Skip to content

National Business

House votes to avert rail strike, impose deal on unions

House votes to avert rail strike, impose deal on unions

WASHINGTON (AP) — The U.S.
BRP reports Q3 profit and revenue up from year ago, raises guidance

BRP reports Q3 profit and revenue up from year ago, raises guidance

VALCOURT, Que. — BRP Inc. reported its third-quarter profit and revenue rose compared with a year ago and raised guidance for its full year.
Canopy breaks out Canadian operations in new unit, lays off 55

Canopy breaks out Canadian operations in new unit, lays off 55

SMITHS FALLS, Ont. — Canopy Growth Corp. says it will be breaking out its Canadian cannabis operations into a stand-alone business unit and laying off 55 staff. Brenna Eller, the Smiths Falls, Ont.
Western Forest Products to temporarily reduce lumber production levels in December

Western Forest Products to temporarily reduce lumber production levels in December

VANCOUVER — Western Forest Products Inc. says it will temporarily reduce its lumber production levels for the rest of the year. The Vancouver-based forest products company says the reduction will amount to about 200 million fewer board feet.

German gas importer Uniper seeks damages from Gazprom

BERLIN (AP) — German energy company Uniper said Wednesday it's suing Gazprom for damages over natural gas that hasn't been delivered since June, when the Russian supplier started reducing amounts to Germany.
Desjardins buying Guardian insurance, fund and investment distribution networks

Desjardins buying Guardian insurance, fund and investment distribution networks

MONTREAL — Desjardins Group has signed a deal to buy Guardian Capital Group Ltd.'s life insurance, mutual fund and investment distribution networks for $750 million.
Enbridge raising quarterly dividend, releases financial guidance for 2023

Enbridge raising quarterly dividend, releases financial guidance for 2023

CALGARY — Enbridge Inc. is raising its quarterly dividend to shareholders. The pipeline company says it will now pay a quarterly dividend of 88.75 cents per share, up from 86 cents per share. Based on Enbridge's closing share price of $55.
Feds name doctors, academics and lawyer to Cannabis Act review panel

Feds name doctors, academics and lawyer to Cannabis Act review panel

OTTAWA — The federal government has announced a panel of experts that will lead a statutory review of the country's Cannabis Act. Panel members include Dr.
Canadian Natural Resources plans $5.2 billion in capital spending in 2023

Canadian Natural Resources plans $5.2 billion in capital spending in 2023

CALGARY — Canadian Natural Resources Ltd. says it expects to spend $5.2 billion on its capital budget next year as it looks to grow production. The company says the plan includes about $4.2 billion in base capital spending and $1.
US revises up last quarter's economic growth to 2.9% rate

US revises up last quarter's economic growth to 2.9% rate

WASHINGTON (AP) — Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said Wednesday in a healthy upgrade from its initial estimate. Last quarter's rise in the U.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks