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Cost savings, staff retention packages discussed at hearing on Rogers-Shaw deal

Cost savings, staff retention packages discussed at hearing on Rogers-Shaw deal

OTTAWA — Retention packages at Shaw Communications Inc. will cost up to $50 million if the company's $26-billion proposed merger with Rogers Communications Inc. crosses the finish line.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,277.41, up 56.92 points): Barrick Gold Corp. (TSX:ABX). Materials. Up 64 cents, or 3.06 per cent, to $21.58 on 16.1 million shares.
S&P/TSX composite posts small gain on energy prices, U.S. markets mixed

S&P/TSX composite posts small gain on energy prices, U.S. markets mixed

TORONTO — Canada's main stock index was up slightly Tuesday as gains in energy outweighed minor losses across other sectors, while U.S. markets were mixed but trending lower. The S&P/TSX composite index was up 56.92 points at 20,277.41.

Gas driller pleads no contest to polluting town's water

MONTROSE, Pa.
Wall Street ends an uneven day of trading with mixed results

Wall Street ends an uneven day of trading with mixed results

NEW YORK — Stocks ended an unsteady day with mixed results as gains for energy companies were offset by losses in technology and other sectors.
RBC raises competition concerns as it strikes deal to buy HSBC Canada for $13.5B

RBC raises competition concerns as it strikes deal to buy HSBC Canada for $13.5B

TORONTO — Royal Bank of Canada has struck a deal to pay $13.5 billion in cash to swallow up HSBC Bank Canada, the seventh largest bank in the country by assets and — since the Big Six banks are largely untouchable — the biggest takeover prize around.
TC Energy expects cost of Coastal GasLink pipeline project to rise

TC Energy expects cost of Coastal GasLink pipeline project to rise

CALGARY — TC Energy Corp. is expecting what it calls a "material increase" in the cost of its Coastal GasLink pipeline project.
Suncor to keep Petro-Canada retail business after comprehensive review of business

Suncor to keep Petro-Canada retail business after comprehensive review of business

Suncor Energy Inc. has decided to keep its Petro-Canada retail business, the company announced Tuesday, after a comprehensive review concluded Suncor was unlikely to receive the price it wanted for the chain.
'Strong position': Saskatchewan's bottom line stable, government posts $1.1B surplus

'Strong position': Saskatchewan's bottom line stable, government posts $1.1B surplus

REGINA — Saskatchewan's bank account remains relatively unchanged while its bottom line continues to be affected by Russia's invasion of Ukraine, global supply shortages and rising inflation. The province is reporting a $1.

75% of U.S. owners of Cdn. rec properties bought after foreign buyer ban: survey

TORONTO — A new report from Royal LePage shows 75 per cent of U.S. citizens living in border towns and owning recreational properties in Canada made their purchase after the federal government announced its forthcoming foreign buyer ban.