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Canadian Malartic partners approve $1.7-billion western Quebec gold mine extension

Canadian Malartic partners approve $1.7-billion western Quebec gold mine extension

CALGARY — A plan to spend $1.7 billion over the next seven years to develop the Odyssey underground mine to extend the life of the Canadian Malartic Mine's open pit operation in western Quebec has been approved by its owners.
Draghi forms new govt blending experts, political operatives

Draghi forms new govt blending experts, political operatives

ROME — Former European Central Bank chief Mario Draghi on Friday accepted the Italian president's bid to form a new government, announcing a Cabinet of experts mixed with experienced political hands, at once seeking to reassure financial markets and
MNP to buy part of Deloitte's Canada business, gaining 900 workers and 25 offices

MNP to buy part of Deloitte's Canada business, gaining 900 workers and 25 offices

CALGARY — Canadian accounting and consulting firm MNP LLP says it will buy part of Deloitte's Canadian business in a new deal between two of the country's largest professional services firms.

CAE Inc. seeing improvement despite Q3 profits being cut in half from year ago

MONTREAL — CAE Inc. says its results are improving despite reporting that net profits were cut in half in the third quarter from a year ago as it continues to manage through a challenging time for the aerospace sector.
Enbridge anticipates cash flow bounty as Line 3 cost estimate jumps to $9.3 billion

Enbridge anticipates cash flow bounty as Line 3 cost estimate jumps to $9.3 billion

CALGARY — Construction of the U.S. portion of its Line 3 oil pipeline will cost $1.1 billion more than expected due to regulatory and court delays in Minnesota but the CEO of owner Enbridge Inc.
Air Canada posts 'bleak' financial results as Transat deal comes through

Air Canada posts 'bleak' financial results as Transat deal comes through

MONTREAL — Air Canada posted a staggering $1.16 billion loss in the fourth quarter of 2020, a result that caps off what the company's chief executive called the bleakest year in aviation history.

Timeline: The ups and downs of Air Canada's deal for Transat AT

MONTREAL — The federal government has approved Air Canada's $190-million purchase of Transat A.T.
Agnico Eagle Mines net income drops to US$205.2 million in fourth quarter

Agnico Eagle Mines net income drops to US$205.2 million in fourth quarter

TORONTO — Agnico Eagle Mines Ltd. says its profit fell in the fourth quarter, as it paid 75 per cent of base salaries to its Nunavut-based workforce, which has been at home under COVID-19 guidelines.
Ontario reports 1,076 new cases of COVID-19 and 18 more deaths linked to the virus

Ontario reports 1,076 new cases of COVID-19 and 18 more deaths linked to the virus

TORONTO — Ontario is reporting 1,076 new cases of COVID-19 today and 18 more deaths linked to the virus. Health Minister Christine Elliott says there are 361 new cases in Toronto, 210 in Peel Region, and 122 in York Region.
Wholesale trade drops 1.3 per cent to $66.5 billion in December as auto sales fall

Wholesale trade drops 1.3 per cent to $66.5 billion in December as auto sales fall

OTTAWA — Statistics Canada says wholesale trade fell in December for the first time since April amid sharply lower auto sales. The agency says wholesale sales were down 1.3 per cent in December at $66.