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National Business

Miss America Organization's president and CEO steps down

ATLANTIC CITY, N.J. — The Miss America Organization's president and CEO, one of the forces behind the decision to drop the competition's swimsuit portion, has stepped down, the organization announced.
Cenovus credits quota easing as it ramps up crude-by-rail output to 100,000 bpd

Cenovus credits quota easing as it ramps up crude-by-rail output to 100,000 bpd

CALGARY — An executive with Cenovus Energy Inc. says it produced more crude in December thanks to the Alberta government's decision last fall to allow producers to exceed provincial quotas if they move the additional barrels by rail.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,511.75, up 10.87 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down three cents, or 2.31 per cent, to $1.27 on 7.
Leaked report shows United Nations suffered hack

Leaked report shows United Nations suffered hack

GENEVA — Sophisticated hackers infiltrated U.N. networks in Geneva and Vienna last year in an apparent espionage operation that top officials at the world body kept largely quiet.
Report recommends CBC/Radio-Canada gradually eliminates advertising

Report recommends CBC/Radio-Canada gradually eliminates advertising

OTTAWA — A new report on modernizing Canada's communications laws suggests the CBC/Radio-Canada gradually eliminate advertising on all platforms over the next five years, starting with news content.
Tim Hortons pulls Beyond Meat breakfast sandwiches from B.C., Ont. menus

Tim Hortons pulls Beyond Meat breakfast sandwiches from B.C., Ont. menus

Tim Hortons has pulled Beyond Meat products off the menus in the last provinces where it still sold the trendy plant-based protein, less than a year after a national roll out.

5 key takeaways from the telecom report on Canada's communications future

OTTAWA — A new report suggests making sweeping changes to the country's telecom watchdog and the public broadcaster — among other things. The 235-page report on Canada's communications future makes 97 recommendations.
Fed leaves key rate unchanged at low level amid global risks

Fed leaves key rate unchanged at low level amid global risks

WASHINGTON — The Federal Reserve kept its key interest rate unchanged at a low level Wednesday amid an economy that looks solid but faces potential global threats, including from China’s viral outbreak.
Frontier oilsands mine might not be built even if permit issued, CEO concedes

Frontier oilsands mine might not be built even if permit issued, CEO concedes

BANFF, Alta. — The CEO of Teck Resources Ltd. says it's "anyone's guess" as to whether the federal government will allow his company to build the proposed $20.6-billion Frontier oilsands mine in northeastern Alberta.
Canadian Pacific Railway reports record fourth-quarter and full-year revenues

Canadian Pacific Railway reports record fourth-quarter and full-year revenues

CALGARY — Canadian Pacific Railway Ltd. reported a record fourth-quarter profit as it seized on higher crude volumes and overcame a late grain harvest and other headwinds to boost profits by 22 per cent.