Recent Business Headlines
at 09:16 on February 09, 2016, EST.
Fortis to buy U.S. electric transmission company ITC in US$11.3 billion deal
ST. JOHN'S, N.L. - Fortis Inc. has a friendly US$11.3-billion deal to buy U.S. electric transmission company ITC, the latest acquisition south of the border for the Newfoundland-based utility company.
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at 09:40 on February 09, 2016, EST.
Cineplex reports record Q4 results, 'Star Wars' the top box office draw
TORONTO - The Force was with Cineplex last year as the latest instalment in the "Star Wars" saga helped propel the theatre chain to its best-ever annual and fourth-quarter financial results.
at 08:28 on February 09, 2016, EST.
Calgary-based fertilizer producer Agrium sees Q4 profit jump to US$200 million
CALGARY - Agrium Inc. (TSX:AGU) says it reaped a substantial increase in profit last year, bolstered by a strong fourth quarter.
at 04:00 on February 09, 2016, EST.
Canadian investors staying the course despite market volatility: poll
TORONTO - Falling stock markets have not changed how most Canadian investors view their portfolios, a new poll suggests.
at 18:01 on February 08, 2016, EST.
Great Lakes agency asks Ottawa for infrastructure spending for two icebreakers
MONTREAL - Shippers on the Great Lakes and St. Lawrence Seaway want the Canadian government to fund a couple of new heavy icebreakers for the waterways, possibly using money from its widely touted infrastructure program.
at 17:05 on February 08, 2016, EST.
In face of stock market losses, investors flock to safety of gold
TORONTO - Investors flocked to the safety of gold stocks Monday as the Toronto stock market closed sharply lower, pulled down by weakness in the energy and financial sectors.
at 16:56 on February 08, 2016, EST.
Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange:
at 13:55 on February 08, 2016, EST.
Mazda recalls SUVs due to risk of fuel filler pipe ruptures
DETROIT - Mazda is recalling some 237,000 SUVs, including about 48,400 in Canada, because the fuel filler pipe can rupture in a rear crash and cause a gas leak and possible fire.
at 13:15 on February 08, 2016, EST.
Panasonic buying Ontario company behind the iQTouch restaurant sales terminals
MISSISSAUGA, Ont. - Panasonic Canada has a deal to buy Quickservice Technologies Inc., an Ontario company that developed the iQTouch sales terminals and software for restaurants.
at 10:17 on February 08, 2016, EST.
National Bank to write off investment after Germany shuts down Maple Bank
MONTREAL - National Bank (TSX:NA) says it will write off the $165 million value of its investment in Toronto-based Maple Financial Group, which operates Maple Bank in Germany.
at 09:00 on February 08, 2016, EST.
Statistics Canada says value of building permits in December climbs to $6.9B
OTTAWA - Statistics Canada says the total value of building permits issued by Canadian municipalities rose 11.3 per cent to $6.9 billion in December.
at 08:52 on February 08, 2016, EST.
Amaya: Four employees may join CEO David Baazov in buying PokerStars owner
MONTREAL - The owner of PokerStars and other online gambling sites says several of its employees may be joining an effort to take the company private.
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