Canadian oil producer Cenovus Energy Inc. said it may sell up to $5-billion of stock, debt or other securities, a day after it announced a dividend cut, as the company shores up its balance sheet amid a slump in oil prices.
(Reuters) - Stock futures pointed to a higher start for Canada's main index on Friday as oil prices rose after comments from the United Arab Emirates' energy minister raised hopes of a coordinated production cut to tackle supply glut.
MONTREAL - Molson Coors Brewing Co. says a sluggish economy and higher food prices are affecting beer drinking in Canada's oil-rich provinces.
BRYAN, Ohio -- The Ohio company that has produced or owned the Etch A Sketch for decades has sold the classic toy to a toy firm in Toronto.
TransCanada Corp. has revealed that job cuts hit about 10 per cent of its work force late last year, and the company's executives say layoffs at the pipeline and power company might not be over yet.