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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.
Jan 27, 2025 7:44 AM
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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.
Jan 27, 2025 5:52 AM
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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.
Jan 27, 2025 5:47 AM
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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.
Jan 27, 2025 2:00 AM
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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.
Jan 26, 2025 9:02 PM
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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: Metro results Metro Inc. is expected to release its first-quarter results on Tuesday and hold its annual meeting of shareholders.
Jan 26, 2025 8:00 AM
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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.
Jan 26, 2025 6:36 AM
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'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.
Jan 26, 2025 4:00 AM
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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.
Jan 25, 2025 12:56 PM
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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.
Jan 25, 2025 10:57 AM
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