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Rate cuts and a return to growth: What Deloitte sees on the Canadian economic horizon

Rate cuts and a return to growth: What Deloitte sees on the Canadian economic horizon

TORONTO — The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a new forecast by Deloitte Canada.
Teck Resources says Quebrada Blanca copper production below guidance for 2023

Teck Resources says Quebrada Blanca copper production below guidance for 2023

VANCOUVER — Teck Resources Ltd. says production for 2023 at its Quebrada Blanca mine fell short of its guidance due to reliability and consistency issues in the fourth quarter.
Walmart abandons plan to open Quebec fulfilment centre, will instead upgrade stores

Walmart abandons plan to open Quebec fulfilment centre, will instead upgrade stores

VAUDREUIL-DORION, Que. — Walmart Canada says it is abandoning plans to open a new fulfilment centre in Quebec. The U.S. retail giant was due to spend $100 million on the facility slated for the Montreal-area municipality of Vaudreuil-Dorion.
Make 2024 a prosperous new year with financial resolution tips from experts

Make 2024 a prosperous new year with financial resolution tips from experts

The champagne is gone, the ball has been dropped, and the holiday bills are starting to roll in. That means there's no time like the present to make a New Year's resolution — especially one that might help take some of the sting out of those bills.
Enghouse Systems buying Mediasite business from Sonic Foundry for US$15.5M in cash

Enghouse Systems buying Mediasite business from Sonic Foundry for US$15.5M in cash

MARKHAM, Ont. — Business software company Enghouse Systems Ltd. says it has signed a deal with Sonic Foundry Inc. to buy its Mediasite business for US$15.5 million in cash.
Teck closes sale of minority stakes in coal business to Nippon, Posco

Teck closes sale of minority stakes in coal business to Nippon, Posco

VANCOUVER — Teck Resources Ltd. says it has closed its previously announced deal to sell minority interests in its steelmaking coal business to Japan's Nippon Steel Corp. and South Korean steelmaker Posco.
Alimentation Couche-Tard completes acquisition of European assets from TotalEnergies

Alimentation Couche-Tard completes acquisition of European assets from TotalEnergies

LAVAL, Que. — Alimentation Couche-Tard Inc. says it has completed its acquisition of certain European retail assets from French oil giant TotalEnergies SE.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,818.58, down 53.56 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 72 cents, or 0.84 per cent, to $84.97 on 10.
Ontario woman files proposed class-action lawsuit over salmonella-tainted cantaloupes

Ontario woman files proposed class-action lawsuit over salmonella-tainted cantaloupes

An Ontario woman who became ill after eating cantaloupe is the lead plaintiff in a second proposed class-action lawsuit filed over cantaloupe-linked salmonella infections across the country.
Suncor shares rise after posting second-highest quarter for oil output

Suncor shares rise after posting second-highest quarter for oil output

CALGARY — Suncor Energy Inc.'s share price jumped Wednesday as the company reported its fourth quarter oil output was its second-highest quarter ever.