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National Business
National Business
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 12:37 PM
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B.C. Securities Commission finds $13M in fraud by crypto trading platform
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 11:47 AM
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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 10:51 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 10:29 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 10:13 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 9:11 AM
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Affordable housing groups aiming to raise $110 million through community bonds
TORONTO — Tapestry Community Capital says housing groups across Canada are aiming to raise $110 million through community bonds to secure affordable living options.
Aug 12, 2024 9:05 AM
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Gold Fields signs deal for Osisko Mining, will consolidate Windfall project ownership
TORONTO — Gold Fields Ltd. has signed a deal to buy Osisko Mining Inc. in an agreement valued at about $2.16 billion that will see the company consolidate its ownership of the Windfall project in Quebec. Under the proposal, Gold Fields will pay $4.
Aug 12, 2024 7:45 AM
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Barrick Gold reports US$370M Q2 profit, up from US$305M a year ago
TORONTO — Barrick Gold Corp. reported its second-quarter profit rose compared with a year ago, helped by higher gold and copper prices. The miner, which keeps its books in U.S.
Aug 12, 2024 7:23 AM
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Manitoba has beefed up efforts to fight retail theft, retailers hope for more
WINNIPEG — Manitoba's recent efforts to curb retail theft are working, by many accounts, and some businesses are hoping for more permanent changes.
Aug 12, 2024 1:00 AM
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