Skip to content

National Business

Enerflex announces CFO departure, shares down more than 20%

Enerflex announces CFO departure, shares down more than 20%

CALGARY — Shares of Enerflex Ltd. sank more than 20 per cent in afternoon trading after the company announced the resignation of its chief financial officer for the second time in less than a year.
Read more >
Laurentian Bank appoints new CEO after computer mainframe outage

Laurentian Bank appoints new CEO after computer mainframe outage

TORONTO — Laurentian Bank has named both a new chief executive and board chair following a major system outage last week that the bank is still working to fully resolve.
Read more >
Federal Court of Appeal rules against Google in privacy law case

Federal Court of Appeal rules against Google in privacy law case

OTTAWA — The Federal Court of Appeal has rejected an attempt by Google to overturn a decision that found the company's search engine is covered by Canada's privacy law, marking another victory for people seeking a digital "right to be forgotten.
Read more >
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

NEW YORK (AP) — For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn't, in reality, the next Bernie Madoff.
Read more >
Cannabis seller Tilray broadens footprint in the brewery business, closing deal with Anheuser-Busch

Cannabis seller Tilray broadens footprint in the brewery business, closing deal with Anheuser-Busch

The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer.
Read more >
The UAE holds a major oil and gas conference just ahead of hosting UN climate talks in Dubai

The UAE holds a major oil and gas conference just ahead of hosting UN climate talks in Dubai

ABU DHABI, United Arab Emirates (AP) — The Emirati president-designate of the upcoming United Nations COP28 climate talks urged oil and gas companies Monday to be “central to the solution” for climate change, a message delivered even as the industry
Read more >
Spin Master signs global toy licence deal for Dora, the new Dora the Explorer series

Spin Master signs global toy licence deal for Dora, the new Dora the Explorer series

TORONTO — Spin Master Corp. says it has signed a deal for the global toy licence for Dora, the new reboot of the Dora the Explorer franchise coming next year. Financial terms of the agreement were not immediately available.
Read more >
Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

TORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.
Read more >
TVO employees vote to reject 'final' contract offer as strike heads into 7th week

TVO employees vote to reject 'final' contract offer as strike heads into 7th week

TORONTO — Workers at Ontario's public broadcaster have voted to reject what the company's management says is its "final" offer after nearly six weeks of labour action.
Read more >
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: Bank of Canada speech Nicolas Vincent, the external non-executive deputy governor of the Bank of Canada, will give a speech to the Chamber of Commerce of Metropolit
Read more >