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Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake

Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake

CALGARY — Enbridge Inc. says it has completed a previously announced transaction giving it a 30 per cent ownership stake in the Woodfibre liquefied natural gas (LNG) project. Enbridge announced in July a partnership with Pacific Energy Corp.
Cost savings, staff retention packages discussed at hearing on Rogers-Shaw deal

Cost savings, staff retention packages discussed at hearing on Rogers-Shaw deal

OTTAWA — Retention packages at Shaw Communications Inc. will cost up to $50 million if the company's $26-billion proposed merger with Rogers Communications Inc. crosses the finish line.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,277.41, up 56.92 points): Barrick Gold Corp. (TSX:ABX). Materials. Up 64 cents, or 3.06 per cent, to $21.58 on 16.1 million shares.
S&P/TSX composite posts small gain on energy prices, U.S. markets mixed

S&P/TSX composite posts small gain on energy prices, U.S. markets mixed

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index was up slightly Tuesday as gains in energy outweighed minor losses across other sectors, while U.S. markets were mixed but trending lower. The S&P/TSX composite index was up 56.92 points at 20,277.41.
Wall Street ends an uneven day of trading with mixed results

Wall Street ends an uneven day of trading with mixed results

NEW YORK — Stocks ended an unsteady day with mixed results as gains for energy companies were offset by losses in technology and other sectors.
RBC raises competition concerns as it strikes deal to buy HSBC sa¹ú¼Ê´«Ã½ for $13.5B

RBC raises competition concerns as it strikes deal to buy HSBC sa¹ú¼Ê´«Ã½ for $13.5B

TORONTO — Royal Bank of sa¹ú¼Ê´«Ã½ has struck a deal to pay $13.5 billion in cash to swallow up HSBC Bank sa¹ú¼Ê´«Ã½, the seventh largest bank in the country by assets and — since the Big Six banks are largely untouchable — the biggest takeover prize around.
Bank of sa¹ú¼Ê´«Ã½ lost $522 million in third quarter, marking first loss in its history

Bank of sa¹ú¼Ê´«Ã½ lost $522 million in third quarter, marking first loss in its history

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ lost $522 million in the third quarter of this year, marking the first loss in its 87-year history.
TC Energy expects cost of Coastal GasLink pipeline project to rise

TC Energy expects cost of Coastal GasLink pipeline project to rise

CALGARY — TC Energy Corp. is expecting what it calls a "material increase" in the cost of its Coastal GasLink pipeline project.
Suncor to keep Petro-sa¹ú¼Ê´«Ã½ retail business after comprehensive review of business

Suncor to keep Petro-sa¹ú¼Ê´«Ã½ retail business after comprehensive review of business

Suncor Energy Inc. has decided to keep its Petro-sa¹ú¼Ê´«Ã½ retail business, the company announced Tuesday, after a comprehensive review concluded Suncor was unlikely to receive the price it wanted for the chain.
'Strong position': Saskatchewan's bottom line stable, government posts $1.1B surplus

'Strong position': Saskatchewan's bottom line stable, government posts $1.1B surplus

REGINA — Saskatchewan's bank account remains relatively unchanged while its bottom line continues to be affected by Russia's invasion of Ukraine, global supply shortages and rising inflation. The province is reporting a $1.