Author: Paula Sambo

Montreal-based Canadian National has offered $30 billion for its U.S. rival, but the transaction appears to have little chance of succeeding.

Wilks Brothers has made a competing proposal to recapitalize struggling energy company Calfrac Well Services Ltd. and criticized management’s deal as favoring insiders.

Amazon.com has signed a deal with Cargojet Inc. that would allow the online retailer to buy a stake in the Canadian cargo carrier.