Enbridge reports $1.1B Q4 loss as it takes $2.5B goodwill impairment charge - BNN Bloomberg

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Enbridge reports $1.1B Q4 loss as it takes $2.5B goodwill impairment charge - BNN Bloomberg
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Enbridge Inc. reported a loss of $1.1 billion in its latest quarter as it took a $2.5-billion non-cash goodwill impairment charge related to its gas transmission business as a result of what it said was the increased cost of capital.

The Daily Chase: Canada adds 150,000 jobs in January; Magna misses Q4 estimatesReport urges windfall tax to recover CEWS funds from large corporationsTSX recap: Index finishes lower amid losses in tech, utilitiesAuto prices to ease but affordability still a challenge with no quick fix: expertsHow much Canadians have fallen behind amid high

inflation and who's hurting the mostCanadian business, consumer insolvencies soar in 2022Canadians now expect to need $1.7M in order to retire: BMO surveyTrudeau eyes billions to patch Canada's creaking health systemU.S. Fed slows rate hikes even as Powell says there's more work to doToronto's housing market enters deep freeze with sales down

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