Business

McKesson names Western University graduate to head its Canadian operations

August 10, 2020

IRVING, Texas — McKesson Corp. has appointed Rebecca McKillican as chief executive of its Canadian operations, effective immediately.She succeeds Domenic Pilla, who announced...

Fiat Chrysler calls GM's bribery allegations 'preposterous'

August 10, 2020

DETROIT — Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are "preposterous" and read like a script from a "third-rate spy movie," FCA ...

Alstom says Bombardier rail problems may affect terms of deal as talks continue

August 10, 2020

MONTREAL — French rail giant Alstom SA is warning that problems at Bombardier's train division may affect negotiations to buy it, but says it still plans to go ahead with the...

Sidewalk Labs Toronto office up for lease after layoffs, abandoning smart city

August 10, 2020

TORONTO — Sidewalk Labs' Toronto office space is available for lease months after the company walked away from building a tech-savvy neighbourhood in the city.An online ...

US employers post more jobs in June, pull back on hiring

August 10, 2020

WASHINGTON — U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market.The number of ...

Ottawa won't intervene to end dockworkers strike at Port of Montreal, says minister

August 10, 2020

MONTREAL — Canada's labour minister has rejected requests to intervene in a strike launched Monday by Port of Montreal workers."We have faith in the collective bargaining ...

Canadian Natural to take over Painted Pony Energy in $461-million deal

August 10, 2020

CALGARY — Canadian Natural Resources Ltd. has struck a $461-million deal to buy Painted Pony Energy Ltd. as it looks to grow its position in the liquids-rich Montney natural ...

Ensign Energy Q2 revenue drops 48 per cent, Canada's share of revenue plunges

August 10, 2020

CALGARY — Ensign Energy Services Inc. reported a $17.1-million net loss in its second quarter, as revenue fell by nearly half compared with the same time last year.The loss ...

Energy sector lifts Toronto's main index, while U.S. performance mixed

August 10, 2020

TORONTO — The energy sector helped lift Toronto's main stock index Monday, while those south of the border were mixed.The S&P/TSX composite index rose 61.02 points to close ...

Barrick CEO vows to stick to capital strategy as gold prices boost Q2 profits

August 10, 2020

TORONTO — The chief executive of Barrick Gold Corp. said Monday the company's strategy for spending money is unchanged despite a run up in gold prices that boosted ...

Five things to watch for in the Canadian business world in the coming week

August 9, 2020

TORONTO — Five things to watch for in the Canadian business world in the coming week:Grocery billOne of Canada's largest grocers will report its latest quarterly results ...

Most actively traded companies on the TSX

August 7, 2020

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,544.48, down 34.62 points.)Enbridge Inc. (TSX:ENB). Energy....

Russel Metals hit by energy weakness, but plays down prospect of steel tariffs

August 7, 2020

TORONTO — Russel Metals Inc. reported ailing ...

CCL Industries sees split demand as sanitizer spikes, event sales fall

August 7, 2020

Toronto-based packaging company CCL Industries ...

Linamar helped by ventilator contracts as automobile sales plummeted

August 7, 2020

GUELPH, Ont. — Linamar Corp. executives said this...

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Canora Ladies Bonspiel attracts curlers from across region and beyond

April 5, 2020

The Canora Ladies Bonspiel was held at the Sylvia Fedoruk Centre from March 13 to 15 with curlers from as far away as Snow Lake, Manitoba. A total of 10 teams ...

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Canadians might want to brush up on dental hygiene, poll suggests

August 10, 2020

Health care has long been regarded as a source of pride for many Canadians. The fact that most of us share the same language as residents of the United States has led to ...