Business

NEB approves modified Burnaby Terminal plans for Trans Mountain project

By The Canadian Press on June 22nd, 2018

CALGARY – The National Energy Board says it has approved modified plans for the Burnaby Terminal of the Trans Mountain pipeline project, clearing a final regulatory hurdle for construction to start. The regulator says the approved variance application will significantly improve safety at the terminal, which is the end point for the controversial pipeline the ... Read More »

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Facebook launches Messenger Kids in Canada, despite controversy in U.S.

By The Canadian Press on June 22nd, 2018

Facebook says it has launched its messenger app for kids in Canada. Messenger Kids is an app that allows kids to video call and message friends and family using a smartphone or tablet. Parents can control their child’s contact list and kids can’t hide messages. The app allows them to call or message adults on ... Read More »

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Nearly 475 CAE workers in Montreal go on strike after rejected contract offer

By The Canadian Press on June 22nd, 2018

MONTREAL – Nearly 475 unionized CAE Inc. employees in Montreal went on strike Friday afternoon after rejecting the company’s latest contract offer. Unifor national representative Daniel St-Pierre says the action, taken by members after voting 93 per cent against the offer, demonstrates the frustration that’s built up and a difficult labour climate. Stumbling blocks to ... Read More »

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TSX hits record high as New York markets mixed; Canadian dollar up

By The Canadian Press on June 22nd, 2018

TORONTO – Canada’s main stock index closed at a record high as oil prices rose, while the loonie advanced slightly on muted inflation and retail sales data. The Toronto Stock Exchange’s S&P/TSX composite index closed up 114.99 points at 16,450.14, led by gains in energy following an OPEC meeting. In New York, the Dow Jones ... Read More »

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DuVernay scores another milestone for black female directors

By The Associated Press on June 22nd, 2018

LOS ANGELES – Filmmaker Ava DuVernay has checked off another milestone for black female directors. This week her film “A Wrinkle in Time” crossed the $100 million mark domestically, a first for a black woman. The film got a late-game boost playing as a double feature at drive-in theatres with the record-breaking “Incredibles 2” this ... Read More »

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Shopify to provide e-commerce platform for online B.C. cannabis sales

By The Canadian Press on June 22nd, 2018

VANCOUVER – British Columbia has selected Shopify Inc. to provide an e-commerce platform for the online sale of non-medical cannabis in the province. The Liquor Distribution Branch, which will be the sole wholesale distributor and public retailer of cannabis, says the Ottawa-based company was selected because of its proven record of on-time service, user-friendly design ... Read More »

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Police: Backup driver in fatal Uber crash was distracted

By Tom Krisher And Jacques Billeaud, The Associated Press on June 22nd, 2018

PHOENIX – The human backup driver in an autonomous Uber SUV was streaming the television show “The Voice” and looking downward just before fatally striking a pedestrian in suburban Phoenix, according to a police report. The 300-page report released Thursday night by police in Tempe revealed that driver Rafaela Vasquez had been streaming the musical ... Read More »

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Justices adopt digital-age privacy rules to track cellphones

By Mark Sherman, The Associated Press on June 22nd, 2018

WASHINGTON – The Supreme Court ruled Friday that police generally need a search warrant if they want to track criminal suspects’ movements by collecting information about where they’ve used their cellphones, bolstering privacy interests in the digital age. The justices’ 5-4 decision marks a big change in how police may obtain cellphone tower records, an ... Read More »

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BlackBerry Q1 revenue, adjusted earnings beat estimates but stock falls

By David Paddon, The Canadian Press on June 22nd, 2018

TORONTO – BlackBerry Ltd. shares sank almost 10 per cent to their lowest levels in weeks on Friday, despite beating analysts’ estimates and reporting a solid start to its 2019 financial year. The company’s stock was trading at $14.05, down $1.56, or 9.99 per cent, in late morning trading on the Toronto Stock Exchange. The ... Read More »

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Stock indexes up sharply in Toronto, New York; Canadian dollar down

By The Canadian Press on June 22nd, 2018

TORONTO – Canada’s main stock index was up sharply in late morning trading, with energy and mining stocks providing much of the lift. The Toronto Stock Exchange’s S&P/TSX composite index was up 143.10 points to 16,478.25, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 133.10 points to 24,594.80. ... Read More »

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