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Group forms to build small modular nuclear reactor in Ontario
CLARINGTON, Ont. — Ontario Power Generation, GE Hitachi Nuclear Energy, SNC-Lavalin Group Inc. and Aecon Group Inc. are joining forces to build a small modular nuclear reactor in Ontario.
Jan 27, 2023 8:48 AM
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TotalEnergies EP Canada ups stake in Fort Hills oilsands project
CALGARY — TotalEnergies EP Canada Ltd. says it is increasing its ownership in the Fort Hills oilsands project by acquiring part of Teck Resources Ltd.'s stake in the mine. Teck announced last year that it would sell its 21.
Jan 27, 2023 8:47 AM
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Latest Canfor restructuring affects nearly 500 mill workers in northern B.C.
VANCOUVER — Canfor Corporation says as many as 157 employees face layoffs in one northern British Columbia town, but the company says it's too early to estimate job losses in a second community as the forest products firm restructures its B.C.
Jan 26, 2023 10:57 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 (20,700.50, up 100.90 points): Suncor Energy Inc. (TSX:SU). Energy. Up $1.74, or 3.92 per cent, to $46.09 on 13.9 million shares.
Jan 26, 2023 5:53 PM
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S&P/TSX composite closes up along with U.S. markets after economic report
TORONTO — Canada's main stock index made a turnaround from early losses to end up Thursday along with U.S. markets as data showed continued resilience in the U.S. economy.
Jan 26, 2023 5:07 PM
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As the BoC takes a pause from interest rate hikes, all eyes are on the labour market
OTTAWA — After a series of historic interest rate hikes, economists are left wondering whether job losses are next. High interest rates cause businesses and consumers to pull back on spending.
Jan 26, 2023 4:57 PM
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Rent prices grew at record pace in 2022 as Canada saw lowest vacancy rate in decades
TORONTO — Rent prices in Canada grew at a record pace last year as the country saw the lowest vacancy rate since 2001, the Canada Mortgage and Housing Corp. said.
Jan 26, 2023 4:39 PM
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US economy slowed but still grew at 2.9% rate last quarter
WASHINGTON (AP) — The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession.
Jan 26, 2023 4:12 PM
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Wall Street rises to hit best level in nearly eight weeks
NEW YORK (AP) — Stocks climbed Thursday to send Wall Street to its highest level in nearly eight weeks following reports suggesting the economy and corporate profits may be doing better than feared. The S&P 500 rose 1.
Jan 26, 2023 4:05 PM
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Manitoba sending second round of cheques to help with inflation
WINNIPEG — The Manitoba government is issuing a second round of cheques to help people deal with inflation in a move that critics say has more to do with boosting the governing Progressive Conservatives' chances in the next election.
Jan 26, 2023 4:04 PM
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