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Cenovus Energy plans capital budget between $4B and $4.5B for 2023

Cenovus Energy plans capital budget between $4B and $4.5B for 2023

CALGARY — Cenovus Energy Inc. says its capital budget will total between $4.0 billion and $4.5 billion in 2023, including about $2.8 billion of sustaining capital. The company says between $1.2 billion and $1.

Shawcor acquires Kanata Electronic Services, terms not disclosed

TORONTO — Shawcor Ltd. says it has acquired Kanata Electronic Services Ltd., a privately owned manufacturer and supplier of specialty cable assemblies and wire harnesses for the nuclear and aerospace industries.
DoorDash Canada moves to tiered commission system, charging some restaurants 29%

DoorDash Canada moves to tiered commission system, charging some restaurants 29%

TORONTO — DoorDash is changing the way it charges commission to Canadian restaurants with a new, tiered model.
Toronto home sales down 49 per cent from last year as listing decline and rates rise

Toronto home sales down 49 per cent from last year as listing decline and rates rise

TORONTO — The Toronto Regional Real Estate board says November home sales showed a similar retreat to recent months with activity down by about half from last year.
The challenge and stresses of young people choosing a career in a post-pandemic world

The challenge and stresses of young people choosing a career in a post-pandemic world

MONTREAL — Though the winter vacation is fast approaching for students, young people across the country anxious about their post-secondary plans and possible career paths likely won't get a break from worries about the future.
Consumer debt tops $2.36 trillion in third quarter, up 7.3 per cent from last year

Consumer debt tops $2.36 trillion in third quarter, up 7.3 per cent from last year

Equifax Canada says an increase in borrowers helped push total consumer debt to $2.36 trillion in the third quarter for a 7.3 per cent rise from last year, even as mortgage volumes decline.
Auditor general probes COVID-19 vaccine procurement, pandemic benefits

Auditor general probes COVID-19 vaccine procurement, pandemic benefits

OTTAWA — Canada's auditor general is expected to release two highly anticipated reports on the government's handling of the COVID-19 crisis in 2021, including access to vaccines and pandemic benefits.
Execs from grocery giants push back against inflation profiteering claims

Execs from grocery giants push back against inflation profiteering claims

OTTAWA — Grocery executives are disputing an accusation that grocery giants are taking advantage of inflation to drive up their own profits.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,242.26, down 243.40 points): Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 1.8 per cent, to $42.23 on 24.2 million shares.
Canada 'watching closely' as Biden pressed to fix Inflation Reduction Act 'glitches'

Canada 'watching closely' as Biden pressed to fix Inflation Reduction Act 'glitches'

WASHINGTON — Prime Minister Justin Trudeau said Monday that Canada will be "watching closely" as the United States responds to complaints from Europe about the North American protectionism built into President Joe Biden's signature climate change ini
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