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National Business
National Business
Overhaul permitting process in Canada to keep up with U.S., TC Energy CEO urges
WASHINGTON — Canada might be outmatched by the U.S. on raw spending power, but retooling the way Ottawa signs off on infrastructure projects could help it gain ground in the race to build North America's green economy, industry leaders say.
May 15, 2023 2:29 PM
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Stellantis stops construction on Windsor, Ont., EV battery plant amid fed dispute
One of the world's largest automakers said Monday it has stopped construction on a $5-billion electric vehicle battery plant in Windsor, Ont., saying the federal government has not delivered on what was promised.
May 15, 2023 2:27 PM
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Constellation Software sees revenues rise in Q1, earns US$94 million
TORONTO — Constellation Software Inc. says its net income attributable to shareholders was US$94 million, down four per centfrom US$98 million a year earlier. The Toronto-based company says earnings per diluted share were US$4.44, down from US$4.
May 15, 2023 2:25 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 (20,539.97, up 120.35): Suncor Energy Inc. (TSX:SU). Energy. Up 29 cents, or 0.75 per cent, to $39.16 on 25.1 million shares.
May 15, 2023 1:47 PM
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S&P/TSX composite adds 120 points on strength in energy, metals, U.S. markets also up
TORONTO — Strength in the base metal and energy sectors helped lead Canada's main stock index higher Monday ahead of Tuesday's inflation data release, while U.S. markets also ticked upwards. The S&P/TSX composite index was up 120.
May 15, 2023 1:37 PM
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Fire breaks out at Marathon refinery in Texas; 1 worker dead
TEXAS CITY, Texas (AP) — A fire at a Marathon Petroleum refinery near Houston on Monday caused visible flames and left at least one worker dead, the company said. Marathon said the cause of the morning fire was under investigation.
May 15, 2023 12:59 PM
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Dead birds found at Suncor oilsands tailings ponds sites
CALGARY — The Alberta Energy Regulator says a total of 32 dead waterfowl have been found at two separate oilsands tailings ponds operated by Suncor Energy Inc.
May 15, 2023 12:58 PM
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Calgary-based robotics firm Attabotics sues Canadian Tire alleging damages after fire
CALGARY — Attabotics is suing Canadian Tire Corp. Ltd. for damages, claiming a fire at the retail chain's Toronto-area distribution centre was caused by "wrongful conduct.
May 15, 2023 12:53 PM
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Yukon government takes over Minto Mine after company ceases operations
WHITEHORSE — The Yukon government says it’s focused on protecting the environment after taking control of the Minto Mine located on Selkirk First Nation territory.
May 15, 2023 11:06 AM
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Microsoft's bid to buy Activision Blizzard clears a key hurdle. But the $69B deal is still at risk
LONDON (AP) — The European Union on Monday approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard, deciding the deal won’t stifle competition for popular console titles like Call of Duty and accepting the U.S.
May 15, 2023 10:34 AM
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