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Regulator says CN and CP topped grain revenue entitlement caps for 2019-20 crop year

Regulator says CN and CP topped grain revenue entitlement caps for 2019-20 crop year

OTTAWA — The Canadian Transportation Agency says both the Canadian National Railway Co. and the Canadian Pacific Railway Co. exceeded their maximum grain revenue entitlements for the 2019–2020 crop year.
Canadian crude-by-rail exports fall slightly in October to 92,800 barrels per day

Canadian crude-by-rail exports fall slightly in October to 92,800 barrels per day

CALGARY — Canadian exports of crude oil by rail fell only slightly in October from September, a rare period of stability in a year that's included a record high month as well as one that saw an eight-year low.
Q3 GDP estimate gets a slight upgrade to 33.4% growth

Q3 GDP estimate gets a slight upgrade to 33.4% growth

WASHINGTON — The U.S. economy expanded at a record 33.4% annual pace from July through September, the Commerce Department said Tuesday, delivering the last of three estimates on the economy’s third-quarter performance.
Google rejects DOJ antitrust claims in court filing

Google rejects DOJ antitrust claims in court filing

Google is pushing back in court this week on antitrust claims brought against it by the Justice Department two months ago. In a legal filing with the U.S.
During crucial holiday season, US consumer confidence slumps

During crucial holiday season, US consumer confidence slumps

SILVER SPRING, Md. — A closely-watched gauge of U.S. consumer confidence tumbled in December as rising coronavirus cases dragged American optimism to its lowest level since the summer.

Nov. existing home sales fall 2.5%, following record summer

CHARLOTTE, N.C. — The market for existing homes cooled slightly in November, the National Association of Realtors said Tuesday, after climbing through the late spring, summer and early fall despite the pandemic. Existing home sales fell 2.
Remote workers finding opportunities farther afield as pandemic drags on

Remote workers finding opportunities farther afield as pandemic drags on

Finding a new contract after finishing a video editing project used to be a hassle for Heather Bergstrom.
Open Text announces settlement with U.S. Internal Revenue Service

Open Text announces settlement with U.S. Internal Revenue Service

WATERLOO, Ont. — Open Text Corp. says it has reached a deal with the U.S. Internal Revenue Service to settle a US$830-million claim related to its taxable income for its 2010 and 2012 financial years.
CAE announces deal for flight crew management software company Merlot Aero

CAE announces deal for flight crew management software company Merlot Aero

OTTAWA — CAE Inc. says it has acquired Merlot Aero Ltd., a flight crew management software company, in deal worth at least US$25 million.

Russel Metals to buy metals service centre Sanborn Tube Sales of Wisconsin

TORONTO — Russel Metals Inc. says it has signed a deal to buy Sanborn Tube Sales of Wisconsin Inc. Financial terms of the deal for the metals service centre were not immediately available.