OTTAWA - Transport Canada has announced that it will allow the return of Boeing Max aircraft to service in Canadian airspace on Jan. 20, concluding the government's review process.
July 2008: TC Energy Corp. — then called TransCanada Corp. — and ConocoPhillips, joint owners of the Keystone Pipeline, propose a major extension to the network. The expansion, dubbed Keystone XL, would carry hundreds of thousands of barrels of oilsands bitumen from Alberta to Texas.
TORONTO - A broad-based rally helped Canada's main stock index climb higher in early trading to start the week as the loonie moved lower.
CALGARY - TC Energy Corp. has announced a plan for its Keystone XL project to achieve net zero emissions when it is placed into service, even as the future of the pipeline expansion appeared in doubt.
MONTREAL - A growing number of Canadian entrepreneurs say they plan to invest more in 2021 than they did last year as the vaccine rollout, improving cash flow and a quick rebound in some sectors buoys optimism for the year ahead.
SEOUL, Korea, Republic Of - North Korea’s rubber-stamp parliament has passed decisions made by a major ruling party meeting where leader Kim Jong Un vowed to bolster his nuclear deterrent and established plans to salvage the country's battered economy.
Markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year.
INGERSOLL, Ont. - Unifor is expected to release the results today of a ratification vote stemming from General Motors Canada's plan to invest $1 billion in an electric vehicle plant in southern Ontario.
OTTAWA - The premiers of Alberta and Saskatchewan are condemning Joe Biden's plan to scrap the Keystone XL pipeline expansion on his first day as U.S. president.
SEOUL, Korea, Republic Of - Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a half-year sentence for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea’s then-president.
MILAN - No traffic jams, no rush to the next venue, no front rows — not even socially distanced. Milan Fashion Week is unfolding entirely on computer screens and social media platforms this round for the first time ever, as the persistent virus resurgence dashed any hopes of even a handful o…
CALGARY - Vacancies in Calgary's downtown office towers have risen to record levels and there's no landlord relief in sight with almost one in three offices sitting empty and sublets accounting for a quarter of available spaces on the market.
TORONTO - A tentative deal that could see General Motors Canada pour a billion dollars into Ontario's beleaguered automotive sector could bring the province one step closer to modernizing its economy and keeping local production afloat, according to a prominent Canadian manufacturing association.
Major social platforms have been cracking down on the spread of misinformation and conspiracy theories in the leadup to the presidential election, and expanded their efforts in the wake of the Jan. 6 Capitol riot. But Apple and Google, among others, have left open a major loophole for this m…
LAVAL, Que. - Alimentation Couche–Tard Inc. and the French grocer it was courting say they have abandoned takeover talks but will consider future operational partnerships.
INGERSOLL, Ont. - GM Canada says it has reached a tentative deal with Unifor that if ratified will see it invest $1 billion to transform its CAMI plant in Ingersoll, Ont., to make commercial electric vehicles.
The founder of Alimentation Couche-Tard walked away empty-handed Friday after trying to convince France's finance minister to drop his objection to it acquiring grocery giant Carrefour.
Cogeco Inc. reported its first-quarter profit rose compared with a year ago as its revenue also climbed, as customers spent more time online during the COVID-19 pandemic.
TORONTO - Canada's main stock market fell Friday to end the week lower on a drop in oil prices and concerns about a temporary reduction in vaccine shipments from Pfizer.
NEW YORK - The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores.
CALGARY - Trevali Mining Corp. says it plans to reopen its Caribou Mine near Bathurst, N.B., after idling it 10 months ago amid poor zinc prices, but will operate it with a workforce of about 250, down from about 400 employees and contractors before it was closed.
SILVER SPRING, Md. - Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year defined by the coronavirus outbreak.
NEW YORK - Marc Lore, Walmart's e-commerce chief, is leaving the world's largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon.
CHARLOTTE, N.C. - Banking conglomerate Citigroup said its fourth quarter profits fell by 7%, but like its competitor JPMorgan Chase, the bank saw improvement from the darkest days of the pandemic shutdowns.
MONTREAL - Quebec's workplace safety board has issued fines to nine Dollarama locations in the province for failing to respect sanitary guidelines.
Home sales in December hit an all-time record for the month to end what was also a record year, the Canadian Real Estate Association said Friday.
MILAN - Italy’s fashion chamber is opening on Friday the first Milan Fashion Week that won't have VIPS populating runway front rows, as the reality of Italy's persistent resurgence of the coronavirus has forced an all-virtual format for presenting menswear previews.
TORONTO - The loonie climbed to its highest level in nearly three years Thursday on anticipation that a global economic recovery will drive global demand for Canadian commodities.
TORONTO - Ontario homeowners who haven't started work on their renovation projects as of Jan. 12 will have to put their plans on hold under the province's new construction rules.
WASHINGTON - The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs.
TORONTO - Canadians who weren’t happy with some of their holiday gifts or who changed their mind after making purchases might face trouble when trying to get their money back.
Aphria Inc. chief executive Irwin Simon is seeing green as Democrat Joe Biden prepares to be sworn in as president of the United States next week.
BEIJING - China’s exports rose in 2020 despite pressure from the coronavirus and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever reported.
VANCOUVER - Aritzia Inc. remains optimistic about the future despite enduring forced store closures over the busy holiday season that are increasing.
TORONTO - Ontario's new COVID-19 emergency measures don't prevent construction from continuing on many developments, including condos.
CALGARY - A forecast calling for a modest increase in capital spending in the Canadian oilpatch this year after a tumultuous 2020 of budget slashing is being hailed as a sign of better times ahead for the industry.
OTTAWA - Nav Canada saw profits and air traffic plummet in its first quarter as fallout from the COVID-19 pandemic continues to batter the air traffic control company.
TORONTO - Canada's main stock index dipped on energy weakness and a negative reaction to a potential Alimentation Couche-Tard acquisition.
New York City will terminate business contracts with President Donald Trump after last week's insurrection at the U.S. Capitol, Mayor Bill de Blasio announced Wednesday.