November 12th, 2024

Business

Teck Metals Ltd. fined $2.2 million for spill into Columbia River

By The Canadian Press on January 10th, 2023

ROSSLAND, B.C. – Environment and Climate Change Canada says Teck Metals Ltd., a subsidiary of Teck Resources Ltd., has been ordered to pay $2.2 million in federal and provincial fines for an effluent spill into the Columbia River. The government department says in a release that Teck earlier pleaded guilty to two charges laid under ... Read More »

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West Fraser Timber to indefinitely curtail Florida sawmill

By The Canadian Press on January 10th, 2023

VANCOUVER – West Fraser Timber Co. Ltd. says it will indefinitely curtail its Perry Sawmill in Florida later this month due to high fibre costs and softening lumber markets. The Vancouver-based company said in a press release that the indefinite curtailment will affect around 126 employees. However, West Fraser says it will try to mitigate ... Read More »

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S&P/TSX composite posts small gain Tuesday, U.S. markets also rise

By The Canadian Press on January 10th, 2023

TORONTO – Canada’s main stock index eked out a small gain Tuesday with mixed results among sectors, while U.S. markets were also up. The S&P/TSX composite index was up 41.79 points at 19,898.86. In New York, the Dow Jones industrial average was up 186.45 points at 33,704.10. The S&P 500 index was up 27.16 points ... Read More »

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Uber public policy head wants Ont. to move ‘faster and further’ on gig economy

By Tara Deschamps, The Canadian Press on January 10th, 2023

Uber’s vice-president and global head of public policy wants Ontario to speed up its efforts to deliver gig economy legislation and act on its pitch to boost gig worker benefits. “We would like to go further and faster and more quickly than perhaps the government is ready to do,” said Andrew Byrne, in an interview ... Read More »

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Trump executive Allen Weisselberg gets 5-month jail sentence

By Michael R. Sisak, The Associated Press on January 10th, 2023

NEW YORK (AP) – Allen Weisselberg, a longtime executive for Donald Trump ‘s business empire whose testimony helped convict the former president’s company of tax fraud, was sentenced Tuesday to five months in jail for dodging taxes on $1.7 million in job perks. Weisselberg, 75, was promised that sentence in August when he agreed to ... Read More »

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U.S. President Joe Biden to visit Canada in March, PMO says as ‘Three Amigos’ meet

By James McCarten, The Canadian Press on January 10th, 2023

MEXICO CITY – U.S. President Joe Biden will visit Canada in March, the Prime Minister’s Office confirmed Tuesday as North America’s three leaders gathered for the official start of the trilateral summit known as the “Three Amigos.” Word confirming the oft-delayed trip, normally one of the first orders of business of a new president, came ... Read More »

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Hydro-Québec president Sophie Brochu announces resignation before end of 5-year term

By Stéphane Rolland, The Canadian Press on January 10th, 2023

MONTREAL – The president and CEO of Quebec’s hydro utility announced on Tuesday she will step down on April 11 after less than three years on the job. In a letter sent to Hydro-Québec employees, Sophie Brochu did not give a reason for leaving before the end of her five-year mandate but said it was ... Read More »

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Legal recreational marijuana sales start in Connecticut

By Susan Haigh, The Associated Press on January 10th, 2023

MONTVILLE, Conn. (AP) – Connecticut’s first round of recreational cannabis sales for adults 21 and older began Tuesday at seven existing medical marijuana establishments across the state, less than two years after Gov. Ned Lamont signed legislation making Connecticut the latest state to legalize retail sales. As many as 40 dispensaries, along with dozens of ... Read More »

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U.S. President Joe Biden to visit Canada in March, White House says

By The Canadian Press on January 10th, 2023

WASHINGTON – U.S. President Joe Biden will make his first official visit to Canada in March, the White House has confirmed. The announcement comes after Biden and Prime Minister Justin Trudeau sat down this morning for a bilateral meeting on the sidelines of the “Three Amigos” summit in Mexico City. Canada is normally one of ... Read More »

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Icelandic budget airline to offer flights to Europe from Hamilton airport

By The Canadian Press on January 10th, 2023

HAMILTON – Icelandic low-cost airline Play says it is expanding to Canada. The Reykjavik-based carrier says it will offer flights from Canada to 26 European destinations including London, Paris, Berlin, Copenhagen, Dublin, Brussels, Stockholm, and Gothenburg. Play says all of its new Canadian flights will be offered out of Hamilton International Airport, with service beginning ... Read More »

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CP NewsAlert: U.S. President Joe Biden to visit Canada in March

By The Canadian Press on January 10th, 2023

WASHINGTON – U.S. President Joe Biden will make his first official visit to Canada in March, the White House has confirmed. More coming... Read More »

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