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National Business
National Business
Leak detected in pipeline that brings Russian oil to Germany
WARSAW, Poland (AP) — An oil leak was detected on a pipeline in Poland that's the main route through which Russian crude reaches Germany, the pipeline's Polish operator said Wednesday.
Oct 12, 2022 8:52 AM
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RBC economists say recession could arrive as early as Q1 of next year
TORONTO — RBC economists say Canada’s economy could fall into a recession as early as the first quarter of next year, but they expect unemployment to be "less severe" than previous downturns.
Oct 12, 2022 8:11 AM
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Hydro-Québec buying U.S. company Great River Hydro for US$2 billion
MONTREAL — A subsidiary of Hydro-Québec announced a deal Wednesday to buy U.S. power generator Great River Hydro LLC for US$2 billion.
Oct 12, 2022 7:27 AM
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FDA clears updated COVID boosters for kids as young as 5
The U.S. on Wednesday authorized updated COVID-19 boosters for children as young as 5, seeking to expand protection ahead of an expected winter wave.
Oct 12, 2022 7:02 AM
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Linamar says Q3 vehicle production forecast down 'meaningfully' for Europe
GUELPH, Ont. — Linamar Corp. says its light vehicle production forecast for the third quarter is down "meaningfully" in Europe compared with its previous forecast, despite being slightly higher overall. The Guelph, Ont.
Oct 12, 2022 6:50 AM
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US producer price inflation eases to still-high 8.5%
WASHINGTON (AP) — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline though costs remain at painfully high levels.
Oct 12, 2022 6:23 AM
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Cameco and Brookfield Renewable form partnership to buy Westinghouse Electric
SASKATOON — Cameco Corp. and Brookfield Renewable Partners have teamed up to buy Westinghouse Electric Co., one of the world’s largest nuclear services businesses, for US$4.5 billion plus assumed debt.
Oct 12, 2022 5:59 AM
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Putin says Russia could increase gas supplies to Europe
MOSCOW (AP) — Russian President Vladimir Putin said Wednesday that Moscow is ready to resume gas supplies to Europe via a link of Germany-bound Nord Stream 2 pipeline under the Baltic Sea.
Oct 12, 2022 4:13 AM
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Let's get serious about a Putin-era strategy for energy, economy, climate: Freeland
WASHINGTON — Canada's deputy prime minister urged the world's democracies Tuesday to confront the hard economic truths of a perilous new world order and seek common cause in the shared values of prosperity, energy security, protecting the planet and
Oct 12, 2022 1:00 AM
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As Alberta campaigns to attract workers, economists say the competition is healthy
OTTAWA — When Zeel Shah’s partner left Toronto for a job in Edmonton in 2018, the young couple had to decide which city offered the future they wanted for themselves.
Oct 12, 2022 1:00 AM
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