Business

Rogers and Shaw applications are pictured on a cellphone in Ottawa on Monday, May 9, 2022. The Commissioner of Competition says plans by Rogers Communications Inc. and Shaw Communications Inc. to sell Shaw's wireless business do not outweigh the harm that the companies' proposed merger would cause. THE CANADIAN PRESS/Sean Kilpatrick

Freedom Mobile sale not enough to allow Rogers-Shaw deal: Competition Bureau filing

Freedom Mobile sale not enough to allow Rogers-Shaw deal: Competition Bureau filing

Rogers and Shaw applications are pictured on a cellphone in Ottawa on Monday, May 9, 2022. The Commissioner of Competition says plans by Rogers Communications Inc. and Shaw Communications Inc. to sell Shaw's wireless business do not outweigh the harm that the companies' proposed merger would cause. THE CANADIAN PRESS/Sean Kilpatrick
A Scotiabank branch is shown in Ottawa on Tuesday, January 19, 2021. THE CANADIAN PRESS/Craig Wong

Scotiabank no longer a member of oil and gas lobby group CAPP

Scotiabank no longer a member of oil and gas lobby group CAPP

A Scotiabank branch is shown in Ottawa on Tuesday, January 19, 2021. THE CANADIAN PRESS/Craig Wong
Canadian Heritage Minister Pablo Rodriguez speaks during question period in the House of Commons on Parliament Hill in Ottawa on Tuesday, May 10, 2022. THE CANADIAN PRESS/Sean Kilpatrick

Advisory panel calls for Liberals’ online hate law to cover Airbnb, video games

Some suggest bringing private online conversations ‘under the scope of the legislative framework’

Canadian Heritage Minister Pablo Rodriguez speaks during question period in the House of Commons on Parliament Hill in Ottawa on Tuesday, May 10, 2022. THE CANADIAN PRESS/Sean Kilpatrick
FILE - Elon Musk attends The Metropolitan Museum of Art’s Costume Institute benefit gala celebrating the opening of the “In America: An Anthology of Fashion” exhibition on Monday, May 2, 2022, in New York. Elon Musk, who’s offering to buy Twitter, has given his support to a new European Union law aimed at protecting social media users from harmful content after he met with the bloc’s single market chief. In a video tweeted late Monday, May 9 by EU Internal Market Commissioner Thierry Breton, Musk said the two had a “great discussion” and he agrees with the bloc’s online regulations. (Photo by Evan Agostini/Invision/AP, file)

Running Twitter may be much harder than Elon Musk thinks

On Tuesday, Elon Musk said he would reverse Twitter’s ban of former…

FILE - Elon Musk attends The Metropolitan Museum of Art’s Costume Institute benefit gala celebrating the opening of the “In America: An Anthology of Fashion” exhibition on Monday, May 2, 2022, in New York. Elon Musk, who’s offering to buy Twitter, has given his support to a new European Union law aimed at protecting social media users from harmful content after he met with the bloc’s single market chief. In a video tweeted late Monday, May 9 by EU Internal Market Commissioner Thierry Breton, Musk said the two had a “great discussion” and he agrees with the bloc’s online regulations. (Photo by Evan Agostini/Invision/AP, file)

Court hearing: Did Biden legally suspend oil lease sales?

Court hearing: Did Biden legally suspend oil lease sales?

BDC survey indicates growing digital divide among Canadian businesses

BDC survey indicates growing digital divide among Canadian businesses

FILE - In this April 8, 2015, file photo, water runs off from a sprinkler in Mount Olympus, a neighborhood in the Hollywood Hills area of Los Angeles. The city of Los Angeles is moving to require its nearly 4 million residents to reduce outdoor watering from three days a week to two as California's drought lengthens, Mayor Eric Garcetti announced Tuesday, May 10, 2022. (AP Photo/Damian Dovarganes, File)

In drought-ravaged California, water use is up dramatically

In drought-ravaged California, water use is up dramatically

FILE - In this April 8, 2015, file photo, water runs off from a sprinkler in Mount Olympus, a neighborhood in the Hollywood Hills area of Los Angeles. The city of Los Angeles is moving to require its nearly 4 million residents to reduce outdoor watering from three days a week to two as California's drought lengthens, Mayor Eric Garcetti announced Tuesday, May 10, 2022. (AP Photo/Damian Dovarganes, File)
Suncor president and CEO Mark Little prepares to address the company's annual meeting in Calgary on May 2, 2019. Suncor Energy Inc. is not interested in selling off its Petro-Canada retail network, the oil giant's chief executive said Tuesday, in spite of pressure from an aggressive activist investor. THE CANADIAN PRESS/Jeff McIntosh

Strong earnings by Suncor may not be enough to fend off shareholder pressure: experts

Strong earnings by Suncor may not be enough to fend off shareholder pressure: experts

Suncor president and CEO Mark Little prepares to address the company's annual meeting in Calgary on May 2, 2019. Suncor Energy Inc. is not interested in selling off its Petro-Canada retail network, the oil giant's chief executive said Tuesday, in spite of pressure from an aggressive activist investor. THE CANADIAN PRESS/Jeff McIntosh

S&P/TSX composite closes down more than 100 points, U.S. stock markets mixed

S&P/TSX composite closes down more than 100 points, U.S. stock markets mixed

A Sobeys grocery store is seen in Halifax on Thursday, Sept. 11, 2014. THE CANADIAN PRESS/Andrew Vaughan

Strike at Sobeys distribution centre in Quebec ends after workers ratify new deal

Strike at Sobeys distribution centre in Quebec ends after workers ratify new deal

A Sobeys grocery store is seen in Halifax on Thursday, Sept. 11, 2014. THE CANADIAN PRESS/Andrew Vaughan
A construction sign on a fence surrounding an excavation indicates the danger is Covid-19 as a construction worker walks past. THE CANADIAN PRESS/Adrian Wyld

Businesses call on WorkSafeBC to rebate $2.9 billion in surplus funds

B.C. is one of three provinces that does not have a rebate policy

A construction sign on a fence surrounding an excavation indicates the danger is Covid-19 as a construction worker walks past. THE CANADIAN PRESS/Adrian Wyld
Pumpjacks pump crude oil near Halkirk, Alta., June 20, 2007. The Canadian Association of Energy Contractors is raising its forecast for oil and natural gas drilling following what it said was a robust first quarter due to stronger than expected oil and gas prices. THE CANADIAN PRESS/Larry MacDougal

Canadian Association of Energy Contractors raises drilling forecast for the year

The association says it now expects 6,902 wells to be drilled this year

Pumpjacks pump crude oil near Halkirk, Alta., June 20, 2007. The Canadian Association of Energy Contractors is raising its forecast for oil and natural gas drilling following what it said was a robust first quarter due to stronger than expected oil and gas prices. THE CANADIAN PRESS/Larry MacDougal
A Suncor logo is shown at the company’s annual meeting in Calgary, Alta., Thursday, May 2, 2019. Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period of 2021, as the war in Ukraine and energy supply fears drove oil prices higher. THE CANADIAN PRESS/Jeff McIntosh

Suncor Energy reports earnings of $2.95B as oil prices surge

Revenues were $13.5 billion, up from $8.6 billion in the prior quarter

A Suncor logo is shown at the company’s annual meeting in Calgary, Alta., Thursday, May 2, 2019. Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period of 2021, as the war in Ukraine and energy supply fears drove oil prices higher. THE CANADIAN PRESS/Jeff McIntosh
FILE - Hoan Ton-That, CEO of Clearview AI, demonstrates the company's facial recognition software using a photo of himself in New York on Tuesday, Feb. 22, 2022. In a Monday, May 9, 2022 legal filing, the company has agreed to restrict the use of its massive collection of face images to settle allegations that it collected people's photos without their consent. (AP Photo/Seth Wenig, File)

Face-scanner Clearview agrees to limits in court settlement

Face-scanner Clearview agrees to limits in court settlement

FILE - Hoan Ton-That, CEO of Clearview AI, demonstrates the company's facial recognition software using a photo of himself in New York on Tuesday, Feb. 22, 2022. In a Monday, May 9, 2022 legal filing, the company has agreed to restrict the use of its massive collection of face images to settle allegations that it collected people's photos without their consent. (AP Photo/Seth Wenig, File)
Shaw logos on display at the company's annual meeting in Calgary, Jan. 17, 2019. Shares in Shaw Communications fell in early trading after the company and Rogers Communications Inc. said the Commission of Commission plans to block their merger. THE CANADIAN PRESS/Jeff McIntosh

Competition Bureau seeks to block Rogers-Shaw deal, citing affordability and choice

Competition Bureau seeks to block Rogers-Shaw deal, citing affordability and choice

Shaw logos on display at the company's annual meeting in Calgary, Jan. 17, 2019. Shares in Shaw Communications fell in early trading after the company and Rogers Communications Inc. said the Commission of Commission plans to block their merger. THE CANADIAN PRESS/Jeff McIntosh
Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. THE CANADIAN PRESS/Nathan Denette

S&P/TSX composite closes down more than 3% as commodities drop, U.S. markets down

S&P/TSX composite closes down more than 3% as commodities drop, U.S. markets down

Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. THE CANADIAN PRESS/Nathan Denette
RioCan signage is shown at a strip mall in Mississauga, Ont., on Oct. 24, 2020. RioCan Real Estate Investment Trust will release its first-quarter financial results after the market close on Monday and hold a conference call with analysts on Tuesday. THE CANADIAN PRESS/Richard Buchan

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world…

RioCan signage is shown at a strip mall in Mississauga, Ont., on Oct. 24, 2020. RioCan Real Estate Investment Trust will release its first-quarter financial results after the market close on Monday and hold a conference call with analysts on Tuesday. THE CANADIAN PRESS/Richard Buchan
A woman holds two cellphones in this photo illustration in Chelsea, Que., Monday March 29, 2021. The proposed $26-billion merger between two of Canada’s telecom titans has hit a new regulatory hurdle after the Commissioner of Competition has indicated it intends to block the deal. THE CANADIAN PRESS/Adrian Wyld

Rogers, Shaw vow to fight competition commissioner’s effort to block merger

Both companies say they plan to press ahead with the deal

A woman holds two cellphones in this photo illustration in Chelsea, Que., Monday March 29, 2021. The proposed $26-billion merger between two of Canada’s telecom titans has hit a new regulatory hurdle after the Commissioner of Competition has indicated it intends to block the deal. THE CANADIAN PRESS/Adrian Wyld
Author Christopher DiRaddo is seen at the Blue Metropolis International Literary Festival, Friday, May 6, 2022, in Montreal. THE CANADIAN PRESS/Ryan Remiorz

Canadian authors, booksellers say COVID-19 has both helped and hurt their industry

Book sales are up compared to pre-pandemic levels, but supply chain woes loom large

Author Christopher DiRaddo is seen at the Blue Metropolis International Literary Festival, Friday, May 6, 2022, in Montreal. THE CANADIAN PRESS/Ryan Remiorz
The Enbridge logo is shown at the company’s annual meeting in Calgary on May 9, 2018. Enbridge Inc. says its profits rose in the first quarter as energy demand continues to grow. THE CANADIAN PRESS/Jeff McIntosh

Enbridge reports $1.93B first-quarter profit as energy demand and prices grow

Revenues increased 24 per cent to $15.1 billion from $12.1 billion a year earlier

The Enbridge logo is shown at the company’s annual meeting in Calgary on May 9, 2018. Enbridge Inc. says its profits rose in the first quarter as energy demand continues to grow. THE CANADIAN PRESS/Jeff McIntosh