Business

Fortis Inc. is reporting lower third-quarter net earnings, with the power producer and electricity and natural gas distributor citing foreign exchange reverses and acquisition-related expenses.

Telecom, mining hold back TSX >B4

The owner of the Mr. Christie plant in Toronto says it will close the cookie factory in the third quarter of 2013, putting some 550 employees out of work.

Greater Victoria’s unemployment rate dropped from 6.0 per cent to 5.6 per cent in October, as overall employment increased by 1,400 positions from September, according to figures released Friday by Statistics Canada.

TransCanada Corp. plans to invest about $1 billion US in a new natural gas pipeline in Mexico. The Calgary pipeline giant was awarded a contract to build, own and operate the pipeline by Mexico's federal power company.

Canadians will spend one to two per cent more this holiday season, but an increasing number will check for the best prices online before they head to the mall, a new study suggests.

Teck Resources has submitted a remediation plan to Environment Canada to clean up decades-old toxins that have seeped into the groundwater from its smelter in British Columbia.

Kellogg Co.'s net income edged up in the third quarter, as the breakfast giant benefited from its acquisition of Pringles chips.

The Quebec government has approved the sale of shipbuilder Davie Yards to British-Monaco company Zafiro Marine.

Moscow is reclaiming bragging rights for having Europe's tallest building after losing the distinction for a few months to London.