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Lion Electric shareholders file class action against struggling bus manufacturer
National News

Lion Electric shareholders file class action against struggling bus manufacturer

  • Sidhartha Banerjee The Canadian Press
  • Updated Feb 24, 2025

MONTREAL - Quebec-based electric-vehicle manufacturer Lion Electric Co. is facing a class-action lawsuit from shareholders who allege the comp…

Groupe Dynamite files for IPO to list on Toronto Stock Exchange
National Business

Groupe Dynamite files for IPO to list on Toronto Stock Exchange

  • Updated Nov 8, 2024

Montreal-based women's clothing retailer Groupe Dynamite Inc. says it has filed a preliminary prospectus for an initial public offering to lis…

BCE signs deal to buy U.S. fibre internet provider Ziply Fiber for $5 billion
National News

BCE signs deal to buy U.S. fibre internet provider Ziply Fiber for $5 billion

  • Sammy Hudes The Canadian Press
  • Updated Nov 4, 2024

BCE Inc.'s share price took a hit on Monday after the company announced it has signed a deal to buy U.S. fibre internet provider Ziply Fiber f…

Controlling interest in owner of hockey brand Bauer to be sold to Fairfax affiliates
National Business

Controlling interest in owner of hockey brand Bauer to be sold to Fairfax affiliates

  • Tara Deschamps The Canadian Press
  • Sep 30, 2024

The owner of Bauer Hockey says affiliates of Fairfax Financial Holdings Ltd. will acquire controlling interest in its overall business.

US settles with billionaire Carl Icahn for using company to secure personal loans worth billions
National Business

US settles with billionaire Carl Icahn for using company to secure personal loans worth billions

  • Michelle Chapman The Associated Press
  • Updated Aug 19, 2024

Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that …

Ontario pension fund manager OMERS earned 4.4% return for first half of 2024
National Business

Ontario pension fund manager OMERS earned 4.4% return for first half of 2024

  • Aug 15, 2024

TORONTO - OMERS says it earned a net investment return of 4.4 per cent for the first six months of this year, helped by the performance of its…

Limited cash to invest? Build positions in high-flying stocks with fractional trading
National Business

Limited cash to invest? Build positions in high-flying stocks with fractional trading

  • Ritika Dubey The Canadian Press
  • Aug 13, 2024

When a high-flying stock seems out ofreach for investors with limited cash, fractional trading can help fulfil that dream of owning a piece of…

Scotiabank adds to U.S. exposure with US$2.8B deal for KeyCorp stake
National Business

Scotiabank adds to U.S. exposure with US$2.8B deal for KeyCorp stake

  • Ian Bickis The Canadian Press
  • Updated Aug 12, 2024

TORONTO - Scotiabank has signed a deal to buy a minority stake in U.S. bank KeyCorp as it works to focus on the North American market.

Algonquin Power signs deal to sell renewable energy business for up to US$2.5B
National Business

Algonquin Power signs deal to sell renewable energy business for up to US$2.5B

  • Aug 9, 2024

OAKVILLE, Ont. - Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS P…

Brookfield Corp. reports US$2.13B in Q2 distributable earnings, up from a year ago
National Business

Brookfield Corp. reports US$2.13B in Q2 distributable earnings, up from a year ago

  • Aug 8, 2024

TORONTO - Brookfield Corp. reported distributable earnings of US$2.13 billion in its latest quarter, up from US$1.19 billion in the same quart…

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