Canexus, which sold its Bruderheim rail loading facility to Cenovus last month, has agreed to be purchased by Superior Plus. JASON FRANSON / Calgary Herald.
OTTAWA - Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests.
Volkswagen plans to launch in January a recall of vehicles with software at the centre of the emissions-rigging scandal and aims to fix them all by the end of next year, the company's new chief executive says.
Canadian Oil Sands Ltd. is likely to reject a $4.3-billion takeover bid from Suncor Energy Inc. in order to extract a higher price or provoke a competing offer, analysts and investment bankers say.
A Beijing-based private equity manager who bought a $2.3-million home in the hot Vancouver real estate market said he did that while earning just $19,000 a year.