The Canadian Press OTTAWA – A senior official at the Bank of Canada says central banks should have their own digital currency ready as an alternative if they decide to say no to one being developed by Facebook. The social media giant has spent the last 16 months or so […]
National Business
The Canadian Press TORONTO–Canada’s main stock index was down in early trading as the price of gold and gold mining stocks fell and U.S. stock markets moved lower. The S&P/TSX composite index was down 64.34 points at 16,498.47. In New York, the Dow Jones industrial average was down 57.81 points […]
The Canadian Press OAKVILLE, Ont. – The federal and Ontario governments are each chipping in more than $250 million to mass produce electric vehicles – and the batteries that power them – at Ford Motor Co.’s plant in Oakville, Ont. Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced […]
The Canadian Press TORONTO – Appliance stores are grappling with a double whammy of surging demand and supply chain problems, resulting in mounting backorders ahead of the busiest shopping season of the year. Retailers say a combination of home renovations, new construction, discounts for energy-efficient appliances and pent-up demand following […]
Local Journalism Initiative Reporter Shopping centres say meeting Santa will be just as magical for children this Christmas, even if it has to be at a distance of two metres – or via webcam. At some malls, like Carrefour de l’Estrie in Sherbrooke, children will have a virtual connection to […]
The Canadian Press WASHINGTON, Wash. – After waging war on Canadian dairy, steel and aluminum, Donald Trump’s White House is setting its sights on foreign berry farmers and vegetable growers. U.S. Trade Representative Robert Lighthizer is exploring whether domestic farmers are being hurt by imports of blueberries and raspberries from […]
By Martin Crutsinger The Associated Press WASHINGTON – U.S. consumer confidence rebounded more quickly in September than most economists had expected though they remain far from levels that were the norm before the pandemic struck. The Conference Board reported Tuesday that its consumer confidence index rose sharply to a reading […]
The Canadian Press Toronto’s top public health official has ordered the closure of three downtown restaurants after contact-tracing showed some employees with COVID-19, Toronto Public Health said Saturday. Dr. Eileen de Villa, Toronto’s medical officer of health, issued the order late Friday based on data from contact tracing. “TPH found […]
By James McCarten The Canadian Press WASHINGTON – Canadian lumber producers cheered the latest decision Monday from the World Trade Organization on Canada’s long-standing dispute with its largest trading partner over exports of softwood lumber – a finding the United States quickly denounced as unfair, biased and flawed. The WTO […]
By Jim Bronskill The Canadian Press OTTAWA – A new opinion survey suggests Donald Trump’s recent decision to slap a tariff on Canadian raw aluminum is garnering poor reviews on both sides of the border. In a web survey conducted by polling firm Leger and the Association for Canadian Studies, […]
Rob GilliesTHE ASSCIATED PRESS TORONTO–Google said Thursday it is abandoning its smart-city development in Toronto and blamed unprecedented economic uncertainty. A unit of Google’s parent company Alphabet had been proposing to turn a rundown part of Toronto’s waterfront into a wired community, but Sidewalk Labs chief executive Dan Doctoroff said […]
The Canadian Press BRAMPTON, Ont.–MDA has signed a contract worth $190 million to support robotic operations on the International Space Station (ISS). The contract includes ongoing operations and maintenance of the Canadian contribution to the ISS, including Canadarm2, Dextre and the mobile base system. The contract is to run from […]
