Skip to content

National Business

Rogers gets all necessary league approvals to buy Bell's MLSE stake

Rogers gets all necessary league approvals to buy Bell's MLSE stake

TORONTO — Rogers Communications has received all necessary league approvals to buy out rival Bell’s 37.5 per cent stake in Maple Leaf Sports & Entertainment, the telecommunications company said Wednesday. Rogers announced Sept.
Montreal police arrest 13 in alleged extortions involving downtown restaurant

Montreal police arrest 13 in alleged extortions involving downtown restaurant

MONTREAL — Police arrested 13 people Wednesday in a massive sweep against a series of alleged extortion crimes targeting the owners of two downtown Montreal restaurants. Cmdr.
'Diplomacy ends today': First Nations warn of protests over Ontario mining law

'Diplomacy ends today': First Nations warn of protests over Ontario mining law

TORONTO — Ontario Premier Doug Ford's government has given itself the power to suspend provincial and municipal laws for chosen projects in areas it deems to have economic importance, citing the need to speed up development of mines, but First Nation
As hydrogen hype meets reality in Newfoundland, companies eye markets closer to home

As hydrogen hype meets reality in Newfoundland, companies eye markets closer to home

ST. JOHN'S — The global green hydrogen industry is lagging behind its own hype, but executives from six companies vying to build wind-powered hydrogen operations in Newfoundland and Labrador say it's too soon give up.
S&P/TSX composite closes down almost 100 points as tariffs weigh on market

S&P/TSX composite closes down almost 100 points as tariffs weigh on market

TORONTO — A sharp increase in tariffs the U.S. put on Canadian steel and aluminum Wednesday weighed on markets but investors were relieved Donald Trump’s latest attack didn’t exact the same damage as prior rounds.
NS Power CEO, staff grilled over breach that allowed theft of 280,000 customers' data

NS Power CEO, staff grilled over breach that allowed theft of 280,000 customers' data

HALIFAX — Nova Scotians have lost trust in the province's largest electric utility, provincial politicians said Wednesday during a heated committee meeting that raised tough questions about the recent ransomware attack on Nova Scotia Power.
Steel industry, labour leaders call for government action as U.S. tariffs spike

Steel industry, labour leaders call for government action as U.S. tariffs spike

TORONTO — Canada's steel industry needs the federal government to take swift action as it faces an existential threat from steeply increased U.S. tariff, said Catherine Cobden, head of the Canadian Steel Producers Association.
Wall Street drifts following some discouraging updates on the economy

Wall Street drifts following some discouraging updates on the economy

NEW YORK (AP) — U.S. stocks drifted through a quiet day of trading as Wall Street’s momentum slowed following its big recent rally. The S&P 500 was essentially flat Wednesday and is within 2.8% of its all-time high.
Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

OTTAWA — The unpredictability of the United States' trade war and signs of creeping inflation kept the Bank of Canada's interest rate on hold for a second consecutive decision on Wednesday — even as the central bank braces for an economic hit.
BC Hydro seeks baseload power boost from stable sources

BC Hydro seeks baseload power boost from stable sources

VANCOUVER — British Columbia's power utility has begun the process to boost the province's baseload electricity generation capacity in a bid to meet the province's growing demand from residents and industries.