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Alta.'s tactic of doling out cash fuels inflation rather than easing it: economists
Provinces peppering the public with cash to deal with soaring prices compounds inflation rather than easing it, economists say. They say the tactic used by Alberta this week and B.C.
Nov 23, 2022 4:01 PM
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Stocks gain ground on Wall Street ahead of US holiday
NEW YORK — Stocks closed broadly higher on Wall Street Wednesday, after the minutes from the Federal Reserve's most recent policy meeting showed central bank officials agreed that smaller rate hikes would likely be appropriate “soon.
Nov 23, 2022 3:36 PM
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Shaw CEO tells Competition Tribunal that company needs merger with Rogers
OTTAWA — Shaw Communications Inc. says it doesn't have the scale and size to give customers the services and products they want, which is why it made the decision to merge with Rogers Communications Inc.
Nov 23, 2022 3:24 PM
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Some Big Six banks pulling ahead on climate policy but more to be done: report
TORONTO — Some of Canada's Big Six banks are pulling ahead of others on climate policy but they all still have a ways to go, said a report out Wednesday.
Nov 23, 2022 2:14 PM
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Most Fed officials at last meeting backed slower rate hikes
WASHINGTON (AP) — Most Federal Reserve officials at their last meeting favored reducing the size of their interest rate hikes “soon’’— just before raising their benchmark rate by a substantial three-quarters of a point for a fourth straight time.
Nov 23, 2022 2:02 PM
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Business outlook worsened in third quarter: Statistics Canada
Business economic outlook worsened in the third quarter as interest rates began to have a cooling effect on the Canadian economy.
Nov 23, 2022 10:53 AM
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The CP Holiday Train returns to the rails for the first time in three years
MONTREAL — For the first time since 2019, the Canadian Pacific Holiday Train will make its annual journey through Canada and the U.S. to bring live music and raise holiday spirits.
Nov 23, 2022 9:59 AM
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Unemployment claims rise to 240,000, highest since August
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic standards.
Nov 23, 2022 7:56 AM
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Enbridge announces completion of France's first offshore wind farm
CALGARY — France's first commercial-scale offshore wind farm, which was developed by Canadian energy giant Enbridge Inc. in partnership with EDF Renewables and the Canada Pension Plan Investment Board, officially opened Wednesday.
Nov 23, 2022 7:00 AM
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Canadian workers say they face barriers amid growing union push at Starbucks
Unionization among Canadian Starbucks employees is starting to gain traction, organizers say, but much like their U.S. counterparts, workers face barriers and alleged anti-union activity by the coffee giant.
Nov 23, 2022 3:00 AM
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