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National Bank reports Q4 profit down from year ago, raises quarterly dividend

National Bank reports Q4 profit down from year ago, raises quarterly dividend

MONTREAL — National Bank of Canada raised its dividend as it reported its fourth-quarter profit fell four per cent compared with a year ago.
Enbridge raising quarterly dividend, releases financial guidance for 2023

Enbridge raising quarterly dividend, releases financial guidance for 2023

CALGARY — Enbridge Inc. is raising its quarterly dividend to shareholders. The pipeline company says it will now pay a quarterly dividend of 88.75 cents per share, up from 86 cents per share. Based on Enbridge's closing share price of $55.
Royal Bank of Canada reports $3.88B Q4 profit, raises quarterly dividend

Royal Bank of Canada reports $3.88B Q4 profit, raises quarterly dividend

TORONTO — Royal Bank of Canada raised its dividend as it reported a fourth-quarter profit of $3.88 billion compared with $3.89 billion in the same quarter last year. The bank said Wednesday it will now pay a quarterly dividend of $1.
EU Commission proposes blocking billions in funds to Hungary

EU Commission proposes blocking billions in funds to Hungary

BRUSSELS (AP) — The European Union’s executive branch recommended Wednesday that billions of euros of EU funds allocated to Hungary remain frozen over its failure to implement solid rule-of-law reforms, a move highlighting the growing rift between th
Inflation in Europe eases but still in painful double digits

Inflation in Europe eases but still in painful double digits

FRANKFURT, Germany (AP) — Inflation in Europe has eased for the first time in more than a year as energy prices drifted down from painful highs , but the double-digit rate still hovers near a record that has robbed consumers of their spending power a
Gas driller pleads no contest to polluting town's water

Gas driller pleads no contest to polluting town's water

MONTROSE, Pa.
Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake

Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake

CALGARY — Enbridge Inc. says it has completed a previously announced transaction giving it a 30 per cent ownership stake in the Woodfibre liquefied natural gas (LNG) project. Enbridge announced in July a partnership with Pacific Energy Corp.
Cost savings, staff retention packages discussed at hearing on Rogers-Shaw deal

Cost savings, staff retention packages discussed at hearing on Rogers-Shaw deal

OTTAWA — Retention packages at Shaw Communications Inc. will cost up to $50 million if the company's $26-billion proposed merger with Rogers Communications Inc. crosses the finish line.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,277.41, up 56.92 points): Barrick Gold Corp. (TSX:ABX). Materials. Up 64 cents, or 3.06 per cent, to $21.58 on 16.1 million shares.
S&P/TSX composite posts small gain on energy prices, U.S. markets mixed

S&P/TSX composite posts small gain on energy prices, U.S. markets mixed

TORONTO — Canada's main stock index was up slightly Tuesday as gains in energy outweighed minor losses across other sectors, while U.S. markets were mixed but trending lower. The S&P/TSX composite index was up 56.92 points at 20,277.41.