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Suncor Energy earns $877M on increased production; doubles dividend

Suncor Energy earns $877M on increased production; doubles dividend

CALGARY — Suncor Energy Inc. says it earned a net profit of $877 million in its latest quarter as it continued to pay down debt and ramp up production in the wake of higher oil prices.
Saskatchewan premier cancels outdoor ceremony at legislature due to 'recent threats'

Saskatchewan premier cancels outdoor ceremony at legislature due to 'recent threats'

REGINA — Presenting a message of optimism, Saskatchewan Premier Scott Moe says the province's best days are coming as his government laid out its agenda for the fall session of the legislature. In the throne speech Wednesday, Lt.-Gov.
West Fraser sees big gain in Q3 from Norbord addition, but results weaker than Q2

West Fraser sees big gain in Q3 from Norbord addition, but results weaker than Q2

VANCOUVER — West Fraser Timber Co. Ltd. says the addition of Norbord increased its third-quarter results from a year ago but B.C. wildfires and lower lumber prices contributed to a weakening from the second quarter.

Cuts expected in TTC service when vaccine mandate kicks in: agency

Toronto's transit agency is temporarily reducing service on some routes for the next two months to deal with an anticipated staff shortage due to its mandatory COVID-19 vaccine policy.
S&P/TSX composite drops, loonie gains in reaction to hawkish Bank of Canada outlook

S&P/TSX composite drops, loonie gains in reaction to hawkish Bank of Canada outlook

TORONTO — Canada's main stock index suffered its worst day in about a month while the loonie climbed higher after the Bank of Canada moved up its timeline for raising interest rates. "Traders are interpreting ...

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,954.99, down 218.46 points.) Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Down 80 cents, or 4.3 per cent, to $17.
Starbucks Canada raising wages amid 'critical staffing shortages'

Starbucks Canada raising wages amid 'critical staffing shortages'

TORONTO — Starbucks Canada says it's raising wages and benefits amid "critical staffing shortages" and a renewed commitment to the well-being of its workers.
Even with ongoing power struggle, Rogers deal is still worth it for Shaw: experts

Even with ongoing power struggle, Rogers deal is still worth it for Shaw: experts

TORONTO — Executives at Shaw Communications Inc. are sure to be watching closely as a battle for control at Rogers Communications Inc.
Bank of Canada warns on prolonged inflation, but hints at looming hike in rates

Bank of Canada warns on prolonged inflation, but hints at looming hike in rates

OTTAWA — The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be coming sooner than expected.
Teck Resources reports record profits in Q3 as global commodities surge

Teck Resources reports record profits in Q3 as global commodities surge

CALGARY — Surging global commodity prices helped lift Teck Resources Ltd. to a record third quarter and the company said Wednesday it's on track to surpass those results in the fourth quarter of this year.
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