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Suncor Energy earns $877M on increased production; doubles dividend

Suncor Energy earns $877M on increased production; doubles dividend

CALGARY — Suncor Energy Inc. is doubling its dividend and restoring it to pre-pandemic levels as it continues to pay down debt and ramp up production in the wake of higher oil prices. Shares in the Calgary-based oil producer and refiner closed up $3.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,197.53, up 242.54 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $3.78, or 13.4 per cent, to $32 on 18.5 million shares.
Blackhawks brand could take hit without proper response to sex assault allegation

Blackhawks brand could take hit without proper response to sex assault allegation

Sports marketing experts say it remains to be seen whether there will be a sponsorship fallout after allegations of sexual assault within the Chicago Blackhawks organization came to light.
Shopify, Suncor contribute to rebound for S&P/TSX composite, U.S. markets also up

Shopify, Suncor contribute to rebound for S&P/TSX composite, U.S. markets also up

TORONTO — Strong gains by Canada's most valuable company as well as oil giant Suncor Inc. powered the S&P/TSX composite index to its best performance in nearly five months as it rebounded from Wednesday's drop.
EXPLAINER: What is the metaverse and how will it work?

EXPLAINER: What is the metaverse and how will it work?

The term “metaverse" is the latest buzzword to capture the tech industry's imagination — so much so that one of the best-known internet platforms is rebranding to signal its embrace of the futuristic idea.
Molson Coors grows revenue amid reopening of venues and shift to premium brands

Molson Coors grows revenue amid reopening of venues and shift to premium brands

Molson Coors Beverage Co. reported higher profits and revenues in its latest quarter as its shift to a simplified, more lucrative product line and the ongoing economic reopening boosted sales.
Crescent Point Energy reports Q3 profit up from year ago as energy prices surge

Crescent Point Energy reports Q3 profit up from year ago as energy prices surge

CALGARY — Strong results for Crescent Point Energy Corp.
US economy slowed to a 2% rate last quarter in face of COVID

US economy slowed to a 2% rate last quarter in face of COVID

WASHINGTON (AP) — Hampered by rising COVID-19 cases and persistent supply shortages, the U.S.
TD Bank makes senior executive changes as head of Canadian personal banking to retire

TD Bank makes senior executive changes as head of Canadian personal banking to retire

TORONTO — TD Bank Group is making several changes to its senior executive ranks as its head of Canadian personal banking plans to retire.
Canadians look to maintain pandemic-era savings rates amid rising inflation

Canadians look to maintain pandemic-era savings rates amid rising inflation

A majority of Canadians plan to continue spending less and saving at higher levels than they did before the pandemic, but are worried that inflation and the rising cost of housing could prevent them from doing so, according to a new survey.