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National Business
National Business
Letko Brosseau and Brandes to oppose Dorel privatization despite sweetened offer
MONTREAL — Two large shareholders of Dorel Industries Inc. say they will vote against a proposal to take the company private despite a move by Cerberus Capital Management LP to raise its offer.
Feb 2, 2021 1:49 PM
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Imperial Oil reports $1.15B loss on writedown, sees pandemic-related fuel demand cut
CALGARY — Sagging fuel demand due to lockdowns to deal with a second wave of the COVID-19 pandemic is again cutting into volumes and returns at refineries at Imperial Oil Ltd. after a recovery last fall, CEO Brad Corson said Tuesday.
Feb 2, 2021 1:27 PM
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Brookfield Property Partners swings to Q4 loss despite improved investment activity
TORONTO — Brookfield Property Partners LP says it swung to a loss in its latest quarter despite seeing a significant pickup in private real estate investment activity.
Feb 2, 2021 12:41 PM
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Brookfield Infrastructure selling Enwave business for US$4.1 billion
TORONTO — Brookfield Infrastructure has signed deals totalling US$4.1 billion to sell Enwave, its North American district energy business.
Feb 2, 2021 11:35 AM
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Regulators eye Reddit stock rallies, but manipulation may be hard to prove: Experts
TORONTO — Canadian regulators have said they will act if they see "abusive" or "manipulative" trading, as Reddit and other social media sites stoke stock mania.
Feb 2, 2021 10:12 AM
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MDA starts working on Radarsat-2 surveillance satellite replacement
BRAMPTON, Ont. — MDA says it has started work on a replacement for its Radarsat-2 surveillance satellite. The company did not say how much the new project would cost or provide a timeline for a launch.
Feb 2, 2021 10:10 AM
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Anticipation of pandemic's demise fuels resurgence in Toronto condo market
When Sajeela Siddiqui planned to buy her first home during a pandemic, she looked to move outside of the Greater Toronto Area like so many others in search of more space. But after seeing a bloated market in cities as far as Waterloo, Ont.
Feb 2, 2021 10:00 AM
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Canadian production company Shaftesbury forms strategic partnership with AMC Networks
TORONTO — Canadian production company Shaftesbury of "Murdoch Mysteries" fame has formed a new strategic partnership with AMC Networks in the U.S., which it says might result in more of its shows winding up on American television.
Feb 2, 2021 9:52 AM
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Euro economy burdened by pandemic, seen lagging US and China
FRANKFURT — The European economy shrank 0.7% in the last three months of 2020 as businesses were hit by a new round of lockdowns aimed at containing a resurgence of the coronavirus pandemic.
Feb 2, 2021 9:37 AM
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Biden meets Republicans on virus aid, but no quick deal
WASHINGTON — President Joe Biden told Republican senators during a two-hour meeting Monday night he's unwilling to settle on an insufficient coronavirus aid package after they pitched their slimmed down $618 billion proposal that's a fraction of the
Feb 1, 2021 9:55 PM
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