MONTREAL - French train manufacturer Alstom is eliminating about 150 full-time positions, or more than half the workforce, at its Montreal plant as it transfers activities to Europe.
Along with the arrival of the Easter Bunny comes at least two other Canadian rites of spring: the Maple Leafs missing the playoffs and a spike in gas prices.
Crescent Point Energy Corp. is buying privately held oil and gas producer CanEra Energy Corp. for about $750-million in cash and stock to expand its position in a Saskatchewan oil formation that is seen as a potentially large new source of supply.
The Conservative government is throwing a new idea into the heated debate over pensions, launching a national discussion of proposed new plans that share the investment risk between employers and employees.
Buyers lined up for Cnooc Ltd.'s sale of dollar-denominated bonds, placing more than $20 billion in orders for a $4 billion deal, according to investors following the sale.