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Canfor Pulp Products announces sale of Taylor pulp mill for $7 million

Canfor Pulp Products announces sale of Taylor pulp mill for $7 million

VANCOUVER — Canfor Pulp Products Inc. says it's entered an agreement to sell its Taylor pulp mill. The mill in northeastern B.C., which produces bleached chemi-thermo mechanical pulp, is being sold for $7 million to an undisclosed buyer.
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Eby astonished as trucking firms ask court to lift bans over B.C. overpass crash

Eby astonished as trucking firms ask court to lift bans over B.C. overpass crash

VANCOUVER — Two trucking firms are taking the B.C. government to court to get their vehicles back on the province's roads after an overpass crash last December, in what Premier David Eby called an "astonishing" move. Lawyers for B.C.
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Sun Life Financial sees earnings slip in fourth quarter to $749 million

Sun Life Financial sees earnings slip in fourth quarter to $749 million

TORONTO — Sun Life Financial Inc. says it earned $749 million in the last quarter of 2023, down from $1.2 billion during the same quarter a year earlier. The insurance company says diluted earnings per share in its fourth quarter were $1.
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Payments Canada names interim co-CEOs as current head to step down

Payments Canada names interim co-CEOs as current head to step down

OTTAWA — Payments Canada says it has named two interim co-CEOs after chief executive Tracey Black decided not to renew her term.
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,969.18, up 11.44 points): Enbridge Inc. (TSX:ENB). Energy. Down 39 cents, or 0.83 per cent, to $46.35 on 9.9 million shares.
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TSX composite ekes out gain, U.S. stock markets move higher as earnings roll in

TSX composite ekes out gain, U.S. stock markets move higher as earnings roll in

TORONTO — Canada's main stock index just barely stayed in the green Wednesday, while U.S. stock markets rose, with the S&P 500 flirting with the 5,000-point milestone. The S&P/TSX composite index closed up 11.44 points at 20,969.18.
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Food inflation ‘still omnipresent,’ warns Agropur CEO

Food inflation ‘still omnipresent,’ warns Agropur CEO

MONTREAL — Despite hopes of a lull, inflation remains "omnipresent" across the supply chain of the Agropur dairy co-operative, its CEO says.
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Finning reports Q4 profit down, hit by foreign exchange loss

Finning reports Q4 profit down, hit by foreign exchange loss

VANCOUVER — Finning International Inc. reported its fourth-quarter profit fell compared with a year ago as it was hit by a foreign exchange loss in Argentina due to government currency restrictions and a devaluation of the Argentine peso.
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Rate cut timing 'difficult to foresee' amid inflation pressures: BoC deliberations

Rate cut timing 'difficult to foresee' amid inflation pressures: BoC deliberations

OTTAWA — The Bank of Canada isn't sure when it will be able to start cutting interest rates as it continues to contend with inflation that's still too high and broad-based, its summary of deliberations of its Jan. 24 rate decision reveals.
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ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela

ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela

GEORGETOWN, Guyana (AP) — ExxonMobil said it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies.
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