Skip to content

National Business

TC Energy Corp. commits to up to $3.3B to cover Coastal GasLink cost increases

TC Energy Corp. commits to up to $3.3B to cover Coastal GasLink cost increases

CALGARY — TC Energy Corp. has committed to providing up to $3.3-billion in additional temporary bridge financing to cover cost overruns related to the Coastal GasLink pipeline project.
Telus adds record number of customers, raises quarterly dividend amid higher profits

Telus adds record number of customers, raises quarterly dividend amid higher profits

Telus Corp. added a whopping 320,000 customers in its third quarter, an all-time quarterly record that helped drive higher revenue and profit and prompted the telecom giant to raise its dividend.
Global energy crisis the result of 'underinvestment': Enbridge CEO

Global energy crisis the result of 'underinvestment': Enbridge CEO

CALGARY — Soaring heating prices in Europe and an electricity crisis in China are proof that the global transition to a low-carbon economy needs to be driven by a "mix of balanced policy solutions," the chief executive of pipeline giant Enbridge Inc.
Canopy Growth delays profitability target after $16.3M loss in Q2, facility closure

Canopy Growth delays profitability target after $16.3M loss in Q2, facility closure

Canopy Growth Corp. pushed back its profitability target as it reported a $16.3 million loss and said it would close one of its greenhouses. The Smiths Falls, Ont.
US employers shrugged off virus and stepped up hiring

US employers shrugged off virus and stepped up hiring

WASHINGTON (AP) — America’s employers accelerated their hiring last month, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown.
Dorel warns of challenges ahead from supply disruptions after swinging to Q3 loss

Dorel warns of challenges ahead from supply disruptions after swinging to Q3 loss

MONTREAL — Dorel Industries Inc. is warning that supply chain disruptions that are worse than previously thought will hamper its fourth-quarter results after contributing to a US$37-million loss in its latest quarter.
If you catch COVID-19 abroad, can you come home — and if not, who pays the bill?

If you catch COVID-19 abroad, can you come home — and if not, who pays the bill?

Many Canadians are itching to travel overseas — or at least over the U.S. border — after 20 months stuck inside the country amid COVID-19 health measures and travel restrictions. With the U.S.

Gladys Knight's son gets prison over restaurant taxes

ATLANTA (AP) — The son of R&B legend Gladys Knight has been sentenced to serve two years in prison for failing to withhold payroll taxes for the restaurants that bore his mother's name, federal prosecutors in Atlanta said.
Canada Goose beats quarterly revenue estimates, pushing up share price

Canada Goose beats quarterly revenue estimates, pushing up share price

Sales of Canada Goose Holdings Inc.'s luxury parkas are heating up as economies reopen around the world, with the planned launch of footwear next week expected to send revenues sizzling.
Magna Q3 profit down as auto production falls due to semiconductor chip shortage

Magna Q3 profit down as auto production falls due to semiconductor chip shortage

TORONTO — Magna International Inc. reported its third-quarter profit fell compared with a year ago and cut its outlook for its full year as auto production around the world fell due the shortage of semiconductor chips.