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Sea of red takes over North American stock markets on negative sentiment
TORONTO — A sea of red swamped North American stock markets midweek as higher-than-expected inflation in Canada and cost pressures on large U.S. retailers soured sentiment and drove Canada's main stock index down by nearly 400 points.
May 18, 2022 3:07 PM
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Big dreams for new Warner Bros. Discovery in ad presentation
In what was essentially a public debut on Wednesday, leaders of the new Warner Bros. Discovery portrayed the media giant as effectively a fifth U.S. broadcast television network, with even bigger aspirations.
May 18, 2022 1:59 PM
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NATO talks with Finland, Sweden falter but will continue
BRUSSELS (AP) — NATO envoys failed to reach a consensus Wednesday on whether to start membership talks with Finland and Sweden, diplomats said, as Turkey renewed its objections to the two Nordic countries joining.
May 18, 2022 1:41 PM
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Women held 19% of board seats in 2019, up from 18% in 2018: StatCan
Women made up about 19 per cent of corporate board seats in 2019, an increase from about 18 per cent from the year before, even though the total number of board seats studied fell, Statistics Canada revealed Wednesday.
May 18, 2022 12:38 PM
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Loblaw to adopt Ukrainian spelling of chicken Kyiv for frozen dish
One of Canada’s largest supermarket chains is taking a small but meaningful step to signal its support for Ukraine as the country defends itself against Russia's invasion.
May 18, 2022 11:46 AM
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Worry, buyer's remorse high as real estate market slowdown materializes
TORONTO — A wave of buyer's remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months.
May 18, 2022 11:08 AM
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Inflation sets fresh three-decade high at 6.8% in April with little sign of cooling
OTTAWA — The cost of nearly everything at the grocery store continued to climb higher to help push the annual inflation rate to a fresh three-decade high in April and economists warn prices could continue to heat up.
May 18, 2022 10:48 AM
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Turo ends dual-listing prohibition following Competition Bureau investigation
GATINEAU, Que. — The Competition Bureau says car-sharing service Turo Inc. has ended its policy in Canada that prevented someone from also listing the vehicle on other platforms, following an agency investigation.
May 18, 2022 10:21 AM
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Costs to get out of the city rising as fuel prices keep inching up
The cost of gasoline keeps rising ahead of the May long weekend, making a jaunt out of the city cost a fair bit more than the same trip last year. Natural Resources Canada says the average price across the country for regular gasoline hit $2.
May 18, 2022 9:16 AM
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Pot company Canopy Growth shares plan to acquire California's Jetty Extracts
Canopy Growth Corp. has signed a deal that will give it the right to acquire California cannabis company Jetty Extracts, if the U.S. federally legalizes the main ingredient in marijuana.
May 18, 2022 7:33 AM
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