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National Business
National Business
Ottawa names commissioner to grow its nightlife economy
OTTAWA — The City of Ottawa is hiring a new commissioner to grow its nightlife economy and help change its image as the "town that fun forgot." Mayor Mark Sutcliffe introduced Mathieu Grondin as Ottawa's new nightlife commissioner on Tuesday.
Jun 11, 2024 10:23 AM
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Production starts at Senegal's first offshore oil project
DAKAR, Senegal (AP) — Production has started at Senegal's first offshore oil project, the Australian group Woodside Energy said Tuesday, as the country's new government eyes higher profits from natural resources.
Jun 11, 2024 9:07 AM
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Bell closes deal to buy Outfront Media's Canadian business, must sell 669 ad spaces
The Competition Bureau says Bell Media must sell nearly 700 advertising displays in Ontario and Quebec as a condition of its $410-million acquisition of outdoor advertising company Outfront Media Inc.'s Canadian operations.
Jun 11, 2024 7:45 AM
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'A bit of a Wild West': Navigating the changing rules on when to tip
If he was speaking to a visitor or newcomer to Canada, Michael von Massow would struggle to describe our tipping culture to them. “It is a bit of a Wild West,” von Massow said.
Jun 11, 2024 7:06 AM
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World Bank boosts forecast: Strength of US economy will support global growth of 2.6% this year
WASHINGTON (AP) — The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States. The bank's latest outlook marks an increase from the 2.
Jun 11, 2024 6:34 AM
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Glass Lewis recommends shareholders vote for deal to take Nuvei private
MONTREAL — Proxy advisory firm Glass, Lewis & Co. is recommending Nuvei Corp. shareholders vote for a plan that will see the company taken private.
Jun 11, 2024 6:26 AM
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Descartes Systems Group buys BoxTop Technologies for US$13 million
TORONTO — Descartes Systems Group has acquired BoxTop Technologies Ltd., a maker of software for small- to mid-sized logistics services companies, for US$13 million.
Jun 11, 2024 5:21 AM
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Younger homeowners more likely to be financially stressed: survey
Roughly six in 10 Canadians with a mortgage are financially stressed, with younger homeowners more likely to be under pressure.
Jun 11, 2024 1:00 AM
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'Incredibly impressed': Calgary mayor applauds reduced water use after pipeline break
CALGARY — As crews work to fix a massive pipeline break, Calgary’s mayor says citizens are stepping up to draw down on water use to prevent city taps from running dry.
Jun 10, 2024 8:06 PM
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Calgary energy company told to abandon hundreds of wells after ongoing care problems
CALGARY — A Calgary energy company has been ordered to abandon close to 1,000 wells, pipelines and other facilities over concerns about care and maintenance of the sites.
Jun 10, 2024 4:22 PM
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