Kinder Morgan says it will proceed with the $7.4-billion Trans Mountain pipeline expansion as long as it secures satisfactory financing for the project through its initial public offering.
Stock futures pointed to a lower opening for Canada's main stock index on Friday as oil prices edged lower, and are set to close at a weekly loss of more than 3 per cent.
Premier Kathleen Wynne is making no apologies for the Liberals' 25 per cent hydro rate cuts that a legislative watchdog warns will cost at least $21 billion over the next three decades.
BlackBerry Ltd. says it will receive $940-million (U.S.) from Qualcomm by May 31 to settle a dispute over royalty payments. An arbitrator sided with BlackBerry in April, and announced an interim award of $814.9-million (U.
Battered oil prices recovered some ground on Friday as investors looked past disappointment that an OPEC meeting did not produce bigger supply cuts, while sterling slid on a poll showing the ruling Conservatives' lead shrinking, two weeks before an ...