Business

A $15-billion bid by China's state-owned offshore oil company for Canada's Nexen Inc., "raises a range of difficult policy questions," Prime Minister Stephen Harper said Thursday.

The bankrupt maker of the Twinkies snack cake, Hostess Brands Inc., received court permission to impose a pay-cutting collective bargaining agreement on thousands of workers in a bakery union.

An improvement on the Toronto Stock Exchange in the third quarter helped improve the health of Canadian pension plans.

American retail giant Target announced Thursday that Glentel Inc. has been chosen to handle mobile communications offerings at Target stores in Canada.

The U.S. trade representative has started an inquiry under the North American Free Trade Agreement to determine if the Nova Scotia government has offered improper subsidies to a Cape Breton paper mill.

The micro-condominium units proposed for the Jan-ion Hotel redevelopment would be priced between $100,000 and $150,000, delivering a new type of real estate offering to the capital region.

An economist says one of the simplest ways British Columbia can get its fair share of oil pipeline revenues is by imposing higher property taxes on those projects.

A group of companies headed by SNC-Lavalin has been selected to build the next rapid transit line in Metro Vancouver. The B.C.

More than a billion people now log into Facebook each month to check up on old friends, tag photos of new ones and post about politics, religion, cats or what their kids are doing.

The Alberta government says there won't be any charges against two oilsands companies that own tailings ponds in northern Alberta where hundreds of ducks died two years ago.