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S&P/TSX composite posts triple-digit gain after Bank of Canada lifts interest rates
TORONTO — A broad rally led by the technology and commodity sectors pushed Canada's main stock index higher midweek as the Bank of Canada approved its largest interest rate increase in two decades. The S&P/TSX composite index closed up 122.
Apr 13, 2022 2:52 PM
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BMO leaders asked about Emergencies Act in annual shareholder meeting
TORONTO — Bank of Montreal leaders were asked during the bank's annual shareholder meeting Wednesday if they would "consider a court challenge" after the federal government directed financial institutions in February to freeze accounts of individuals
Apr 13, 2022 1:21 PM
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France's Le Pen warns against sending weapons to Ukraine
PARIS (AP) — French far-right presidential candidate Marine Le Pen warned Wednesday against sending any more weapons to Ukraine, and called for a rapprochement between NATO and Russia once Moscow’s war in Ukraine winds down.
Apr 13, 2022 11:07 AM
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Shaw posts lower second-quarter profit and revenue, remains focused on Rogers deal
Shaw Communications Inc. recorded a smaller profit in its latest quarter as revenue also edged down ahead of its planned multibillion-dollar takeover by one of Canada's largest telecoms.
Apr 13, 2022 10:46 AM
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Maple Leaf Sports & Entertainment chair Larry Tanenbaum joins Steve Pagliuca's bid to buy Chelsea
The bid for Chelsea launched by Boston Celtics co-owner Steve Pagliuca has added Canadian sports tycoon Larry Tanenbaum ahead of Thursday's expected deadline for improved offers for the Premier League club.
Apr 13, 2022 10:23 AM
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LNG Canada joint-venture names Jason Klein as new chief executive
VANCOUVER — The joint-venture building a major liquefied natural gas terminal at Kitimat, B.C. has named Jason Klein as its new chief executive officer.
Apr 13, 2022 9:22 AM
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AP source: CDC to extend travel mask requirement for 2 weeks
WASHINGTON (AP) — The Biden administration will extend for two weeks the nationwide mask requirement for public transit as it monitors an uptick in COVID-19 cases, according to a person familiar with the matter.
Apr 13, 2022 9:13 AM
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Japanese battery company to build factory in Kentucky
FRANKFORT, Ky. (AP) — A Japanese electric vehicle battery technology company will build a $2 billion factory in Kentucky, creating 2,000 jobs that reinforces the state's leadership in battery production, Gov. Andy Beshear said Wednesday.
Apr 13, 2022 8:29 AM
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What to know about inflation, the labour market and Bank of Canada rate hikes
OTTAWA — The Bank of Canada is moving ahead with another hike to its key policy rate in the face of decades-high inflation rates and record-low unemployment rates.
Apr 13, 2022 8:15 AM
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Toronto Star names new president and CEO ahead of planned relocation
TORONTO — The Toronto Star, one of Canada's largest daily newspapers, says it has chosen a new president and CEO. The newspaper says Marina Glogovac will move into the top executive role on June 1.
Apr 13, 2022 7:57 AM
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