Business
Alberta cabinet minister says has concerns over discounted four-litre jugs of vodka
By Lisa Johnson, The Canadian Press on April 8th, 2024
EDMONTON – The cabinet minister responsible for Alberta’s liquor industry is calling out a four-litre plastic jug of vodka being sold for under $50, and says he is looking at intervening in prices. However, the vodka retailer says while $50 is a discounted price, it’s a fair one and that government intervention in price-setting could ... Read More »
Be the first to comment!S&P/TSX edges lower, U.S. stock markets mixed ahead of busy week
By Rosa Saba, The Canadian Press on April 8th, 2024
TORONTO – Canada’s main stock index dipped Monday while U.S. markets were mixed ahead of a busy week that will see lots of economic data, the start of U.S. earnings season, and a Bank of Canada interest rate decision. The S&P/TSX composite index was down 4.08 points at 22,260.30. In New York, the Dow Jones ... Read More »
Be the first to comment!B.C. container terminal operator calls its emissions data a ‘trade secret’
By The Canadian Press on April 8th, 2024
VANCOUVER – The B.C. company that operates Canada’s largest container terminal is going to court against the federal government to keep five years of greenhouse-gas emissions data secret. GCT Canada Limited Partnership says the Minister of Environment and Climate Change wants to publish emissions data from the Deltaport facility south of Vancouver under the federal ... Read More »
Be the first to comment!S&P/TSX composite edges lower Monday as U.S. stock markets are mixed
By The Canadian Press on April 8th, 2024
TORONTO – Canada’s main stock index dipped Monday while U.S. markets were mixed ahead of a busy week that will see lots of economic data, the start of U.S. earnings season, and a Bank of Canada interest rate decision. The S&P/TSX composite index was down 4.08 points at 22,260.30. In New York, the Dow Jones ... Read More »
Be the first to comment!Stock market today: Wall Street holds at a virtual standstill following last week’s sharp swerves
By Stan Choe, The Associated Press on April 8th, 2024
NEW YORK (AP) – U.S. stock indexes held at a virtual standstill Monday as trading calmed after a whirlwind couple of days left them a bit shy of their records. The S&P 500 edged down by 1.95 points, or less than 0.1%, to 5,202.39. It was coming off a shaky stretch where a 1.2% drop ... Read More »
Be the first to comment!Stock market today: Wall Street holds steadier after last week’s sharp swerves
By Stan Choe, The Associated Press on April 8th, 2024
NEW YORK (AP) – Stocks drifted to a mixed close after last week’s roller-coaster ride left them shy of their records. The S&P 500, the Dow Jones Industrial Average and the Nasdaq composite all ended little changed. Treasury yields moved higher. The focus on Wall Street has been on interest rates and when the Federal ... Read More »
Be the first to comment!Deportation hearing set for truck driver in deadly Saskatchewan hockey team bus crash
By Bill Graveland, The Canadian Press on April 8th, 2024
CALGARY – A deportation hearing for the truck driver who caused the deadly Humboldt Broncos bus crash six years ago has been scheduled for next month. Lawyer Michael Greene said Monday the hearing for his client Jaskirat Singh Sidhu is to be held May 24. “It was an inevitability. I mean, the (immigration) minister could ... Read More »
Be the first to comment!Tech experts hope federal AI funding will help quicken adoption, commercialization
By The Canadian Press on April 8th, 2024
TORONTO – Tech experts are hopeful that more than two billion dollars in federal funding for Canada’s artificial intelligence industry will accelerate the adoption of technology and help businesses commercialize AI products and services. The federal government announced Sunday that its upcoming budget will set aside $2.4 billion to help bolster Canada’s AI sector. Krista ... Read More »
Be the first to comment!Syncrude to pay $390,000 penalty for 2021 oilsands worker death
By The Canadian Press on April 8th, 2024
FORT MCMURRAY, Alta. – Oilsands operator Syncrude Canada Ltd. has been ordered to pay a $390,000 penalty in relation to the death of a worker in 2021. Syncrude – which is an oilsands joint venture majority-owned by Suncor Energy Inc. – pleaded guilty on April 4 in a Fort McMurray court to one charge under ... Read More »
Be the first to comment!S&P/TSX composite edges lower Monday morning as U.S. stock markets rise
By The Canadian Press on April 8th, 2024
TORONTO – Losses in the energy sector led Canada’s main stock index slightly lower in late-morning trading on Monday, while U.S. stock markets were up. The S&P/TSX composite index was down 18.63 points at 22,245.75 In New York, the Dow Jones industrial average was up 52.04 points at 38,956.08. The S&P 500 index was up ... Read More »
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