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PetroCanada issues may be ‘tip of the iceberg’ after Suncor cybersecurity incident – Business News

Photo: The Canadian Press Suncor Energy Inc. falling victim to a cyberattack may be the most significant cybersecurity breach of an oil and gas company thus far in Canadian history, experts say. The Calgary-based oil company has provided no details about the attack or which parts of its operations were affected, saying simply in a […]

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Smith faces a slew of financial challenges in Alberta after election victory

After faltering about a decade ago in her ambitions to lead the Wildrose Party to power in Alberta, Danielle Smith found redemption on Monday night as leader of the United Conservative Party with a majority victory in the provincial election. Smith became premier in October after winning the UCP leadership vote in the wake of

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How Ryan Reynolds became Canada’s unlikeliest business mogul

UPDATE: After this story was originally published, Wrexham Football Club — which Ryan Reynolds and actor Rob McElhenney bought in 2021 — qualified for the fourth tier of the English football league system. The business of Ryan Reynolds is booming. He bought into Montreal payment technology company Nuvei this week. He recently sold Mint Mobile

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Kraft Heinz boosted by foodservice, emerging markets

PITTSBURGH — Even as consumers shifted buying behaviors because of higher costs, Kraft Heinz Co. managed to generate higher sales and profits in the first quarter while raising its earnings guidance for the year. Carlos A. Abrams-Rivera, executive vice president and president of North America, said the company had anticipated a move by lower-income consumers

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Conservatives wouldn’t allow Teck takeover: Poilievre – Business News

Photo: Nelson Bennett Conservative Party Leader Pierre Poilievre said ‘actions like Glencore’s are unacceptable.’ Pierre Poilievre and his Conservative Party are in no position to do anything about Glencore’s bid for Teck Resources (TSX:TECK.B,NYSE:TECK), but if the Conservatives were in power, they would use the Investment Act to prevent what Poilievre calls a hostile takeover.

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Twitter pulls check mark from main New York Times account – Business News

Photo: The Canadian Press FILE – The Twitter application is seen on a digital device, April 25, 2022, in San Diego. Twitter has removed the verification check mark on the main account of The New York Times, one of CEO Elon Musk’s most despised news organizations. The removal comes as many of Twitter’s high-profile users

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Enbridge ‘disappointed’ as environmental review for Line 5 tunnel extended – Business News

Enbridge ‘disappointed’ The Canadian Press – March 23, 2023 / 1:22 pm | Stories: 417614 Photo: The Canadian Press This photo taken in October 2016 shows an aboveground section of Enbridge’s Line 5 at the Mackinaw City, Mich., pump station. THE CANADIAN PRESS/AP – John Flesher The timeline of a US review of a proposed

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