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National Business
National Business
BoC surveys show businesses, consumers gear up for slowdown as economy softens
OTTAWA — Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates weigh on the economy, they're also adjusting their finances to account for a slowdown.
Apr 3, 2023 9:27 AM
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The $26-billion Rogers-Shaw deal: a timeline of key events
Rogers Communications Inc's $26-billion takeover of Shaw Communications Inc. cleared the last regulatory hurdle Friday, more than two years after the deal was first announced.
Apr 3, 2023 8:06 AM
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Canadian crypto companies WonderFi, Coinsquare and CoinSmart announce merger
Plan requires court, regulatory and shareholder approvals
Apr 3, 2023 8:02 AM
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'It's wild': Demand for homes in recreational markets outpacing supply, brokers say
When Jamie Robinson thinks about the number of properties available in and around Alberta's mountain mecca Banff, one word comes to mind: "horrendous.
Apr 3, 2023 7:55 AM
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Saputo signs deal to sell two milk processing plants in Australia to Coles Group
MONTREAL — Saputo Inc. has signed a deal to sell two milk processing plants in Australia to supermarket giant Coles Group Ltd. for about $95 million.
Apr 3, 2023 6:24 AM
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UFC, WWE combine to form $21.4B sports entertainment company
WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 billion sports entertainment company. A new publicly traded company will be formed that houses the UFC and WWE brands, with Endeavor Group Holdings Inc.
Apr 3, 2023 5:28 AM
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Ovintiv signs deal to buy Midland Basin assets for US$4.275B, selling Bakken assets
CALGARY — Ovintiv Inc. has signed a deal to buy a portfolio of assets in the Midland Basin in Texas in an agreement valued at US$4.275 billion in cash and shares.
Apr 3, 2023 5:26 AM
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Banks face rising shareholder pressure through climate resolutions as AGMs loom
TORONTO — It was only after his flight landed in Toronto last year that Wet'suwet'en hereditary chief Na’Moks learned that Royal Bank of Canada had cancelled its in-person annual general meeting with less than a day's notice.
Apr 2, 2023 10:57 AM
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More oil producers join Saudis in surprise production cuts
DUBAI, United Arab Emirates (AP) — Several major oil producing countries have joined Saudi Arabia in announcing surprise production cuts that could send world oil prices higher.
Apr 2, 2023 10:30 AM
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For want of a pipeline: Canadian LNG should power low-carbon revolution, report says
WASHINGTON — As the world struggles to find the right balance between a carbon-free future and a present that still runs on fossil fuels, Canada could be leveraging its natural-gas riches to help fuel both, a new report suggests.
Apr 2, 2023 9:57 AM
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