WASHINGTON (AP) — A worrisome bout of inflation struck the U.S. economy in April, with consumer prices for goods and services surging 0.8% — the largest monthly jump in more than a decade — and the year-over-year increase reaching its fastest rate since 2008.
MONTREAL - WSP Global Inc. is reporting a big increase in net profits in the first quarter despite lower net revenues.
TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
A global shortage of computer chips, along with a surge in demand during the pandemic, has driven up prices of home appliances.
QUEBEC - While political and business leaders across the country scramble to avoid a shutdown of Enbridge Inc.'s Line 5 pipeline, Quebec could be spared the most serious consequences if the oil stops flowing.
TORONTO - North American stock markets closed lower for a third day this week as U.S. inflation numbers raised concerns about central banks increasing interest rates earlier than forecast.
TORONTO - Canada's two largest pipeline companies say they have taken a proactive approach to avoid the type of cyberattack that has disrupted gasoline supplies in the U.S. Southeast and contributed to higher retail gasoline prices across North America.
BEIJING - Inflation worries rattled Wall Street Wednesday, pulling the Dow Jones Industrial Average more than 680 points lower and placing the major stock indexes on track for their worst week in more than six months.
MINNEAPOLIS (AP) — Jim Klobuchar, a longtime Minnesota newspaper reporter and columnist and the father of U.S. Sen. Amy Klobuchar, has died after a long battle with Alzheimer's disease.
CALGARY - The CEO of Cenovus Energy Inc. says he's optimistic that his oil and gas company's second consecutive online annual shareholders meeting webcast on Wednesday will be its last.
OTTAWA - Britain's trade minister says his country expects to kick-start talks on a free-trade pact with Canada in the fall and suggests it might differ in scope from what is now in place.
CALGARY - In the latest project designed to green the oilsands industry, Wolf Midstream says it will build a facility to strip petroleum liquids from natural gas used in operations near Fort McMurray, Alta., leaving a purer fuel that will burn with fewer carbon emissions.
MONTREAL - Air Transat has extended the suspension of its flights until July 29, due to continued travel restrictions in Canada and abroad.
COLLEGE PARK, Md. (AP) — Sandra Kunz had been worried for her safety while working as a cashier at a Walmart in Aurora, Colorado, during the pandemic, said her sister, Paula Spellman.
RALEIGH (AP) — State and federal officials are scrambling to find alternate routes to deliver gasoline in the Southeast U.S. after a hack of the nation’s largest fuel pipeline led to panic-buying that contributed to more than 1,000 gas stations running out of fuel.
TORONTO - Freshii Inc. has recorded a million-dollar loss in its first quarter as many of its restaurants remain temporarily closed due to COVID-19.
CALGARY - Crescent Point Energy Corp. reported a first-quarter profit of $21.7 million compared with a $2.3-billion loss a year ago when oil prices were falling at the start of the pandemic.
MISSISSAUGA, Ontario (AP) _ SunOpta Inc. (STKL) on Wednesday reported first-quarter net income of $1.7 million.
VILLE ST LAURENT, Quebec (AP) _ Intertape Polymer Group Inc. (ITPOF) on Wednesday reported first-quarter net income of $19.1 million.
CALGARY, Alberta (AP) _ Crescent Point Energy Corp. (CPG) on Wednesday reported first-quarter net income of $17.1 million, after reporting a loss in the same period a year earlier.
TORONTO - A new report estimates nearly two-thirds of businesses globally, including 63 per cent in Canada, have seen an increase in targeted cyberattacks since they switched to widespread remote work.
TORONTO - A new report estimates nearly two-thirds of businesses globally, including 63 per cent in Canada, have seen an increase in targeted cyberattacks since they switched to widespread remote work.
DALLAS (AP) — A California judge has dismissed a Twitter lawsuit against Texas Attorney General Ken Paxton in which the social medium accused the Republican of using his office to retaliate for Twitter's banning the account of former President Donald Trump.
KYIV, Ukraine (AP) — Ukraine has indicted a top opposition figure who is a close ally of Russia's president with treason and attempts to steal natural resources from Russia-annexed Crimea.
TORONTO - TMX Group Ltd. is boosting its dividend by 10 per cent after reporting strong first-quarter results stemming from robust capital markets activity.
TORONTO (AP) _ HudBay Minerals Inc. (HBM) on Tuesday reported a loss of $60.1 million in its first quarter.
TORONTO - Kinross Gold Corp. says its net income attributable to shareholders surged in the first quarter due to higher price for the precious metal.
CALGARY, Alberta (AP) _ NXT Energy Solutions Inc. (NSFDF) on Tuesday reported a loss of $1.3 million in its first quarter.
VANCOUVER - Aritzia capped a challenging 2020 by sustaining most of its revenue in the fourth quarter thanks to growth in e-commerce sales despite government-mandated store closures.
MONTREAL (AP) _ Osisko Gold Royalties Ltd. (OR) on Tuesday reported first-quarter net income of $8.3 million, after reporting a loss in the same period a year earlier.
OTTAWA - The federal government is launching a basket of programs to bolster airports with hundreds of millions of dollars in funding first announced back in November, but the sector says more drastic steps are needed.
TORONTO (AP) _ Kinross Gold Corp. (KGC) on Tuesday reported first-quarter net income of $149.5 million.
TORONTO - Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Paper Excellence is expanding into the U.S. with a deal to buy Domtar Corp. in an agreement with an enterprise value of about US$3 billion.
TORONTO - North American stock markets rallied to pare morning losses prompted by worries about rising inflation.
TORONTO - Royal Bank of Canada and Tangerine ranked highest among Canadian banks this year as overall customer satisfaction among major financial institutions dropped during the pandemic, a prominent market research company reported Tuesday.
BURNABY, British Columbia (AP) _ Xenon Pharmaceuticals Inc. (XENE) on Tuesday reported a loss of $15.8 million in its first quarter.
NEW YORK (AP) — Reenergized under owner Jeff Bezos, The Washington Post named Associated Press veteran Sally Buzbee as its executive editor Tuesday, making her the first woman in the paper's 144-year history to lead the newsroom.
CALGARY - Oilsands producer Suncor Energy Inc. is partnering with utility Atco Ltd. on a "multibillion-dollar" project to produce more than 300,000 tonnes per year of hydrogen.
TORONTO - An expert is reassuring Canadians to not be worried about a spike in gasoline prices after a cyberattack on a critical U.S. pipeline.
LONDON (AP) — A German privacy watchdog banned Facebook on Tuesday from gathering data on users of its WhatsApp chat app, citing an update to its privacy policy that it said breaches stringent European data protection rules.
MONTREAL - Quebec's Labour Minister says he is concerned about the economic repercussions of a strike involving 2,500 ArcelorMittal workers announced Monday evening.
TORONTO - Darrell Wellington heads a growing tech company that used to do almost all its employee recruitment in person, except for a few overseas candidates — until last year.
WASHINGTON (AP) — U.S. employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses seeking to find new workers as the economy expands.
NEW YORK (AP) — The once-deserted steps outside the Metropolitan Museum of Art are filling up with visitors again. Hotel lobbies are losing their desolate feel. Downtown, people are back to taking selfies with the Charging Bull statue near Wall Street.
TORONTO - Centerra Gold Inc. reported a first-quarter profit of US$167.4 million as it faces trouble in the Kyrgyz Republic that may affect its ownership of the Kumtor mine.
TORONTO (AP) _ George Weston Ltd. (WNGRF) on Tuesday reported a first-quarter loss of $41.1 million, after reporting a profit in the same period a year earlier.
TORONTO - George Weston Ltd. reported a loss in its latest quarter compared with a profit a year ago as it was hit by one-time charges.
VANCOUVER, British Columbia (AP) _ Endeavour Silver Corp. (EXK) on Tuesday reported first-quarter net income of $12.2 million, after reporting a loss in the same period a year earlier.
SURREY, British Columbia (AP) _ Kelso Technologies Inc. (KIQ) on Tuesday reported a first-quarter loss of $800,000, after reporting a profit in the same period a year earlier.
SINGAPORE (AP) — Shares in Meituan, China’s largest food delivery platform, have tumbled after its CEO posted —and then deleted — an ancient poem in a move widely seen as possible criticism of the Chinese government.
Maple Fest brought to you by Centre culturel francophone de l'Okanagan
In a galaxy not so far away, a lone X-wing fighter scrambles to hide an important fragment of the past that could turn the tide and determine the future outcome of the war between the Rebellion and the revitalized Galactic Empire. The Kaiburr crystals were thought lost with the Jedi Order, b…
The Indigenous Sport, Physical Activity and Recreation Council (I·SPARC) is pleased to announce the six outstanding athletes named as the Interior regional recipients of the 2020 Premier’s Awards for Indigenous Youth Excellence in Sport.
