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National Business
National Business
WeWork seeking to exit some Canadian locations as part of bankruptcy filings
TORONTO — WeWork Inc. is seeking an early exit of several Canadian leases as part of bankruptcy proceedings for the once high-flying office sharing company.
Nov 7, 2023 1:33 PM
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Significant update on Pathways Alliance project coming soon: MEG Energy CEO
CALGARY — The CEO of one of the oilsands companies behind the Pathways Alliance says the group expects to provide a significant update on its proposed $16.5-billion carbon capture and storage project within the next couple of months.
Nov 7, 2023 12:20 PM
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Statistics Canada reports $2B merchandise trade surplus for September
OTTAWA — Canada's merchandise trade surplus more than doubled in September as higher oil prices helped boost energy exports.
Nov 7, 2023 11:53 AM
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Consumer spending drop dents Cargojet earnings: CEO
MISSISSAUGA, Ont. — The slide in consumer spending has squeezed Cargojet Inc.'s bottom line, its CEO says, as Canadians shell out less on goods that land on shelves and doorsteps after a trip by air freighter.
Nov 7, 2023 10:48 AM
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Portuguese prime minister resigns after being caught up in corruption probe
LISBON, Portugal (AP) — Portuguese Prime Minister António Costa said Tuesday he is resigning after being involved in a widespread corruption probe.
Nov 7, 2023 8:34 AM
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Ballard Power Systems reports Q3 loss, revenue up nearly 30% from year ago
VANCOUVER — Ballard Power Systems Inc. reported a larger loss in its latest quarter compared with a year ago despite a nearly 30 per cent rise in revenue. The fuel cell company, which keeps its books in U.S. dollars, says it lost US$62.
Nov 7, 2023 8:30 AM
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Power producer TransAlta reports Q3 profit up from year ago
CALGARY — TransAlta Corp. reported its third-quarter profit rose compared with a year ago as its power production and revenue also came in higher.
Nov 7, 2023 7:31 AM
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Pet Valu reports Q3 profit down from year ago, revenue up
MARKHAM, Ont. — Pet Valu Holdings Ltd. reported net income of $18.0 million in its latest quarter, down from $27.0 million a year ago, even as its revenue rose.
Nov 7, 2023 7:24 AM
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'Doesn't make sense': Business leaders say halted trade talks harm India and Canada
MONTREAL — Business leaders continue to grapple with fallout from the rift between the Canadian and Indian governments, saying the suspension of free trade talks helps no one.
Nov 7, 2023 7:14 AM
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Small businesses still hoping for CEBA loan forgiveness extension as time runs out
OTTAWA — As the deadline to repay pandemic loans and receive partial forgiveness approaches, small businesses are still hoping the federal government will reverse course and extend it for another year.
Nov 7, 2023 3:00 AM
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