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National Business
National Business
Hostess is being acquired by JM Smucker in a deal valued at $5.6B after coming back from the brink
Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J.M. Smucker in a cash-and-stock deal worth about $5.6 billion. Smucker, which makes everything from coffee to peanut butter and jelly, will pay $34.
Sep 11, 2023 10:58 AM
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Crescent Point plans $1.05B to $1.15B in development capital expenditures for 2024
CALGARY — Crescent Point Energy Corp. says it plans to spend $1.05 billion to $1.15 billion on development capital expenditures next year.
Sep 11, 2023 8:49 AM
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TikTok partnerships plentiful in Canada amid bans, foreign interference accusations
TORONTO — In the halls of Parliament, TikTok is banned from civil servants' phones as the government grapples with allegations of foreign interference.
Sep 11, 2023 4:00 AM
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Airline competition ramps up, setting stage for showdown and reducing (some) fares
MONTREAL — Passengers aren’t the only ones feeling cramped these days.
Sep 10, 2023 10:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Household debt On Wednesday, Statistics Canada will release its national balance sheet and financial flow accounts report, which includes the household-debt-to-inco
Sep 10, 2023 10:00 AM
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G20 agreement reflects sharp differences over Ukraine and the rising clout of the Global South
NEW DELHI (AP) — The Group of 20 top world economies added the African Union as a member at their annual summit Saturday, and host India was able to get the disparate group to sign off on a final statement, but only after softening language on the co
Sep 9, 2023 1:29 PM
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Feds leave future of Dakota Access pipeline's controversial river crossing unclear in draft review
BISMARCK, N.D. (AP) — Federal officials on Friday released a draft environmental review of the Dakota Access oil pipeline , but said they're waiting for more input before deciding the future of the line’s controversial river crossing in North Dakota.
Sep 8, 2023 6:22 PM
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Air Canada schedule changes lead to 54 job cuts in Newfoundland and Labrador: union
ST. JOHN'S, N.L. — The union representing employees with regional airline Jazz Aviation says it is considering legal action as 54 people in Newfoundland and Labrador lose their jobs because of service changes by Air Canada.
Sep 8, 2023 5:20 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,074.65, down 57.43 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up 24 cents, or 23.30 per cent, to $1.27 on 20.
Sep 8, 2023 4:50 PM
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TSX moves lower Friday while U.S. markets eke out small gain amid rate worries
TORONTO — Canada's main stock index posted a small loss Friday, with broad-based weakness led by metals and tech, while U.S. markets eked out slim gains amid ongoing concern about interest rates. The S&P/TSX composite index closed down 57.
Sep 8, 2023 4:36 PM
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