Skip to content

National Business

PetroChina and Ovintiv end joint venture deal, agree to split Alberta assets

CALGARY — PetroChina Canada Inc. says it will be hiring engineers and technical specialists as it creates a new operating team after the end of an eight-year partnership in an Alberta oilfield. PetroChina and Ovintiv Inc.
Oilsands diluent pipeline partly closed following spill near Fort McMurray

Oilsands diluent pipeline partly closed following spill near Fort McMurray

CALGARY — Operator Inter Pipeline Ltd. says it has partially shut down its Polaris pipeline system following a leak detected on Crown recreational land just east of the Fort McMurray airport in northern Alberta.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange ( 16,644.99, up 130.55 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 21 cents, or one per cent, to $21.14 on 12.9 million shares.
Alimentation Couche-Tard Q1 profit surges 44% despite big drop in fuel sales

Alimentation Couche-Tard Q1 profit surges 44% despite big drop in fuel sales

LAVAL, Que. — Alimentation Couche-Tard says its net profit surged 44 per cent in its latest quarter despite a big drop in fuel sales at its convenience stores because of COVID-19.
Surge in airline complaints to national regulator creates delays, backlog

Surge in airline complaints to national regulator creates delays, backlog

The Canadian Transportation Agency says it has received more than 8,000 complaints about airlines since mid-March, an unprecedented figure for the five-and-a-half-month period that has created a massive backlog, delaying the watchdog's response time.
Tesla announces plans to sell up to $5B in new stock shares

Tesla announces plans to sell up to $5B in new stock shares

DETROIT — A day after its 5-for-1 stock split took effect, Tesla announced plans Tuesday to sell up to $5 billion worth of common shares.
Auto sales recovery plateaus in August, with fewer sales than last summer

Auto sales recovery plateaus in August, with fewer sales than last summer

TORONTO — New data says Canadians bought 8.9 per cent fewer automobiles this August compared with a year ago. DesRosiers Automotive Consultants Inc.
Technology sector propels stock markets to positive start to September

Technology sector propels stock markets to positive start to September

TORONTO — The technology sector propelled North American stock markets to a positive start to September with Shopify Inc. hitting a record high on the TSX. Canada's largest company by market capitalization surged 6.
New supportive housing coming for homeless in Vancouver, province and city say

New supportive housing coming for homeless in Vancouver, province and city say

VANCOUVER — The B.C. government and City of Vancouver are partnering to build 450 new supportive homes for people experiencing homelessness.
15 years later, Walmart to launch its answer to Amazon Prime

15 years later, Walmart to launch its answer to Amazon Prime

NEW YORK — Walmart is launching a new membership service that it hopes can compete with Amazon Prime. Called Walmart+, it will cost $98 a year, or $12.