The largest landlord of insolvent Target Canada is in talks with its U.S. parent to try to collect what could be hundreds of millions of dollars of lost rent and other store costs as a result of the retailer's abrupt closing.
CALGARY - Despite beating analysts' expectations, Enbridge Inc.'s second quarter earnings were hampered by delays to its Line 9 pipe reversal and a $440-million writedown on its goodwill.
Imperial Oil Ltd, Canada's No.2 integrated oil producer and refiner, reported a lower-than-expected quarterly profit, hurt by the slump in crude prices.
MONTREAL - Resolute Forest Products Inc. (TSX:RFP) reported a loss of US$4 million in its latest quarter compared with a loss of $2 million a year ago.
Despite an NDP victory provincially, that doesn't mean Calgarians will see more of Stephen Harper campaigning locally when the writ is dropped for a federal election.