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Simpson Oil to evaluate options to protect shareholder rights at Parkland

Simpson Oil to evaluate options to protect shareholder rights at Parkland

CALGARY — Simpson Oil Ltd. says it will evaluate its options to protect its shareholder rights once restrictions under an agreement that limits its ability to nominate and vote for board members at Parkland Corp. expire on March 31.
These companies have laid off Canadian workers in 2024

These companies have laid off Canadian workers in 2024

Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed.
BoC expected to hold interest rates this week as grey cloud hangs over economy

BoC expected to hold interest rates this week as grey cloud hangs over economy

OTTAWA — The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.
Five things to watch for in the Canadian business world in the coming week

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: Home sales Some of Canada's biggest cities are reporting their February home sales this week.
Major grocers expanding discount footprint as customers keep budgets tight

Major grocers expanding discount footprint as customers keep budgets tight

Canada’s biggest grocers are investing money and space in discount stores such as No Frills, Food Basics and FreshCo as shoppers look for ways to save on food amid the higher cost of living.
Newfoundland and Labrador asked to figure out cost of shutting down oil projects

Newfoundland and Labrador asked to figure out cost of shutting down oil projects

ST. JOHN'S, N.L.
United Steelworkers Local 2004 reaches tentative deal with CN Rail

United Steelworkers Local 2004 reaches tentative deal with CN Rail

MONTREAL — The United Steelworkers union says it has reached a tentative deal with Canadian National Railway Co. for a new contract covering 3,000 workers in Canada.
Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker's founding aims of benefiting humanity rather than pursuing profits.
Most actively traded companies on the Toronto Stock Exchange

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 (21,552.35, up 188.74 points): Suncor Energy Inc. (TSX:SU). Energy. Up 77 cents, or 1.65 per cent, to $47.40 on 24.1 million shares.
S&P/TSX composite gains almost 200 points as oil rises, U.S. markets hit new highs

S&P/TSX composite gains almost 200 points as oil rises, U.S. markets hit new highs

TORONTO — Canada's main stock index gained almost 200 points on Friday, helped by strength in energy stocks as the price of oil moved higher, while U.S. markets closed out the week with new record highs for the Nasdaq and the S&P 500.