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.
Distributed ledger technology, a new approach for processing transactions that is being widely tested across the financial industry, is not yet mature enough to run a national interbank payment settlement system, the Bank of Canada said on Thursday.
General Motors has been accused of installing "defeat devices" similar to the ones Volkswagen used in order to beat emissions tests on hundreds of thousands of diesel truck engines.
Tembec Inc. has agreed to a takeover offer from Rayonier Advanced Materials in an $807-million (U.S.) friendly deal that further thins out the ranks of Canada's publicly-traded forest products companies.
Canada plans to phase in tougher regulations on the emission of methane, a powerful greenhouse gas, but it will take between three and six years for the new rules to kick in.