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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada mandate: Finance Minister Chrystia Freeland and Bank of Canada governor Tiff Macklem are scheduled to hold a news conference on Monday morning, in wh
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Judge OKs regulators' subpoena for 'Rust' assistant director

Judge OKs regulators' subpoena for 'Rust' assistant director

SANTA FE, N.M. (AP) — The assistant director who handed Alec Baldwin a prop gun that killed a cinematographer on a New Mexico film set must make himself available for an interview with state workplace safety regulators, a judge has decided.
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Champagne problems: Alcohol authorities in Canada warn of holiday liquor shortages

Champagne problems: Alcohol authorities in Canada warn of holiday liquor shortages

Canada is facing alcohol shortages ahead of the holidays due to supply chain issues, a situation prompting some provincial liquor authorities to urge customers to shop early — or be prepared to try a new libation.
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Mercedes-Benz settles Canadian class action on diesel emissions for $243 million

Mercedes-Benz settles Canadian class action on diesel emissions for $243 million

TORONTO — Law firm Koskie Minsky LLP says Daimler AG and North American Mercedes-Benz subsidiaries have agreed to pay $243 million to settle a class-action lawsuit with the owners of 83,000 diesel vehicles in Canada.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,890.62, down 34.87 points.) Enbridge Inc. (TSX:ENB). Energy. Up four cents, or 0.08 per cent, to $48.08 on 7.7 million shares.
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S&P/TSX composite lags U.S. stock markets which rose despite hot inflation

S&P/TSX composite lags U.S. stock markets which rose despite hot inflation

TORONTO — Canada's main stock index moved lower, lagging U.S. markets which rose even though inflation numbers hit a 39-year high.
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U.S. government deficit down 17% from same period a year ago

U.S. government deficit down 17% from same period a year ago

WASHINGTON (AP) — The U.S. budget deficit totaled $356.4 billion in the first two months of the budget year, down 17% from the same period a year ago thanks to a sharp jump in government revenues that offset a smaller increase in spending.
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Surging inflation is forcing people and businesses to adapt

Surging inflation is forcing people and businesses to adapt

WASHINGTON (AP) — A warehouse worker in Tennessee is running up against price increases that far exceed her modest pay raise. The owner of a pastry business in Massachusetts has had to reduce his product offerings and personally absorb higher costs.
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Laurentian Bank reports $102.9M Q4 loss due to one-time charges, raises dividend

Laurentian Bank reports $102.9M Q4 loss due to one-time charges, raises dividend

MONTREAL — Laurentian Bank of Canada raised its dividend Friday as it reported a fourth quarter loss related to restructuring charges, while adjusted profits showed gains from a year earlier.
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Kansas City Southern shareholders approve takeover by CP Rail

Kansas City Southern shareholders approve takeover by CP Rail

CALGARY — Kansas City Southern shareholders gave a bright green light Friday to the railway's takeover by Canadian Pacific Railway Ltd. Shareholders voted 99.
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