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National Business
Oil and gas production forecast to rise despite lower energy use per person: CER
CALGARY — Slower growth in domestic fossil fuel consumption is expected over the next 20 years as Canadians use more renewable energy and cut their energy use per capita, according to a new forecast from the Canada Energy Regulator.
Dec 3, 2019 2:07 PM
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Short-term rental operators seek to appeal Toronto ruling on bylaws
TORONTO — A group is seeking to appeal a November ruling that upheld the City of Toronto's rules for the Airbnb-type rentals.
Dec 3, 2019 1:39 PM
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November home sales in Vancouver roughly in line with 10-year average
VANCOUVER — The Real Estate Board of Greater Vancouver says home sales returned to around historically typical levels in November after a quieter first half of the year. The board says 2,498 homes sold in the month for a 55.
Dec 3, 2019 12:05 PM
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BMO trimming five per cent of workforce, with cuts spread across business
TORONTO — The Bank of Montreal's fourth-quarter profit fell to $1.19 billion as it was hit by a restructuring charge related primarily to severance that will affect about five per cent of its global workforce.
Dec 3, 2019 11:05 AM
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Huawei moving US research centre to Canada, founder Ren Zhengfei says
BEIJING — The founder of Huawei says the Chinese tech giant is moving its U.S. research centre to Canada due to American sanctions on the company.
Dec 3, 2019 10:59 AM
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Cleveland-Cliffs buying AK Steel in $1.1B stock deal
Cleveland-Cliffs will buy AK Steel in a stock deal valued at about $1.1 billion.
Dec 3, 2019 10:42 AM
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If you need to ship your holiday gifts, plan ahead or end up paying more
When Jordann Brown was a student, she once was so caught up with exam season that she forgot to get her Christmas gifts in the mail ahead of the holidays.
Dec 3, 2019 9:36 AM
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Suncor keeps 2020 oil budget flat, approves $300-million wind farm project
CALGARY — Oilsands giant Suncor Energy Inc. says it will keep capital spending related to its oil operations flat next year while moving forward with a new $300-million wind power project in southern Alberta.
Dec 3, 2019 9:28 AM
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CN cuts profit guidance due to strike, layoffs still planned despite backlog
MONTREAL — Canadian National Railway Co. cut its profit forecast Tuesday in the wake of an eight-day strike by 3,200 workers that brought the railway to a near halt.
Dec 3, 2019 9:26 AM
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Endeavour Mining makes $2.5B bid for Centamin after failing to reach deal
TORONTO — Endeavour Mining Corp. is offering to buy Centamin PLC in a stock-swap deal that values the gold miner at roughly $2.5 billion, based on stock values just prior to the announcement.
Dec 3, 2019 8:14 AM
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