Dow Chemical Co. DOW 0.17 % expects to reduce its global workforce by roughly 3%, part of an effort to streamline the company ahead of the pending spinoff of a significant portion of its chlorine business.
OTTAWA - A new report says seniors and those approaching retirement are making up a growing proportion of those filing for insolvency in Ontario and have bigger debts compared with younger people.
MONTREAL - Bombardier Transportation says its consortium with Egypt's Orascom Construction is finalizing discussions with the Egyptian government to build a US$1.5 billion monorail near Cairo.
MONTREAL - Quebec-based forestry company Tembec says it has just endured a tough winter quarter that resulted in a $40-million loss.
TORONTO May 4 (Reuters) - TMX Group Ltd, the owner of Canada's major stock exchanges, said on Monday it plans to gradually reduce its rebate and fee structure in a bid to address concerns around the model and to tackle competitive threats.