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VANCOUVER -- A British Columbia court is set to rule Friday whether the province can restrict shipments of diluted bitumen through its borders, in what will be a crucial decision for the future of the Trans Mountain pipeline expansion.
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Shares of Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up.
The company's stock closed up 1.4% to $195.49 on a volatile day that started out with a loss.
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OTTAWA -- The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the measure to be changed.
President Evan Siddall says in a letter to the Standing Committee on Finance that the new measure is working as intended to lower house prices and protect Canadians from borrowing too much money.
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OTTAWA - Statistics Canada says wholesale sales rose 1.4 per cent to $64.1 billion in March.
Economists had expected an increase of 0.9 per cent, according to Thomson Reuters Eikon.
The growth came as sales gained in six of the seven subsectors, accounting for 82 per cent of total wholesale sales.
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Canada and the United States have announced a new agreement that would allow them to continue trading pigs and pork products in the event African swine fever is detected in either country.
In a joint statement, the chief veterinary officers of both countries said the Canadian Food Inspection Agency (CFIA) and the United States Department of Agriculture (USDA) have agreed to allow the safe trade of live swine, swine semen, pet food, animal by-products, and meat to continue if there’s an outbreak.
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U.S. stock indexes fell more than one per cent on Thursday, as investors sold off technology, industrials and energy stocks on fears that a spiraling trade war between the United States and China would crimp global growth.
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Canada and the United States have announced a new agreement that would allow them to continue trading pigs and pork products in the event African swine fever is detected in either country.
In a joint statement, the chief veterinary officers of both countries said the Canadian Food Inspection Agency (CFIA) and the United States Department of Agriculture (USDA) have agreed to allow the safe trade of live swine, swine semen, pet food, animal by-products, and meat to continue if there’s an outbreak.
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CALGARY -- Shell Canada says the Quest carbon capture and storage project north of Edmonton has reached the milestone of four million tonnes of stored carbon dioxide, equivalent to the annual emissions of about one million cars.
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TORONTO - TD Bank Group earned a second-quarter profit $3.17 billion, up from $2.92 billion in the same quarter last year.
The Toronto-based lender says the profit amounted to $1.70 per diluted share for the quarter ended April 30, up from $1.54 per share per share a year ago.
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DONKIN, N.S. - Nova Scotia's Labour Department has lifted a stop-work order imposed on a Cape Breton coal mine after a methane fire broke out Tuesday afternoon on one rock face.
Harold Carroll, the provincial Labour Department's executive director of occupational health and safety, said today the fire was caused by a mining machine striking a rock, causing sparks that ignited a small pool of methane.
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TORONTO - Royal Bank of Canada earned $3.23 billion in its latest quarter, helped by growth in its capital markets, personal and commercial banking and wealth management businesses.
The bank says the profit amounted to $2.20 per diluted share for the quarter ended April 30.
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