BusinessArticlesCanada just got its largest utility merger ever — a $72 billion bet on the AI-driven power boom
Emera's $14.3 billion acquisition of Canadian Utilities creates a company serving six million customers.
Vol. 04 — No. 173 · Canadian Business Desk
Straight analysis on the economy, finance and leadership that shape business across Canada — no jargon, no filler, entries you can check.
Today's Ledger
Emera's $14.3 billion acquisition of Canadian Utilities creates a company serving six million customers.
Joly says Cleveland-Cliffs' own CEO publicly backed the U.S. tariffs now being blamed for the cuts.
Exports to the U.S. surged 8.1% in a single month as businesses front-loaded shipments. It likely won't last.
Two straight quarters of revenue growth broke a 19-quarter losing streak. But the stock has fallen from $12.65 to under $4, a CFO just departed, and a major acquisition was abandoned days ago.
Emera's $14.3 billion acquisition of Canadian Utilities creates a company serving six million customers, with 80% of earnings concentrated in Florida and Alberta.
Exports to the U.S. surged 8.1% in a single month as businesses front-loaded shipments. It's the clearest numeric evidence yet of how companies are actually responding to the tariff war.
Industry Minister Mélanie Joly says Cleveland-Cliffs' own CEO publicly backed the U.S. tariffs now being blamed for the cuts — and that the 2024 jobs commitment doesn't expire just because "market conditions have changed."
Pareto's observation is one of the most cited ideas in business strategy — and one of the most casually misapplied. Here's how to actually use it.
September's confidence collapse to 47.9 wasn't just a number — CFIB's underlying data shows hospitality and food service cratering, hiring frozen, and a majority of owners actively discouraging entrepreneurship.
The pipeline's estimated cost has ballooned to $35–44 billion, a First Nation is calling it a pipeline that's been "tossed aside" without consultation, and the financing plan still doesn't exist.
A joint venture called Duvernay Energy quietly linked Cenovus and Athabasca two years before the $5.7 billion acquisition.
A litre of diesel has gone from $1.52 in January to $2.61 now. Canada's unique position — a major oil exporter with no strategic reserve of its own — means the G7 release may help less here than elsewhere.
The cash-and-stock deal adds 45,000 barrels a day and follows last year's $8.6 billion MEG Energy purchase — cementing Cenovus as one of Canada's largest oil sands consolidators.
A $7 billion Volkswagen battery plant just pushed its opening back two years — the latest in a string of EV project delays, cancellations and one bankruptcy.
The coordinated release targets diesel specifically, the fuel most of Canada's freight and logistics sector actually runs on. Oil prices eased immediately after the announcement.
A new Alberta-to-B.C. oil pipeline just became the test case for Ottawa's Building Canada Act. The designation is projected at $20 billion a year in GDP.
At the World Dairy Expo, Canadian and American farmers kept competing like always — even as some in the crowd called the trade war "needless" and "childish."
Up to 500 workers face layoffs as the U.S.-owned steelmaker blames tariffs — but the company made a legally binding commitment to protect these jobs when Ottawa approved its sale in 2024.
This leveraged inverse ETF promises -2x Tesla's daily move. The word 'daily' is doing more work than most buyers realize.
This TSX Venture-listed IT consultancy wins real contracts in Saudi Arabia and trades at a single-digit P/E, without ever having paid a dividend.
This clinical-stage name has swung between a $23 million and a $200 million-plus market cap depending on the week.
Competition from Amazon and a lost Walmart exclusivity sent TTD into a genuine show-me story. CEO Jeff Green's own buying is the clearest signal of where he thinks this goes.
A C$2.14 billion writedown, declining revenue, and a dividend slashed to 18.75 cents a share mark a genuine reset for one of Canada's biggest telecoms.
The province's top exports are untouched, but 130 trade categories worth tens of millions are squarely in the crossfire — and one Dartmouth machine shop already changed its supply chain because of it.
While Washington says a resolution could come soon, Canadian producers are already losing real sales — a Nova Scotia whisky maker and a New Brunswick brewery among them.
The satellite and public-safety communications company is deliberately shrinking its legacy business to grow a more profitable one.
This Vancouver-based E&P company has a straightforward strategy — mature African offshore assets, then sell to a bigger player. Here's what that means for the stock.
The Vancouver digital health company has real scale and real growth. Whether the stock re-rates depends on whether profit catches up to revenue.
This TSX Venture-listed electrical equipment maker has swung wildly in value on thin trading volume.
The Montreal-based digital strategy firm has built its growth through M&A rather than organic expansion.
Washington escalated again Wednesday, replacing its 50% tariffs on these categories with import bans entirely. Canada says its dairy system is CUSMA-compliant and isn't backing down.
The index has repeatedly tested new highs through the summer, up more than 30% over the past year, despite the overhanging trade uncertainty.
A quota-for-lower-tariffs trade, floated once before, is back on the table as the clock runs down on Washington's deadline.