Business

Expansion at Interurban campus will double trades training space

A new report suggests takeover and merger activity in the global mining sector has slowed significantly this year due to lower commodity prices but Canadian companies remain leading deal-makers.

Oak Bay Marine Group president starts succession plan next week

An Ontario judge has certified a $1-billion class-action lawsuit against SNC-Lavalin on behalf of investors who saw the value of their investment in the company plummet following revelations of mysterious payments in North Africa.

The same day shareholders of a Calgary-based energy company agreed to a takeover bid by a state firm from China, Canada's spy agency is warning such purchases can pose a threat to national security.

Dubai's government-backed port operator DP World says it has sold off stakes in port businesses in Belgium and Yemen. The company sold its 60 per cent stake in Belgium's DP World Breakbulk NV and AProjects NV to a buyer named Orienta NV.

The Harper government is spelling out proposed changes to the employment insurance system to help parents of sick children. Human Resources Minister Diane Finley has tabled legislation that would provide EI benefits to such parents.

The largest organics biofuel facility in Canada will be built in Surrey as a way to divert waste from the landfill and turn it into natural gas.

Samsung Electronics says it plans to add the iPhone 5, set to be released in Canada today, to the list of Apple devices that it claims infringes its patents in a California court case.

Taseko Mines Ltd. said Thursday it has formally submitted an environmental impact statement for its $1.1-billion New Prosperity project in B.C. in a renewed bid to build the mine that was rejected in 2010.