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BDC launches $500M investment platform to help boost women-led businesses

BDC launches $500M investment platform to help boost women-led businesses

TORONTO — BDC has announced the launch of Thrive Venture Fund and Lab for Women, a $500-million investment platform that will support the growth and economic impact of Canadian women-led businesses, as women continue to face an uphill battle when try
U.K. regulator adds new wrinkle in Dye & Durhram deal for Link Group

U.K. regulator adds new wrinkle in Dye & Durhram deal for Link Group

TORONTO — A U.K. regulator has assessed a penalty of 50 million pounds against Link Group, the Australian company that Dye & Durham Ltd. is trying to acquire, raising questions about the future of the deal.
US home sales slipped, prices grew more slowly in August

US home sales slipped, prices grew more slowly in August

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market.
Teck Resources cutting steelmaking coal sales guidance after equipment failure

Teck Resources cutting steelmaking coal sales guidance after equipment failure

VANCOUVER — Teck Resources Ltd. is cutting its steelmaking coal sales guidance after an equipment failure at its Elkview operation in sa¹ú¼Ê´«Ã½ and a strike at Westshore Terminals.
Germany nationalizes country's biggest gas importer Uniper

Germany nationalizes country's biggest gas importer Uniper

BERLIN (AP) — The German government said Wednesday that it has agreed to nationalize the country's biggest gas importing company, Uniper, expanding state intervention in the industry to prevent an energy shortage resulting from Russia's war in Ukrain
sa¹ú¼Ê´«Ã½ strike and cyberattack impacting OCS could cause $3M revenue hit for Aurora: CEO

sa¹ú¼Ê´«Ã½ strike and cyberattack impacting OCS could cause $3M revenue hit for Aurora: CEO

Aurora Cannabis Inc. says it could take a revenue hit of up to $3 million because of a cyberattack that downed Ontario's pot distributor and a strike that halted deliveries to sa¹ú¼Ê´«Ã½ marijuana stores.
Fossil fuel sector needs investment to reduce emissions: RBC exec

Fossil fuel sector needs investment to reduce emissions: RBC exec

CALGARY — Even as a growing number of activists urge financial institutions to take action against climate change by reducing funding to the fossil fuel sector, executives with sa¹ú¼Ê´«Ã½â€™s largest bank say this country won’t reach its net-zero goals wit
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,368.69, down 193.69 points) Barrick Gold Corp. (TSX:ABX). Materials. Down 43 cents, or 2.09 per cent, to $20.12 on 11.3 million shares.
Economic stimulus should have stopped earlier to tame inflation, Bank of sa¹ú¼Ê´«Ã½ says

Economic stimulus should have stopped earlier to tame inflation, Bank of sa¹ú¼Ê´«Ã½ says

OTTAWA — Bank of sa¹ú¼Ê´«Ã½ deputy governor Paul Beaudry said in hindsight, governments and central banks should have withdrawn stimulus measures earlier as economies recovered from the COVID-19 pandemic, which likely would have kept a lid on inflation.
S&P/TSX composite ends down almost 200 points, U.S. stock markets also slip

S&P/TSX composite ends down almost 200 points, U.S. stock markets also slip

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index closed down almost one per cent in broad-based declines Tuesday, similar to losses in U.S. stock markets a day ahead of the U.S. Federal Reserve's latest rate decision.