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CAE buys AirCentre airline operations business from Sabre for US$392.5M

CAE buys AirCentre airline operations business from Sabre for US$392.5M

MONTREAL — CAE Inc. has signed a deal to buy the AirCentre airline operations business from Sabre Corp. for US$392.5 million.
US jobless claims drop to pandemic low of 281,000

US jobless claims drop to pandemic low of 281,000

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to a pandemic low last week as the job market continues to recover from last year's coronavirus recession.
Bombardier reports US$377-million Q3 loss, revenue up from year ago

Bombardier reports US$377-million Q3 loss, revenue up from year ago

MONTREAL — Bombardier Inc. reported a third-quarter loss of US$377 million compared with a profit of US$192 million a year ago. The business jet maker, which keeps its books in U.S.
European Central Bank leaves pandemic stimulus unchanged

European Central Bank leaves pandemic stimulus unchanged

FRANKFURT, Germany (AP) — The European Central Bank decided Thursday to keep its pandemic stimulus efforts unchanged even as consumer prices spike and central banks in other parts of the world look to dial back support as their economies bounce back
Saskatchewan premier cancels outdoor ceremony at legislature due to 'recent threats'

Saskatchewan premier cancels outdoor ceremony at legislature due to 'recent threats'

REGINA — Presenting a message of optimism, Saskatchewan Premier Scott Moe says the province's best days are coming as his government laid out its agenda for the fall session of the legislature. In the throne speech Wednesday, Lt.-Gov.
West Fraser sees big gain in Q3 from Norbord addition, but results weaker than Q2

West Fraser sees big gain in Q3 from Norbord addition, but results weaker than Q2

VANCOUVER — West Fraser Timber Co. Ltd. says the addition of Norbord increased its third-quarter results from a year ago but sa¹ú¼Ê´«Ã½ wildfires and lower lumber prices contributed to a weakening from the second quarter.
Cuts expected in TTC service when vaccine mandate kicks in: agency

Cuts expected in TTC service when vaccine mandate kicks in: agency

Toronto's transit agency is temporarily reducing service on some routes for the next two months to deal with an anticipated staff shortage due to its mandatory COVID-19 vaccine policy.
S&P/TSX composite drops, loonie gains in reaction to hawkish Bank of sa¹ú¼Ê´«Ã½ outlook

S&P/TSX composite drops, loonie gains in reaction to hawkish Bank of sa¹ú¼Ê´«Ã½ outlook

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index suffered its worst day in about a month while the loonie climbed higher after the Bank of sa¹ú¼Ê´«Ã½ moved up its timeline for raising interest rates. "Traders are interpreting ...
Most actively traded companies on the Toronto Stock Exchange

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 (20,954.99, down 218.46 points.) Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Down 80 cents, or 4.3 per cent, to $17.
Starbucks sa¹ú¼Ê´«Ã½ raising wages amid 'critical staffing shortages'

Starbucks sa¹ú¼Ê´«Ã½ raising wages amid 'critical staffing shortages'

TORONTO — Starbucks sa¹ú¼Ê´«Ã½ says it's raising wages and benefits amid "critical staffing shortages" and a renewed commitment to the well-being of its workers.