CARBIS BAY, England (AP) — Group of Seven leaders brought pledges to share vaccine doses and make a fairer global economy Friday to a seaside summit in England, where British Prime Minister Boris Johnson said the coronavirus pandemic should not be allowed to leave a “lasting scar” on the world.
TORONTO - Ontario stores and restaurants were teeming with customers Friday as the province lifted some of its COVID-19 restrictions for the first time in months.
TORONTO - Canada's main stock index moved further into record territory on a broad-based rally led by energy as crude prices climbed on increased demand from economic reopenings.
OTTAWA - The minority Liberal government pushed forward a key piece of its legislative agenda Friday, as a House of Commons committee wrapped up clause-by-clause review of a bill to give Canada more regulatory power over digital streaming platforms.
Statistics Canada said Friday that household financial assets rose for a fourth consecutive quarter and the debt-to-income ratio fell, but some economists predict the gains may slow down as the economy reopens and spending ramps up.
LAS VEGAS (AP) — Billionaire businessman and investor Richard Branson marked the opening Thursday of the new Virgin Hotels Las Vegas, promoting weekend events that kicked off with a show headlined by Christina Aguilera.
The low-cost fashion brand Forever 21 will have its full collections available at certain Hudson's Bay Co. stores across the country, as the U.S.-brand returns to the Canadian market.
MONTREAL - Insolvent beverage company DavidsTea Inc. says creditors have approved its plan of arrangement to distribute about $18 million to them in Canada and the U.S.
The clothing brand Forever 21 is making a return to the Canadian market after an agreement with Hudson's Bay Co. allowing them to offer collections inside the department store.
CALGARY - Tourmaline Oil Corp. says it has signed a deal to buy Black Swan Energy Ltd. in a deal worth $1.1 billion in stock and debt.
TORONTO - Roots Corp. reported a loss of $4.9 million in its latest quarter as its sales rose nearly 25 per cent compared with a year ago at the start of the pandemic.
Intact Financial Corp. says its joint venture with Tryg A/S has signed a deal to sell Codan Forsikring A/S's Danish business (Codan DK) to Alm. Brand A/S Group for about $2.52 billion.
Some 9,000 Canadian Border Service Agency workers are preparing for strike votes starting next week, even as Canada-U.S. border reopening talks get underway.
MONTREAL - Resolute Forest Products Inc. says strong lumber markets are allowing it to pay a special dividend, spend US$50 million on its sawmills to support growth and repay US$180 million in debt.
MONTREAL - Air Canada says it will recall more than 2,600 employees as it prepares for an increase in demand for flights, while also extending the deadline for COVID-19 refunds.
ST. IVES, England (AP) — The Group of Seven nations are set to commit to sharing at least 1 billion coronavirus shots with the world, British Prime Minister Boris Johnson announced Thursday, with half coming from the U.S. and 100 million from the U.K. as President Joe Biden urged allies to j…
TORONTO - North American stock markets rebounded as investors seemed to shrug off news that U.S. inflation is accelerating at its fastest pace since the financial crisis in 2008.
Even after its death, the divisive Keystone XL pipeline continued to leave Canadian energy industry experts at odds on Thursday, a day after TC Energy Corp. nailed the coffin shut on the project.
OTTAWA - The economy's ability to grow coming out of the pandemic isn't as hobbled by COVID-19 as the central bank first feared, a top Bank of Canada official says.
TORONTO - Supreme Cannabis shareholders have voted in favour of the company being sold to Canopy Growth Corp. for $435 million.
WASHINGTON (AP) — American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008.
Transat AT Inc. is optimistic about the upcoming winter season as the tour operator and airline aims to be a leaner company with lower operating costs after flying is slated to resume on July 30.
TORONTO - Scotiabank says it is donating $2.5 million to Windmill Microlending to help skilled immigrant women with career mentoring and financial support.
CALGARY - ATB Financial is raising its outlook for economic growth in Alberta this year because of higher-than-expected oil prices, rising vaccination rates and a strong recovery in the U.S.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly after being held back for months by the coronavirus pandemic.
FRANKFURT, Germany (AP) — The European Central Bank left its key pandemic support for the economy running full blast even as the economy shows signs of recovery thanks to lower virus cases and fewer restrictions on activity in the 19 countries that use the euro currency.
CALGARY - Another Canadian oil pipeline has bitten the dust after TC Energy Corp. said it was walking away from the Keystone XL pipeline project, ending a decade-plus battle that pitted the energy industry against environmentalists as oilsands producers sought to export Canadian crude.
BILLINGS, Mont. (AP) — The sponsor of the Keystone XL crude oil pipeline pulled the plug on the contentious project Wednesday after Canadian officials failed to persuade President Joe Biden to reverse his cancellation of its permit on the day he took office.
July 2008: TC Energy Corp. — then called TransCanada Corp. — and ConocoPhillips, joint owners of the Keystone Pipeline, propose a major extension to the network. The expansion, dubbed Keystone XL, would carry hundreds of thousands of barrels of oilsands bitumen from Alberta to Texas.
TORONTO - Ontario's reopening plan is being lambasted by some of the country's top retail and cinema executives, who argue the plan will further gut businesses after enduring one of the world's longest lockdowns.
CALGARY - Experts say a joint strategy by Canada's largest oilsands producers to reach net zero greenhouse gas emissions by 2050 will help speed up innovation and drive further investment into the industry.
TORONTO - North American stock markets fell midweek as investors await U.S. inflation numbers Thursday that could trigger early tapering action by the Federal Reserve.
MILAN (AP) — Anyone whose virtual alter ego is wandering around the Roblox online game platform these days might run into other avatars sporting Gucci handbags, sunglasses or hats.
OTTAWA - The Bank of Canada has left its economic aid package untouched, brushing off shortfalls in growth figures so far this year and seeing a more solid foundation for a strong rebound in the coming months.
Travel agencies say the Canadian government's plan to end quarantine hotel stays for some returning travellers is a big step for the travel industry, but air industry associations say more changes are necessary for a full rebound to take shape.
HALIFAX - George Avgeropoulos said he’s spent the last month looking for skilled workers to staff his restaurant in Toronto’s Danforth area.
Dollarama Inc.'s sales climbed by double digits in its latest quarter despite some of its stores facing tougher new retail restrictions amid rising COVID-19 cases, the Montreal-based retailer said Wednesday.
WASHINGTON (AP) — The U.S. will buy 500 million more doses of the Pfizer COVID-19 vaccine to share through the global COVAX alliance for donation to 92 lower income countries and the African Union over the next year, a person familiar with the matter said Wednesday.
MONTREAL - Transcontinental Inc. says its net income attributable to shareholders surged to $35.6 million in the second quarter as its printing sector marked the first organic growth since the beginning of the pandemic.
WASHINGTON (AP) — The White House has dropped Trump-era executive orders that attempted to ban the popular apps TikTok and WeChat and will conduct its own review aimed at identifying national security risks with software applications tied to China, officials said Wednesday.
TORONTO - The Ontario Securities Commission is taking action against two foreign cryptocurrency companies after a deadline to enter discussions about bringing their platforms into compliance with provincial laws came and went.
LONGUEUIL, Que. - ArcelorMittal Mines and Infrastructure Canada says a strike by its workers has ended after they ratified a deal reached between the company and the United Steelworkers.
SAN DIEGO (AP) — When the FBI dismantled an encrypted messaging service based in Canada in 2018, agents noticed users moving to other networks. Instead of following their tracks to rivals, investigators decided on a new tactic: creating their own service.
PHILADELPHIA (AP) — For all the love Wawa has gotten thanks to the HBO hit TV show “Mare of Easttown,” the popular Pennsylvania convenience store chain is giving a little back.
As Enbridge Energy prepares to finish rebuilding an oil pipeline across rural northern Minnesota, protesters are occupying part of the construction area and pledging a “summer of resistance” on the ground and in court.
In response to the COVID-19 pandemic and requirements for physical distancing, the Kelowna Fire Department has brought its portable Fire Safety House and important educational information, to video.