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WSP Global announces US$1.78-billion deal to buy Power Engineers
WSP Global Inc. says it's reached a deal to acquire U.S. consulting firm Power Engineers Inc. The Montreal-based company says the deal, worth US$1.78 billion, is expected to close in the fourth quarter.
Aug 12, 2024 3:16 PM
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S&P/TSX composite up as energy stocks rise, U.S. stock markets mixed
TORONTO — Canada's main stock index rose Monday, helped by strength in the energy sector as the price of oil also climbed, while U.S. markets were mixed.
Aug 12, 2024 2:50 PM
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Scotiabank adds to U.S. exposure with US$2.8B deal for KeyCorp stake
TORONTO — Scotiabank has signed a deal to buy a minority stake in U.S. bank KeyCorp as it works to focus on the North American market. The Canadian bank said Monday it will pay a total of about US$2.8 billion for a 14.
Aug 12, 2024 2:41 PM
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Stock market today: Wall Street holds relatively steady ahead of big tests coming later in the week
NEW YORK (AP) — Wall Street is closing mixed after drifting through a quiet day of trading, as markets around the world stabilize following a wild week. The S&P 500 was little changed Monday. The Dow Jones Industrial Average fell 0.
Aug 12, 2024 2:04 PM
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Goodyear spending $575M to expand Ontario plant, produce EV tires
NAPANEE, Ont. — Goodyear Canada is planning to spend more than $575 million to expand and modernize an eastern Ontario plant to produce electric vehicle and all-terrain tires and make its processes more energy efficient.
Aug 12, 2024 1:37 PM
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B.C. Securities Commission finds $13M in fraud by crypto trading platform
VANCOUVER — A panel of the British Columbia Securities Commission has found a cryptocurrency trading platform and its owner lied to customers and diverted about $13 million in assets to gambling and personal accounts.
Aug 12, 2024 12:47 PM
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Former CFO suing RBC for $49 million in wrongful dismissal claim
TORONTO — The former chief financial officer for Royal Bank of Canada is suing the bank for almost $50 million over claims of wrongful dismissal.
Aug 12, 2024 11:51 AM
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Bird on a wire: New Brunswick Power blames ospreys for outages on sunny days
FREDERICTON — The skies can be clear and the winds light when suddenly the power goes out in New Brunswick homes and businesses.
Aug 12, 2024 11:29 AM
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Ottawa provides $6.7 million for Nova Scotia organizations helping homeless veterans
HALIFAX — The federal government is providing $6.7 million to two programs that assist homeless veterans in Nova Scotia. One group, Veterans Emergency Transition Services Canada (VETS Canada), is getting $5.
Aug 12, 2024 11:13 AM
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Tourmaline signs $1.3-billion deal to buy Crew Energy
CALGARY — Tourmaline Oil Corp. continues to snap up natural gas assets, this time with a $1.3-billion deal that will see it acquire Montney-focused natural gas producer Crew Energy Inc.
Aug 12, 2024 10:11 AM
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