MONTREAL -- Air Canada plans to spend up to US$6.5 billion to buy 61 narrowbody aircraft from Boeing as it moves to update its fleet over the next decade.
Fortis Inc. has signed a deal to acquire Arizona-based UNS Energy Corp. for $4.3-billion (U.S.), including the assumption of about $1.8-billion of debt.
... Stocks. * Loss grows to C$1.04 per share vs 14 Canadian cents. * 2013 EBITDA cut to C$315-C$335 mln from C$360-C$390 mln.
TORONTO - The Toronto stock market tumbled almost 200 points Wednesday as investors remained focused on whether the U.S. Federal Reserve might start to claw back its stimulus measures as early as next week.
CALGARY, Alberta Dec 11 (Reuters) - Encana Corp, Canada's largest natural gas producer, will boost liquids production by 30 percent in 2014 as it moves to execute a plan from its new chief executive to concentrate spending on regions rich in high-value ...