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MEG Energy promotes chief operating officer Darlene Gates to chief executive

MEG Energy promotes chief operating officer Darlene Gates to chief executive

CALGARY — MEG Energy Corp. is promoting Darlene Gates to the role of chief executive. The oilsands company says Gates, who is the company's chief operating officer, will take over the top job on May 1 when Derek Evans steps down from the role.
'Nobody needs an extra coat': Apparel sector braces for another year of no splurging

'Nobody needs an extra coat': Apparel sector braces for another year of no splurging

TORONTO — Despite an unseasonably warm winter, there's a chill across the Canadian retail landscape.
CWB Financial Group Q1 profit down from year ago, provisions for credit losses up

CWB Financial Group Q1 profit down from year ago, provisions for credit losses up

EDMONTON — CWB Financial Group reported its first-quarter profit fell compared with a year ago as its provision for credit losses rose. The Edmonton-based bank says it earned common shareholders' net income of $87.
Ontario regulator launches consumer tool to verify financial adviser credentials

Ontario regulator launches consumer tool to verify financial adviser credentials

TORONTO — Ontario's financial services regulator is making it easier for consumers to verify the credentials of financial advisers and financial planners.
'Measured choices': Health, education come out ahead in restrained Alberta budget

'Measured choices': Health, education come out ahead in restrained Alberta budget

EDMONTON — Health care and education came out ahead Thursday in a generally restrained Alberta provincial budget forecasting a paper-thin surplus that could easily go up in smoke.
First US moon lander in half a century stops working a week after tipping over at touchdown

First US moon lander in half a century stops working a week after tipping over at touchdown

CAPE CANAVERAL, Fla. (AP) — The first U.S. spacecraft to land on the moon since the Apollo astronauts fell silent Thursday, a week after breaking a leg at touchdown and tipping over near the lunar south pole.
P.E.I. budget projects $85-million deficit, increase in health-care spending

P.E.I. budget projects $85-million deficit, increase in health-care spending

CHARLOTTETOWN — Prince Edward Island's Progressive Conservative government tabled a $3.2-billion budget Thursday with a projected deficit of $85 million.
Health, education, disaster planning: Highlights of Alberta's latest budget

Health, education, disaster planning: Highlights of Alberta's latest budget

EDMONTON — Alberta’s budget for 2024-25 foresees a slim $367 million surplus, with slightly lower revenues compared to last year’s estimated top line.
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 Thursdayon the Toronto Stock Exchange: Toronto Stock Exchange (21,363.61, up 119.84 points): Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Up eight cents, or 1.02 per cent, to $7.
Ottawa repurposing $10.5B to hike spending on health care, housing over three years

Ottawa repurposing $10.5B to hike spending on health care, housing over three years

OTTAWA — The federal government will repurpose $10.5 billion over the next three years from the budgets of 69 departments, agencies and Crown corporations, Treasury Board President Anita Anand said Thursday.