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Enbridge to build pipeline to service new LNG facility in U.S.

Enbridge to build pipeline to service new LNG facility in U.S.

CALGARY — Energy transportation giant Enbridge Inc. will be going ahead with two pipeline projects to service a new liquefied natural gas facility in the U.S., part of the Canadian company's push to grow its LNG business as global demand soars.
Canada's big banks treat Indigenous, visible minority customers unequally: watchdog

Canada's big banks treat Indigenous, visible minority customers unequally: watchdog

Pressure sales tactics. Ill-fitted suggestions. Misleading information.
Statistics Canada says retail sales virtually unchanged in March

Statistics Canada says retail sales virtually unchanged in March

Canadian retail sales were flat in March as a slump in new car sales offset healthy consumer spending gains elsewhere, Statistics Canada reported Thursday. Total retail sales in Canada hit $60.
RBC's McKay says "50-50" chance of recession as it reports revenue dip, earnings up

RBC's McKay says "50-50" chance of recession as it reports revenue dip, earnings up

TORONTO — Royal Bank of Canada reported higher earnings Thursday as it said many underlying economic indicators remain strong despite the heightened risk of a recession.
Trump loses appeal, must testify in New York civil probe

Trump loses appeal, must testify in New York civil probe

NEW YORK (AP) — Former President Donald Trump must answer questions under oath in the New York attorney general’s civil investigation into his business practices, a state appeals court ruled Thursday, rejecting his argument that he be excused from te
Job vacancies hit record high of more than 1 million in March: StatCan

Job vacancies hit record high of more than 1 million in March: StatCan

OTTAWA — The number of job vacancies across Canada reached an all-time high in March, ending a five-month decline, Statistics Canada said Thursday.
CIBC revenue climbs but profits weighed by expenses, credit loss provisions

CIBC revenue climbs but profits weighed by expenses, credit loss provisions

TORONTO — CIBC reported Thursday that its revenue climbed in the second quarter compared with last year, but earnings dipped as both spending to power growth and provisions for potential future loan losses ate into profits at a time of increased unce
Amid high inflation, baby boomers offer saving advice to younger Canadians

Amid high inflation, baby boomers offer saving advice to younger Canadians

They survived the roaring inflation of the early 1980s and now they have some advice for younger generations: Take the bus, pack a lunch and skip the overseas vacation.
AltaGas selling Alaskan utilities business to TriSummit Utilities for $1.025 billion

AltaGas selling Alaskan utilities business to TriSummit Utilities for $1.025 billion

CALGARY — AltaGas Ltd. says it has signed a deal to sell its Alaskan utilities business to TriSummit Utilities Inc. for $1.025 billion.
Big tech deals keep coming: Broadcom buys VMware for US$61B

Big tech deals keep coming: Broadcom buys VMware for US$61B

Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty.