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Stantec snaps up engineering firm Morrison Hershfield as expansion plans gather steam

Stantec snaps up engineering firm Morrison Hershfield as expansion plans gather steam

Stantec Inc. has snapped up engineering firm Morrison Hershfield, the latest in a string of acquisitions and broader growth that have boosted the company's presence in Canada and across the globe — as well as its stock.
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S&P/TSX moves down more than 100 points, led by financials; U.S. markets mixed

S&P/TSX moves down more than 100 points, led by financials; U.S. markets mixed

TORONTO — Weakness in financial stocks Tuesday weighed on Canada's main stock index, which lost more than 100 points, while U.S. markets were mixed. The S&P/TSX composite index closed down 103.93 points at 20,970.98.
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Browning West requests shareholders meeting to replace majority of Gildan board

Browning West requests shareholders meeting to replace majority of Gildan board

MONTREAL — U.S. investment firm Browning West has requested a special meeting of Gildan Activewear Inc. shareholders to replace a majority of the company's directors and reinstate Glenn Chamandy as chief executive.
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Tilray looks to pour resources into revitalizing alcohol brands

Tilray looks to pour resources into revitalizing alcohol brands

The head of Tilray Brands Inc. says he's aiming to make the pot company a top beverage firm, in part by pouring resources into revitalizing a number of alcohol brands his business recently bought from Anheuser-Busch Cos.
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Canada Post selling third-party logistics business SCI Group to Metro Supply Chain

Canada Post selling third-party logistics business SCI Group to Metro Supply Chain

OTTAWA — Canada Post Corp. has signed a deal to sell SCI Group Inc., its third-party logistics business, to Metro Supply Chain Inc. Financial terms of the agreement were not immediately available.
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More delays for NASA's astronaut moonshots, with crew landing off for another few years

More delays for NASA's astronaut moonshots, with crew landing off for another few years

CAPE CANAVERAL, Fla. (AP) — Astronauts will have to wait until next year before flying to the moon and another few years before landing on it, under the latest round of delays announced by NASA on Tuesday.
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Bank CEOs expect further loan loss provisions and pressure on lending in 2024

Bank CEOs expect further loan loss provisions and pressure on lending in 2024

TORONTO — Canadian bank CEOs say high interest rates are delaying business andconsumer spending decisions and will likely lead to more provisions for bad loans this year, but that borrowers overall should manage well.
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Fuel leak forces US company to abandon moon landing attempt

Fuel leak forces US company to abandon moon landing attempt

CAPE CANAVERAL, Fla. (AP) — A crippling fuel leak forced a U.S. company on Tuesday to give up on landing a spacecraft on the moon. Astrobotic Technology’s lander began losing fuel soon after Monday’s launch .
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Trans Mountain to present pipeline variance arguments at oral hearing Friday

Trans Mountain to present pipeline variance arguments at oral hearing Friday

CALGARY — The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance.
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Zelenskyy, Blinken, Israeli president and more will come to Davos to talk about global challenges

Zelenskyy, Blinken, Israeli president and more will come to Davos to talk about global challenges

LONDON (AP) — More than 60 heads of state and government and hundreds of business leaders are coming to Switzerland to discuss the biggest global challenges during the World Economic Forum's annual gathering next week, ranging from Israeli President
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