Business

The Enbridge logo is shown at the company's annual meeting in Calgary on May 9, 2018. THE CANADIAN PRESS/Jeff McIntosh

Enbridge CEO warns of ‘bad things’ for shippers, consumers if Line 5 shut down

Enbridge CEO warns of ‘bad things’ for shippers, consumers if Line 5 shut down

The Enbridge logo is shown at the company's annual meeting in Calgary on May 9, 2018. THE CANADIAN PRESS/Jeff McIntosh
Cenovus logo seen at the company's headquarters in Calgary, Alta., November 15, 2017. THE CANADIAN PRESS/Jeff McIntosh

Cenovus Energy reports $220M first-quarter profit compared with a loss a year ago

Cenovus Energy reports $220M first-quarter profit compared with a loss a year ago

Cenovus logo seen at the company's headquarters in Calgary, Alta., November 15, 2017. THE CANADIAN PRESS/Jeff McIntosh
The retail sector has been hit hardest by job-shedding in the COVID-19 pandemic, with stricter restrictions on the operation of non-essential stores implemented in April in Ontario, Alberta and several regions of Quebec, according to the national statistics gathering agency. Included in those losses is Joyce Garant, a beauty adviser for Clinique makeup and skin care at Hudson's Bay department store in Windsor, Ont., seen in an undated handout self-portrait. THE CANADIAN PRESS/HO-Joyce Garant, *MANDATORY CREDIT*

‘Will I ever have the money to pay bills?’ Retail worker faces third layoff in April

‘Will I ever have the money to pay bills?’ Retail worker faces third layoff in April

The retail sector has been hit hardest by job-shedding in the COVID-19 pandemic, with stricter restrictions on the operation of non-essential stores implemented in April in Ontario, Alberta and several regions of Quebec, according to the national statistics gathering agency. Included in those losses is Joyce Garant, a beauty adviser for Clinique makeup and skin care at Hudson's Bay department store in Windsor, Ont., seen in an undated handout self-portrait. THE CANADIAN PRESS/HO-Joyce Garant, *MANDATORY CREDIT*
A Telus sign is seen on a storefront in Halifax on Thursday, Feb. 11, 2021. THE CANADIAN PRESS/Andrew Vaughan

Telus CEO says it’s on track to lower capital spending sharply in 2023

Telus CEO says it’s on track to lower capital spending sharply in 2023

A Telus sign is seen on a storefront in Halifax on Thursday, Feb. 11, 2021. THE CANADIAN PRESS/Andrew Vaughan
The Keystone Steele City pumping station, into which the planned Keystone XL pipeline was to connect into, in Steele City, Neb., Nov. 3, 2015. TC Energy Corp. is reporting a first-quarter net loss of $1.1 billion after taking a $2.2-billion after-tax asset impairment charge on its cancelled Keystone XL export oil pipeline. THE CANADIAN PRESS/AP-Nati Harnik

TC Energy reports $1.1-billion net loss after $2.2-billion writedown on Keystone XL

TC Energy reports $1.1-billion net loss after $2.2-billion writedown on Keystone XL

The Keystone Steele City pumping station, into which the planned Keystone XL pipeline was to connect into, in Steele City, Neb., Nov. 3, 2015. TC Energy Corp. is reporting a first-quarter net loss of $1.1 billion after taking a $2.2-billion after-tax asset impairment charge on its cancelled Keystone XL export oil pipeline. THE CANADIAN PRESS/AP-Nati Harnik
Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. THE CANADIAN PRESS/Sean Kilpatrick

A year after jobs data leak, StatCan resumes sharing advance numbers with officials

OTTAWA — Statistics Canada has resumed its practice of giving key federal…

Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. THE CANADIAN PRESS/Sean Kilpatrick
The Enbridge logo is shown at the company’s annual meeting in Calgary on May 9, 2018. THE CANADIAN PRESS/Jeff McIntosh
The Enbridge logo is shown at the company’s annual meeting in Calgary on May 9, 2018. THE CANADIAN PRESS/Jeff McIntosh
Shoppers collect items from a curb side pick up area at Toronto’s Eaton Centre shopping mall on Saturday December 19, 2020. THE CANADIAN PRESS/Chris Young
Shoppers collect items from a curb side pick up area at Toronto’s Eaton Centre shopping mall on Saturday December 19, 2020. THE CANADIAN PRESS/Chris Young
Prime Minister Justin Trudeau listens to speakers appearing by video during a news conference in Ottawa on Tuesday May 4, 2021. THE CANADIAN PRESS/Adrian Wyld

Canada agrees to take part in WTO talks to waive patent protections on vaccines

Canada agrees to take part in WTO talks to waive patent protections on vaccines

Prime Minister Justin Trudeau listens to speakers appearing by video during a news conference in Ottawa on Tuesday May 4, 2021. THE CANADIAN PRESS/Adrian Wyld

Home renovation savings prove elusive as wood prices at record highs

Home renovation savings prove elusive as wood prices at record highs

Canadian Natural Resources Ltd. logo is shown at the company's annual meeting in Calgary on May 3, 2012. THE CANADIAN PRESS/Jeff McIntosh

Canadian Natural reports $1.38B Q1 profit, plans to use cash flow to reduce debt

Canadian Natural reports $1.38B Q1 profit, plans to use cash flow to reduce debt

Canadian Natural Resources Ltd. logo is shown at the company's annual meeting in Calgary on May 3, 2012. THE CANADIAN PRESS/Jeff McIntosh
Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009. West Fraser Timber Co. Ltd. is reporting higher first-quarter sales and earnings after completing its $4-billion all-stock takeover of Norbord Inc. on Feb. 1. THE CANADIAN PRESS/Jonathan Hayward

West Fraser reports US$665M in earnings, $2.3 billion in sales as it acquires Norbord

West Fraser reports US$665M in earnings, $2.3 billion in sales as it acquires Norbord

Logs are piled up at West Fraser Timber in Quesnel, B.C., Tuesday, April 21, 2009. West Fraser Timber Co. Ltd. is reporting higher first-quarter sales and earnings after completing its $4-billion all-stock takeover of Norbord Inc. on Feb. 1. THE CANADIAN PRESS/Jonathan Hayward
An oil worker holds raw sand bitumen near Fort McMurray, Alta., on July 9, 2008. THE CANADIAN PRESS/Jeff McIntosh

Alberta eases security payment burden for oilsands companies

Alberta eases security payment burden for oilsands companies

An oil worker holds raw sand bitumen near Fort McMurray, Alta., on July 9, 2008. THE CANADIAN PRESS/Jeff McIntosh
A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette

S&P/TSX composite falls despite commodities, loonie hits highest level since 2017

S&P/TSX composite falls despite commodities, loonie hits highest level since 2017

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette
A General Motors sign in Oshawa, Ont., is photographed on Wednesday, June 20, 2018. General Motors Canada says it will start truck production at its assembly plant in Oshawa, Ont., ahead of schedule. THE CANADIAN PRESS/ Tijana Martin

Oshawa assembly plant restart ahead of schedule, GM Canada says

Closure of plant in 2019 was huge blow to Canada’s manufacturing sector

A General Motors sign in Oshawa, Ont., is photographed on Wednesday, June 20, 2018. General Motors Canada says it will start truck production at its assembly plant in Oshawa, Ont., ahead of schedule. THE CANADIAN PRESS/ Tijana Martin
FILE - In this Jan. 24, 2019, file photo, a woman walks by the Australian Embassy in Beijing. China on Thursday, May 6, 2021 suspended an economic dialogue with Australia, stepping up a pressure campaign that began over Australian support for a probe into the origins of the coronavirus. (AP Photo/Andy Wong)

China suspends economic dialogue with Australia

China’s relations with Australia, India and some other neighbours are increasingly strained

  • May 6, 2021
FILE - In this Jan. 24, 2019, file photo, a woman walks by the Australian Embassy in Beijing. China on Thursday, May 6, 2021 suspended an economic dialogue with Australia, stepping up a pressure campaign that began over Australian support for a probe into the origins of the coronavirus. (AP Photo/Andy Wong)
In this Sunday, Dec. 6, 2020 file photo, the logo of Apple is illuminated at a store in the city center of Munich, Germany. THE CANADIAN PRESS/AP-Matthias Schrader

Dependent on social media’s marketing power, small businesses worry over iOS changes

Dependent on social media’s marketing power, small businesses worry over iOS changes

In this Sunday, Dec. 6, 2020 file photo, the logo of Apple is illuminated at a store in the city center of Munich, Germany. THE CANADIAN PRESS/AP-Matthias Schrader
Enbridge company logos on display at the company's annual meeting in Calgary on May 12, 2016. THE CANADIAN PRESS/Jeff McIntosh

Line 3 and Line 5 pipelines in U.S. ‘absolutely critical,’ says Enbridge CEO

Line 3 and Line 5 pipelines in U.S. ‘absolutely critical,’ says Enbridge CEO

Enbridge company logos on display at the company's annual meeting in Calgary on May 12, 2016. THE CANADIAN PRESS/Jeff McIntosh
A sign board displays the TSX's close in Toronto's financial district on Monday, Dec. 31, 2018. THE CANADIAN PRESS/Frank Gunn

TSX outpaces U.S. stock markets on lift from commodities while tech under pressure

TSX outpaces U.S. stock markets on lift from commodities while tech under pressure

A sign board displays the TSX's close in Toronto's financial district on Monday, Dec. 31, 2018. THE CANADIAN PRESS/Frank Gunn
The Barrick Gold logo is seen during the company's annual general meeting in Toronto on Tuesday, April 28, 2015. THE CANADIAN PRESS/Nathan Denette

Barrick Gold expects growing exposure to copper as price escalation boosts Q1 profits

Barrick Gold expects growing exposure to copper as price escalation boosts Q1 profits

The Barrick Gold logo is seen during the company's annual general meeting in Toronto on Tuesday, April 28, 2015. THE CANADIAN PRESS/Nathan Denette