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National Business
National Business
Sobeys data breach serves as wake-up call for industry: expert
MONTREAL — A recent data breach on Sobeys has revealed a larger issue in Canada's agri-food sector, an expert said.
Nov 11, 2022 12:26 PM
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Despite FTX crisis, it's not the end for the crypto sector, says industry insider
TORONTO — It's been a wild week in the crypto market following the collapse of exchange platform FTX, but an industry insider says that while the situation is probably one of the most unfortunate events in the history of the asset class, it's not the
Nov 11, 2022 11:58 AM
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Biden tightens methane emissions rule amid push for more oil
SHARM EL-SHEIKH, Egypt (AP) — The Biden administration on Friday ramped up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy producers for more oil dr
Nov 11, 2022 11:21 AM
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Manulife to appoint former Teck Resources CEO Don Lindsay as board chair in February
TORONTO — Manulife Financial Corp. says it will name Don Lindsay as chair of the company's board early next year. Lindsay will replace John Cassaday, who will retire in February after 30 years on the Manulife board, including the past five as chair.
Nov 11, 2022 10:07 AM
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Gerry Schwartz to step down as CEO at Onex, Bobby Le Blanc named next CEO
TORONTO — Gerry Schwartz, founder of Toronto-based private equity firm Onex Corp., will step down from his role as CEO of the company after nearly 40 years. The billionaire, who turns 81 this month, will remain chairman of Onex.
Nov 11, 2022 9:10 AM
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UN, Russia hold talks on extending wartime grain deal
GENEVA (AP) — Top Russian and U.N.
Nov 11, 2022 8:59 AM
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Emera puts clean energy projects in Nova Scotia on hold after rate cap
HALIFAX — Emera Inc. is putting capital spending on clean energy projects in Nova Scotia on hold as it works through the consequences of the Nova Scotia government's imposed rate cap on the parent company of Nova Scotia Power.
Nov 11, 2022 8:36 AM
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Thomson Reuters plans to acquire SurePrep in US$500 million deal
TORONTO — Thomson Reuters Corporation says it has signed a deal to acquire U.S. company SurePrep, LLC, in a transaction worth US$500 million.
Nov 11, 2022 7:54 AM
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Algonquin Power & Utilities reports Q3 loss, cuts guidance for full year
OAKVILLE, Ont. — Algonquin Power & Utilities Corp. reported a $195.2-million loss in its latest quarter and cut its financial guidance for the year. The power utility, which keeps its books in U.S.
Nov 11, 2022 5:30 AM
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Hydro One reports $307M third-quarter profit, up from $300M a year ago
TORONTO — Hydro One Ltd. reported a third-quarter profit of $307 million, up from $300 million in the same quarter last year. The power utility says the profit amounted to 51 cents per diluted share for the quarter ended Sept. 30.
Nov 11, 2022 5:29 AM
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