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Obsidian Energy shareholders approve stock issuance in pursuit of Bonterra takeover
CALGARY — Obsidian Energy Ltd. says shareholders have voted to approve its proposal to issue up to 72.3 million shares to buy Bonterra Energy Corp. in a hostile takeover. The Calgary-based oil and gas producer says 91.
Nov 23, 2020 3:42 PM
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Tourists few, NY gift shops struggle but don't lose (heart)
NEW YORK — In souvenir shops from Times Square to the World Trade Center, shelves full of T-shirts and trinkets still (heart) New York. But the proprietors wonder when their customers will, again.
Nov 23, 2020 3:10 PM
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Quebec judge orders Hudson's Bay to pay rent to landlords at multiple shopping malls
A Quebec judge has ordered Hudson's Bay Co. to pay rent at several of its department stores in the province, saying the retailer cannot take the law into its own hands.
Nov 23, 2020 2:59 PM
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North American stock markets rise as vaccine news boosts energy sector
TORONTO — Canada's main stock index rose alongside U.S. markets as news about another COVID-19 vaccine boosted investors' outlook for the economy and oil demand.
Nov 23, 2020 2:54 PM
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GM to recall 7M vehicles globally to replace Takata air bags
DETROIT — General Motors will recall about 7 million big pickup trucks and SUVs worldwide to replace potentially dangerous Takata air bag inflators. The announcement came Monday after the U.S.
Nov 23, 2020 2:33 PM
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Loblaw expands launch of PC Health app, offering access to nurses, dietitians
BRAMPTON, Ont. — Loblaw Companies Ltd.
Nov 23, 2020 2:18 PM
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Online shopping set to hit record this year in Canada
Online sales are set to hit a record this year in Canada, Statistics Canada said on Monday, amid limits on in-person shopping during the COVID-19 pandemic.
Nov 23, 2020 1:26 PM
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Bank of Canada keeping close eye on household debt as pandemic drags on, deputy says
OTTAWA — One of Canada's top central bankers says the Bank of Canada is keeping a close eye on household debt that were already elevated before COVID-19.
Nov 23, 2020 12:16 PM
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Sherritt International CEO David Pathe stepping down after completing restructuring
TORONTO — Sherritt International Corp. says president and CEO David Pathe intends to step down from his role in 2021 but will stay on until a replacement is in place.
Nov 23, 2020 10:09 AM
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Google faces UK scrutiny over new advertising data revamp
LONDON — Google faces fresh regulatory scrutiny in Britain over plans to revamp its ad data system, after a group of competitors complained to regulators that the changes would cement the U.S. tech giant's online dominance.
Nov 23, 2020 9:38 AM
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