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North American markets surge as new data shows inflation may have already peaked
sa¹ú¼Ê´«Ã½'s main stock index made triple-digit gains Wednesday while U.S. markets also surged on the release of new data suggesting U.S. inflation may have finally peaked. The latest Consumer Price Index report from the U.S.
Aug 10, 2022 2:31 PM
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Complaints backlog mounts as airline regulator faces staff shortage
MONTREAL — sa¹ú¼Ê´«Ã½'s transport regulator says its backlog of air passenger complaints is growing as a staff shortage comes up against a summer of airport chaos — itself due in part to labour shortages.
Aug 10, 2022 2:26 PM
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OCS to resume cannabis deliveries after cyberattack on logistics partner
TORONTO — The Ontario Cannabis Store says its distribution centre is resuming some service after a cyberattack on one of its logistics partners caused the provincial pot wholesaler to halt deliveries this week.
Aug 10, 2022 2:11 PM
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Linamar reports sales up on market share, pricing, while income dips to $105M
GUELPH, Ont. — Linamar Corp. says sales climbed in its last quarter on increased market share and higher pricing while profits saw a modest dip in part on higher input costs.
Aug 10, 2022 1:45 PM
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CAE Inc. lowers forecast as profits plunge, but backlog grows
MONTREAL — CAE Inc. reined in its earnings forecast for the year after reporting a 96 per cent year-over-year profit decrease last quarter due to supply chain problems and writedowns on a pair of pricey defence projects.
Aug 10, 2022 1:42 PM
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Mining company says Nova Scotia approves bid to raise tailings dam at Gold mine
HALIFAX — Nova Scotia’s Environment Department has approved an application from the owners of the Touquoy gold mine to raise the height of the wall of its existing tailings waste pond.
Aug 10, 2022 1:36 PM
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Lower prices offer Americans slight reprieve from inflation
WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades . Consumer prices jumped 8.
Aug 10, 2022 1:17 PM
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Trans Mountain names Dawn Farrell new CEO and president
CALGARY — Trans Mountain Corp. says Dawn Farrell will become its new president and chief executive next week. The pipeline operator says Farrell has more than 35 years of experience in the energy business, where she has held senior level positions.
Aug 10, 2022 12:32 PM
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Unifor members elect Lana Payne as new president
TORONTO — Unifor says Lana Payne has been elected as the new president of sa¹ú¼Ê´«Ã½'s largest private sector union, the first woman to hold the position.
Aug 10, 2022 11:30 AM
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Metro faces ongoing worker shortage, higher overtime pay to keep grocery stores open
Workers at Metro Inc. are putting in overtime to keep stores open as the company grapples with an ongoing labour crunch, the Montreal-based grocery and drugstore retailer said Wednesday.
Aug 10, 2022 10:31 AM
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