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Enbridge raises quarterly dividend by 3%, release financial guidance for 2025

Enbridge raises quarterly dividend by 3%, release financial guidance for 2025

CALGARY — Enbridge Inc. raised its quarterly dividend for next year as it released its financial guidance for 2025. The pipeline company says it will pay a quarterly dividend of 94.25 cents per share, up from 91.5 cents per share, effective March 1.
China bans exports to US of gallium, germanium, antimony in response to chip sanctions

China bans exports to US of gallium, germanium, antimony in response to chip sanctions

BANGKOK (AP) — China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S.
Negotiations between Canada Post, union still on hold

Negotiations between Canada Post, union still on hold

TORONTO — The Canadian Union of Postal Workers says a new framework for negotiations that Canada Post presented over the weekend moved closer to the union's position on some issues, but that it remains far from what members could ratify.
Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk

Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk

DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St.
Bombardier and Honeywell settle lawsuit over engine prices

Bombardier and Honeywell settle lawsuit over engine prices

MONTREAL — Bombardier Inc. says it has reached an agreement with Honeywell International Inc. to settle a lawsuit relating to the cost of the jet engines it makes for the Montreal-based plane maker.
Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk

Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk

DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St.
Delivery scams on the rise amid Canada Post strike, holiday shopping season

Delivery scams on the rise amid Canada Post strike, holiday shopping season

Scams related to parcels and deliveries typically increase this time of year, but the work stoppage at Canada Post has led to even more fraud attempts, says Equifax Canada.
Cyber Monday delivering sales but some are expecting them to be down from last year

Cyber Monday delivering sales but some are expecting them to be down from last year

Canadians have flocked to malls and online stores for Black Friday, Cyber Monday and their surrounding sales period, but at least one tech firm found shopping activity is less fervent than last year.
Lightspeed Commerce cutting 200 jobs as it eyes profitable growth

Lightspeed Commerce cutting 200 jobs as it eyes profitable growth

Lightspeed Commerce Inc. is slashing jobs for the second time in a year as it continues a strategic review. The latest cut announced Monday culls about 200 jobs from the Montreal-based company known for selling point-of-sale software.
Pandemic business loan program lacked 'value for money': auditor general

Pandemic business loan program lacked 'value for money': auditor general

OTTAWA — The small business loan program the federal government rolled out during the COVID-19 pandemic wasn't managed with "due regard for value for money," auditor general Karen Hogan said Monday.