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Feds, consumer advocate square off in court over air passenger refunds

Feds, consumer advocate square off in court over air passenger refunds

The federal government and a consumer rights advocate squared off in court Wednesday over whether regulators misled passengers by encouraging travel credit rather than refunds at the onset of the pandemic.
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B.C. government earmarks $300M to help TransLink buy more buses, reduce overcrowding

B.C. government earmarks $300M to help TransLink buy more buses, reduce overcrowding

VANCOUVER — British Columbia is paying up to $300 million in new capital funding to help TransLink, Metro Vancouver's transit provider, add more buses to its fleet.
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Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture

Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture

An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart.
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Capital gains are going to be taxed more, and these economists say it's a good thing

Capital gains are going to be taxed more, and these economists say it's a good thing

OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups.
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,656.05, up 13.18): Enbridge Inc. (TSX:ENB). Energy. Up 34 cents, or 0.75 per cent, to 45.89 on 11.5 million shares.
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S&P/TSX composite flat on Wednesday, U.S. stock markets fall

S&P/TSX composite flat on Wednesday, U.S. stock markets fall

TORONTO — Canada's main stock index was flat on Wednesday, helped by strength in battery metal and technology stocks, while U.S. stock markets moved lower. The S&P/TSX composite index was up 13.18 points at 21,656.05.
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What measures were missing from the 2024 federal budget

What measures were missing from the 2024 federal budget

TORONTO — The federal budget tabled on Tuesday introduced $53 billion in new spending, but not everyone got what they were looking for. Here's a look at some of the measures not included in the Liberals government's fiscal plans.
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Wildfire sparked by TC Energy pipeline rupture under control

Wildfire sparked by TC Energy pipeline rupture under control

CALGARY — A wildfire in west-central Alberta that was sparked by a natural gas pipeline rupture is under control, but an investigation into what caused the pipeline to break could take months or even years.
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US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades

US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades

MIAMI (AP) — The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro's attempts to consolidate his rule just six months after the U.S.
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Biden promises to keep US Steel a 'totally American company' amid review of Japanese takeover plan

Biden promises to keep US Steel a 'totally American company' amid review of Japanese takeover plan

PITTSBURGH (AP) — President Joe Biden is promising to block the acquisition of U.S. Steel by a Japan company, saying it “should remain a totally American company. American-owned, American operated.
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