TORONTO – An Ontario court has given Factory Direct permission to liquidate its stores as it begins winding down the business. Court documents show the discount electronics and home goods retailer wanted to close its 14 stores in the province because it has found the business is “no longer viable.” Factory Direct says it has ... Read More »
OTTAWA – Representatives of the so-called Freedom Convoy are planning to hold a press conference in Ottawa this afternoon, two years after the police action that ended the occupation of downtown Ottawa streets. The group plans to talk about its vision for the future and a recent Federal Court ruling that found the Liberal government ... Read More »
CRANS-MONTANA, Switzerland (AP) – Fresh from overtaking the absent Mikaela Shiffrin in the women’s World Cup overall standings, Lara Gut-Behrami won a shortened downhill on Friday to close in on the injured Sofia Goggia in the discipline standings. Gut-Behrami, who is on a four-race winning streak, was 0.21 seconds faster than Swiss teammate Jasmine Flury ... Read More »
OTTAWA – Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain rose 0.3 per cent to $82.9 billion in December. The agency says the overall increase came as the personal and household goods subsector saw its largest increase of the year as it rose 4.1 per cent ... Read More »
NEW YORK (AP) – Another hotter-than-expected update on inflation is keeping stocks in check. The S&P 500 slipped 0.2% in early trading Friday after setting an all-time high the day before. The Dow fell 162 points, or 0.4%, and the Nasdaq composite was little changed. Friday’s report on inflation at the wholesale level was the ... Read More »
LONDON (AP) – Prince Harry said Friday that he immediately arranged to go to London after his father, King Charles III, called to tell him he had cancer. “I jumped on a plane and went to go see him as soon as I could,” Harry told the news program “Good Morning America.” “I love my ... Read More »
MOSCOW – Alexei Navalny, who crusaded against official corruption and staged massive anti-Kremlin protests as President Vladimir Putin’s fiercest foe, died Friday in the Arctic penal colony where he was serving a 19-year sentence, Russia’s prison agency said. He was 47. The stunning news of Navalny’s death – less than a month before an election ... Read More »
Rick Tocchet and Rick Bowness were together at NHL All-Star Weekend when news broke that the Winnipeg Jets traded for Sean Monahan. Bowness’ team made a big addition less than 48 hours after Tocchet’s Vancouver Canucks acquired Elias Lindholm, considered the top centre on the market. “It’s a great trade for them,” Tocchet said. “It’s ... Read More »
WASHINGTON (AP) – Wholesale prices in the United States accelerated in January, the latest sign that some inflation pressures in the economy remain elevated. The Labor Department reported Friday that its producer price index – which tracks inflation before it reaches consumers – rose 0.3% from December to January after having fallen -0.1% from November ... Read More »
MARCIA BOWDEN MARCIA BOWDEN 1950 ~ 2024 Marcia Ann Bowden, beloved wife of the late Barrie Bowden, passed away at the Medicine Hat Regional Hospital on Wednesday, February 7, 2024, at the age of 73 years. She leaves to cherish her memory: daughter, Michelle (Martin) Gandy; son, Richard (Lindsey) Bowden; daughter- in-law, Rhonda Bowden as ... Read More »
TORONTO – Mithaq Capital SPC says it’s dropping its hostile takeover offer for Aimia Inc. after not enough shares were tendered before the bid expired on Thursday. As a result, no shares were acquired under the proposal and any shares that had been deposited under the bid will be returned, the company says. However, Mithaq ... Read More »