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Business
Montreal startup Element AI nabs US$102 million in investments for expansion
TORONTO – A Montreal startup is getting a total of US$102 million from Microsoft, Intel…
Short construction season: Omnitrax says rail to Churchill out until spring
CHURCHILL, Man. – The company that owns the broken Hudson Bay Railway line to Churchill…
U.S. dairy lobby submits its demands for NAFTA
WASHINGTON – The U.S. dairy industry has submitted its demands for the upcoming renegotiation of…
Amount Canadians owe compared with income ticks lower but still near record high
OTTAWA – The amount Canadians owe compared with their income ticked lower in the first…
Correction to story about SNC-Lavalin fraud case published June 9
MONTREAL – In a story published June 9 about fraud cases against former SNC-Lavalin executives,…
Halifax buoyed by ‘spectacular’ boom in international newcomers: agency
Halifax’s economic development agency is touting the city’s off-the-charts population growth in 2016, thanks mostly…
TransCanada outlines $2-billion plan for additional gas transmission capacity
CALGARY – TransCanada Corp. (TSX:TRP) says it plans to invest $2 billion to expand its…
China approves 9 Trump trademarks previously rejected
SHANGHAI – The Chinese government has granted preliminary approval for nine Donald Trump trademarks it…
Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock…
Brace for a possible tax on speculative home purchases: CREA chief economist
TORONTO – The chief economist of the Canadian Real Estate Association says homeowners in the…
Death toll rises to 12 in London apartment building inferno
LONDON – They banged on windows, screamed for help, dropped children from smoky floors in…
Merchants may soon ask customers to pay surcharge when using credit cards
TORONTO – Canadian merchants may soon start charging customers extra to pay with certain credit…
Liberals’ Senate representative tries to keep infrastructure bank in budget bill
OTTAWA – The Trudeau government’s representative in the Senate is attempting to derail a motion…
‘Some baloney’ in PM’s claim Hytera went through national security review
OTTAWA – “Every single transaction of this sort is subject to a national security review.…
Rise of the machines: Canadian retailers on ‘cusp’ of using more robotics
TORONTO – Back in 2009, Sobeys found itself at a crossroads. Labour costs were rising,…
Power outage hits Brussels airport, causing delays
BRUSSELS – A power outage has hit Brussels airport that is causing chaos during the…
Pierre Karl Peladeau faces lawsuit over legal fees involving his divorce
MONTREAL – A Montreal-based law firm has launched legal action against Quebecor CEO Pierre Karl…
Home Capital to pay $30.5M to settle OSC and class-action matters
TORONTO – Home Capital Group (TSX:HCG) said it reached an agreement Wednesday to pay $30.5…
Notley tries to reassure oil industry leaders on Trans Mountain expansion
CALGARY – Alberta Premier Rachel Notley tried to reassure bigwigs in the energy industry Wednesday…
Trudeau to commit $1.28 billion toward major Montreal transit project
OTTAWA – Prime Minister Justin Trudeau will announce a $1.28-billion commitment Thursday toward a major…
US homebuilder sentiment edges lower in June
U.S. homebuilders are feeling slightly less optimistic, a shift that follows a big drop in…
Home sales across Canada register biggest monthly decline in nearly 5 years
OTTAWA – Home sales across the country dropped sharply last month, driven by a plunge…
The Latest: Critics see class divisions in London tower fire
LONDON – The Latest on the London high-rise fire (all times local): 7:15 p.m. Anger…
Evraz workers in Calgary vote to strike during contract negotiations
CALGARY – Workers at Evraz North America’s Calgary operation have voted unanimously in favour of…