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National Business
National Business
BMO shuffles executive ranks, brings in new CFO with U.S. market experience
TORONTO — BMO Financial Group says it is shuffling its executives and bringing in a new chief financial officer. The bank says Tayfun Tuzun will join BMO on Nov. 16 and become CFO at the start of next year.
Nov 9, 2020 4:57 PM
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Biden win bad news for Keystone XL, marks new relationship with Canada, experts say
CALGARY — The election of Joe Biden as U.S. president likely spells the end of the Keystone XL oil pipeline, but his environmental agenda could help Canadian energy companies better compete with their American rivals, observers said Monday.
Nov 9, 2020 4:08 PM
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Erdogan accepts Turkish finance minister's resignation
ANKARA, Turkey — President Recep Tayyip Erdogan has accepted the resignation of his son-in-law from the position of finance minister, the Turkish leader's office announced Monday.
Nov 9, 2020 3:26 PM
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Unifor members approve new three-year contract with General Motors
TORONTO — Unifor says its members at General Motors of Canada have voted 85 per cent in favour of a new three-year contract that will mean the return of production to the automaker's Oshawa, Ont., assembly plant. The deal covers 1,700 workers in St.
Nov 9, 2020 3:20 PM
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Updated menu, celeb collaborations, pump McDonald's sales
McDonald’s U.S. sales roared back in the third quarter with new menu items and attention-grabbing celebrity collaborations. And the burger giant says more is coming.
Nov 9, 2020 2:07 PM
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GM recalls 217K vehicles to fix leak that can stop travel
DETROIT — General Motors is recalling more than 217,000 cars and SUVs in the U.S. and Canada because transmission oil can leak, causing them to stop moving or possibly catch fire.
Nov 9, 2020 11:33 AM
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Canopy Growth reports Q2 loss, but is optimistic about future amid Joe Biden win
Canopy Growth Corp. is cheering Joe Biden's victory in the U.S. presidential race and a series of ballot measures Americans voted in favour of last week that support the legalization of cannabis. David Klein, the Smiths Falls, Ont.
Nov 9, 2020 11:24 AM
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TikTok's first Canadian GM shares how the app plans to find its groove in the market
TORONTO — When President Donald Trump was ramping up his efforts to ban social media platform TikTok in the U.S. over security concerns earlier this year, the company behind the Chinese-bred app was quietly making inroads in another market: Canada.
Nov 9, 2020 11:21 AM
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Porter Airlines pushes back restart date for flights to Feb. 11, 2021
TORONTO — Porter Airlines says it is extending the suspension of its flights to Feb. 11, 2021, due to increasing COVID-19 cases and ongoing travel restrictions affecting customer demand. The regional airline had hoped to restart service on Dec. 15.
Nov 9, 2020 9:44 AM
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Headwater Exploration signs $100M deal to buy Cenovus's Marten Hills assets
CALGARY — Headwater Exploration Inc. has signed a deal with Cenovus Energy Inc. to buy Cenovus's assets in the Marten Hills area of northern Alberta for approximately $100 million in cash and stock.
Nov 9, 2020 8:59 AM
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