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A Trans Mountain company report reveals new details about what triggered massive cost overruns within its pipeline expansion project, including problems it says were caused by an abandoned landfill site. Submitted to the Canadian Energy Regulator, the 47-page report states that construction crews encountered an “extreme risk” in the form …
Read More »Erickson man’s lotto windfall makes him Manitoba’s newest millionaire – Winnipeg
Descrease article font size Increase article font size A man from Erickson is Manitoba’s latest millionaire after an unexpected win on a Lotto 6/49 ticket earlier this month. Roy Robinson won a cool $1 million in the Aug. 5 Gold Ball draw, purchased from a Canadian Tire gas bar in …
Read More »Canopy Growth is selling its old chocolate factory pot facility to Hershey
Descrease article font size Increase article font size The town of Smiths Falls, Ont., is having a full-circle moment as pot producer Canopy Growth announced Thursday it would sell its primary cannabis cultivation facility — once a factory for Hershey Canada — back to the prodigal chocolatier. The move will see …
Read More »Canada watchdog probes Ralph Lauren over alleged forced Uyghur labour – National
Ottawa’s corporate-ethics watchdog has announced an investigation into fashion company Ralph Lauren over the alleged use of forced labour in its supply chains, while putting a Toronto-based mining firm on notice. Sheri Meyerhoffer, who is the Canadian Ombudsperson for Responsible Enterprise, said it’s not clear whether Ralph Lauren Canada LP …
Read More »Energy sector helps boost S&P/TSX composite, U.S. stock markets mixed
By Staff The Canadian Press Posted August 16, 2023 11:46 am Descrease article font size Increase article font size Strength in the energy sector helped lead Canada’s main stock index higher in late-morning trading after falling nearly 400 points on Tuesday on broad-based weakness. The S&P/TSX composite index was up …
Read More »S&P/TSX composite falling, U.S. stocks also in decline
By Staff The Canadian Press Posted August 1, 2023 11:40 am Descrease article font size Increase article font size Canada’s main stock index fell in late-morning trading as U.S. markets were also in decline. The S&P/TSX composite index was down 107.90 points at 20,518.74. In New York, the Dow Jones …
Read More »S&P/TSX composite on the rise, U.S. markets also up
By Staff The Canadian Press Posted July 31, 2023 11:54 am Descrease article font size Increase article font size Canada’s main stock index got a boost of more than 100 points in late-morning trading as U.S. markets also saw gains. The S&P/TSX composite index was up 116.31 points at 20,635.68 …
Read More »Alberta recommits to $10-a-day daycare plan in mandate letter
The Alberta government is reupping its commitment to affordable daycare. In her latest mandate letter, Premier Danielle Smith directed Children and Family Services Minister Searle Turton to make $10-a-day daycare happen. Her letter tells Turton to start “Working with the federal government and child care providers to implement $10-per-day daycare …
Read More »Canada’s economy grew 0.3% in May, but early signs of declines in June – National
Canada’s economy kept growing in May, but early signs of a long-awaited slowdown started to appear in June, according to Statistics Canada. The federal agency said Friday that real gross domestic product was up 0.3 per cent in May, with growth in services-producing sectors offsetting declines in goods. A return …
Read More »S&P/TSX composite ticks up in late morning trading Wednesday, U.S. markets mixed
By Staff The Canadian Press Posted July 26, 2023 11:39 am Descrease article font size Increase article font size Canada’s main stock index ticked up in late-morning trading as broad gains outweighed a pullback in technology stocks, while U.S. markets were mixed. The S&P/TSX composite index was up 19.33 points …
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