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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.
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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.
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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.
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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
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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
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Gas driller pleads no contest to polluting town's water

Gas driller pleads no contest to polluting town's water

MONTROSE, Pa.
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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.
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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.
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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.
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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.
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