6 things to know about Canada’s oil-price gap, from gluts to the differential

The Alberta government has ordered a mandatory cut to crude oil production next year to deal with historically low prices…

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Global credit ratings agency warns of downgrades in Canadian oilpatch if crude price woes persist

Global credit rating agency DBRS is warning that if Canada’s crude oil price woes drag on without improvement, it could negatively affect the…

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Theresa May persuades cabinet on Brexit divorce, but Parliament challenge ahead

British Prime Minister Theresa May, calling it a “decisive step,” said Wednesday evening that her cabinet had signed off on…

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Delays at Sturgeon Refinery add to Alberta heavy oil price discount woes

A new refinery touted as part of the solution to Alberta’s oversupply of heavy oil likely won’t begin processing oilsands…

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U.K. cabinet to meet after Britain, EU reach draft Brexit deal

Negotiators from Britain and the European Union have struck a proposed divorce deal that will be presented to politicians on…

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StatsCan’s plan to harvest private banking info on hold, pending investigation

The country’s chief statistician says his agency’s controversial plan to harvest individuals’ banking information is on hold until the privacy…

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Chinese electric cars are coming to Canada, but you can’t have one yet: Don Pittis

The Chinese are coming. After years of predictions that made-in-China electric-car technology was poised to dominate the global market, the country’s…

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Parmalat to acquire Kraft’s natural cheese division for $1.62B

Parmalat Group says it has reached an agreement valued at $1.62 billion to acquire Kraft Heinz Canada’s natural cheese division.…

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Lowe’s closing 31 locations including Rona stores in Canada, 20 in U.S.

Home improvement retailer Lowe’s is closing a total of 31 locations, including 27 underperforming Lowe’s and Rona stores in British…

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