Skip to content
-0.8 °Cforecast >
Partly Cloudy

National Business

British regulator accuses Canadian drug firm of abusing market dominance

OAKVILLE, Ont. — Britain's competition regulator is accusing Canadian specialty drug company Concordia International Corp. of overcharging for a thyroid drug after raising the price by nearly 6,000 per cent between 2007 and 2017.

What happens once 'net neutrality' rules bite the dust?

NEW YORK — The Federal Communications Commission formally released a draft of its plan to kill net-neutrality rules , which equalized access to the internet and prevented broadband providers from favouring their own apps and services.
CPPIB buying 30 per cent interest in BGL Group for $1.1 billion

CPPIB buying 30 per cent interest in BGL Group for $1.1 billion

TORONTO — The Canada Pension Plan Investment Board has signed a $1.1-billion deal to acquire a 30 per cent stake in BGL Group, a digital distributor of insurance and financial services. BGL Group's brands include Comparethemarket.com, LesFurets.
Uber hack latest example of why vigilance required to keep your wallet safe

Uber hack latest example of why vigilance required to keep your wallet safe

OTTAWA — When Doug Hoyes had his credit card information stolen, fraudsters used it to pay for three taxi rides in Toronto.

Wellsite pipeline leak spills 560 barrels of oil emulsion into Alberta swamp

CALGARY — The Alberta Energy Regulator says a pipeline owned by Calgary-based Mount Bastion Oil & Gas Corp. has leaked about 560 barrels of an oil and water mixture at a northern Alberta wellsite.

First LNG shipment leaves B.C. for China as industry looks to expand exports

SURREY, B.C. — FortisBC says it has shipped 950 gigajoules of liquefied natural gas from Vancouver to China, marking the industry's first shipment to the Asian country.
TSX, Wall St. flat ahead of U.S. Thanksgiving, as commodity prices gain ground

TSX, Wall St. flat ahead of U.S. Thanksgiving, as commodity prices gain ground

TORONTO — With the U.S. Thanksgiving holiday approaching, North American stock indices were little changed Wednesday as commodities prices surged and the loonie gained ground. The Toronto Stock Exchange's S&P/TSX composite index edged down 3.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,073.58, down 3.07 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 35 cents, or 5.77 per cent, to $6.42 on 13.3 million shares.
Canadian grocers expand online services after Amazon acquires Whole Foods chain

Canadian grocers expand online services after Amazon acquires Whole Foods chain

VANCOUVER — Metro Inc. is looking to expand its online grocery offerings to Ontario next year, making it the latest Canadian retailer to ramp up its e-commerce options in the face of potential competition from Amazon.
Fed minutes show general support for 3rd rate hike this year

Fed minutes show general support for 3rd rate hike this year

WASHINGTON — Federal Reserve officials generally believe that it'll soon be time for another increase in the Fed's key interest rate.