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Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

CALGARY — Crescent Point Energy Corp. says it has signed an agreement with Paramount Resources Ltd. to acquire additional Kaybob Duvernay assets for $375 million.
From missing family time to making food, Canadians are cutting back amid inflation

From missing family time to making food, Canadians are cutting back amid inflation

MONTREAL — It has not been an easy year for Canadians financially. Decades-high inflation and soaring interest rates have led many to take a closer look at their spending habits and, consequently, make some tough choices.
Igor brand Gorgonzola mild ripened blue-veined cheese was sold in Ontario and Quebec

Igor brand Gorgonzola mild ripened blue-veined cheese was sold in Ontario and Quebec

OTTAWA — The Canadian Food Inspection Agency has issued a recall for Igor brand Gorgonzola mild ripened blue-veined cheese due to possible Listeria contamination. The affected product distributed by Jan K.
TC Energy shuts down Keystone pipeline system after leak in Kansas

TC Energy shuts down Keystone pipeline system after leak in Kansas

CALGARY — TC Energy Corp. has estimated the volume of oil released in Wednesday's Keystone pipeline leak at 14,000 barrels, making this most recent spill larger than Keystone's 2017 and 2019 leaks combined.
Quebec economic update: A lot of uncertainty in 2023, Girard says

Quebec economic update: A lot of uncertainty in 2023, Girard says

Quebec Finance Minister Eric Girard said Thursday the province's economy is facing a lot of uncertainty going into 2023 as he presented his economic update, one that included help for low-income seniors in the face of stubborn inflation.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,969.19, down 4.03 points.) Suncor Energy Inc. (TSX:SU). Energy. Down four cents, or 0.10 per cent, to $40.62 on 10.8 million shares.
Financial institutions, businesses see a role in preserving biodiversity at COP15

Financial institutions, businesses see a role in preserving biodiversity at COP15

MONTREAL — A number of business groups and financial institutions say they want to play a role in promoting biodiversity and hope a new UN biodiversity treaty will require some companies to disclose their impacts.
S&P/TSX composite edges down; U.S. markets tick higher on quiet trading day

S&P/TSX composite edges down; U.S. markets tick higher on quiet trading day

Canada's main stock index edged downwards and U.S. markets ticked slightly higher on what was overall a quiet day of trading Thursday. The S&P/TSX composite index closed down 4.03 points at 19,969.19.
BoC shifting from how much to raise rates to whether to raise them: Deputy Governor

BoC shifting from how much to raise rates to whether to raise them: Deputy Governor

The Bank of Canada's steep rate hike cycle could be coming to an end, but don't expect rates to start going back down any time soon.
Stocks rise on Wall Street, but remain lower for the week

Stocks rise on Wall Street, but remain lower for the week

NEW YORK — Stocks closed higher on Wall Street but remain lower for the week after five straight losses. The S&P 500 rose 0.8% Thursday and the tech-heavy Nasdaq added 1.1%. The Dow Jones Industrial Average rose 0.5%. U.S.