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Teck CEO says Frontier withdrawal result of tensions over climate, reconciliation

Teck CEO says Frontier withdrawal result of tensions over climate, reconciliation

Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades helped push Teck Resources Ltd. to shelve its massive oilsands project, company CEO Don Lindsay said Monday.
Costs, delays scuttle 124-mile Constitution Pipeline project

Costs, delays scuttle 124-mile Constitution Pipeline project

ALBANY, N.Y.
Dow drops over 1,000 as outbreak threatens global economy

Dow drops over 1,000 as outbreak threatens global economy

The Dow Jones Industrial Average slumped more than 1,000 points Monday in the worst day for the stock market in two years as investors worry that the spread of a viral outbreak that began in China will weaken global economic growth.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange ( 17,562.74, down 280.79 points.) Acerus Pharmaceuticals Corp. (TSX:ASP). Health care. Up one cent, or 20 per cent, to six cents on 14.
U.S. markets suffer worst day in two years on coronavirus concerns

U.S. markets suffer worst day in two years on coronavirus concerns

TORONTO — U.S. stock markets suffered their worst day in more than two years Monday while Canada's main stock index posted a triple-digit decline amid concerns stemming from an increase in new cases of the novel coronavirus outside of China.
Coalition tells CRTC more affordable wireless options are needed

Coalition tells CRTC more affordable wireless options are needed

GATINEAU, Que. — A coalition of groups representing consumers, low-income and Indigenous people in Manitoba told the CRTC Monday that "Canadians have waited long enough" for high-quality mobile wireless services at an affordable price.

New alliance formed in N.B. to promote development of small nuclear reactors

SAINT JOHN, N.B. — A new alliance has been formed to promote the development of small nuclear reactors and other energy technologies in Atlantic Canada.
Virus outbreak chills markets, outlook for global economy

Virus outbreak chills markets, outlook for global economy

FRANKFURT — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute.
Insight Productions faces Ontario class action lawsuit over alleged unpaid wages

Insight Productions faces Ontario class action lawsuit over alleged unpaid wages

TORONTO — An award-winning Toronto-based production company behind a slew of popular reality shows is facing a $35-million class-action lawsuit over alleged employment standards violations.
Buffett says economy is slowing amid virus fears

Buffett says economy is slowing amid virus fears

OMAHA, Neb. — Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business.