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Alberta court certifies class action alleging Uber workers are employees

Alberta court certifies class action alleging Uber workers are employees

CALGARY — A pair of law firms say an Alberta court has certified a class action alleging Uber Technologies Inc. has so much control over drivers and couriers in the province that it constitutes employment.
Imperial Oil remains confident in renewable diesel project; construction progresses

Imperial Oil remains confident in renewable diesel project; construction progresses

CALGARY — Imperial Oil Ltd. provided an update on what will be Canada's largest renewable diesel facility, saying construction of the complex near Edmonton is going well and should be completed sometime next spring.
Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge makes progress on utility purchases; raises earnings forecast

CALGARY — Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities.
July auto sales bounce back after software outage: DesRosiers

July auto sales bounce back after software outage: DesRosiers

TORONTO — DesRosiers Automotive Consultants says July sales bounced back after a flat performance a month earlier when dealerships were dealing with a major software outage.
Vancouver's July home sales slid 5% from last year, listings up 20%

Vancouver's July home sales slid 5% from last year, listings up 20%

VANCOUVER — Greater Vancouver Realtors says last month's home sales in the region dropped five per cent from a year ago, even as the number of new listings jumped 20 per cent.
Alberta renewable energy pause has left legacy of cancelled development: study

Alberta renewable energy pause has left legacy of cancelled development: study

EDMONTON — Alberta's seven-month moratorium on renewable power approvals has left a legacy of dozens of cancelled projects and legal uncertainty, says an analysis done on the one-year anniversary of the move.
Auto parts maker Magna International sees Q2 net income hit US$328 million

Auto parts maker Magna International sees Q2 net income hit US$328 million

AURORA, ONTARIO — Magna International Inc. says its second-quarter profit tumbled from a year ago to US$328 million. The Aurora, Ont.-based auto parts manufacturer, which keeps its books in U.S.
Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points

Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points

NEW YORK (AP) — Just a day after rallying on hopes that the Federal Reserve is about to cut interest rates , U.S.
Open Text Corp. earns US$248.2 million in fourth quarter

Open Text Corp. earns US$248.2 million in fourth quarter

WATERLOO, ONT. — Open Text Corp. says it earned US$248.2 million in its fourth quarter, up from a loss of US$48.7 million a year earlier. The Waterloo, Ont.-based company says revenues for the quarter totalled US$1.4 billion, down from US$1.
S&P/TSX composite drops almost 400 points Thursday, U.S. markets also fall

S&P/TSX composite drops almost 400 points Thursday, U.S. markets also fall

TORONTO — Canada's main stock index more than wiped out its gains from the day before on Thursday, declining 1.7 per cent with most major sectors down, while U.S. markets also fell. The S&P/TSX composite index closed down 387.60 points at 22,723.
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