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Cogeco charts path for 'sustainable growth' as it reports dip in profits for Q4

Cogeco charts path for 'sustainable growth' as it reports dip in profits for Q4

MONTREAL — Cogeco Inc. says it will begin a three-year transformation program in its 2025 fiscal year to set the company on what it calls "a path to sustainable growth.
Enbridge in talks about Mainline pipeline expansion as Canadian oil output grows

Enbridge in talks about Mainline pipeline expansion as Canadian oil output grows

CALGARY — Enbridge Inc. has begun talks with its customers about expanding its Mainline pipeline network to handle growing volumes of Canadian oil output, the Calgary-based company said Friday.
OBSI becomes only banking complaints body as streamlining change takes effect

OBSI becomes only banking complaints body as streamlining change takes effect

TORONTO — Canadians now have a single place to appeal banking issues after the federal government's simplification of the system took effect Friday.
U.S. senator calls out lack of TD executives charged in money laundering settlement

U.S. senator calls out lack of TD executives charged in money laundering settlement

TORONTO — A U.S. senator is raising concerns that TD Bank Group executives did not face charges as part of the bank's settlement over its failure to detect large-scale money laundering. Sen. Elizabeth Warren says in a letter to the U.S.
Auto parts company Magna International lowers guidance amid production slump

Auto parts company Magna International lowers guidance amid production slump

TORONTO — Magna International Inc. cut its guidance for its full year after seeing its sales decrease last quarter amid a global production slump of light vehicles.
Laurentian Bank names veteran executive Robert Ouellette to board of directors

Laurentian Bank names veteran executive Robert Ouellette to board of directors

MONTREAL — Laurentian Bank of sa¹ú¼Ê´«Ã½ says veteran executive Robert Ouellette is joining its board of directors as a new independent director.
Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition

Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition

Exxon Mobil's third-quarter profit beat analysts' expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition. Exxon earned $8.6 billion, or $1.92 per share, for the three months ended Sept.
Ride-share giant Uber bans customer after Alberta driver shares racist rant video

Ride-share giant Uber bans customer after Alberta driver shares racist rant video

EDMONTON — Ride-share giant Uber has banned a customer from its app after one of its drivers posted a social media video showing him enduring a racist tirade.
How will the outcome of the U.S. election affect financial markets?

How will the outcome of the U.S. election affect financial markets?

Whichever candidate wins the U.S. president election next Tuesday, experts say investors will be relieved to shed some uncertainty over what kinds of policies to expect.
Will people leave Florida after devastating hurricanes? History suggests not

Will people leave Florida after devastating hurricanes? History suggests not

ORLANDO, Fla.