CALGARY — Three of Canada’s biggest oilsands producers are going directly to voters today to ask them to “influence the outcome” of big decisions concerning the oil and gas sector as a fall federal election looms.
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NEW YORK — It used to be considered the retailer’s crown jewel a large format store on a swank corridor that showed off the best of what a brand had to offer.
But now the so-called flagship store is disappearing from high-profile shopping thoroughfares like Manhattan’s Madison Avenue and Chicago’s Magnificent Mile because of skyrocketing rents and the shift to online shopping.
CALGARY — TC Energy Corp. says it is selling two Ontario natural gas-fired power plants and a 50 per cent interest in a third to a subsidiary of Ontario Power Generation Inc. for about $2.87 billion.
Shoppers at Sobeys Inc. grocery stores will soon need to bring their own totes or lug their purchases home in paper bags as the chain moves to phase out plastic bags by February 2020.
WASHINGTON — President Donald Trump promised on Friday to retaliate against France for adopting a pioneering tax on internet giants like Google, Amazon and Facebook.
He also managed to get in a shot at French wine. Trump, who doesn’t drink alcohol, tweeted: “I’ve always said American wine is better than French wine!”
FRANKFORT, Ky. — The company behind the world’s top-selling bourbon, Jim Beam, is pouring tens of millions of dollars into a new Kentucky distillery to boost production of craft whiskeys.
Brussels is bracing for Boris and Brexit.
Three decades ago, journalist Boris Johnson wrote stories for London's Daily Telegraph playing up stereotypes about bumbling bureaucrats in the European Union wasting money and tying up U.K. businesses in red tape—articles the European officials deemed to be so false that they coined the word “Euromyth” to describe them.
The C.D. Howe Institute says negatives will outweigh the positives for all three parties to the new Canada-United States-Mexico free trade agreement but it will hit Mexico hardest and the U.S. the lightest.
The United States reclaimed its ranking in the top five countries in the world for economic innovation, while China climbed from 17th to 14th position in the new list of nearly 130 nations released Wednesday.
MONTREAL — Crude-by-rail and container traffic drove Canadian National Railway Co. to its highest ever quarterly revenue and adjusted earnings per share, shoring up confidence in its EPS forecast of low double-digit growth for 2019.
The country’s largest railroad operator saw revenues rise nine per cent year over year to a record $3.96 billion last quarter.