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Enbridge earmarks $3.3 billion for Gulf Coast storage plant, other projects

Enbridge earmarks $3.3 billion for Gulf Coast storage plant, other projects

CALGARY — A U.S. Gulf Coast gas storage facility and a stake in a company developing fuel from waste food are among a string of new investments announced by Canadian energy giant Enbridge Inc. on Wednesday.
Shopify creates new career tracks with even compensation for managers and 'crafters'

Shopify creates new career tracks with even compensation for managers and 'crafters'

OTTAWA — Shopify Inc. is revamping its staffing and compensation model. The Ottawa-based e-commerce company says staff will now be split into two career tracks: managers and crafters.
RBC reports Q1 profit down as expenses, provisions for credit losses rise

RBC reports Q1 profit down as expenses, provisions for credit losses rise

TORONTO — Royal Bank of Canada saw profits slip in the first quarter as it joined other banks in setting more money aside for tougher economic conditions ahead, though like others it also benefited from higher capital markets revenue as the uncertain
Insolvency filings in Canada in January up 33.7% compared with a year earlier

Insolvency filings in Canada in January up 33.7% compared with a year earlier

OTTAWA — Insolvencies in Canada surged by a third in January compared with a year ago as consumers struggled with rising prices and higher interest rates, the Office of the Superintendent of Bankruptcy said Wednesday.
Bell and Telus customers will face higher roaming rates beginning next week

Bell and Telus customers will face higher roaming rates beginning next week

TORONTO — Some Canadians will pay more to use their cellphones while travelling abroad beginning next week. Telus and Bell say they are raising roaming rates, effective March 8 and 9, respectively.
Aecon Group selling Ontario road building business for $235 million

Aecon Group selling Ontario road building business for $235 million

TORONTO — Aecon Group Inc. has signed a deal to sell its road building business in Ontario to Green Infrastructure Partners Inc. (GIP) for $235 million in cash.
TikTok ban should make companies review social media, device policies, experts say

TikTok ban should make companies review social media, device policies, experts say

TORONTO — The federal government's move to ban TikTok on its phones should make companies think twice about their data policies and consider blocking the app on its own devices, academics say.
B.C.'s budget praised for housing investment, criticized for lack of business help

B.C.'s budget praised for housing investment, criticized for lack of business help

VICTORIA — The British Columbia government’s new budget will spend more as the economy shrinks.
Pearson airport to cap number of flights at peak travel times

Pearson airport to cap number of flights at peak travel times

Toronto Pearson International Airport plans to cap the number of flights into and out of Canada's largest air hub in peak travel periods this year, with a view to "flatten out" daily crests at airports awash in passengers.
'Economic engine': Alberta predicting $2.4-billion surplus for petro-powered economy

'Economic engine': Alberta predicting $2.4-billion surplus for petro-powered economy

EDMONTON — Alberta is predicting a $2.4-billion budget surplus for its petro-powered economy this year, with plans to take a big bite out of its debt and put up guardrails to prevent eye-popping deficits when oil booms go bust.