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S&P/TSX composite rises Friday amid strength in industrial stocks, U.S. markets up
TORONTO — Canada's main stock index rose in Friday trading amid strength in industrial and financial stocks, while U.S. markets also gained. The S&P/TSX composite index was up 74.45 points at 25,971.93.
May 16, 2025 1:45 PM
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'A first step': Crowsnest Pass mayor excited about Northback drilling approval
CALGARY — The mayor of Crowsnest Pass in southwestern Alberta says the Alberta Energy Regulator's approval of a controversial coal exploration project on the eastern slopes of the Rocky Mountains is long overdue. "I think they finally woke up.
May 16, 2025 1:40 PM
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Strathcona Resources aims to join oilsands 'doppelgangers' with MEG takeover bid
CALGARY — The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its unsolicited takeover bid for MEG Energy Corp., but one analyst calls the $5.
May 16, 2025 1:38 PM
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'Trump factor' could cause gas price volatility this summer, analyst says
CALGARY — The May long weekend is when gasoline prices tend to start levelling off ahead of the high-demand summer driving season.
May 16, 2025 1:23 PM
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US stocks push closer to their records as Wall Street closes out another winning week
NEW YORK (AP) — U.S. stocks closed out another strong week on a positive note. The S&P 500 rose 0.7% Friday, its fifth gain in a row and bringing its gain for the week to 5.3%. It was the third week of solid gains in the last four.
May 16, 2025 1:05 PM
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Stockwell Day supports Alberta vote on separation, warns it's dangerous for Tories
OTTAWA — The Alberta separatist movement presents a danger to the federal Conservative party, said former Tory member of Parliament Stockwell Day.
May 16, 2025 12:34 PM
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Canadian Tire a good fit for Hudson's Bay but will need to exercise caution: experts
TORONTO — With Canadian Tire poised to become the new home for Hudson's Bay and its brands, retail experts say the company will have to balance the integrity and heritage of the 355-year-old department store with the wealth of possibilities its forth
May 16, 2025 11:41 AM
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University of Calgary launches initiative to study new relationship with the U.S.
CALGARY — Alberta is putting $6.5 million toward a new initiative at the University of Calgary to study how Canada's relationship with the United States is changing with U.S. President Trump in the White House.
May 16, 2025 11:36 AM
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Pipeline company South Bow sees profits, revenues fall in first quarter
CALGARY — Crude pipeline operator South Bow Corp. has reported a drop in quarterly profits and revenues.
May 16, 2025 11:22 AM
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Keystone restrictions, market uncertainty weigh on South Bow earnings forecast
CALGARY — Oil shipper South Bow Corp. is lowering the upper end of its 2025 earnings forecast due to market uncertainty and ongoing pressure restrictions on its Keystone pipeline.
May 16, 2025 11:14 AM
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