Skip to content

National Business

Omicron to be dominant variant in EU by mid-January

Omicron to be dominant variant in EU by mid-January

BRUSSELS (AP) — Omicron is expected to be the dominant coronavirus variant in the European Union's 27 nations by mid-January, the bloc's top official said Wednesday amid concerns that a dramatic rise in infections will leave Europe shrouded in gloom
Read more >
Parkland refinery ramps up processing following restart of Trans Mountain pipeline

Parkland refinery ramps up processing following restart of Trans Mountain pipeline

CALGARY — Parkland Corp. says it is ramping up processing at its B.C. refinery following the restart of the Trans Mountain pipeline. Calgary-based Parkland paused processing operations at its Burnaby refinery from Nov. 22 to Dec.
Read more >
Here's a list of November inflation rates for selected Canadian cities

Here's a list of November inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 4.7 per cent in November, Statistics Canada says.
Read more >
Statistics Canada reports manufacturing sales up 4.3 per cent in October

Statistics Canada reports manufacturing sales up 4.3 per cent in October

OTTAWA — Statistics Canada says manufacturing sales rose 4.3 per cent in October, helped by gains in the auto sector and primary metal industry. The agency says manufacturing sales climbed $61.2 billion in October after posting a 2.
Read more >
CMHC reports annual pace of housing starts in November climbs to 301,279

CMHC reports annual pace of housing starts in November climbs to 301,279

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in November rose 26 per cent compared with October as starts of apartments, condos and other types of multiple-unit housing projects climbed higher.
Read more >
Nov. retail sales up modest 0.3% as Americans keep spending

Nov. retail sales up modest 0.3% as Americans keep spending

NEW YORK (AP) — Americans slowed their spending in November from October, but continued shopping despite higher prices and shortages in stores. Retail sales rose a modest seasonally adjusted 0.
Read more >
Here's a list November inflation rates for Canadian provinces

Here's a list November inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 4.7 per cent in November, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): _ Newfoundland and Labrador: 4.2 per cent (4.5) _ Prince Edward Island: 7.
Read more >
Canopy Growth selling C3 Cannabinoid Compound Company GmbH subsidiary

Canopy Growth selling C3 Cannabinoid Compound Company GmbH subsidiary

SMITHS FALLS, ONT. — Canopy Growth Corp. says it has signed a deal to sell its C3 Cannabinoid Compound Company GmbH subsidiary to German company Dermapharm Holding SE. Under the agreement, Canopy will receive an upfront payment of $115.5 million.
Read more >
EU regulators: J&J vaccine booster OK to give after 2 months

EU regulators: J&J vaccine booster OK to give after 2 months

THE HAGUE, Netherlands (AP) — The European Union drugs regulator said Wednesday that people 18 and older can receive a booster shot for the Johnson & Johnson COVID-19 vaccine at least two months after their initial shot of the one-dose vaccine.
Read more >
Congress sends Biden $2.5T debt limit hike, avoiding default

Congress sends Biden $2.5T debt limit hike, avoiding default

WASHINGTON (AP) — Congress averted a catastrophic debt default early Wednesday morning after Democratic majorities in both chambers voted to send a $2.
Read more >