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Newmont selling Porcupine operation to Discovery Silver in deal worth US$425 million

Newmont selling Porcupine operation to Discovery Silver in deal worth US$425 million

TORONTO — Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth US$425 million.
Asset manager seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

Asset manager seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora is opposed to U.S.
Asset manager seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

Asset manager seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora is opposed to U.S.
Economists expecting sixth straight — but more modest — rate cut from Bank of Canada

Economists expecting sixth straight — but more modest — rate cut from Bank of Canada

TORONTO — Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light of recent inflation and jobs data, bringing it down to three per cent.
White House says Colombia agrees to take deported migrants after Trump tariff showdown

White House says Colombia agrees to take deported migrants after Trump tariff showdown

BOGOTA, Colombia (AP) — The White House claimed victory in a showdown with Colombia over accepting flights of deported migrants from the U.S.
Five things to watch for in the Canadian business world in the coming week

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: Metro results Metro Inc. is expected to release its first-quarter results on Tuesday and hold its annual meeting of shareholders.
Freighter on the move after it was freed from ice on frozen Lake Erie

Freighter on the move after it was freed from ice on frozen Lake Erie

BUFFALO, N.Y. (AP) — A freighter was on its way to Canada on Sunday after it was freed from ice that trapped it in a frozen Lake Erie for days, the U.S. Coast Guard said.
'Turning point': Rent prices should see relief this year, but markets still tight

'Turning point': Rent prices should see relief this year, but markets still tight

For Canadian renters, it may feel like the years since the COVID-19 pandemic have brought one hit after another. After a 4.6 per cent increase in the average asking price of a rental unit in 2021, monthly payments surged 12.
Equinor hires companies for work on stalled Bay du Nord oilfield off Newfoundland

Equinor hires companies for work on stalled Bay du Nord oilfield off Newfoundland

ST. JOHN'S, N.L. — Norwegian energy giant Equinor has contracted two companies to do preliminary work for the stalled Bay du Nord offshore oil project in Newfoundland and Labrador.
CN Rail signal union issues 72-hour strike notice

CN Rail signal union issues 72-hour strike notice

MONTREAL — The International Brotherhood of Electrical Workers says it has given Canadian National Railway a 72-hour strike notice. The union represents about 750 employees at CN who work in signals and communications.
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