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Liberals pause carbon pricing on heating oil, double rural carbon price rebate top-up

Liberals pause carbon pricing on heating oil, double rural carbon price rebate top-up

OTTAWA — The federal Liberals are increasing the carbon price rebate for rural Canadians and lifting the carbon price off home heating oil entirely for the next three years, as affordability concerns leave their party flailing in the polls in Atlanti
Self-reported paid sick leave coverage has increased 'moderately' since 1995: StatCan

Self-reported paid sick leave coverage has increased 'moderately' since 1995: StatCan

OTTAWA — A new report from Statistics sa¹ú¼Ê´«Ã½ says self-reported paid sick leave coverage has increased moderately since 1995, but coverage for front-line workers is still far from universal.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,875.31, down 72.54 points): Manulife Financial Corp. (TSX:MFC). Finance. Up 20 cents, or 0.84 per cent, to $24.08 on 7.
U.S. markets fall led by technology weakness while TSX also moves lower

U.S. markets fall led by technology weakness while TSX also moves lower

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index moved lower Thursday amid weakness in industrials, technology and battery metals, while U.S. markets also fell, led by losses in technology. The S&P/TSX composite index closed down 72.54 points at 18,875.31.
Aecon shares sink 12%, troubles with legacy projects persist

Aecon shares sink 12%, troubles with legacy projects persist

TORONTO — Shares of Aecon Group Inc. fell 12 per cent Thursday after the company said it faced challenges with four large fixed-price legacy projects being carried out by joint ventures in which it's a partner.
Precision Drilling says outlook for oil and gas sector 'exceedingly strong' in 2024

Precision Drilling says outlook for oil and gas sector 'exceedingly strong' in 2024

CALGARY — The outlook for sa¹ú¼Ê´«Ã½'s oil and gas industry heading into 2024 is "exceedingly strong," the CEO of sa¹ú¼Ê´«Ã½'s largest drilling rig contracting company said Thursday. Kevin Neveu, CEO of Calgary-based Precision Drilling Corp.
Stock market today: Wall Street falls after profit warnings, strong economic data

Stock market today: Wall Street falls after profit warnings, strong economic data

NEW YORK (AP) — Wall Street fell in mixed trading after some big-name companies warned about an uncertain global economy hitting their upcoming profits. Reports also showed Thursday that the U.S.
Rogers shuts down CityNews Ottawa radio station, lays off newsroom staff

Rogers shuts down CityNews Ottawa radio station, lays off newsroom staff

Rogers Communications Inc. is closing its CityNews Ottawa radio station and laying off newsroom staff, citing dwindling audiences and regulatory challenges.
US economic growth accelerated to strong 4.9% rate last quarter as consumers shrugged off Fed hikes

US economic growth accelerated to strong 4.9% rate last quarter as consumers shrugged off Fed hikes

WASHINGTON (AP) — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace.
Doug Ford, François Legault call for swift end to St. Lawrence Seaway strike

Doug Ford, François Legault call for swift end to St. Lawrence Seaway strike

The premiers of Ontario and Quebec are calling on both sides in the St. Lawrence Seaway strike to reach a deal right away, saying the shutdown of the vital trade artery risks significant harm to the region's economy.