CALGARY -- Cenovus Energy (CVE.TO) announced Wednesday it plans to swallow most of the Canadian assets belonging to ConocoPhillips in a $17.7 billion blockbuster acquisition that builds upon a recent trend of Canadian consolidation in the oil sands.
Lululemon Athletica Inc.'s shares tumbled 19 per cent in premarket trading after the yoga wear retailer warned of a sluggish first quarter amid stiffening competition in the so-called athleisure fashion sector.
About 280 laid off Ford employees in Windsor can expect to get back to work after an announcement at the Engine Essex Plant Thursday, according to the leader of their union.
British Columbia's softwood trade envoy says there's a slight opportunity to quickly negotiate a new lumber agreement between Canada and the United States, but if a deal can't be reached by the summer or fall it could mean a lengthy fight.
MONTREAL - Dollarama Inc. says it has plenty of room to grow in Canada, following a strong fourth quarter and a review of the market's long-term potential.