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‘First of its kind’: Dow invests $9 billion on Alberta net-zero petrochemical project
FORT SASKATCHEWAN, Alta. – Dow Chemical has announced plans to invest nearly $9 billion in…
S&P/TSX composite led higher by financial stocks Wednesday, U.S. markets mixed
TORONTO – Canada’s main stock index posted a small gain Wednesday, led higher by financials…
Feds select Boeing in sole-source deal for military planes, bypassing Bombardier
The federal government has landed on Boeing Co. to replace the military’s aging patrol planes…
Canadian oil and gas execs look to talk up emissions reduction plans at COP28 summit
CALGARY – Executives and senior leaders from Canada’s oil and gas sector are heading to…
Stock market today: Wall Street drifts to a mixed close, weighed down by Big Tech
NEW YORK – Stocks drifted to a mixed close on Wall Street as drops in…
Labour shortages cost small businesses $38 billion in lost sales last year: CFIB
TORONTO – Small businesses lost more than $38 billion in revenue opportunities last year because…
Respondents to Bank of Canada questionnaire largely oppose creating a digital loonie
OTTAWA – The Bank of Canada’s public consultations on the creation of a digital Canadian…
Cutting-edge antibody therapy firm, AbCellera, to lay off 10 per cent of workforce
VANCOUVER – The Vancouver-based company that helped develop the first antibody therapy treatment for COVID-19…
US economic growth for last quarter is revised up to a 5.2% annual rate
WASHINGTON (AP) — Shrugging off higher interest rates, America’s consumers spent enough to help drive…
Enbridge raising quarterly dividend next year as it expects business to grow
CALGARY – Enbridge Inc. is raising its dividend as it expects its business to continue…
GM says strike cost $1.1B, but it can absorb rising labor costs as it raises dividend
DETROIT (AP) — General Motors says pretax earnings took a $1.1 billion hit this year…
Emirati-designated COP28 leader forcefully denies report UAE wanted to seek oil deals in summit
DUBAI, United Arab Emirates (AP) — The Emirati president-designate for the upcoming United Nations COP28…
AI won’t pose immediate existential threat but ‘safety brakes’ needed: Microsoft
Microsoft’s president says he doesn’t think artificial intelligence poses an immediate threat to humanity’s existence,…
Three in four Canadians say higher immigration is worsening housing crisis: poll
OTTAWA – A large majority of Canadians agree that higher immigration is fuelling the housing…
Saudi Arabia’s capital Riyadh chosen to host the 2030 World Expo
ISSY-LES-MOULINEAUX, France (AP) — Saudi Arabia’s capital Riyadh was chosen Tuesday to host the 2030…
OpenText divesting AMC business to Rocket Software for US$2.3 billion
OpenText Corp. says it’s divesting its AMC business to Rocket Software, Inc. for US$2.275 billion…
Coastal GasLink pipeline mechanically complete before year-end deadline
VANCOUVER – The Coastal GasLink pipeline that stretches across northern B.C. is mechanically complete ahead…
Alimentation Couche-Tard reports net earnings of US$819.2 million in second quarter
LAVAL, Que. – Alimentation Couche-Tard Inc. says its net earnings for the second quarter were…
Charlie Munger, Warren Buffet’s longtime sidekick at Berkshire Hathaway, dies at 99
OMAHA, Neb. (AP) — Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an…
Digital services tax still part of the plan, says Freeland, but timing unclear
OTTAWA – Finance Minister Chrystia Freeland is pushing back against the idea that the federal…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:…
Energy stocks help S&P/TSX composite eke out gain, U.S. markets rise
TORONTO – Canada’s main stock index eked out a gain Tuesday as strength in energy…
Liz Rodbell to take over as president and CEO of Hudson’s Bay
TORONTO – Hudson’s Bay says Liz Rodbell will take over as president and CEO of…
First Quantum suspends commercial operations at Cobre Panama mine after Panama court declares contract unconstitutional
PANAMA CITY (AP) — First Quantum Minerals Ltd. is suspending operations at its Cobre Panama…