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National Business
National Business
N.L. oil regulator releases call for offshore exploration bids after federal delay
ST. JOHN'S, N.L. — Newfoundland and Labrador's oil industry regulator is releasing its 2022 call for bids on new offshore exploration licences.
May 11, 2022 3:12 PM
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US inflation dips from 4-decade high but still causing pain
WASHINGTON (AP) — Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making it hard for millions of American households to keep up with surging prices. Consumer prices jumped 8.
May 11, 2022 2:33 PM
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Freedom Mobile sale not enough to allow Rogers-Shaw deal: Competition Bureau filing
OTTAWA — Plans by Rogers Communications Inc. and Shaw Communications Inc. to sell Shaw's wireless businessdo not outweigh the harm that the companies' proposed merger would cause, the Competition Bureau has argued in court documents.
May 11, 2022 1:44 PM
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Scotiabank no longer a member of oil and gas lobby group CAPP
CALGARY — Scotiabank has chosen not to renew its long-running membership in the Canadian Association of Petroleum Producers, a move that comes at a time when financial institutions are facing growing scrutiny for their role in contributing to climate
May 11, 2022 1:41 PM
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Aurora Cannabis to close outdoor growing facility in B.C. amid Thrive deal
EDMONTON — Aurora Cannabis Inc. says it will wind down operations at an outdoor grow site in the B.C. Interior.
May 11, 2022 9:32 AM
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Space technology firm MDA reports Q1 profit, revenue up 4% from year ago
BRAMPTON, Ont. — MDA Ltd. reported net income of $8.4 million in its first quarter compared with a net loss of $1.6 million in the same quarter last year as its revenue edged up four per cent.
May 11, 2022 8:31 AM
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Sri Lanka deploys troops in capital after violence, protests
COLOMBO, Sri Lanka (AP) — Sri Lankan authorities deployed armored vehicles and troops on the streets of the capital Wednesday, two days after pro-government mobs attacked peaceful protesters, triggering a wave of violence across the country.
May 11, 2022 5:53 AM
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Gasoline prices push record highs as demand surges, supply constrained
TORONTO — Drivers can expect more pain at the pumps this morning as gasoline prices push new records. Natural Resources Canada says the average price across the country for regular gasoline hit 197.4 cents per litre on Tuesday for an all-time high.
May 11, 2022 4:00 AM
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Pot shop sales data was 'misappropriated,' Ontario cannabis distributor says
TORONTO — The Ontario Cannabis Store says a data breach involving some of its sales information is being investigated by the Ontario Provincial Police.
May 10, 2022 8:59 PM
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Strong earnings by Suncor may not be enough to fend off shareholder pressure: experts
CALGARY — Suncor Energy Inc. now has strong first-quarter earnings in its arsenal and a publicized plan to improve worker safety, but some observers say that won't be enough for the Calgary-based oil giant to fend off an aggressive activist investor.
May 10, 2022 7:16 PM
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