Business
Russian airspace ban means pricier flights for Canadian travellers and airlines
By Christopher Reynolds, The Canadian Press on April 23rd, 2023
MONTREAL – Ross Aimer still recalls the snow-white Russian tundra unfurling on the horizon during flights he piloted between the U.S. and Asia. “In summertime, it’s all daytime flying. That’s beautiful views,” said Aimer, CEO of California-based Aero Consulting Experts and a former United Airlines captain. Those vistas are no longer available to flight crews ... Read More »
Be the first to comment!Supreme Court preserves access to abortion pill for now
By Mark Sherman, The Associated Press on April 21st, 2023
WASHINGTON (AP) – The Supreme Court on Friday preserved women’s access to a drug used in the most common method of abortion, rejecting lower-court restrictions while a lawsuit continues. The justices granted emergency requests from the Biden administration and New York-based Danco Laboratories, maker of the drug mifepristone. They are appealing a lower court ruling ... Read More »
Be the first to comment!Tech, industrial stocks help lift S&P/TSX composite, U.S. stock markets up slightly
By The Canadian Press on April 21st, 2023
TORONTO – Strength in technology and industrial stocks helped Canada’s main stock index creep higher on Friday, while U.S. stock markets rose slightly on the final day of trading for the week. The S&P/TSX composite index was up 62.46 points at 20,693.15. In New York, the Dow Jones industrial average was up 22.34 points at ... Read More »
Be the first to comment!Stock market today: Stocks close quiet week with small gains
By Damian J. Troise And Alex Veiga, The Associated Press on April 21st, 2023
Stocks are closing with very slight gains on Wall Street as investors close out a quiet week highlighted by a batch of mostly mixed corporate earnings reports. The S&P 500, Dow Jones Industrial Average and Nasdaq all gained 0.1% Friday. Among the companies that reported results, hospital operator HCA Healthcare rose after raising its full-year ... Read More »
Be the first to comment!Former industry minister Navdeep Bains gets Rogers job, sparking criticism
By Nojoud Al Mallees, The Canadian Press on April 21st, 2023
OTTAWA – Former Liberal industry minister Navdeep Bains is joining Rogers as the company’s new chief corporate affairs officer, pushing critics to sound the alarm on a perceived politics-to-industry pipeline. Rogers announced several new appointments to its executive leadership team on Thursday, including Bains and a former Shaw executive. “This is a terrific opportunity to ... Read More »
Be the first to comment!National Bank CEO worried about effect of remote work on downtown Montreal
By The Canadian Press on April 21st, 2023
MONTREAL – The CEO of National Bank says he’s worried about the impact remote work is having on the vitality of downtown Montreal, but plans to maintain a flexible approach toward his employees working in the office. Laurent Ferreira said in an interview he’s worried about the effect the widespread adoption of telecommuting is having ... Read More »
Be the first to comment!Liberals table legislation to overhaul passenger rights charter
By The Canadian Press on April 21st, 2023
OTTAWA – The Liberals have put forward legislation that aims to make good on their pledge to tighten passenger rights rules after a year marked by travel chaos and a ballooning complaints backlog. Tabled in the House of Commons as part of a broader budget bill Thursday, the new provisions ratchet up penalties on airlines, ... Read More »
Be the first to comment!Keystone spill caused by crack that progressed over time: TC Energy
By The Canadian Press on April 21st, 2023
CALGARY – TC Energy Corp. says a third-party investigation into an oil spill from the company’s Keystone pipeline in December has concluded the incident was caused by a crack in a weld that occurred at the time of the pipeline’s construction. The Calgary-based company says the affected pipe segment was subjected during construction to “inadvertent ... Read More »
Be the first to comment!‘The Champagne of Beers’ leaves French producers frothing
By Samuel Petrequin, The Associated Press on April 21st, 2023
BRUSSELS (AP) – The guardians of Champagne will let no one take the name of the bubbly beverage in vain, not even a U.S. beer behemoth. For years, Miller High Life has used the “Champagne of Beers” slogan. This week, that appropriation became impossible to swallow. At the request of the trade body defending the ... Read More »
Be the first to comment!Trudeau to travel to New York for next week’s star-studded Global Citizen summit
By The Canadian Press on April 21st, 2023
WASHINGTON – Prime Minister Justin Trudeau is set to head to New York next week for an international summit championing sustainable development and human rights. Summit host Global Citizen bills the event as a forum to address some of the most urgent challenges facing humanity and the planet. The Prime Minister’s Office says Trudeau will ... Read More »
Be the first to comment!Federal strike could push air passenger complaints processing beyond 18 months
By The Canadian Press on April 21st, 2023
GATINEAU, Que. – The strike by federal civil servants could mean passengers who filed complaints with the country’s airline regulator could face even longer processing times. The Canadian Transportation Agency says a backlog of complaints on issues ranging from lost luggage to compensation for cancelled flights now sits at nearly 45,000 – a processing time ... Read More »
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