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Approvals in hand for Cenovus buyout of Husky, now expected to close Jan. 1

Approvals in hand for Cenovus buyout of Husky, now expected to close Jan. 1

CALGARY — Cenovus Energy Inc. says it has all key regulatory approvals in place to go ahead with its friendly takeover of oilsands rival Husky Energy Inc. The all-shares deal was approved by shareholders of both companies last week.
Obsidian extends deadline for hostile Bonterra takeover, lowers tender condition

Obsidian extends deadline for hostile Bonterra takeover, lowers tender condition

CALGARY — Obsidian Energy Ltd. extended its hostile takeover bid for rival Bonterra Energy Corp. on Monday and lowered its minimum tender condition.

Garneau directs CTA to develop new rules for flight cancellation refunds

OTTAWA — Federal Transport Minister Marc Garneau is directing the Canadian Transportation Agency to strengthen rules that require airlines to refund passengers for cancelled flights.
B.C. housing market to remain vibrant through the new year: report

B.C. housing market to remain vibrant through the new year: report

VANCOUVER — A company that supports hundreds of credit unions across Canada predicts British Columbia's housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump.
Canopy Growth signs deal valued at $297M to give up stake in Canopy Rivers

Canopy Growth signs deal valued at $297M to give up stake in Canopy Rivers

SMITHS FALLS, Ont. — Canopy Growth Corp. has signed a deal valued at $297 million that will see it give up its ownership in Canopy Rivers Inc., which it established as a venture capital firm to invest in the cannabis sector.
Apollo raises offer for Great Canadian Gaming, winning over key shareholders

Apollo raises offer for Great Canadian Gaming, winning over key shareholders

New York-based hedge fund Apollo Global Management has won over key investors in its bid to take Great Canadian Gaming Corp. private, after raising its offer to $45 per share. The new price represents a 15.
‘Wonder Woman 1984’ grabs $38.5 million overseas

‘Wonder Woman 1984’ grabs $38.5 million overseas

The superhero sequel “Wonder Woman 1984” has earned an estimated $38.5 million in ticket sales from international theatres , Warner Bros. said Sunday.
Bombardier Transportation signs $721M deal with TransLink for 205 new SkyTrain cars

Bombardier Transportation signs $721M deal with TransLink for 205 new SkyTrain cars

VANCOUVER — Bombardier Transportation says it has signed a deal with TransLink to build 205 new rail cars for Vancouver's SkyTrain network. The contract is valued at $721 million and includes options for up to an additional 400 rail cars.
McDonald's sells 'Spam burger' with cookie crumbs in China

McDonald's sells 'Spam burger' with cookie crumbs in China

BEIJING — McDonald’s is selling a sandwich made of Spam topped with crushed Oreo cookies Monday in China in an attention-grabbing move that has raised eyebrows.
EU-UK trade talks floundering over fish as cutoff day nears

EU-UK trade talks floundering over fish as cutoff day nears

BRUSSELS — With yet another Brexit deadline disappearing in the rearview mirror, a breakthrough on fishing rights remained elusive for the European Union and Britain on Sunday — leaving both without a trade agreement that would dull the cutting edge