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EllisDon CEO Geoff Smith stepping down in June, Kieran Hawe named next CEO
MISSISSAUGA, Ont. — Construction company EllisDon says Geoff Smith will step down as president and chief executive in June. The company says he will be replaced by Kieran Hawe, EllisDon’s current chief operating officer, construction.
Apr 17, 2023 1:04 PM
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Statistics Canada says wholesale sales down 1.7% at $85.6B in February
OTTAWA — Statistics Canada says wholesale sales fell 1.7 per cent to $85.6 billion in February after hitting a record high in January.
Apr 17, 2023 12:31 PM
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Home Capital deal to be bought by Smith Financial clears key regulatory hurdle
TORONTO — Home Capital Group Inc. says its deal to be acquired by Smith Financial Corp. has cleared a key regulatory hurdle.
Apr 17, 2023 12:06 PM
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Magna to engineer and build off-road electric vehicle for industrial group Ineos
Magna International Inc. says it will engineer and build electric off-road vehicles for U.K.-based industrial conglomerate Ineos Group Ltd. Aurora, Ont.
Apr 17, 2023 11:59 AM
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Rogers to move 300 international Shaw call centre jobs to Western Canada
TORONTO — Rogers Communications Inc. announced Monday it will relocate around 300 Shaw call centre jobs based overseas to Canada after completing its $26-billion acquisition of the carrier earlier this month. The positions will be located in B.C.
Apr 17, 2023 10:14 AM
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Teck controlling shareholder calls Glencore bid the wrong one at the wrong time
VANCOUVER — The controlling shareholder of Teck Resources Ltd. rejected Glencore's offer to buy the Canadian miner, but says he is open to talking about other possible deals once the company completes its own plan to split its business.
Apr 17, 2023 10:13 AM
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Ottawa to support Ericsson Canada on $470 million project to develop faster networks
OTTAWA — The federal government is partnering with wireless networking technology company Ericsson Canada to invest more than $470 million in a project that aims to push research and development toward creating 5G and 6G networks.
Apr 17, 2023 9:19 AM
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Speaker McCarthy vows to pass debt bill -- with spending cap
WASHINGTON (AP) — House Speaker Kevin McCarthy pledged on Monday to pass legislation to raise the nation's debt ceiling — but on condition of capping future federal spending at 1% — as he lashed out at President Joe Biden for refusing to engage in bu
Apr 17, 2023 9:15 AM
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Netflix keeps 'Love Is Blind' fans waiting for live reunion
LOS ANGELES (AP) — Love isn't patient, love isn't kind — at least if you ask the fans of Netflix's “Love Is Blind.
Apr 17, 2023 9:05 AM
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Deepfake porn could be a growing problem amid AI race
NEW YORK (AP) — Artificial intelligence imaging can be used to create art , try on clothes in virtual fitting rooms or help design advertising campaigns .
Apr 17, 2023 8:20 AM
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