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Budget measures unlikely enough to spur major carbon capture investments: Experts
CALGARY — A question mark continues to hang over the future of carbon capture and storage projects in Canada, in spite of a pledge in Tuesday's federal budget to deliver more investment certainty for major emissions-reducing projects.
Mar 29, 2023 11:50 AM
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Bank of Canada watching for potential spillovers from global banking stresses
MONTREAL — A senior Bank of Canada official says the central bank is keeping a close eye on the stresses to the global banking system ahead of its next interest rate decision and monetary policy report in April.
Mar 29, 2023 10:58 AM
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UBS brings back Ermotti as CEO with Credit Suisse deal ahead
GENEVA (AP) — UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it executes a government-orchestrated plan to take over struggling rival Credit Suisse .
Mar 29, 2023 10:18 AM
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Dollarama sales rise as consumers flock to lower prices amid high inflation
MONTREAL — Discount chain Dollarama Inc. recorded a surge in sales in its latest quarter as its low prices on everyday household items attracted shoppers in search of relief from high inflation.
Mar 29, 2023 10:02 AM
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Federal funding for flood insurance a 'major step forward': industry
OTTAWA — The federal government committed $31.7 million over three years in its latest budget toward a low-cost flood insurance program.
Mar 29, 2023 9:51 AM
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US: Credit Suisse violates deal on rich clients' tax evasion
GENEVA (AP) — Credit Suisse violated a plea agreement with U.S. authorities by failing to report secret offshore accounts that wealthy Americans used to avoid paying taxes, U.S.
Mar 29, 2023 7:25 AM
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Lululemon shares up more than 10% after reporting Q4 revenue up 30% from year ago
VANCOUVER — Shares of Lululemon Athletica Inc. climbed more than 10 per cent in early trading after the company reported its net revenue for its fourth quarter rose 30 per cent compared with a year ago. Shares in the retailer were up US$46.
Mar 29, 2023 7:06 AM
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Ramadan highlights how workplaces can better support Muslim employees
TORONTO — Khadija Waseem loves tea and coffee, so when she told colleagues she was savouring her last cup ahead of the start of Ramadan's fasting period last week, they were quick to tease her.
Mar 29, 2023 1:00 AM
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Walmart and Costco in Canada not making food inflation worse: experts
TORONTO — Experts say the Canadian presence of American retail giants such as Walmart and Costco isn't likely to blame for rising grocery prices.
Mar 29, 2023 1:00 AM
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Budget 2023 gives boost to dental care, green economy while searching for savings
OTTAWA — Finance Minister Chrystia Freeland's 2023 federal budget promises "transformative investments" in Canada's green economy as the country tries to maintain its place in the global clean tech revolution and realign its supply chains toward alli
Mar 28, 2023 4:11 PM
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