Teck Resources Ltd. has sold a 30 per cent stake in its Quebrada Blanca Phase 2 project to Sumitomo Metal Mining Co. Ltd. and Sumitomo Corp. for US$1.2 billion.

Enbridge Inc. has signed a deal to sell its natural gas distribution business in New Brunswick to Algonquin Power and Utilities Corp. for $331 million in cash.

Shares moderately lower in Asia following a bloodletting on Wall Street.

DesRosiers Automotive Consultants Inc. says light vehicle sales fell 9.4 per cent in November compared with last year for a ninth straight month of declines.

The head of Ski-Doo, Sea-Doo and Spyder maker BRP Inc. believes U.S. politicians will ratify the revised North American Free Trade Agreement despite threats that the continent could be left without any deal after President Donald Trump says he will withdraw from the existing trade pact.

Shares of Aphria Inc. lost more than a quarter of their value in early trading following a report by a short seller.

U.S. stocks surged in early trading Monday after the U.S. and China agreed to a 90-day truce in their escalating trade dispute, sending the Dow Jones Industrial Average up 300 points.

For nearly a decade, Tucson has been passed over by assembly, manufacturing and logistics companies that weren’t willing to wait for a new building to be constructed.

Oil market analyst Kevin Birn likens Western Canada’s crude supply to a bathtub with a drain that’s too small to keep up with the increasing volume pouring out of the tap.

China and Argentina have signed new trade deals reinforcing their economic and political ties.