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Enerplus-Chord Energy deal receives shareholder and Investment Canada Act approval
CALGARY — Enerplus Corp. says its shareholders have voted to approve a takeover of the company by U.S. company Chord Energy Corp. The Calgary-based oil and gas company says shareholders voted 99.6 per cent in favour of the stock-and-cash deal.
May 24, 2024 11:41 AM
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Defunct Lynx Air selling off life jackets, oxygen masks in bid to recoup losses
Lynx Air hopes to sell off everything from life jackets to oxygen masks as it tries to recoup a portion of the losses it suffered before filing for creditor protection earlier this year.
May 24, 2024 11:23 AM
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CBC launching 14 new free streaming channels for local news across Canada
TORONTO — CBC is launching 14 free ad-supported streaming channels dedicated to local news across Canada in an effort to attract younger audiences who don't have the "traditional habits" of linear news consumers.
May 24, 2024 10:52 AM
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Workers at Kamloops Hudson's Bay ratify deal after 165-day strike
KAMLOOPS, B.C. — The United Steelworkers union says workers at a Hudson's Bay store in Kamloops, B.C., have ratified a new deal with their employer after a 165-day strike. Workers with Local 1-417 walked off the job on Dec.
May 24, 2024 10:38 AM
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Restaurants Canada says price increases coming to B.C. chicken 'unsustainable'
Restaurants Canada says an increase in the farm-level price of chicken in B.C. could raise costs for consumers by around 10 per cent. The B.C.
May 24, 2024 10:27 AM
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Statistics Canada says retail sales down 0.2% in March at $66.4 billion
OTTAWA — Canadian retail sales slowed in March as shoppers spent less at furniture, home furnishings, electronics and appliances retailers, Statistics Canada said Friday. The agency said retail sales dropped 0.2 per cent to $66.
May 24, 2024 9:18 AM
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Competition Bureau probes alleged anticompetitive conduct by Loblaws, Sobeys owners
VANCOUVER AND TORONTO — Canada's Competition Bureau has launched investigations into the parent companies of grocery chains Loblaws and Sobeys for alleged anticompetitive conduct, court documents reveal, with Sobeys' owner calling the inquiry "unlawf
May 24, 2024 2:00 AM
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Right whale sighting leads to closure of lobster fishing area off northeastern N.B.
MISCOU, N.B. — Federal Fisheries Minister Diane Lebouthillier met with the lobster industry on Thursday after the government closed a fishing area off northeastern New Brunswick at the height of the season.
May 23, 2024 6:43 PM
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Gildan CEO, board resign ahead of shareholder vote, paving way for ex-CEO's return
The CEO and board of directors at Gildan Activewear Inc. have resigned ahead of the company's annual meeting on Tuesday, paving the way for the company's co-founder to return as chief executive.
May 23, 2024 5:50 PM
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B.C. rental housing plan includes 670 below-market rental units in Metro Vancouver
VANCOUVER — The second phase of a homebuilding partnership between the province and Metro Vancouver will deliver up to 670 below-market rental units in four separate urban areas, Premier David Eby said Thursday.
May 23, 2024 5:26 PM
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