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Oaktree Capital Management investing $150 million Aecon Utilities
TORONTO — Aecon Group Inc. has signed a deal that will see Oaktree Capital Management LP invest $150 million in the company's utility infrastructure services business. Under the agreement, Oaktree will acquire a 27.
Oct 23, 2023 9:28 AM
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Tech group calls on feds to take action on boosting semiconductor industry
A group of technology organizations is calling on the federal government to bolster Canada's semiconductor industry or risk talent and companies moving elsewhere.
Oct 23, 2023 9:00 AM
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First Quantum says Cobre Panamá deal with government in Panama now law
TORONTO — First Quantum Minerals Ltd. says the bill enacting its mining concession contract for its Cobre Panamá copper mine has become law.
Oct 23, 2023 8:07 AM
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Stock market today: Wall Street drifts lower as pressure rises from the bond market
NEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
Oct 23, 2023 7:42 AM
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Refinance or renew? How to choose when mortgage renewal creates sticker shock
MONTREAL — Many Canadian homeowners are facing sticker shock with their monthly payments as their mortgage comes up for renewal, leaving them with a crucial choice: whether to renew or refinance their home loan.
Oct 23, 2023 6:16 AM
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Business groups call on Ottawa to intervene as St. Lawrence Seaway strike begins
MONTREAL — Business groups urged the federal government to intervene to void a lengthy labour dispute at the St. Lawrence Seaway amid concerns that a strike that began early Sunday could have a profound affect on their members. The St.
Oct 22, 2023 4:08 PM
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BoC expected to hold key interest rate steady at 5% amid 'sluggish' economy
OTTAWA — The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates and inflation resumes its downward trend.
Oct 22, 2023 9:56 AM
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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: Oilpatch earnings PrairieSky Royalty Ltd.
Oct 22, 2023 8:00 AM
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EVs are getting easier to find — but with price tags out of reach for many Canadians
TORONTO — Canada's electric vehicle market keeps getting bigger, but that's not necessarily good news for consumers — or the environment.
Oct 22, 2023 8:00 AM
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How an award-winning Halifax professor nurtured a network of battery entrepreneurs
HALIFAX — They call themselves the "Dahn lab" graduates, and they're powering an unlikely, Halifax-based research hub for batteries designed to replace fossil fuels.
Oct 22, 2023 4:00 AM
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