Skip to content

National Business

Developers cancel long-delayed, $8B Atlantic Coast Pipeline

Developers cancel long-delayed, $8B Atlantic Coast Pipeline

RICHMOND, Va. — The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.

Ubisoft shakes up executive ranks, begins process to deal with harassment

TORONTO — A Paris-based game software developer with offices in several Canadian cities is making changes in response to complaints against several executives, including a vice-president based in Toronto.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Business outlook Bank of Canada will release its business outlook survey and Canadian survey of consumer expectations on Monday.
Cineplex sues former buyer Cineworld, seeking damages over failed deal

Cineplex sues former buyer Cineworld, seeking damages over failed deal

TORONTO — Cineplex Inc. has filed a lawsuit against its former suitor Cineworld Group PLC, seeking damages over the U.K. company's failed acquisition that could exceed the $2.18 billion outstanding on the deal.
Cirque du Soleil creditors oppose recovery strategy proposed by owners

Cirque du Soleil creditors oppose recovery strategy proposed by owners

MONTREAL — Cirque du Soleil creditors who are unhappy with its recovery plan will oppose the purchase agreement between the entertainment company and its current shareholders, which they claim is "doomed to fail.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,596.75, down 25.65 points.) Harte Gold Corp. (TSX:HRT). Materials. Up three cents, or 23.08 per cent, to 16 cents on 4.
Saskatchewan expanding visits to long-term care homes during COVID-19 pandemic

Saskatchewan expanding visits to long-term care homes during COVID-19 pandemic

REGINA — Saskatchewan is expanding its COVID-19 guidelines for visiting long-term care homes next week.
S&P/TSX composite ends solid week directionless with U.S. markets closed

S&P/TSX composite ends solid week directionless with U.S. markets closed

TORONTO — Canada's main stock index wrapped up a solid week on a down note while U.S. markets were closed for the Independence Day holiday.

Advocates say new bill gives an unfair advantage to landlords over tenants

TORONTO — Ontario tenants' rights advocates are voicing concerns over a new bill they say will make it easier for landlords to obtain evictions once the COVID-19 crisis eases.
Greater Vancouver home sales start to tick up, with prices holding steady

Greater Vancouver home sales start to tick up, with prices holding steady

VANCOUVER — Home sales in the Greater Vancouver area are starting to return to more typical levels after dipping to four-decade lows in April, while prices continue to edge up from 2019. Residential sales last month reached 2,443, a 64.