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CRTC sides with Bell in arbitration proceeding with Quebecor over MVNO data rates
OTTAWA — Canada's telecommunications regulator has sided with BCE Inc. in a final offer arbitration proceeding between that company and Quebecor Inc. over wholesale mobile virtual network operator (MVNO) data rates.
Oct 11, 2023 1:00 PM
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Exxon Mobil doubles down on fossil fuels with $59.5 billion deal for Pioneer Natural as prices surge
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.
Oct 11, 2023 12:34 PM
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Statistics Canada reports value of building permits up 3.4% in August
OTTAWA — Statistics Canada says the total monthly value of building permits in Canada rose 3.4 per cent in August to $11.9 billion, as gains in the non-residential sector offset modest declines in residential construction plans.
Oct 11, 2023 10:12 AM
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Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
WASHINGTON (AP) — U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates.
Oct 11, 2023 9:22 AM
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Velan CEO Bruno Carbonaro resigns, board chair James Mannebach named interim CEO
MONTREAL — Velan Inc. says Bruno Carbonaro has resigned as chief executive and a director of the company. The maker of industrial valves says board chair James Mannebach has been named interim CEO.
Oct 11, 2023 8:44 AM
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MTY Food Group reports third-quarter profit and revenue up from year ago
MONTREAL — MTY Food Group Inc. reported its third-quarter profit rose compared with a year ago as its revenue gained 74 per cent. The restaurant company says its net income attributable to owners totalled $38.9 million or $1.
Oct 11, 2023 8:12 AM
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Independent grocers call for milk price pause amid pressure to keep food costs down
TORONTO — The Canadian Federation of Independent Grocers is calling on the Crown corporation that manages dairy supply and pricing to hit pause on any further increases to milk prices amid political pressure to keep food prices down.
Oct 10, 2023 7:16 PM
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Food industry leaders launch alliance to champion net zero in agri-food sector
TORONTO — A group of leaders in the agriculture and food industries is launching a national alliance to work toward achieving net zero in Canada's agri-food sector by 2050.
Oct 10, 2023 7:10 PM
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BMO Capital Markets head Dan Barclay to retire, to be replaced by Alan Tannenbaum
TORONTO — BMO Capital Markets' chief executive and group head Dan Barclay is set to retire after a 32-year investment banking career as of Nov. 1.
Oct 10, 2023 5:13 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,501.20, up 255.13 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $4.58, or 5.46 per cent, to $88.54 on 11.
Oct 10, 2023 4:49 PM
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