Business
Jasper fires could cost insurance industry $700 million: DBRS estimate
By The Canadian Press on July 26th, 2024
A new report from DBRS Morningstar estimates the potential insured losses of the Jasper wildfires at up to $700 million. The credit ratings agency says it believes potential insured losses from this week’s disaster could come close to or even be higher than those incurred in the Slave Lake, Alta. wildfire in 2011, which – ... Read More »
Be the first to comment!Yukon government stepping in to build ‘safety berm’ after company misses deadlines
By The Canadian Press on July 26th, 2024
WHITEHORSE – The Yukon government says it is stepping in to build a safety berm at the site of the Eagle Gold mine disaster after the mine’s owner failed to meet a deadline imposed by a mine inspector last week. Yukon government officials say the berm is essential to allow for the installation of groundwater ... Read More »
Be the first to comment!MEG Energy announces dividend as it reaps Trans Mountain expansion benefits
By The Canadian Press on July 26th, 2024
CALGARY – MEG Energy announced a quarterly dividend of 10 cents per share as it reported earnings of $136 million, saying a successful start-up of the Trans Mountain pipeline expansion has helped generate better prices for its oil. The Calgary-basedoilsands company says its earnings for the second quarter of 2024 were $136 million, unchanged from ... Read More »
Be the first to comment!How to protect yourself from bad air quality due to wildfire smoke
By Nicole Ireland, The Canadian Press on July 26th, 2024
As wildfires burn in parts of Canada and the wind carries smoke into communities near and far, health experts are advising people to regularly check air quality ratings and take precautions. Wildfire smoke contains “particulate matter” – or small particles – that can be harmful when we breathe it in, Dawn Bowdish, a scientific adviser ... Read More »
Be the first to comment!Environmental activists target Montreal airport for third straight day
By The Canadian Press on July 26th, 2024
MONTREAL – Environmental activists have caused disruptions outside Montreal’s Trudeau International Airport for a third consecutive day in protest of Canadian fossil fuel policy. Activist group Last Generation Canada says three of its members glued their hands to the road today, blocking access to the arrivals area. Shortly before 2 p.m., the group issued a ... Read More »
Be the first to comment!Lululemon pauses sales of Breezethrough after consumers say line is ‘unflattering’
By The Canadian Press on July 26th, 2024
VANCOUVER – Lululemon Athletica Inc. says it is pausing sales of one of its new product lines that have generated complaints from consumers. The line of tights and other activewear being halted by the Vancouver-based apparel company is called Breezethrough. Many of the pieces in the line featured a long V-shaped waistband in the front ... Read More »
Be the first to comment!‘Time is running out’: Experts call on Ottawa to increase efforts with U.S. on trade
By Kelly Geraldine Malone, The Canadian Press on July 26th, 2024
WASHINGTON – A group of experts is sounding the alarm that Ottawa needs to swiftly make more inroads with Americans, or Canada will be deeply disadvantaged in a looming review of a crucial trade agreement. “Time is running out very rapidly for us,” said Perrin Beatty, co-chair of the Expert Group on Canada-U.S. Relations. The ... Read More »
Be the first to comment!Scotiabank says technical issues disrupting salary payments is fixed
By The Canadian Press on July 26th, 2024
TORONTO – Scotiabank says it has fixed an issue that caused some account holders not to receive their pay and other deposits Friday. Customers had taken to social media to complain about the issue, noting it came on a payday near the end of the month when many bills come due. The bank says in ... Read More »
Be the first to comment!Scotiabank say technical issues disrupting salary payments is fixed
By The Canadian Press on July 26th, 2024
TORONTO – Scotiabank says it has fixed an issue that caused some account holders not to receive their pay and other deposits Friday. Customers had taken to social media to complain about the issue, noting it came on a payday near the end of the month when many bills come due. The bank says in ... Read More »
Be the first to comment!CN Rail resumes shipments through Jasper
By Amanda Stephenson, The Canadian Press on July 26th, 2024
Canadian National Railway Co. says it has restarted rail shipments through Jasper National Park. Canada’s largest railroad operator suspended operations in the Jasper area Wednesday afternoon as wildfires raged through the Alberta park and destroyed structures in the townsite. The halt had Canadian ports prepared for a slowdown in the movement of goods, as Jasper ... Read More »
Be the first to comment!‘Deadpool & Wolverine’ is already breaking box office records, with more possible soon
By Lindsey Bahr, The Associated Press on July 26th, 2024
” Deadpool & Wolverine “ has gotten off to a supercharged start at the box office, breaking the Thursday preview record for an R-rated movie. The comic-book film sold an estimated $38.5 million worth of movie tickets from preview screenings Thursday, Disney said Friday. The previous R-rated record-holder was “Deadpool 2,” released by Fox’s 20th ... Read More »
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