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Aecon Group buying United Engineers & Constructors for US$33 million in cash
TORONTO — Aecon Group Inc. has signed a deal to buy U.S. company United Engineers & Constructors Inc. from CriticalPoint Capital LLC for US$33 million in cash. United is a nuclear and conventional power contractor with clients in the U.S.
Oct 28, 2024 6:51 AM
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Canada on track to be world's third-largest wheat exporter in '24-25 crop year
CALGARY — Canada is on track to be the world's third-largest wheat exporter for the second year in a row as crop production in the prairie provinces continues to increase. International data from the U.S.
Oct 28, 2024 4:00 AM
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Ontario vision of Niagara as northern Las Vegas may not include Marineland: minister
TORONTO — A major amusement park is part of Ontario's grand vision to turn the Niagara region into Las Vegas north, but Marineland may not fit the bill, the provincial tourism minister says.
Oct 28, 2024 2:01 AM
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Testing rules out beef patties as the source of E. coli outbreak, McDonald’s says
LOS ANGELES (AP) — Testing has ruled out beef patties as the source of the outbreak of E. coli poisoning tied to McDonald’s Quarter Pounders, the company said Sunday. It will resume selling the Quarter Pounder in the coming week. The U.S.
Oct 27, 2024 4:36 PM
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Montreal dockworkers hold one-day strike to put pressure on employer
MONTREAL — Dockworkers at the Port of Montreal walked off the job early Sunday for a one-day strike aimed at putting pressure on their employer amid difficult contract talks.
Oct 27, 2024 10:37 AM
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Ontario government moves to extend 5.7 cent gas tax cut to June 2025
TORONTO — Ontario is moving to extend a 5.7-cent cut to the provincial gas tax until next summer. Premier Doug Ford says his government will soon put forward legislation that, if passed, will keep the tax at nine cents per litre until June 30.
Oct 27, 2024 9:29 AM
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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 in the coming week: Macklem on the Hill Bank of Canada governor Tiff Macklem and senior deputy governor Carolyn Rogers will be at the House of Commons Standing Committee on Finance on
Oct 27, 2024 8:00 AM
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Ready for liftoff: Why Canada's telecom sector sees opportunity in satellite internet
TORONTO — When a severe tropical cyclone hit New Zealand in February 2023, it left thousands on the country's North Island without internet or cellphone service for nearly a week, as major roads carrying vital fibre optic cables were washed out.
Oct 27, 2024 4:00 AM
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More contamination found around the site of the Eagle Gold mine in Yukon
WHITEHORSE — The Yukon government says testing around the gold mine where a containment facility gave way, spilling millions of tonnes of cyanide-laced rock, has found increased levels of mercury, cobalt and cyanide.
Oct 25, 2024 5:45 PM
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Canfor reports net loss of $350 million as lumber market headwinds continue
VANCOUVER — Canfor Corp. says it had a net loss of $350.1 million in its last quarter as it took writedowns and impairment charges related to mill closures in a slumping lumber market. The forestry company says the net loss worked out to $2.
Oct 25, 2024 4:51 PM
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