Skip to content

National Business

Intact Financial partners to make offer for Britain's RSA Insurance Group

Intact Financial partners to make offer for Britain's RSA Insurance Group

TORONTO — Canadian insurance company Intact Financial Corp. is part of a consortium including Denmark's Tryg A/S that is in talks to acquire British insurance company RSA Insurance Group PLC for 7.2 billion pounds or about $12.4 billion.
Read more >
Asia Today: Court upholds state border closings in Australia

Asia Today: Court upholds state border closings in Australia

CANBERRA, Australia — Australia’s highest court on Friday upheld a state’s border closure and dismissed billionaire businessman Clive Palmer’s argument that the pandemic measure was unconstitutional.
Read more >
Facebook bans big 'Stop the Steal' group for sowing violence

Facebook bans big 'Stop the Steal' group for sowing violence

OAKLAND, Calif. — Facebook on Thursday banned a large group called “Stop the Steal” that supporters of President Donald Trump were using to organize protests against the presidential vote count.
Read more >
Pembina Pipeline third-quarter net profit decreases 14 per cent to $318 million

Pembina Pipeline third-quarter net profit decreases 14 per cent to $318 million

CALGARY — Pembina Pipeline Corp. says its net income decreased 14 per cent to $318 million in the third quarter. The Calgary-based company says it earned 51 cents per diluted share for the three months ended Sept.
Read more >
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 (16,298.17, up 299.43 points.) Enbridge Inc. (TSX:ENB). Energy. Up 57 cents, or 1.56 per cent, to $37.12 on 19.4 million shares.
Read more >
Home renovation demand credited for 26 per cent increase in revenue for CanWel

Home renovation demand credited for 26 per cent increase in revenue for CanWel

VANCOUVER — CanWel Building Materials Group Ltd. is reporting higher third-quarter revenue and earnings on strong demand and prices for its construction material products thanks to surging home improvement activities.
Read more >
Bombardier faces U.K. fraud investigation over plane contracts for Garuda

Bombardier faces U.K. fraud investigation over plane contracts for Garuda

Bombardier Inc. says it has launched an internal review after Britain's Serious Fraud Office confirmed it is investigating the aircraft maker over suspected bribery and corruption related to plane orders for Garuda International.
Read more >
GM pickup truck production to return to Oshawa plant with new Unifor deal

GM pickup truck production to return to Oshawa plant with new Unifor deal

TORONTO — General Motors Corp. plans to reopen its Oshawa, Ont., assembly plant, invest up to $1.
Read more >
Canadian Press NewsAlert: Ontario government presents $187B pandemic-era budget

Canadian Press NewsAlert: Ontario government presents $187B pandemic-era budget

TORONTO — Ontario will spend a record $187 billion this year as it lays out a plan to recover from the COVID-19 pandemic, with money earmarked for the health-care sector, to support for seniors living at home and to subsidize electricity rates for bu
Read more >
Resolute Forest Products chief executive Yves Laflamme to retire next year

Resolute Forest Products chief executive Yves Laflamme to retire next year

Resolute Forest Products chief executive Yves Laflamme will retire next year and be replaced by chief financial officer Remi Lalonde, the company announced Thursday.
Read more >