Business
CP Rail launches major clean-up effort after derailment in Maine
By The Canadian Press on April 16th, 2023
MONTREAL – Canadian Pacific Kansas City railway crews face a hefty cleanup effort after a freight train derailed in rural Maine yesterday, setting several cars ablaze. CPKC says the train hit a washout on the track in a wooded area near Moosehead Lake, some 220 kilometres southeast of Quebec City. The railroad operator says three ... Read More »
Be the first to comment!Pot shop robberies spur push to end restrictions on window displays
By Tara Deschamps, The Canadian Press on April 16th, 2023
TORONTO – When Elisa Keay works at her Toronto cannabis store, the days feel long and dark – even when the sun is bright. The gloominess comes from the frosted windows that adorn K’s Pot Shop in Leslieville, blocking out the weather or even who is about to walk into her store. The windows are ... Read More »
Be the first to comment!Talk of LNG as clean fuel alternative risks losing sight of climate goals: experts
By James McCarten, The Canadian Press on April 16th, 2023
WASHINGTON – The progressive side of Canada’s fossil-fuel energy debate is pushing back against the prospect of relying on natural gas as a path to a carbon-free future. High prices and a spike in demand, largely the result of Russia’s war in Ukraine, are giving momentum to the idea that liquified natural gas could replace ... Read More »
Be the first to comment!G7 vows to step up moves to renewable energy, zero carbon
By Elaine Kurtenbach, The Associated Press on April 15th, 2023
SAPPORO, Japan (AP) – Energy and environment ministers of the Group of Seven wealthy nations vowed to work to hasten the shift toward cleaner, renewable energy, but set no timetable for phasing out coal-fired power plants as they wrapped up talks on Sunday. The G-7 officials issued a communique laying out their commitments after talks ... Read More »
Be the first to comment!Macron’s unpopular pension plan enacted into French law
By The Associated Press on April 15th, 2023
PARIS (AP) – French President Emmanuel Macron’s unpopular plan to raise France’s retirement age from 62 to 64 was enacted into law Saturday, the day after the country’s constitutional body approved the change. Macron’s signature and publication in the Official Journal of the French Republic allowed the law to enter into force. On Friday, the ... Read More »
Be the first to comment!Proposed shark tourism project has to walk fine line to balance benefits and safety
By Hina Alam, The Canadian Press on April 15th, 2023
A proposed tourism project off the coast of Nova Scotia to let people watch great white sharks through the bars of a submerged cage requires a balancing act between sightseeing and the needs of the animals, says one expert. Shark watching is a growing global tourism industry, but it has the potential to do harm, ... Read More »
Be the first to comment!High court temporarily blocks restrictions on abortion pill
By Mark Sherman And Jessica Gresko, The Associated Press on April 14th, 2023
WASHINGTON (AP) – The Supreme Court said Friday it was temporarily keeping in place federal rules for use of an abortion drug, while it takes time to more fully consider the issues raised in a court challenge. In an order signed by Justice Samuel Alito, the court asked both sides to weigh in by Tuesday ... Read More »
Be the first to comment!S&P/TSX composite ekes out small Friday gain, U.S. markets down
By The Canadian Press on April 14th, 2023
TORONTO – Canada’s main stock index eked out a small gain thanks to strength in battery metals, while U.S. markets were down. The S&P/TSX composite index was up 15.42 points at 20,579.91. In New York, the Dow Jones industrial average was down 143.22 points at 33,886.47. The S&P 500 index was down 8.58 points at ... Read More »
Be the first to comment!CP Rail, Kansas City Southern merger clears path for more cargo, but hitches remain
By Christopher Reynolds, The Canadian Press on April 14th, 2023
MONTREAL – Under the banner of Canadian Pacific Kansas City, the merger of North America’s two smallest Class 1 railways became official Friday morning as CEO Keith Creel drove home a platinum spike at a ceremony in Kansas City, Mo. Combining Canadian Pacific Railway Ltd. with Kansas City Southern Railway Co., the fusion creates the ... Read More »
Be the first to comment!Supreme Court keeps FDA abortion pill rules in place for now
By Mark Sherman And Jessica Gresko, The Associated Press on April 14th, 2023
WASHINGTON (AP) – The Supreme Court said Friday it was temporarily keeping in place federal rules for use of an abortion drug, while it takes time to more fully consider the issues raised in a court challenge. In an order signed by Justice Samuel Alito, the court asked both sides to weigh in by Tuesday ... Read More »
Be the first to comment!Financial system has to adjust to higher interest rates, Macklem says.
By The Canadian Press on April 14th, 2023
OTTAWA – Bank of Canada governor Tiff Macklem says the financial system has to adjust to higher interest rates, just like the rest of the economy. Macklem addressed the recent banking stress that was set off in the U.S. last month while speaking to reporters today from the sidelines of the International Monetary Fund meetings ... Read More »
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