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Economy, Law & Politics

Did Ottawa get a bad deal on its $7B fighter jets? Here's what experts have to say

Did Ottawa get a bad deal on its $7B fighter jets? Here's what experts have to say

OTTAWA — Experts are warning against drawing conclusions on whether sa¹ú¼Ê´«Ã½ is getting a good deal for the F-35, given the large startup costs associated with buying and fielding a new fighter jet, which include much-needed upgrades to the Air Force's

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,571.1, up 264.21): Suncor Energy Inc. (TSX:SU). Energy. Up $1.04, or 2.52 per cent, to $42.29 on 9.8 million shares.
Asia stocks follow Wall St down as Fed warns of higher rates

Asia stocks follow Wall St down as Fed warns of higher rates

BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that still higher interest rates are in store following its latest increase. Oil prices fell while U.S.
sa¹ú¼Ê´«Ã½ inflation outpaces national rate for fifth straight month in November

sa¹ú¼Ê´«Ã½ inflation outpaces national rate for fifth straight month in November

West Coast saw inflation rise 7.3% on annual basis vs. 6.8% across sa¹ú¼Ê´«Ã½
S&P/TSX composite up 1.4 per cent, U.S. markets also rise

S&P/TSX composite up 1.4 per cent, U.S. markets also rise

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index gained almost 1.4 per cent Wednesday on broad-based gains, while U.S. markets rose further. The S&P/TSX composite index was up 264.21 points at 19,571.1.

Here's a list of November inflation rates for selected Canadian cities

OTTAWA — sa¹ú¼Ê´«Ã½'s annual inflation rate was 6.8 per cent in November, Statistics sa¹ú¼Ê´«Ã½ says.
sa¹ú¼Ê´«Ã½'s population growing faster than it has in decades: StatCan

sa¹ú¼Ê´«Ã½'s population growing faster than it has in decades: StatCan

OTTAWA — As 2022 draws to a close, sa¹ú¼Ê´«Ã½'s population has already grown more than in any other year since Confederation, in large part due to an influx of non-permanent residents and immigrants.
Trudeau to attend 'Three Amigos' summit as U.S. expands challenge under trade deal

Trudeau to attend 'Three Amigos' summit as U.S. expands challenge under trade deal

OTTAWA — Prime Minister Justin Trudeau is expected to travel to Mexico City for a North American Leaders' Summit taking place Jan. 10, his office announced Tuesday.
Inflation, labour woes continue to weigh on minds of Metro Vancouver businesses

Inflation, labour woes continue to weigh on minds of Metro Vancouver businesses

Inflation and its direct side effects continue to drive concern among Greater Vancouver businesses about the coming year, a new survey reveals.
Defence Department receives approval to spend $7B on 16 F-35s: sources

Defence Department receives approval to spend $7B on 16 F-35s: sources

OTTAWA — The Department of National Defence recently received quiet approval to spend $7 billion on 16 F-35 fighter jets and related gear.