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National Business
National Business
Parkland Corp. posts first-quarter loss due to Burnaby refinery outage
CALGARY — Fuel retailer Parkland Corp. says it posted a net loss of $5 million in its first quarter as its financial results took a hit due to an unplanned shutdown at its Burnaby refinery.
May 1, 2024 2:42 PM
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Capital Power pulls plug on proposed $2.4B carbon capture and storage project
Edmonton-based Capital Power Corp. says it is no longer pursuing its proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant.
May 1, 2024 2:00 PM
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Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks
WASHINGTON (AP) — Former President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week.
May 1, 2024 1:59 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,728.55, up 14.01 points): Manulife Financial Corp. (TSX:MFC). Finance. Up 32 cents, or 1.00 per cent, to $32.43 on 9.
May 1, 2024 1:51 PM
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TSX flat as oil falls, U.S. stock markets mixed after Fed holds interest rates steady
TORONTO — Canada's main stock index eked out a gain Wednesday even as energy stocks fell, while U.S. markets stumbled to a mixed close after the central bank held interest rates steady.
May 1, 2024 1:39 PM
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Rogers CEO touts Amazon NHL deal, says company will pursue rights renewal in 2026
TORONTO — The chief executive of Rogers Communications Inc.
May 1, 2024 12:44 PM
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Oil begins moving on $34B Trans Mountain pipeline expansion
CALGARY — Canada's energy sector as well as the country's main oil-producing province celebrated Wednesday as the long-awaited $34-billion Trans Mountain pipeline expansion officially came online. Crown corporation Trans Mountain Corp.
May 1, 2024 12:34 PM
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Calgary home sales jump in April being driven by lower-priced houses: board
CALGARY — The Calgary Real Estate Board says April home sales were up 7.3 per cent from last year, driven by growth in the number of relatively more affordable, higher-density properties changing hands.
May 1, 2024 11:12 AM
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Loblaw CEO 'cautiously optimistic' about grocery code of conduct
Loblaw Cos. Ltd.'s new chief executive said he's "cautiously optimistic" that the company will be able to come to an agreement on the grocery code of conduct.
May 1, 2024 11:05 AM
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Trans Mountain tolling dispute could stretch into mid-2025: Cenovus
CALGARY — Cenovus Energy Inc. executives warn it could be well into next year before oil companies resolve their ongoing dispute with Trans Mountain Corp. over rising pipeline shipping fees.
May 1, 2024 10:35 AM
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