November 26th, 2024

Business

More than 400 lightning strikes spark eight new wildfires, BC Wildfire Services says

By The Canadian Press on August 10th, 2024

BRITISH COLUMBIA – The agency monitoring wildfires in British Columbia’s says eight new blazes have sprung up in the southern regions of the Northwest Fire Centre after more than 400 lightning strikes hit the area on Friday night. The BC Wildfire service says four of the new fires are burning west of the Witset community, ... Read More »

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Rail shutdown possible in two weeks, as lockout warnings follow labour board ruling

By Christopher Reynolds, The Canadian Press on August 9th, 2024

As the negotiating clock ticks down, the country’s two main railways are set for a nationwide strike or lockout in less than two weeks after a ruling that their work does not amount to an essential service. Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. warned Friday that lockouts on Aug. 22 are ... Read More »

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Cannabis oils and softgels recalled due to intoxicating ingredients: Heath Canada

By The Canadian Press on August 9th, 2024

Health Canada has announced a recall of several cannabis oils and softgels because they may contain unexpected amounts of THC and HHC. The agency says both ingredients are intoxicants and could pose a danger to consumers. The affected products include specific dosages of Emprise CBN+CBD Softgels, NuLeaf Naturals Full Spectrum Hemp Multicannabinoid Oil and Oil ... Read More »

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FDA won’t approve psychedelic MDMA for PTSD, calling for additional study

By Matthew Perrone, The Associated Press on August 9th, 2024

WASHINGTON (AP) – Federal health regulators on Friday declined to approve the psychedelic drug MDMA as a therapy for PTSD, a major setback for groups seeking a breakthrough decision in favor of using mind-altering substances to treat serious mental health conditions. Drugmaker Lykos Therapeutics said the FDA notified the company that the drug “could not ... Read More »

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S&P/TSX composite up Friday, U.S. stock markets also rise to end volatile week

By The Canadian Press on August 9th, 2024

TORONTO – Canada’s main stock index moved higher Friday, helped by gains in base metal stocks, while U.S. stock markets also rose moderately, marking the end of a volatile trading week. The S&P/TSX composite index closed up 85.69 points at 22,311.30. In New York, the Dow Jones industrial average was up 51.05 points at 39,497.54. ... Read More »

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Wall Street is ending a wild week nearly where it began. More tests loom next week

By Stan Choe, The Associated Press on August 9th, 2024

NEW YORK (AP) – Stocks are closing a wild, whipsaw week for Wall Street with modest gains. The S&P 500 rose 0.5% Friday, coming off its best day since 2022, trimming its loss for the week down to 0.1%. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite added 0.5%. Both are also ... Read More »

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B.C. risks ‘carpet’ of rotting apples without help after co-op’s closure: growers

By The Canadian Press on August 9th, 2024

As gala apples ripen on British Columbia’s trees, the president of the provincial fruit growers’ group worries about a devastating season without a way for farmers to refrigerate their crops. Peter Simonsen of the BC Fruit Growers’ Association says without infrastructure provided by the BC Tree Fruits Cooperative, which abruptly closed last month, it may ... Read More »

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68 dead fish found after contaminated water discharge from Yukon mine disaster site

By The Canadian Press on August 9th, 2024

WHITEHORSE – Yukon government officials say 68 dead fish have been found after an ore slide and discharge of cyanide contaminated water from the Eagle Gold mine site. Cameron Sinclair, a Yukon government fisheries biologist, says the fish were discovered last week by the mine’s owner, Victoria Gold, and they’re believed to have died after ... Read More »

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Rail strike possible in two weeks after labour board rules the work non-essential

By Christopher Reynolds, The Canadian Press on August 9th, 2024

The country’s labour tribunal says rail employees do not carry out essential work, opening the gate to a full-fledged strike in less than two weeks that has the potential to snarl the supply chain nationwide. In a pair of rulings Friday, the Canada Industrial Relations Board said a work stoppage would pose no “serious danger” ... Read More »

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Poilievre calls for tariffs on Chinese EVs, Liberals imply they’re already coming

By Mia Rabson, The Canadian Press on August 9th, 2024

OTTAWA – A future Conservative government would slap massive import tariffs on Chinese-made electric vehicles and a host of other products in a bid to protect Canadian jobs, Leader Pierre Poilievre said Friday. His promise comes as the Liberal government just completed the required consultations to impose tariffs on Chinese-made electric vehicles and launched an ... Read More »

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Rail strike possible as of Aug. 22 after labour board rules services non-essential

By The Canadian Press on August 9th, 2024

OTTAWA – The country’s labour tribunal says services provided by rail employees do not amount to essential work, opening the gate to a full-fledged strike in less than two weeks. In a pair of rulings Friday, the Canada Industrial Relations Board said a work stoppage would not pose a “serious danger” to public health or ... Read More »

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