News of the day: Cenovus and Suncor deals, student housing developments, hidden market warnings, better living standards, bond markets and more

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeUncategorizedNews of the day: Cenovus and Suncor deals, student housing developments, hidden market warnings, better living standards, bond markets and moreCatch up on the stories we’re following todayCenovus Energy Inc. chief executive Jon McKenzie speaks at the Global Energy Show at the BMO Centre in Calgary on June 9, 2026. McKenzie said Oct. 5, 2026, that the deal for Athabasca "is a natural extension of our oilsands strategy." Photo by Gavin Young/Postmedia filesIt’s Monday, Oct. 5. Here are the top stories we’re following today.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountTwo of Canada’s biggest oilsands producers tightened their grip on northern Alberta in back-to-back announcements, with Cenovus Energy Inc. agreeing to buy Athabasca Oil Corp. and Suncor Energy Inc. selling a group of East Coast offshore assets.This advertisement has not loaded yet, but your article continues below. People walk through the University of Toronto campus. U of T, like a growing number of Canadian post-secondary schools, is grappling with a housing shortage. Photo by Peter J. Thompson/National PostGet the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againWith a traditional cost of roughly $300,000 per bed, the University of Toronto’s plan to build as many as 5,500 new student residence spaces by 2036 is an expensive proposition. Investors would be wise to pay attention to what markets may be signalling. Photo by Michael Nagle/Bloomberg via Getty ImagesOne of the most dangerous signals in investing is when market indexes tell a very different story from the underlying data, writes Martin Pelletier. From Brian Mulroney’s government on, political and business leaders have warned that flagging productivity would erode growth, wages and living standards. Photo by TONY CALDWELL,/PostmediaCanadian politicians have echoed calls for “elbows up” against threats from abroad. We need that same resolve at home, writes Armine Yalnizyan. A cyclist passing in front of Bank of Canada building in Ottawa on Sept. 30, 2026. Photo by HYUNGCHEOL PARK/Postmedia filesThe Bank of Canada is going to have to “feed the beast” that is the bond market with one rate hike before the year is out, says KPMG Canada.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.