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Spring flood risks highlight lack of insurance for Canadian homeowners: experts
As the spring season brings higher flood risk to Canadians, as seen in British Columbia recently, experts say many homeowners remain without adequate insurance to cover extreme weather’s damage to their homes.
May 26, 2023 4:00 AM
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Stock market today: Asian markets mixed as US government debt talks push toward brink of default
NEW YORK — Asian markets were mixed Friday as a deadline loomed for Congress to reach a deal on the U.S. government debt or face a potentially calamitous default . Tokyo and Seoul rose while Shanghai and Sydney fell.
May 26, 2023 12:15 AM
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Air Canada briefly grounds flights due to computer system problem
MONTREAL — Air Canada briefly grounded its planes Thursday due to a problem with its computer system, delaying nearly half its flights.
May 25, 2023 9:41 PM
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Lululemon promises 2,600 new jobs after exemption from some immigration rules
Vancouver-based company Lululemon says it will expand its headquarters in the city and create 2,600 jobs over the next five years.
May 25, 2023 8:25 PM
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Police lay no charges against former Unifor head Jerry Dias in alleged bribery case
TORONTO — Former Unifor president Jerry Dias was not charged as the result of an investigation launched last year into allegations that the longtime union leader accepted a bribe, Toronto police said Thursday.
May 25, 2023 6:45 PM
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Prince Edward Island government forecasts $98-million deficit in annual budget
CHARLOTTETOWN — The Prince Edward Island government tabled a $3.09-billion budget Thursday that forecasts a $97.6-million deficit and a promise to spend money for a new medical school to help the frail health-care sector.
May 25, 2023 6:27 PM
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Highlights from Prince Edward Island's 2023-24 annual provincial budget
CHARLOTTETOWN — The Prince Edward Island government tabled a $3.09-billion budget Thursday. Here are some highlights: — A projected deficit of $97.6 million on total revenues of $2.99 billion and expenditures of $3.09 billion.
May 25, 2023 5:55 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,774.08, down 153.61): Toronto-Dominion Bank. (TSX:TD). Finance. Down $3.40, or 4.19 per cent, to $77.78 on 10.3 million shares.
May 25, 2023 5:15 PM
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Economic headwinds weigh on bank results as more money set aside for bad loans
TORONTO — The effects of heightened inflation and central bank efforts to rein it in by slowing the economy are showing in the second-quarter results from Canada's big banks.
May 25, 2023 5:11 PM
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S&P/TSX composite weighed down by losses in energy and telecom; U.S. markets mixed
TORONTO — Canada's main stock index was down more than 150 points Thursday, weighed down by losses in energy and telecom, while U.S. stock markets were mixed. The S&P/TSX composite index was down 153.61 points at 19,774.08.
May 25, 2023 4:52 PM
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