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Ottawa posts $21.7 billion deficit for April-to-December period

Ottawa posts $21.7 billion deficit for April-to-December period

OTTAWA — The federal government posted a budgetary deficit of $21.7 billion for the April-to-December period of its 2024-25 fiscal year. The result compared with a deficit of $23.6 billion for the same period a year earlier.
Large number of public servants in biggest departments breaking remote work rules

Large number of public servants in biggest departments breaking remote work rules

OTTAWA — Large numbers of public servants working in the federal government's three biggest departments aren't following Ottawa's three-days-per-week office work rule, federal data shows.
Late-night kababs and paneer: More halal restaurants extend hours during Ramadan

Late-night kababs and paneer: More halal restaurants extend hours during Ramadan

EDMONTON — Imran Kayesh remembers the smell of lightly marinated chicken and fish sizzling on a grill inside a packed restaurant in Bangladesh just before sunrise during Ramadan. "It's like 4 or 5 a.m.
Doug Ford's PCs win third majority government in snap Ontario election

Doug Ford's PCs win third majority government in snap Ontario election

TORONTO — Doug Ford's Progressive Conservatives chugged to a third majority government Thursday, propelled by his visible crusade against economic uncertainty emanating from the U.S., though falling short of the increased majority he urged.
From boom to bust: Alberta economy back in the red with $5.2-billion deficit budget

From boom to bust: Alberta economy back in the red with $5.2-billion deficit budget

EDMONTON — Alberta’s finances, tied for generations to the steep peaks and sharp valleys of oil and gas prices, are once again plunging deep into deficit, with no immediate relief in sight.
B.C. to require Canadian-made biofuels to meet standards for gas, diesel

B.C. to require Canadian-made biofuels to meet standards for gas, diesel

British Columbia is set to require Canadian products to fulfil renewable fuel standards for gasoline and diesel, a move Energy Minister Adrian Dix said was aimed at building a "cleaner, stronger and more self-reliant" province. Dix said B.C.
Pembina Pipeline announces stake in Alberta power plant that could supply data centre

Pembina Pipeline announces stake in Alberta power plant that could supply data centre

CALGARY — Pembina Pipeline Corp. announced it's investing in a proposed Edmonton-area natural gas power plant that could supply a massive data centre complex, as it reported a dip in quarterly earnings and a boost in pipeline volumes.
Shopify lists U.S. site on SEC filing for first time to 'align' itself with peers

Shopify lists U.S. site on SEC filing for first time to 'align' itself with peers

Shopify Inc. has listed a U.S. address alongside its Canadian headquarters for the first time in an annual regulatory filing it made with the U.S. Securities and Exchange Commission.
Meg Energy earnings rise to $106 million in fourth quarter, revenues decline

Meg Energy earnings rise to $106 million in fourth quarter, revenues decline

CALGARY — Meg Energy Corp. says it earned $106 million in its fourth quarter, up from $103 million a year earlier. The Calgary-based company says revenues totalled $1.15 billion, down from $1.44 billion during the same quarter last year.
Telus offers hundreds of buyouts to workers across the country

Telus offers hundreds of buyouts to workers across the country

VANCOUVER — For the second time this month, Telus is offering buyouts to hundreds of employees across the country. The telecom company said it's offering "generous" buyout packages as part of the company's push for more self-serve solutions.