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Volkswagen to build EV battery plant in southwest Ontario

Volkswagen to build EV battery plant in southwest Ontario

TORONTO — Ontario's economic development minister stood on the roof of a Volkswagen facility in Germany in October, overlooking a sprawling electric vehicle battery plant under construction, and had a "good feeling" the province could soon land one o
Biden angers climate activists by approving controversial oil, gas project in Alaska

Biden angers climate activists by approving controversial oil, gas project in Alaska

WASHINGTON — President Joe Biden dismayed progressive allies across the continent Monday by approving a controversial oil and gas project in Alaska, a sharp pivot from the climate change offensive that marked his first two years in office.
Silicon Valley Bank collapse presents low risk for Canadian sector: analysts

Silicon Valley Bank collapse presents low risk for Canadian sector: analysts

TORONTO — As regulators move to address the stunning collapse of Silicon Valley Bank, analysts say there is limited fallout risk for the Canadian financial sector.
Bank stocks tumble; others rise on hopes for easier rates

Bank stocks tumble; others rise on hopes for easier rates

NEW YORK (AP) — Bank stocks tumbled on worries about what’s next to break, following the second- and third-largest bank failures in U.S. history.
Rising cost of living, especially food prices, impacts youth sports across sa¹ú¼Ê´«Ã½

Rising cost of living, especially food prices, impacts youth sports across sa¹ú¼Ê´«Ã½

It's rare for there to be unanimous agreement among the parents of youth athletes, but sa¹ú¼Ê´«Ã½'s rising cost of living has created a consensus.
Canadian Tire launches fee-based Triangle Rewards subscription program for $89/year

Canadian Tire launches fee-based Triangle Rewards subscription program for $89/year

TORONTO — Canadian Tire Corp. has rolled out a new fee-based subscription tier as part of its Triangle Rewards loyalty program.
Biden OKs Alaska oil project, draws ire of environmentalists

Biden OKs Alaska oil project, draws ire of environmentalists

WASHINGTON (AP) — The Biden administration said Monday it is approving the huge Willow oil-drilling project on Alaska's petroleum-rich North Slope, a major environmental decision by President Joe Biden that drew quick condemnation that it flies in th
After two historic US bank failures, here’s what comes next

After two historic US bank failures, here’s what comes next

WASHINGTON (AP) — Two large banks that cater to the tech industry have collapsed after a bank run , government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money the
Household debt-to-income ratio edges lower as interest payments expand

Household debt-to-income ratio edges lower as interest payments expand

OTTAWA — Statistics sa¹ú¼Ê´«Ã½ says the ratio of household debt to disposable income improved in the fourth quarter as gains in disposable income offset an uptick in credit market debt.
Canadian industry singing praises of Inflation Reduction Act as federal budget nears

Canadian industry singing praises of Inflation Reduction Act as federal budget nears

CALGARY — Canadian oil and gas companies are singing from the same songbook in the lead-up to the 2023 federal budget, and its title is the Inflation Reduction Act. The U.S. legislation, signed into law by U.S.