Skip to content

National Business

TC Energy says 'multiple' asset sale negotiations underway in $5B divestment process

TC Energy says 'multiple' asset sale negotiations underway in $5B divestment process

CALGARY — TC Energy Corp.
Couche-Tard signs deal for 112 gas station and convenience store sites in U.S.

Couche-Tard signs deal for 112 gas station and convenience store sites in U.S.

LAVAL, Que. — Alimentation Couche-Tard Inc. has signed a deal to buy 112 gas station and convenience store sites in the United States from MAPCO Express Inc. Financial terms of the agreement were not immediately available.
BBC chief quits amid furor over role in Boris Johnson loan

BBC chief quits amid furor over role in Boris Johnson loan

LONDON (AP) — The chairman of the BBC quit Friday after a report found he failed to disclose a potential conflict of interest over his role in arranging a 2021 loan for Boris Johnson, who was the U.K.'s prime minister at the time.
TotalEnergies sells Canadian operations to Suncor in deal worth up to $6.1B

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.
Montreal port CEO says need for federal cash 'urgent' as expansion cost balloons

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.
S&P/TSX composite rises more than 150 points, U.S. markets post strong gains

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.
Most actively traded companies on the Toronto Stock Exchange

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.
Glencore willing to take Teck Resources bid directly to shareholders

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.
Stock market today: Meta's surge fuels big Wall Street rally

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%.
California passes 1st-in-nation emission rules for trains

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.