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Oilsands producer Cenovus pledges $50 million to build Indigenous housing

Oilsands producer Cenovus pledges $50 million to build Indigenous housing

CALGARY — Indigenous leaders say they hope other companies will follow the lead of Cenovus Energy Inc.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (17,490.56, down 21.19 points.) Detour Gold Corp. (TSX:DGC). Materials. Down $1.11, or 4.62 per cent, to $22.90 on 9.2 million shares.

Rate policy for today may pose future problems, BoC deputy Beaudry says

OTTAWA — One of the Bank of Canada's top officials says the central bank is taking a deeper dive into how it makes interest rate decisions to to better understand the trade-offs between a cut today and hitting inflation targets in the future.
Northern Pulp issued ministerial order setting terms for orderly shutdown

Northern Pulp issued ministerial order setting terms for orderly shutdown

HALIFAX — Nova Scotia's environment minister concedes the province is living up to the spirit of the law but not the letter in allowing the Northern Pulp mill to continue to dump effluent past a legislated deadline Friday.
Industry group forecasts $2-billion rise in oil and gas spending this year

Industry group forecasts $2-billion rise in oil and gas spending this year

CALGARY — Business friendly policies enacted by the Alberta and Saskatchewan governments are receiving much of the credit as the Canadian oil and gas industry forecasts a jump of about $2 billion in capital spending this year.