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MDA signs deal to buy digital payload division of SatixFy Communications

MDA signs deal to buy digital payload division of SatixFy Communications

BRAMPTON, Ont. — MDA Ltd. has signed an agreement to buy the digital payload division of SatixFy Communications Ltd. in a deal valued at US$40 million. MDA chief executive Mike Greenley says the deal for SatixFy Space Systems UK Ltd.
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Tidewater signs deal to sell Pipestone and Dimsdale assets to AltaGas for $650M

Tidewater signs deal to sell Pipestone and Dimsdale assets to AltaGas for $650M

CALGARY — Tidewater Midstream and Infrastructure Ltd. has signed a deal to sell its Pipestone natural gas plant and expansion project as well as its Dimsdale natural gas storage facility to AltaGas Ltd. for $650 million in cash and shares.
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Tesla is allowing no-hands driving with Autopilot for longer periods. US regulators have questions

Tesla is allowing no-hands driving with Autopilot for longer periods. US regulators have questions

DETROIT (AP) — Tesla is allowing some drivers to use its Autopilot driver-assist system for extended periods without making them put their hands on the steering wheel, a development that has drawn concern from U.S. safety regulators.
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Millions more workers would be entitled to overtime pay under a proposed Biden administration rule

Millions more workers would be entitled to overtime pay under a proposed Biden administration rule

NEW YORK (AP) — The Biden administration proposed a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, the most generous such increase in decades.
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Air Canada slashing routes out of Calgary in face of ongoing pilot shortage

Air Canada slashing routes out of Calgary in face of ongoing pilot shortage

CALGARY — Air Canada is slashing six major routes out of Calgary this winter, in part due to an industry-wide pilot shortage that the carrier says threatens its "overall operational stability.
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N.B. forest strategy lauded for conservation, criticized for lack of tree diversity

N.B. forest strategy lauded for conservation, criticized for lack of tree diversity

FREDERICTON — For the first time, the New Brunswick government is considering the risks of climate change in its long-term forest-management strategy, but critics say the province's interests are still too weighted in favour of industry over environm
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,330.32, up 39.91 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up five cents, or 9.09 per cent, to 60 cents on 10.
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S&P/TSX composite ticks higher on energy, tech and metals, U.S. markets also rise

S&P/TSX composite ticks higher on energy, tech and metals, U.S. markets also rise

TORONTO — Strength in energy, technology and battery metals stocks helped Canada's main stock index tick higher Wednesday, while U.S. stock markets also rose.
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Stock market today: Wall Street ends higher, chipping away at losses for August

Stock market today: Wall Street ends higher, chipping away at losses for August

NEW YORK (AP) — Stocks closed modestly higher on Wall Street, chipping away at the market’s losses for August. Treasury yields fell Wednesday after some weaker-than expected readings on the U.S. economy and job market. The S&P 500 rose 0.
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Four companies inch closer to realizing wind, hydrogen plans in Newfoundland

Four companies inch closer to realizing wind, hydrogen plans in Newfoundland

ST. JOHN'S, N.L. — Four companies are one step closer to building wind-powered hydrogen and ammonia plants on the blustery island of Newfoundland as the province vies to become a key player in the nascent global hydrogen energy market.
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