Hydro One Ltd. fell the most in eight months after agreeing to buy U.S. power supplier Avista Corp. in a $4.4-billion (Canadian) deal that analysts said is too costly and exposes the Canadian energy company to regulatory hassles.
Rogers Communications reported a 35 per cent increase in second-quarter net income on Thursday, beating analyst estimates with an especially strong performance from its key wireless division.
Ontario energy prices have skyrocketed significantly higher and faster than the rest of the country over the last nine years, with Torontonians paying twice the national average, according to a report from the right-leaning Fraser Institute.
Premier John Horgan continued to fill out the province's leadership positions Thursday, announcing appointments to major Crown corporations and government organizations to replace Liberal appointees.
Encana Corp. is named in three large lawsuits that attempt to link damages from climate change to industry's alleged attempts to hinder action to address it.