Operations
Garneau approves sale of WestJet to Onex at price reduced by 737 Max issues
WestJet will become a privately held company.
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Bombardier sells regional jet business to Mitsubishi
Moving forward, Bombardier will focus on business jets and rail.
Amazon rejects facial recognition, climate change proposals
Earlier this month, San Francisco banned the use of facial recognition software by police and other city departments.
CPPIB investing $200M for stake in specialty food company Premium Brands
Premium Brands intends to use the cash to repay debt, finance organic and acquisition growth opportunities.
CAE shares surge to all time high after posting strong cap to a great year
The order backlog reached a record $9.5 billion and the company had 78 full-flight simulators for the year.
As waters rise, Champagne offers fast track reviews for flood projects
The “disaster mitigation and adaptation fund” was set up two years ago to dole out $2 billion over a decade.
Bombardier cuts outlook, full year revenue guidance down by US$1B [UPDATED]
Full first-quarter financial results released on May 2.
Encana says cost cutting includes 15% job reduction after Newfield acquisition
The company hasn’t said how many employees were laid off.
Tesla to pay off US$920M in bonds with company cash
Tesla had about $11 billion in debt at the end of 2018.
Barrick’s makes hostile bid for Newmont as talks on partnership fall apart
A simmering dispute between world’s two largest gold miners erupted publicly Monday.
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‘Can be justified:’ Regulator gives conditional OK to Trans Mountain expansion
NEB says economic benefits outweigh environmental concerns.
U.S.-based Devon Energy says it intends to exit Canadian oilsands sector
The most likely purchasers are large Canadian oilsands companies.
Fiat Chrysler profits soar on North American results
North America profits grew by 19 per cent.
GM rebounds with US$8.1B 2018 profit on strong pricing
The profits are being announced as GM lays off thousands of workers.
Husky shares rise and MEG stock plunges after oilsands takeover offer withdrawn [UPDATED]
The company cited production cuts for the oil industry mandated by the Alberta government.
