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.
The federal government's decision to phase out unsafe rail tank cars and immediately prevent 5,000 of them from carrying dangerous goods is �a big step forward� in rail safety, the president of the Federation of Canadian Municipalities said Wednesday.