Business
Alta.’s tactic of doling out cash fuels inflation rather than easing it: economists
By The Canadian Press on November 23rd, 2022
Economists say provinces peppering the public with cash to deal with soaring prices compounds inflation rather than easing it. Travis Shaw says the move fails to quell inflation because having extra money means people can keep spending and demand for products and service will stay high, keeping decades-high inflation from budging. The senior vice-president of ... Read More »
Be the first to comment!Oil and gas drilling sector expects activity to pick up in 2023
By The Canadian Press on November 23rd, 2022
CALGARY – The organization representing Canada’s oil and gas drilling sector says it expects more activity in 2023. The Canadian Association of Energy Contractors (CAOEC) says it expects 6,409 wells to be drilled in Canada in 2023, an approximately 15 per cent increase from 2022. The CAOEC predicts 42,350 people will be employed directly and ... Read More »
Be the first to comment!The CP Holiday Train returns to the rails for the first time in three years
By The Canadian Press on November 23rd, 2022
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. Over the next four weeks, the train decorated with hundreds of thousands of LED lights will head out to raise money and food donations ... Read More »
Be the first to comment!Walmart manager opens fire in break room, killing 6
By Alex Brandon, The Associated Press on November 23rd, 2022
CHESAPEAKE, Va. (AP) – A Walmart manager opened fire on fellow employees in the break room of a Virginia store, killing six people in the country’s second high-profile mass shooting in four days, police and a witness said Wednesday. The gunman, who apparently shot himself, was dead when police found him, Chesapeake Police Chief Mark ... Read More »
1 responseStocks open mostly higher on Wall Street ahead of US holiday
By Elaine Kurtenbach, The Associated Press on November 23rd, 2022
NEW YORK (AP) – Stocks are mostly higher in the early going on Wall Street as traders look ahead to the release of minutes later in the day from the Federal Reserve’s latest policy meeting. The S&P 500 index was up 0.2% early Wednesday, the Nasdaq was up 0.3% and the Dow Jones Industrial Average ... Read More »
1 responseWitness: Walmart employee opened fire in break room; 6 dead
By Alex Brandon, The Associated Press on November 23rd, 2022
CHESAPEAKE, Va. (AP) – A Walmart manager opened fire on fellow employees gathered in the break room of a Virginia store, a witness said Wednesday. Six people died in the country’s second high-profile mass shooting in a handful of days. The gunman, who apparently killed himself, was dead when police found him, said Chesapeake Police ... Read More »
1 responseUnemployment claims rise to 240,000, highest since August
By Paul Wiseman, The Associated Press on November 23rd, 2022
WASHINGTON (AP) – The number of Americans applying for unemployment benefits rose the highest level since August but still remains low by historic standards. The Labor Department reported Wednesday that 240,000 people applied for jobless aid last week, up by 17,000 from the week before. The four-week moving average of claims, which smooths out week-to-week ... Read More »
1 responseWalmart employee fired on co-workers in break room; 6 dead
By Alex Brandon, The Associated Press on November 23rd, 2022
CHESAPEAKE, Va. (AP) – A Walmart manager opened fire on fellow employees gathered in the break room of a Virginia store, a witness said Wednesday. Six people were killed in the country’s second high-profile mass killing in a handful of days. The gunman also killed himself, Chesapeake Police Chief Mark G. Solesky said. There was ... Read More »
1 responsePolice: Walmart employee opened fire in store, killing 6
By Alex Brandon, The Associated Press on November 23rd, 2022
CHESAPEAKE, Va. (AP) – A Walmart employee opened fire at a store in Virginia, leaving six people dead, police said Wednesday, in the country’s second high-profile mass killing in a handful of days. The assailant also killed himself. The store in Chesapeake was busy just before the shooting Tuesday night with people stocking up ahead ... Read More »
Be the first to comment!Enbridge announces completion of France’s first offshore wind farm
By Amanda Stephenson, The Canadian Press on November 23rd, 2022
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. The 480-megawatt Saint-Nazaire wind farm consists of 80 turbines off the coast of the Loire-Atlantique region of France. It is expected to power ... Read More »
Be the first to comment!Police: 6 people and assailant dead in Walmart shooting
By Alex Brandon, The Associated Press on November 23rd, 2022
CHESAPEAKE, Va. (AP) – A shooter opened fire in a Walmart in Virginia late Tuesday, leaving six people dead, police said, in the country’s second high-profile mass killing in a handful of days. The assailant is also dead. The store in Chesapeake is now safe and will likely be closed for several days during the ... Read More »
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