The Réseau express métropolitain (REM), a light rail system in Greater Montreal, raised C$1.85 billion ($1.32 billion) in a bond sale, according to people with knowledge of the deal.
A train arrives at the station of the Reseau Express Metropolitain light rail in Ile-Des-Soeurs, Quebec.
WestJet Airlines Ltd. condemned the Canadian government’s offer of loans to help carriers hit by high jet fuel costs in the wake of the closing of the Strait of Hormuz.
A WestJet Airlines Ltd. airplane taxis on the runway at Victoria International Airport in Victoria, British Columbia, Canada, on Friday, Nov. 19, 2021. The British Columbia province, a major conduit to Asian markets and home to one of the busiest ports on the West Coast, is in a state of emergency after a so-called once-in-a-century storm washed away chunks of highways and closed the tracks of Canada's two major railways.
Shares of Canadian manufacturer TerraVest Industries Inc. closed down the most since 2011 over allegations of insider tipping by its executive chairman.
A surge in electricity demand from artificial intelligence and data centers is reshaping North America’s power markets, creating a “renaissance” for natural gas after decades of limited new development, according to KKR & Co. partner Brandon Freiman.
Hedge fund managers and other investors are gathered at a conference in Montreal to pitch the next big thing, and everything from artificial intelligence, biotech and gold mining was on the table Thursday.
Hedge fund managers and other investors are gathered at a conference in Montreal to pitch the next big thing, and everything from artificial intelligence, biotech and gold mining was on the table Thursday.
Air Canada is making a major bet on a new fleet of A321XLR planes manufactured by Airbus SE to help open up new routes, generate revenue growth and save on fuel costs.
An Airbus A321XLR aircraft during an Air Canada preview event in the Montreal region.
The Cuban subsidiary of Royalton Hotels & Resorts Ltd. shut down its operations on the island after the US imposed a de facto fuel blockade on the communist government and expanded sanctions to target foreign companies.
The Hotel Inglaterra in Havana, Cuba. Photographer: Joe Raedle/Getty Images
One of the world’s largest aluminum producers, Rio Tinto Group, says its shipments of the lightweight metal to the US have bounced back to levels from before President Donald Trump’s tariff offensive.
Jérôme Pécresse during a news conference in Arvida on May 29. Photographer: Andrej Ivanov/Bloomberg
Canada is dealing with active separatist movements in two of its largest provinces, sparking wariness among bondholders in the US, according to Quebec’s finance minister.
Canada is dealing with active separatist movements in two of its largest provinces, sparking wariness among bondholders in the US, according to Quebec’s finance minister.
Shares of CAE Inc. slipped the most in over three years after the flight simulator firm unveiled a plan to increase operating income by 30% or more by 2030 under a strategy that includes a greater focus on defense clients.
A flight engineer performs a test flight in a CAE Inc. 7000 Series Boeing Co. 737-800 flight simulator at a CAE facility in Montreal, Quebec, Canada, on Tuesday, Aug. 13, 2019. CAE in scheduled to release earnings figures on August 14.
The leader of Newfoundland and Labrador said an electricity supply agreement reached by the previous provincial government with Quebec is not in his province’s long-term interest, and new negotiations will unfold.
The leader of Newfoundland and Labrador said an electricity supply agreement reached by the previous provincial government with Quebec is not in his province’s long-term interest, and new negotiations will unfold.
The head of the leading separatist party in Quebec said he’s convinced the North Atlantic Treaty Organization would welcome it as a member if it broke away from Canada.
Nouveau Monde Graphite Inc. expects to formally green-light plans this week to build one of North America’s few graphite projects, as countries seek to weaken China’s dominance over the critical mineral.
A worker holds different grades of graphite at a Nouveau Monde Graphite facility in Saint-Michel-des-Saints, Quebec.
Shares of Canadian IT consulting firm CGI Inc. extended their losses over 40% in one year after it appointed a new chief executive officer, a slump largely due to concerns about disruption from artificial intelligence upstarts such as Anthropic PBC.
Shares of Canadian IT consulting firm CGI Inc. extended their losses over 40% in one year after it appointed a new chief executive officer, a slump largely due to concerns about disruption from artificial intelligence upstarts such as Anthropic PBC.
Prime Minister Mark Carney said his government is considering spinning off or selling ownership stakes in Canadian airports in order to use the proceeds on new projects aimed at fueling economic growth.
A flight attendant walks through the terminal at Pierre-Elliott Trudeau Airport in Montreal.
Prime Minister Mark Carney’s government unveiled measures worth C$1.5 billion ($1.1 billion) to help Canadian firms hurt by the Trump administration’s changes to US tariffs on imports containing steel, aluminum and copper.
Spools of steel at a steel mill in Hamilton, Ontario.
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