Move comes about 2 weeks after Kinder Morgan closed sale of Trans Mountain pipeline to Ottawa

Kinder Morgan Inc. has hired investment bank TD Securities to facilitate a potential sale of its Calgary-based Canadian business, which could fetch the U.S. pipeline operator as much as $2.4 billion, people familiar with the situation told Reuters this week.

The amount households owe, relative to their income, crept higher in the second quarter, even as mortgage borrowing continued to slow, Statistics Canada said.

The agency said Friday credit market debt as a proportion of household disposable income increased to 169.1 per cent as growth in debt outpaced income.

Small-company stocks did better than the rest of the market on what turned out to be an indecisive day of trading on Wall Street.

NEW YORK — U.S. stocks hardly moved Friday as the market wrapped up a solid week. Smaller companies rose following signs of sustained economic growth and reports that more tariffs on Chinese goods could be on the way.

The luxury goods maker Chanel has told the BBC it’s elected to set up its global office in the UK.

For the first time in its 110-year history, the brand is gathering the majority of its global business functions under one roof.

Researchers have warned that many popular free mobile apps aimed at children are potentially violating a U.S. law designed to protect the privacy of young users.

ALBUQUERQUE, N.M. — Researchers have warned that many popular free mobile apps aimed at children are potentially violating a U.S. law designed to protect the privacy of young users.

The world’s supply of oil hit a record last month, yet another sign of oil’s dominance over the energy landscape.

The International Energy Agency said Thursday that the global oil supply reached 100 million barrels a day for the first time ever, boosted by rising production in the U.S. and several OPEC nations.

Thanks to rekindled trade wars, more buyers are seeking made-in-Canada brands. Here’s how Growth 500 firms make the most of the Maple Leaf.

Dale Donaldson has an instant icebreaker. The CEO of Everspring Farms (2018 Growth 500: No. 275)­ works a lot of trade shows, and his answer to the first question typically asked by would-be clients—where are you based?—tends to elicit a telling response. “They’ll say, ‘Oh, you’re from Canada. Oh, OK,’” he explains. “It’s almost like it answers another four or five questions they don’t need to ask.”

The world is not ready to deal with another financial crisis, former Prime Minister Gordon Brown has told the BBC.

A breakdown in international co-operation means nations would be unable to act in a concerted way to tackle future threats – which are many.

The Small Business Administration (SBA) program provides government-backed loans to small businesses. This incentivizes banks to provide loans to small businesses it otherwise would have rejected for credit issues or lack of collateral. SBA loans usually come with a lot more paperwork and reporting requirements, but they also generally have favorable interest rates and terms.

In other stories, cardholders details stolen, national bank would like to see more financial ‘padding’ and Rynkeby builds new juice plant

Investors, tech-enthusiasts and apple fan boys are waiting eagerly for Apple’s annual unveiling event on Wednesday night when CEO Tim Cook will reveal the new iPhone range for 2019.