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BMO receives regulatory approval for Bank of the West acquisition

BMO receives regulatory approval for Bank of the West acquisition

TORONTO — BMO Financial Group has secured the all-clear from U.S. regulators to close its US$16.3-billion takeover of California-based Bank of the West from BNP Paribas. The deal, expected to close on Feb.
Postmedia to move 12 Alberta papers to digital-only, will make layoffs

Postmedia to move 12 Alberta papers to digital-only, will make layoffs

TORONTO — Postmedia is moving a dozen of its Alberta community newspapers to digital-only formats, eyeing more outsourcing deals for printing and laying off workers.
MTY Food Group hikes dividend amid post-pandemic restaurant rebound, new acquisitions

MTY Food Group hikes dividend amid post-pandemic restaurant rebound, new acquisitions

MONTREAL — MTY Food Group Inc. has raised its quarterly dividend as the operator and franchisor of restaurants like Cold Stone Creamery, Manchu Wok and Thai Express continues its post-pandemic rebound.
Competition Bureau asked by Saskatoon chamber to investigate flights in Saskatchewan

Competition Bureau asked by Saskatoon chamber to investigate flights in Saskatchewan

SASKATOON — The Greater Saskatoon Chamber of Commerce is asking the federal competition regulator to investigate Air sa¹ú¼Ê´«Ã½'s decision to end its flights between Saskatoon and Calgary and between Regina and Calgary.
Fed's Powell tests positive for COVID, has 'mild' symptoms

Fed's Powell tests positive for COVID, has 'mild' symptoms

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is experiencing “mild symptoms," the Federal Reserve announced.
Women's tech collective Toast launches with aim to diversify hiring, reduce wage gaps

Women's tech collective Toast launches with aim to diversify hiring, reduce wage gaps

TORONTO — When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates.
Wholesale inflation in US slowed further in December to 6.2%

Wholesale inflation in US slowed further in December to 6.2%

WASHINGTON (AP) — Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.
Republicans, Democrats poised for battle as debt ceiling deadline looms Thursday

Republicans, Democrats poised for battle as debt ceiling deadline looms Thursday

WASHINGTON — It's become a reliably consistent sideshow in U.S. congressional politics: Democrats and Republicans battling over a self-imposed limit on federal borrowing, a feud that often leads to standoffs and protracted government shutdowns.
BDC leads US$50M funding round for Calgary-based lithium company

BDC leads US$50M funding round for Calgary-based lithium company

CALGARY — A new fund launched in November by the Business Development Bank of sa¹ú¼Ê´«Ã½ to help foster the growth of homegrown climate technology has made its largest investment yet.
Qantas plane lands safely after mayday call made over ocean

Qantas plane lands safely after mayday call made over ocean

SYDNEY (AP) — A Qantas flight traveling from New Zealand to Sydney landed safely after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 landed at Sydney Airport from Auckland, New Zealand, after a 3.