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Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal

Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal

CALGARY — Royal Dutch Shell is further reducing its exposure to the Alberta oilpatch with a deal to sell producing light oil shale assets there to Calgary-based Crescent Point Energy Corp. for $900 million.
CRA locks some online taxpayer accounts that may have been accessed by outsiders

CRA locks some online taxpayer accounts that may have been accessed by outsiders

OTTAWA — The Canada Revenue Agency says some taxpayers were locked out of their online accounts even though it wasn't the victim of a cyberattack.
Cannabis company Tilray reports US$2.9 million loss on US$56.5M revenue in Q4

Cannabis company Tilray reports US$2.9 million loss on US$56.5M revenue in Q4

Tilray Inc. managed to shave down its losses by more than $200 million in its most recent quarter, as it prepared to merge with rival Aphria Inc. later this year.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,374.78, down 117.94 points.) The Supreme Cannabis Co. Inc. (TSX:FIRE). Health care. Down three cents, or 8.
WestJet hires first chief medical officer

WestJet hires first chief medical officer

CALGARY — WestJet Airlines Ltd. says it has hired its first chief medical officer. Dr.
S&P/TSX composite falls on broad-based decline led by technology, materials sectors

S&P/TSX composite falls on broad-based decline led by technology, materials sectors

TORONTO — Canada's main stock index sustained its weakest performance in more than two weeks as strong economic data stoked fears of higher inflation.
U.S. deep freeze weather boosts Canadian oil and gas producer profits and prospects

U.S. deep freeze weather boosts Canadian oil and gas producer profits and prospects

CALGARY — Canadian oil and gas producers are banking higher profits as unusually severe winter weather sidelines U.S. rivals this week and drives up demand and prices for their products.
7-Eleven's in-store alcohol plans are a new take on old model, restaurant group says

7-Eleven's in-store alcohol plans are a new take on old model, restaurant group says

7-Eleven's plans to serve alcohol in Ontario may be hard for convenience store patrons to envision. But it is actually a new take on an old format, says James Rilett, vice president of Central Canada for industry group Restaurants Canada.
Fed officials expressed concerns in over slowing economy

Fed officials expressed concerns in over slowing economy

WASHINGTON — Federal Reserve officials were convinced last month that the U.S. economy and job growth had slowed as coronavirus cases surged across the country, noting that the outlook is heavily dependent on the course of the virus.
Statistics Canada says annual inflation rate climbs to 1.0% in January

Statistics Canada says annual inflation rate climbs to 1.0% in January

OTTAWA — Canada's headline inflation barometer rose one per cent in January compared with the same month last year, accelerating from the end of 2020 and poised to go higher in the coming months.