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Fourteen clubs from five leagues to contest Canadian Championship soccer tournament
TORONTO – Fourteen clubs, including three newcomers, will take part in the 2024 Canadian Championship, a four-round competition set to kick off in April. The winner hoists the Voyageurs Cup and advances to the CONCACAF Champions Cup, the region’s elite men’s club competition. The 19-game tournament features clubs from five different leagues: Major League Soccer, ... Read More »
Business investment per worker fell 20% between 2006 and 2021, StatCan says
OTTAWA – A new Statistics Canada study says Canadian businesses invested 20 per cent less per employee between 2006 and 2021. That means for every worker, businesses invested $628.80 less in their companies in 2021 than they did in 2006. The report says the decline was more significant in large and medium-sized companies and foreign-controlled ... Read More »
Canadian tech community worried country too slow in adopting AI
TORONTO – Members of Canada’s tech community say they’re worried the country is adopting artificial intelligence too slowly. Speaking at the MaRS Impact AI conference in Toronto, Catherine Fortin Lefaivre said she’s seen too many Canadian companies get “bogged down” in trying to implement AI because they want to develop large-scale AI strategies. The Canadian ... Read More »
Toyota Canada recalls 28,000 cars over transmission flaw that raises risk of crash
TORONTO – More than 28,000 Toyota vehicles have been recalled due to a transmission problem that can lead to crashes, says the auto manufacturer. Toyota Canada says it is recalling its 2023-24 model-year Toyota Tundra, Sequoia and Lexus LX 600 vehicles across the country. It says certain parts of the transmission may not immediately disengage ... Read More »
Nutrien sees potash demand recovering on lower prices
SASKATOON – Fertilizer giant Nutrien Ltd. says it sees promising signs of increased demand for potash in the year ahead. The Saskatoon-based company says it expects full-year potash shipments of between 68 million to 71 million tonnes, up from the 67 million to 68 million it estimates went out in 2023. Speaking on a conference ... Read More »
Immigration spurring telecom subscriber growth but ongoing investments needed: report
A new report says Canada’s immigration influx is spurring subscriber growth for the country’s four biggest telecom providers, but significant investments in network infrastructure are needed to meet increased demand for services. Credit-rating agency Morningstar DBRS says Canada’s “ambitious” plan to welcome around 500,000 immigrants per year until 2026 will continue to bring new customers ... Read More »
Mother of Kremlin critic Navalny says she’s resisting pressure to agree to a secret burial
MOSCOW (AP) – The mother of Russia’s top opposition leader Alexei Navalny said Thursday that she has seen her son’s body and that she is resisting strong pressure by authorities to agree to a secret burial outside the public eye. Speaking in a video statement from the Arctic city of Salekhard, Lyudmila Navalnaya said investigators ... Read More »
S&P/TSX composite up more than 100 points, U.S. stocks also rally
TORONTO – Canada’s main stock index was up more than 100 points, helped by strength in the technology sector, while U.S. stock markets also pushed higher after stronger-than-expected results from AI chipmaker Nvidia. The S&P/TSX composite index was up 130.36 points at 21,302.74. In New York, the Dow Jones industrial average was up 271.35 points ... Read More »
Suncor reverses workplace injury trend, reports 2023 was company’s safest year ever
CALGARY – Oilsands giant Suncor Energy Inc., which has been heavily criticized in recent years for an abnormally high number of workplace deaths at its sites, reported that 2023 was its best year ever in terms of worker safety. CEO Rich Kruger told analysts on a conference call that Suncor achieved its best overall employee ... Read More »
Veltman sentenced to life in prison for London attack, no parole for 25 years
LONDON – A man who killed four members of a Muslim family in London, Ont., has been sentenced to life in prison with no chance of parole for 25 years. Nathaniel Veltman has also been sentenced to a concurrent life sentence for the attempted murder of a boy who survived the 2021 attack. Veltman, 23, ... Read More »
CP NewsAlert: Veltman sentenced to life in prison, no parole for 25 years
LONDON – Nathaniel Veltman, who killed four members of a Muslim family in London, Ont., has been sentenced to life in prison with no chance of parole for 25 years. He has also been sentenced to a concurrent life sentence for the attempted murder of a boy who survived the 2021 attack. More coming... Read More »
