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Trans Mountain pipeline construction costs balloon again, this time to $30.9B

Trans Mountain pipeline construction costs balloon again, this time to $30.9B

CALGARY — The estimated cost of the Trans Mountain pipeline expansion project has increased once again, this time to $30.9 billion. That's the latest figure from Trans Mountain Corp., the federal Crown corporation that owns the pipeline.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,774.92, down 311.80): Suncor Energy Inc. (TSX:SU). Energy. Down 37 cents, or 0.79 per cent, to $46.27 on 17.9 million shares.
S&P/TSX composite falls more than 1.5 per cent, U.S. markets also slip

S&P/TSX composite falls more than 1.5 per cent, U.S. markets also slip

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index lost more than 1.5 per cent Friday on broad-based weakness led by financials and technology, as U.S. markets fell after a major bank had its assets seized by the government.
Stocks tumble as Wall Street wonders what will break next

Stocks tumble as Wall Street wonders what will break next

NEW YORK (AP) — Fear rattled Wall Street, and stocks tumbled Friday on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years. The S&P 500 dropped 1.
Silicon Valley Bank is seized by US after historic failure

Silicon Valley Bank is seized by US after historic failure

NEW YORK (AP) — The U.
Another US hiring surge: 311,000 jobs despite Fed rate hikes

Another US hiring surge: 311,000 jobs despite Fed rate hikes

WASHINGTON (AP) — America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.
sa¹ú¼Ê´«Ã½'s 2023 federal budget coming March 28: Finance Minister Chrystia Freeland

sa¹ú¼Ê´«Ã½'s 2023 federal budget coming March 28: Finance Minister Chrystia Freeland

OTTAWA — Finance Minister Chrystia Freeland says she will table the 2023 federal budget on March 28.
Sustained jobs growth could push BoC to raise rates again, economists warn

Sustained jobs growth could push BoC to raise rates again, economists warn

OTTAWA — Employment in sa¹ú¼Ê´«Ã½ showed modest growth in February after months of strong jobs gains, raising concerns that a bustling labour market could lead to more interest rate hikes.
BMO Financial Group inks US$160 million deal to buy Air Miles loyalty rewards program

BMO Financial Group inks US$160 million deal to buy Air Miles loyalty rewards program

BMO Financial Group announced a deal Friday to buy the Air Miles loyalty rewards program in sa¹ú¼Ê´«Ã½ after its U.S. parent company filed for bankruptcy. The bank's so-called stalking horse offer for LoyaltyOne Co.
Ottawa company teaching autonomous vehicles to 'see' snow, drive in bad weather

Ottawa company teaching autonomous vehicles to 'see' snow, drive in bad weather

When a major snowstorm hits Ottawa, most residents retreat indoors, griping about the weather and the heaping piles of snow they'll soon have to shovel.