Business
Canadian Chamber of Commerce names Candace Laing new president and CEO
By Sammy Hudes, The Canadian Press on July 10th, 2024
The Canadian Chamber of Commerce has named Candace Laing its new president and CEO, effective Sept. 1. Laing has served as chair of the chamber’s board of directors since 2022 after joining the board in 2019, serving as its vice-chair from 2021 to 2022. The chamber said she has resigned from that role as she ... Read More »
Be the first to comment!Stock market today: Wall Street ticks higher ahead of more testimony from Fed Chair Powell
By Elaine Kurtenbach And Matt Ott, The Associated Press on July 10th, 2024
NEW YORK (AP) – U.S. stocks are ticking higher, sending Wall Street toward more records. The S&P 500 was up 0.2% in early trading Wednesday. The Dow Jones Industrial Average was flat, and the Nasdaq composite was 0.4% higher. Big technology companies were leading the way again. A frenzy around artificial-intelligence technology has been a ... Read More »
Be the first to comment!China launches investigation in response to EU’s probe of solar, wind power and other products
By The Associated Press on July 10th, 2024
BEIJING (AP) – China’s Commerce Ministry announced Wednesday it will launch an investigation into whether unfair trade practices were adopted by the European Union in its probe of Chinese companies. It said the investigation will focus on wind power, photovoltaics, security equipment and others and will be completed before next Jan. 10, with a possible ... Read More »
Be the first to comment!China launches investigation in retaliation over EU’s probe of solar, wind power and other products
By The Associated Press on July 10th, 2024
BEIJING (AP) – China’s Commerce Ministry announced Wednesday it will launch an investigation into whether unfair trade practices were adopted by the European Union in its probe of Chinese companies. It said the investigation will focus on wind power, photovoltaics, security equipment and others and will be completed before nexxt Jan. ... Read More »
Be the first to comment!Climate advocacy group calls out property insurers for fossil fuel support
By Ian Bickis, The Canadian Press on July 10th, 2024
TORONTO – A shareholder advocacy group is calling out Canada’s property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters. Investors for Paris Compliance says in a report out Wednesday that the seven largest Canadian property and casualty insurance companies collectively invested about $19.5 billion in oil ... Read More »
Be the first to comment!Israeli arms firm taking Canada to court after military contract disqualification
By The Canadian Press on July 10th, 2024
OTTAWA – An Israeli defence contractor is taking the Canadian government to court after the company says it was taken out of the running for a multimillion-dollar military equipment contract without explanation. Elbit Security Systems Ltd. says in an application filed in Federal Court last month that Public Services and Procurement Canada has refused to ... Read More »
Be the first to comment!‘Perfect rat storm’: Ontario cities seek ways to fight increasingly visible rats
By Sheila Reid, The Canadian Press on July 10th, 2024
Efforts are underway to combat growing rat populations in two of Ontario’s largest cities, as the rodents that typically lurk underground become more visible thanks to a combination of construction and climate change. In Toronto, the municipality’s infrastructure committee recently adopted a motion asking city council to direct staff to craft an “action plan” to ... Read More »
Be the first to comment!Airline regulator prods passenger to keep quiet on complaint rulings
By Christopher Reynolds, The Canadian Press on July 10th, 2024
A consumer rights organization says the Canadian Transportation Agency is pressuring passengers to stay silent about its rulings on their complaints – a move the country’s airline regulator says falls squarely within its mandate under the law. The agency has asked at least one complainant who posted a decision on the Air Passenger Rights’ Facebook ... Read More »
Be the first to comment!Ontario town to decide whether it’s willing to host a nuclear waste repository
By The Canadian Press on July 10th, 2024
IGNACE, ONTARIO – A northwestern Ontario town is set to decide today whether it is willing to become the site of a deep geological repository for Canada’s nuclear waste. The Nuclear Waste Management Organization plans to decide this year where millions of bundles of used nuclear fuel will be placed in a network of underground ... Read More »
Be the first to comment!What is listeriosis, the illness recently linked to a recall of plant-based milks?
By The Canadian Press on July 9th, 2024
Several people in Ontario have become sick with listeriosis in an outbreak that triggered a national recall of certain plant-based milks that may have been contaminated with Listeria. WHAT IS LISTERIA? The Listeria bacterium is found in soil, sewage and untreated water. It can also be found in foods such as meat, seafood, fruits, vegetables ... Read More »
Be the first to comment!Chiefs pass resolution reversing course on forensic audit of AFN
By Alessia Passafiume, The Canadian Press on July 9th, 2024
OTTAWA – The Assembly of First Nations passed an emergency resolution at its general assembly in Montreal Tuesday calling off a forensic audit that had been pushed by former national chief RoseAnne Archibald before she was ousted as national chief last year. The resolution said the audit of the AFN’s books was “not warranted and ... Read More »
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