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Oaktree Capital Management investing $150 million Aecon Utilities

Oaktree Capital Management investing $150 million Aecon Utilities

TORONTO — Aecon Group Inc. has signed a deal that will see Oaktree Capital Management LP invest $150 million in the company's utility infrastructure services business. Under the agreement, Oaktree will acquire a 27.
Tech group calls on feds to take action on boosting semiconductor industry

Tech group calls on feds to take action on boosting semiconductor industry

A group of technology organizations is calling on the federal government to bolster Canada's semiconductor industry or risk talent and companies moving elsewhere.
First Quantum says Cobre Panamá deal with government in Panama now law

First Quantum says Cobre Panamá deal with government in Panama now law

TORONTO — First Quantum Minerals Ltd. says the bill enacting its mining concession contract for its Cobre Panamá copper mine has become law.
Stock market today: Wall Street drifts lower as pressure rises from the bond market

Stock market today: Wall Street drifts lower as pressure rises from the bond market

NEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
Refinance or renew? How to choose when mortgage renewal creates sticker shock

Refinance or renew? How to choose when mortgage renewal creates sticker shock

MONTREAL — Many Canadian homeowners are facing sticker shock with their monthly payments as their mortgage comes up for renewal, leaving them with a crucial choice: whether to renew or refinance their home loan.
Business groups call on Ottawa to intervene as St. Lawrence Seaway strike begins

Business groups call on Ottawa to intervene as St. Lawrence Seaway strike begins

MONTREAL — Business groups urged the federal government to intervene to void a lengthy labour dispute at the St. Lawrence Seaway amid concerns that a strike that began early Sunday could have a profound affect on their members. The St.
BoC expected to hold key interest rate steady at 5% amid 'sluggish' economy

BoC expected to hold key interest rate steady at 5% amid 'sluggish' economy

OTTAWA — The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates and inflation resumes its downward trend.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Oilpatch earnings PrairieSky Royalty Ltd.
EVs are getting easier to find — but with price tags out of reach for many Canadians

EVs are getting easier to find — but with price tags out of reach for many Canadians

TORONTO — Canada's electric vehicle market keeps getting bigger, but that's not necessarily good news for consumers — or the environment.
How an award-winning Halifax professor nurtured a network of battery entrepreneurs

How an award-winning Halifax professor nurtured a network of battery entrepreneurs

HALIFAX — They call themselves the "Dahn lab" graduates, and they're powering an unlikely, Halifax-based research hub for batteries designed to replace fossil fuels.
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