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Shopify stock plunges to two-year low as it signs US$2.1-billion deal to buy Deliverr

Shopify stock plunges to two-year low as it signs US$2.1-billion deal to buy Deliverr

Shopify Inc. is making the biggest acquisition in its history as it tries to reverse the flagging faith in its growth path that has knocked it well off the perch of Canada's most valuable company.
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BCE pushes ahead with next-gen infrastructure spending as inflationary pressures rise

BCE pushes ahead with next-gen infrastructure spending as inflationary pressures rise

TORONTO — BCE Inc. says it's spending heavily on infrastructure to meet rising data demands as more customers switch to the 5G and fibre networks.
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The AP Interview: Belarus admits Russia's war 'drags on'

The AP Interview: Belarus admits Russia's war 'drags on'

MINSK, Belarus (AP) — Belarus’ authoritarian President Alexander Lukashenko defended Russia’s invasion of Ukraine in an interview Thursday with The Associated Press, but he said he didn’t expect the 10-week-old conflict to “drag on this way.
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Canadian Natural Resources first-quarter profit more than doubles

Canadian Natural Resources first-quarter profit more than doubles

CALGARY — Canadian Natural Resources Ltd.'s profits more than doubled from a year ago in the first quarter, as surging oil prices pushed the Calgary-based energy company closer to reaching its debt reduction target.
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Resolute Forest Q1 profit surges to US$210M on improved pricing, acquisitions

Resolute Forest Q1 profit surges to US$210M on improved pricing, acquisitions

MONTREAL — Resolute Forest Products Inc. is reporting stronger results in its latest quarter on gains in its pulp and paper sectors from improved pricing and the idling of a U.S. mill. The forestry company, which keeps its books in U.S.
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Bank of Canada reaching out to Indigenous groups on economic reconciliation

Bank of Canada reaching out to Indigenous groups on economic reconciliation

GATINEAU, Que. — A senior Bank of Canada official says the central bank will reach out to Indigenous groups over the next two years to help it define what economic reconciliation means and what its role should be.
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Bombardier seizes on soaring demand for private jets

Bombardier seizes on soaring demand for private jets

MONTREAL — Bombardier Inc. bolstered its business jet backlog in its first quarter, ramping up cash flow as more wealthy high-fliers opt for private plane travel in the COVID-19 era. The company increased its backlog of private jet orders by US$1.
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Sizing up how much boat you need, and how much you can afford

Sizing up how much boat you need, and how much you can afford

OTTAWA — Whether it's sneaking off to a secret fishing hole, afternoons towing squealing kids on a tube or lazy sunset cruises, for many, summer means time out on a boat.
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Cameco reports $40M Q1 profit, revenue up 37 per cent, boosted by higher prices

Cameco reports $40M Q1 profit, revenue up 37 per cent, boosted by higher prices

SASKATOON — Cameco Corp. reported a first-quarter profit of $40 million compared with a loss of $5 million a year ago as its revenue rose 37 per cent compared with a year ago, helped by higher prices.
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OPEC+ opens oil taps gradually as Russian war roils markets

OPEC+ opens oil taps gradually as Russian war roils markets

LONDON (AP) — OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world, even as Europe’s plan to sanction Russian oil threatens to yank millions of barrels off a global market already thirsty for
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