms became the latest Big Tech company to blow past profit forecasts. The S&P 500 rose 2% Thursday. The Dow rose 1.6% and the Nasdaq added 2.4%.
Apr 27, 2023 2:08 PM
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California passes 1st-in-nation emission rules for trains
SACRAMENTO, Calif. (AP) — The California Air Resources Board approved Thursday a first-in-the-nation, ambitious rule limiting rail pollution. The goal is to drastically cut greenhouse gas emissions from locomotives.
Apr 27, 2023 1:40 PM
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The wealthy want business jets, even as economy softens, says Bombardier CEO
MONTREAL — Demand for private planes remains hot even as the economy cools, according to Bombardier Inc. executives.
Apr 27, 2023 1:35 PM
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Bank regulator says no indicators of liquidity shock re-emerging
TORONTO — The head of Canada's banking regulator says that despite continued liquidity stress at some U.S. banks, he isn't seeing any data to suggest that a wider shock is going to re-emerge.
Apr 27, 2023 1:32 PM
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Halifax company to upgrade 13 Cormorant helicopters for Canada's military
HALIFAX — Canada’s defence minister travelled to Halifax Thursday to tout a major subcontract as part of the $1.2-billion upgrade of the military’s fleet of search-and-rescue helicopters.
Apr 27, 2023 1:19 PM
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