The Canadian and Alberta governments said on Wednesday they will spend C$779 million ($756 million) on a carbon capture project planned by TransAlta Corp, their second such funding announcement in less than a week.
The Unite trade union said on Tuesday it had struck a deal to secure the future of GM Opel car plants in Britain after the planned sale of the carmaker, which makes Vauxhall cars in the UK, to Canada's Magna (MGa.TO).
Agreement between Magna and a UK labour union on Tuesday brought closer a final deal for General Motors [GM.UL] to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium.
The world needs to build 100 major projects for capturing and burying greenhouse gases by 2020 and thousands more by 2050 to help combat climate change, the head of the International Energy Agency said on Tuesday.
RioCan, the largest real estate investment trust in Canada, is getting closer to a major move into the United States -- even getting RBC Dominion Securities' opinion on a potential deal, the Financial Post reported on Monday.
General Motors Co GM.UL may finalize a deal this week to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium, its chief executive said on Tuesday, as the firm sheds unwanted brands.
Once swine flu patients are sick enough to need hospital care, they decline very fast, requiring ventilators and advanced treatments that quickly strain scarce hospital resources, several teams reported on Monday.
Germany could end up shouldering the entire burden of aid for Opel because Britain and Spain remain reluctant to support the planned sale of the carmaker to Canada's Magna, a Free Democrat (FDP) politician said.
Mining group Xstrata Plc agreed to sell its 70 percent interest in the El Morro copper-gold project in Chile for $465 million to Canada's Barrick Gold Corp, Xstrata said on Monday.
The American whiskey market may be back on a roll. The industry which produces Jack Daniel's and Jim Beam is seeing sales flatten in its domestic market but overseas business is booming and driving overall growth.
As the world wrestles with how to cut greenhouse gas emissions, new technologies are gearing up to grab climate-warming carbon right out of the air.
Canadian hedge funds may lose more than 20 percent of their business if the European Union approves a proposed directive restricting foreigners' ability to sell into the EU, a top fund manager said on Thursday.
Canada's largest public sector union said on Friday that the strong Canadian dollar is hurting manufacturers and called on the government to take action to help pull the currency closer to its historic range.
Hungarian oil and gas firm MOL said on Friday it is still testing for gas at the Foldeak-1 well in its Mako Trough deposit, meaning suggestions the tests have failed are premature.
Canadian retailer Dollarama Inc, backed by private equity firm Bain Capital, priced its initial public offering of 17.14 million shares at C$17.50 ($16.60) a share, on the Toronto Stock Exchange.
The dollar rose from a 14-month low against a basket of currencies on Friday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank will be ready to tighten monetary policy as a recovery takes hold.
Canadian employers hired six times more workers than expected in September, knocking down the unemployment rate for the first time since July 2008 in another sign the economy is rebounding from a deep recession.
Comedian Lewis Black has been making people laugh with his take-no-prisoners approach to whatever pops up in his cross-hairs -- government, milk, official tips on how to survive a nuclear blast.
The Canadian Auto Workers expect to return to full scale formal contract negotiations with U.S. automaker Ford Motor Co on October 26, the union said on Thursday.
Canada's Sandvine Corp posted a narrower third-quarter loss, helped by higher revenue and lower cash operating expenses. The company, which helps broadband and telecom operators manage data traffic, posted net loss of C$4.4 million, or 3.2 Canadian cents a share, compared with a loss of C$6.3 million, or 4.6 Canadian cents a share in the year-ago quarter.
Canada's dollar rose against theU.S. currency early on Thursday on the backdrop of highercommodity prices and growing expectations that domestic jobsdata due later this week could be better than expected.
A group of creditors led by Bank of Nova Scotia (BNS.TO) will run the daily newspapers owned by Canwest Global Communications Corp (CGS.TO), which announced a long-awaited recapitalization plan this week, the Globe and Mail reported on its website.
