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Ontario projecting $4.5B deficit this year in third-quarter finances
TORONTO — Ontario is projecting that it will end this fiscal year with a $4.5-billion deficit, while also so far hanging onto a large contingency fund.
Feb 12, 2024 2:28 PM
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Higher price tag, repair costs could drive up insurance premiums for EVs, report says
TORONTO — Drivers may see higher premiums for their electric vehicles as the insurance industry adjusts to the shift from gas-powered cars to electric alternatives, a new report suggests.
Feb 12, 2024 2:28 PM
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WestJet could face costly delivery delays due to panel blowout on Boeing plane
WestJet faces indefinite delays on dozens of new aircraft deliveries after a panel blowout on a Boeing 737 Max plane last month prompted a halt to greater production at the U.S. aircraft maker.
Feb 12, 2024 1:39 PM
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Bell denied stay of CRTC decision allowing access to its fibre network
The Federal Court of Appeal has rejected BCE Inc.'s request for a stay of a regulatory decision that will allow independent companies to sell internet services to their customers through Bell's fibre network in Ontario and Quebec.
Feb 12, 2024 12:23 PM
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CPA Canada cuts 20% of workforce ahead of split with Ontario and Quebec
TORONTO — Chartered Professional Accountants of Canada is cutting 20 per cent of its workforce ahead of a move by provincial oversight bodies in Ontario and Quebec to split from the national organization.
Feb 12, 2024 10:11 AM
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Fired utility executives indicted in $60 million Ohio bribery scheme, fail to surrender
COLUMBUS, Ohio (AP) — Two former top executives of FirstEnergy Corp.
Feb 12, 2024 9:49 AM
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Stock market today: Wall Street holds steady after another record-setting week
NEW YORK (AP) — Wall Street is holding steady, coming off its latest record-setting week. The S&P 500 was little changed in early trading Monday after closing Friday above the 5,000 level for the first time.
Feb 12, 2024 7:37 AM
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Fairfax Financial calls report by short seller Muddy Waters false and misleading
TORONTO — Fairfax Financial Holdings Ltd. is calling the allegations in a short sellers report on the company false and misleading.
Feb 12, 2024 7:24 AM
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Diamondback Energy to buy Endeavor in $26 billion deal to create a Permian drilling giant
Diamondback Energy will buy rival Endeavor Energy Resources in a cash-and-stock deal valued at about $26 billion to create a drilling giant in the Southwest United States. The transaction includes approximately 117.
Feb 12, 2024 4:38 AM
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Shoppers turn to ‘imperfect produce’ as grocery prices rise
On the outskirts of Barrie, Ont., sunlight washes over the outcast cucumber and parsley stacked on skids at Eat Impact's warehouse.
Feb 12, 2024 2:00 AM
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