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Stock market rally loses steam as hopes fade for stimulus deal before U.S. election

Stock market rally loses steam as hopes fade for stimulus deal before U.S. election

TORONTO — A rally of North American stock markets dissipated near closing on fading hopes of a stimulus deal in time for next month's U.S. election.
Alberta welcomes federal OK of NGTL gas pipeline expansion while criticizing delay

Alberta welcomes federal OK of NGTL gas pipeline expansion while criticizing delay

CALGARY — The Alberta government says it welcomes the news that Ottawa has approved an expansion of the Nova Gas Transmission Ltd. gathering system in Alberta — while condemning federal delays that it says cost this summer's construction season.
'Dear Canada': Colorado climate group appeals to Canadians over CPP-owned energy firm

'Dear Canada': Colorado climate group appeals to Canadians over CPP-owned energy firm

TORONTO — A U.S. environmental group is making a direct appeal to Canadians for help in persuading the Canada Pension Plan to end its investment in a Colorado-based oil and gas company due to safety and pollution concerns.
Cogeco and Cogeco Communications boards officially reject revised offer

Cogeco and Cogeco Communications boards officially reject revised offer

MONTREAL — The boards of directors at Cogeco Inc. and Cogeco Communications Inc. have unanimously rejected a revised unsolicited takeover offer from Altice USA Inc. and Rogers Communications Inc. The companies' boards met Tuesday to consider the $11.
Kinross unveils decade-long gold production plan based on current portfolio of assets

Kinross unveils decade-long gold production plan based on current portfolio of assets

TORONTO — Kinross Gold Corp. says it intends to rely mainly on internally generated opportunities to continue to produce an average of 2.5 million gold equivalent ounces per year over the next decade.
Magna CEO Don Walker to retire at end of 2020, Seetarama Kotagiri named as next CEO

Magna CEO Don Walker to retire at end of 2020, Seetarama Kotagiri named as next CEO

Canadian auto parts company Magna International Inc. has chosen company veteran Seetarama Kotagiri as its new chief executive amid the retirement of Don Walker, who led the company through turmoil to growth.
Tennessee factory to become GM's 3rd electric vehicle plant

Tennessee factory to become GM's 3rd electric vehicle plant

DETROIT — General Motors plans to spend $2 billion to convert its Spring Hill, Tennessee, assembly plant into a third U.S. site to build future electric vehicles.
39 Chinese are Thailand's 1st foreign tourists in 7 months

39 Chinese are Thailand's 1st foreign tourists in 7 months

BANGKOK — Thailand’s tourist industry took a modest step toward reviving its coronavirus-battered fortunes Tuesday by welcoming 39 visitors who flew in from Shanghai, the first such arrivals since regular travellers were banned almost seven months ag
Tribes make new move to shut down Dakota Access Pipeline

Tribes make new move to shut down Dakota Access Pipeline

BISMARCK, N.D. — Native American tribes opposed to the Dakota Access Pipeline once again have asked a federal judge to stop the flow of oil while the legal battle over the line’s future plays out.
Sweden bans Huawei, ZTE from 5G, calls China biggest threat

Sweden bans Huawei, ZTE from 5G, calls China biggest threat

Sweden is banning Chinese tech companies Huawei and ZTE from building new high-speed wireless networks after a top security official called China one of the country's biggest threats.