Â鶹ÊÓƵ

Skip to content

National Business

Domtar shareholders overwhelmingly approve takeover by B.C.'s Paper Excellence

Domtar shareholders overwhelmingly approve takeover by B.C.'s Paper Excellence

FORT MILL, S.C. — Domtar Corp. shareholders have overwhelmingly approved a takeover of the paper producer by B.C.-based Paper Excellence. More than 81 per cent of outstanding shares were voted in favour of the merger at a special meeting.
N.L. oil refinery with uncertain future has new buyer interested in renewable fuels

N.L. oil refinery with uncertain future has new buyer interested in renewable fuels

COME BY CHANCE, N.L. — An idled oil refinery in the Newfoundland and Labrador town of Come By Chance has found a buyer.
Software developers' perceived race may affect success of their proposals: study

Software developers' perceived race may affect success of their proposals: study

A new study from University of Waterloo researchers shows developers perceived to be non-white are much less likely to see their proposed changes to open-source software projects accepted.
Strong lumber prices boost Resolute second quarter results at revenues nearly double

Strong lumber prices boost Resolute second quarter results at revenues nearly double

MONTREAL — Resolute Forest Products Inc. is reporting a very strong second quarter as net income soared on a near doubling of revenues as prices reached record highs.
Suncor Energy cuts guidance for Fort Hills due to slope instability at mine site

Suncor Energy cuts guidance for Fort Hills due to slope instability at mine site

CALGARY — Suncor Energy Inc. said Thursday it will produce less bitumen than expected this year from its Fort Hills oilsands mine.
Agnico Eagle profit soars amid higher sales, increasing metal prices

Agnico Eagle profit soars amid higher sales, increasing metal prices

TORONTO — Agnico Eagle Mines Ltd. says its profit rose in its latest quarter as it benefited from an increase in sales volumes and higher realized metal prices. The Canadian gold mining company reported a second-quarter net income of US$189.
Second-hand goods can fetch a pretty penny, if you follow these resale experts' tips

Second-hand goods can fetch a pretty penny, if you follow these resale experts' tips

TORONTO — Canadians who rooted around dusty basements or tackled overflowing closets during the pandemic are keeping vintage stores, auction houses and resale websites busy as they try to get rid of their finds.
West Fraser Q2 profits surge as revenues more than quadruple on Norbord acquisition

West Fraser Q2 profits surge as revenues more than quadruple on Norbord acquisition

VANCOUVER — West Fraser Timber Co. Ltd. says its profits surged in the second quarter as revenues more than quadrupled following the acquisition of Norbord. The Vancouver-based forestry company says it earned US$1.49 billion or $12.
US jobless claims down 24,000 to 400,000 as economy recovers

US jobless claims down 24,000 to 400,000 as economy recovers

WASHINGTON (AP) — The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession.
Spanish judge recommends Shakira face tax fraud trial

Spanish judge recommends Shakira face tax fraud trial

BARCELONA, Spain (AP) — A Spanish judge investigating alleged tax fraud by Colombian musician Shakira recommended on Thursday that the case go to trial after concluding there is evidence that the pop star could have avoided her fiscal obligations to
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks