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Rogers-Shaw say mediation fails to resolve regulator's objections to deal

Rogers-Shaw say mediation fails to resolve regulator's objections to deal

TORONTO — Talks between the Competition Bureau and Rogers Communications Inc. and Shaw Communications Inc. this week failed to resolve the regulator's objections to their merger, the companies said Wednesday.
EU lawmakers back gas, nuclear energy as sustainable

EU lawmakers back gas, nuclear energy as sustainable

BRUSSELS (AP) — European Union lawmakers voted Wednesday to include natural gas and nuclear in the bloc's list of sustainable activities, backing a proposal from the EU's executive arm that has been drawing fierce criticism from environment groups an
Paper Excellence Group signs deal to buy Resolute Forest Products

Paper Excellence Group signs deal to buy Resolute Forest Products

MONTREAL — The Paper Excellence Group has signed a deal to buy Resolute Forest Products Inc. in an agreement that values the company at US$2.7 billion.
Suburban office vacancy rate lower than those seen in downtowns: CBRE

Suburban office vacancy rate lower than those seen in downtowns: CBRE

TORONTO — Commercial real estate firm CBRE says for the second quarter in a row, the country's suburban office vacancy level was lower than the rate seen for downtown regions.
Toronto home sales down 41% from June 2021: real estate board

Toronto home sales down 41% from June 2021: real estate board

TORONTO — June sales of Toronto homes fell by roughly 41 per cent compared with the same month last year as higher borrowing costs weighed on the market, the region’s real estate board said Wednesday.
Air Canada, Pearson again rank No. 1 in delays worldwide; Montreal check-in freezes

Air Canada, Pearson again rank No. 1 in delays worldwide; Montreal check-in freezes

MONTREAL — Air Canada and Toronto's Pearson airport again claimed the top spots for flight delays on Tuesday, marking at least four days in a row where the country's biggest airline has placed No. 1 of any large carrier worldwide.

Ovintiv selling portions of assets in Uinta and Bakken Basins for US$250M

CALGARY — Ovintiv Inc. has signed a pair of deals to sell portions of its assets located in the Uinta and Bakken Basins for total proceeds of approximately US$250 million.
OPEC secretary-general dies, just weeks shy of departure

OPEC secretary-general dies, just weeks shy of departure

ABUJA, Nigeria (AP) — The Secretary-General of the Organization of Petroleum Exporting Countries has died, Nigerian authorities and the oil cartel announced Wednesday.
EU chief warns of danger of complete cut-off of Russian gas

EU chief warns of danger of complete cut-off of Russian gas

BRUSSELS (AP) — European Commission chief Ursula von der Leyen said Wednesday that the 27-nation European Union needs to make emergency plans to prepare for a complete cut-off of Russian gas in the wake of the Kremlin’s war in Ukraine.
Luggage 'onslaught' poses latest hurdle to airlines, passengers

Luggage 'onslaught' poses latest hurdle to airlines, passengers

MONTREAL — It took Gloria Schwartz three days to retrieve her child's luggage.