Recent Business Headlines

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at 17:55 on August 27, 2014, EDT.

AER says Plains making progress on safety, but will continue to monitor

CALGARY - The pipeline company behind two high-profile oil spills has improved its safety practices, but there's still more work to be done, an audit by the Alberta Energy Regulator has found.


at 16:52 on August 27, 2014, EDT.

OSC clears key players in Baffinland takeover battle of tipping, insider trading

TORONTO - The Ontario Securities Commission has dismissed allegations of insider trading and tipping against Jowdat Waheed and Bruce Walter, key figures in a company that waged a 2011 bidding war for Baffinland Iron Mines Corp.


at 16:43 on August 27, 2014, EDT.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange:


at 16:29 on August 27, 2014, EDT.

Resource stocks pull TSX lower, National Bank beats earnings expectations

TORONTO - The Toronto stock market chalked up a minor loss Wednesday as traders continued to digest earnings reports from the Canadian banking sector, in this case a solid report from National Bank (TSX:NA).


at 16:21 on August 27, 2014, EDT.

Canadian dollar up, currency benefits from Burger King's Tim Horton acquisition

TORONTO - The Canadian dollar closed sharply higher Wednesday, benefiting from a major deal that will see American fast food giant Burger King buy Canadian coffee and doughnut chain Tim Hortons for $12.5 billion.


at 16:21 on August 27, 2014, EDT.

Canada Post earns profit, gets boost from parcels and lower pension costs

OTTAWA - The Canada Post Group of Companies reported Wednesday a net profit of $67 million in the second quarter, boosted by growth in its parcel delivery business and lower pension costs.


at 16:08 on August 27, 2014, EDT.

National Bank works on attracting wealthy clients to its credit card business

MONTREAL - National Bank, the country's sixth-largest lender, sees an opportunity to grow by attracting more wealthy Canadians to its credit card business.


at 15:46 on August 27, 2014, EDT.

Fiscal update: Alberta plans to borrow $3B less; on track for higher surplus

EDMONTON - The Alberta government says rising energy prices and a stronger than expected economy means the province will have to borrow almost $3 billion less than it had planned this year to build roads, hospitals and schools.


at 15:39 on August 27, 2014, EDT.

Alaska voters reject repeal of 2013 petroleum production tax; 'No' votes take decisive lead

ANCHORAGE, Alaska - Alaska voters have retained a new petroleum production tax system that offers hope of increased investment and jobs but drew criticism as a giveaway to already profitable oil companies.


at 14:49 on August 27, 2014, EDT.

Shell Canada using 'warehouse' approach to drive down oilsands costs

CALGARY - Shell Canada Ltd., in an effort to cut costs and boost efficiency at its oilsands operations, has found inspiration in an unlikely place: online retailer Amazon.


at 14:38 on August 27, 2014, EDT.

IMF chief Lagarde under official investigation in France for 'negligence' in corruption case

PARIS - Christine Lagarde, the chief of the International Monetary Fund, was put under official investigation for negligence in a French corruption probe that dates back to her days as France's finance minister.


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