Skip to content

National Business

Drilling forecast calls for 14 per cent rebound in 2021 from depths of 2020 activity

Drilling forecast calls for 14 per cent rebound in 2021 from depths of 2020 activity

CALGARY — The organization that represents Canadian drilling contractors is forecasting a 14 per cent increase in the number of oil and gas wells to be drilled in Canada in 2021 compared with historic lows this year, but warns the outlook remains dep
Read more >
Wood pellet firm Peak Renewables buys Canfor forest tenure, idled mills in for Nelson

Wood pellet firm Peak Renewables buys Canfor forest tenure, idled mills in for Nelson

CALGARY — The CEO of wood pellet maker Peak Renewables says deals to buy forest tenure and mill assets in the Fort Nelson area of northeastern B.C. from Canfor Corp. are part of its plan to build a new 600,000-tonne-per-year pellet plant there.
Read more >
Metro expands online grocery offerings as e-commerce sales jump 160 per cent

Metro expands online grocery offerings as e-commerce sales jump 160 per cent

MONTREAL — Metro Inc., one of the country's top three grocery retailers, is expediting its push into online food ordering and home delivery, as e-commerce grocery sales continue to beat expectations.
Read more >
Rogers cancels local Breakfast Television shows in Calgary and Vancouver

Rogers cancels local Breakfast Television shows in Calgary and Vancouver

TORONTO — Rogers Sports and Media is cancelling its Breakfast Television shows in Calgary and Vancouver, making adjustments to some local radio operations and laying off an unspecified number of staff.
Read more >
UK insurance firm RSA agrees to takeover offer from Intact and Tryg

UK insurance firm RSA agrees to takeover offer from Intact and Tryg

TORONTO — One of the U.K.'s oldest insurance companies is getting two new owners and one of them is Canadian.
Read more >
Boeing Max to fly again almost 2 years after deadly crashes

Boeing Max to fly again almost 2 years after deadly crashes

After nearly two years and a pair of deadly crashes, the U.S. Federal Aviation Administration has cleared Boeing’s 737 Max for flight.
Read more >
Enbridge Gas to blend hydrogen with natural gas for consumers in Markham, Ont.

Enbridge Gas to blend hydrogen with natural gas for consumers in Markham, Ont.

CALGARY — Consumers in the Markham area of southern Ontario will soon be receiving a little hydrogen to go with the natural gas they use to fuel their furnaces and hot water heaters. Enbridge Gas and partner Cummins Inc.
Read more >
Andrea Benoit wins National Business Book Award for look at beauty brand benevolence

Andrea Benoit wins National Business Book Award for look at beauty brand benevolence

TORONTO — Media studies researcher Andrea Benoit is the winner of this year's National Business Book Award. The doctoral candidate at Western University received the $30,000 honour for her look at corporate philanthropy in the cosmetics industry.
Read more >
Home construction up 4.9% in October to 1.53 million

Home construction up 4.9% in October to 1.53 million

CHARLOTTE, N.C. — Home construction rose 4.9% in October as home building remains as one of the bright spots of the economy. The increase pushed home construction to a seasonally adjusted annual rate of 1.
Read more >
Sales surge at Lowe's as the homebound take on more projects

Sales surge at Lowe's as the homebound take on more projects

Lowe's sales surged in the third quarter more people took on projects at home during the epidemic. Shares, however, slumped 6% Wednesday on an outlook that some saw as pessimistic. Revenue increased to $22.3 billion from $17.4 billion a year ago.
Read more >