business

Cenovus Energy Inc. has raised its takeover offer for MEG Energy Corp., winning the support of Strathcona Resources Ltd., which had opposed the deal. Source link

More than two years after paying out $4.99 million in an allegedly bogus refund, the Canada Revenue Agency is stuck in Federal Court trying to figure out where the money went and how to get it back. Source link

While Calgary is best known as an oil and gas town, a growing aerospace and defence industry has largely flown under the radar. The sector hopes to get a boost from a renewed national interest in defence spending, and in sourcing contracts from Canadian companies. Source link

Sobeys Inc. confirmed it’s running a body-worn camera pilot after FreshCo cashiers were spotted wearing them in a store located at Sherbourne and Isabella streets. Source link

Statistics Canada says it will delay publishing international trade data for September because of the government shutdown in the United States. Source link

U.S. inflation remained elevated last month as the costs of some imported goods rose while rental prices cooled. Source link

Air Canada is reducing a number of non-union management positions, the airline said Thursday. Source link

In an email sent to shoppers Thursday morning, the company said the breached records may include the names, addresses, emails and phone numbers of customers — though no passwords, credit card details or similar confidential data were involved in the incident. Source link

A few days after Amazon’s cloud services company AWS had an outage that plunged millions of popular websites and apps into the dark, questions still linger about why some companies get so big in the first place — and why it’s so hard to keep them from controlling markets. Source link

By the time many fans made it to the front of the queue, they say only high-priced resale tickets were available on sites like Ticketmaster. Experts say creating legislation to make ticket buying more fair could help, but it’s no easy task. Source link