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National Business
National Business
The sale of Teck to a foreign buyer would be a loss for Canada, critics say
CALGARY — The hostile takeover of Canada's largest diversified mining company by a foreign entity would weaken this country's chances of becoming a leader in critical minerals, according to industry watchers.
Apr 17, 2023 1:58 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,641.97, up 62.06): Ascot Resources Ltd. (TSX:AOT). Basic Materials. Down one cent, or 1.47 per cent, to 67 cents on 25.
Apr 17, 2023 1:46 PM
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S&P/TSX composite posts small gain Monday, U.S. markets also rise
TORONTO — Canada's main stock index posted a small gain to start the week while U.S. markets also rose in the latter half of the afternoon after sagging for most of the day.
Apr 17, 2023 1:34 PM
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Minnesota is latest to settle with e-cigarette maker Juul
MINNEAPOLIS (AP) — Minnesota announced a settlement Monday in its lawsuit against Juul Labs and tobacco giant Altria — the first of thousands of cases against the e-cigarette maker to reach trial — just ahead of closing arguments.
Apr 17, 2023 12:37 PM
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Macron says he hears people anger but pension law was needed
PARIS (AP) — French President Emmanuel Macron said Monday that he heard people’s anger over raising the retirement age from 62 to 64, but insisted that it was needed to keep the pension system afloat as the population ages.
Apr 17, 2023 12:36 PM
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Federal workers to strike Wednesday if union, government don't reach deal by Tuesday
OTTAWA — The country's largest federal public service union says if a deal isn't reached with the federal government by 9 p.m. EDT on Tuesday, it will launch a strike the next day.
Apr 17, 2023 12:28 PM
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EllisDon CEO Geoff Smith stepping down in June, Kieran Hawe named next CEO
MISSISSAUGA, Ont. — Construction company EllisDon says Geoff Smith will step down as president and chief executive in June. The company says he will be replaced by Kieran Hawe, EllisDon’s current chief operating officer, construction.
Apr 17, 2023 12:04 PM
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Statistics Canada says wholesale sales down 1.7% at $85.6B in February
OTTAWA — Statistics Canada says wholesale sales fell 1.7 per cent to $85.6 billion in February after hitting a record high in January.
Apr 17, 2023 11:31 AM
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Home Capital deal to be bought by Smith Financial clears key regulatory hurdle
TORONTO — Home Capital Group Inc. says its deal to be acquired by Smith Financial Corp. has cleared a key regulatory hurdle.
Apr 17, 2023 11:06 AM
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Magna to engineer and build off-road electric vehicle for industrial group Ineos
Magna International Inc. says it will engineer and build electric off-road vehicles for U.K.-based industrial conglomerate Ineos Group Ltd. Aurora, Ont.
Apr 17, 2023 10:59 AM
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