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Budget pushes measures on open banking, lower fees forward, but timing unclear

Budget pushes measures on open banking, lower fees forward, but timing unclear

TORONTO — The federal budget pushed forward several banking sector initiatives, including open banking and lower fees, but had little detail on when changes would actually take effect.
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Engine Capital backs Simpson Oil's call for strategic review at Parkland

Engine Capital backs Simpson Oil's call for strategic review at Parkland

CALGARY — An activist investor has sent a letter to the board of directors at Parkland Corp. backing a call from the company's largest shareholder for a strategic review at the fuel retailer. U.S.
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Tesla to ask shareholders to reinstate $55 billion pay package for Musk rejected by Delaware judge

Tesla to ask shareholders to reinstate $55 billion pay package for Musk rejected by Delaware judge

AUSTIN, Texas (AP) — Tesla will ask shareholders to reinstate a compensation package for CEO Elon Musk potentially worth $55 billion that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware
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Paris prepares for 100-day countdown to the Olympics. It wants to rekindle love for the Games

Paris prepares for 100-day countdown to the Olympics. It wants to rekindle love for the Games

PARIS (AP) — In Paris' outskirts, a bright-eyed young girl is eager for the Olympic and Paralympic Games to end. That's because the swimming club where 10-year-old Lyla Kebbi trains will inherit an Olympic pool.
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TC Energy pipeline rupture sparks wildfire near Edson, Alta.

TC Energy pipeline rupture sparks wildfire near Edson, Alta.

CALGARY — A natural gas pipeline owned by TC Energy Corp. ruptured near Edson, Alta., on Tuesday, sparking a wildfire. The Calgary-based pipeline operator confirmed the rupture in a statement late Tuesday afternoon.
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B.C. construction sector seeks support as workers shortage, late payments persist

B.C. construction sector seeks support as workers shortage, late payments persist

VICTORIA — British Columbia's construction industry says its workforce numbers have improved in recent years, but persistent labour shortages are putting "extreme pressures" on employers.
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Higher tobacco and vaping taxes offsets drug plan spending in federal budget

Higher tobacco and vaping taxes offsets drug plan spending in federal budget

OTTAWA — The federal government expects that its latest effort to discourage Canadians from smoking, contained in the federal budget tabled Tuesday, will generate $1.7 billion in new revenue.
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Some of the winners and losers in the 2024 federal budget

Some of the winners and losers in the 2024 federal budget

OTTAWA — With a variety of fiscal and policy measures announced in the federal budget, here's a look at some of the winners and losers: Winner: Small businesses Carbon tax rebates for small businesses are coming, five years after consumers began rece
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Unifor withdraws Amazon union applications, citing 'suspiciously high' employee data

Unifor withdraws Amazon union applications, citing 'suspiciously high' employee data

VANCOUVER — Unifor says it's temporarily withdrawing its applications to represent workers at two Vancouver-area Amazon facilities, accusing the e-commerce giant of providing a “suspiciously high” employee count.
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Liberals raise capital gains tax on wealthiest Canadians to pay for agenda

Liberals raise capital gains tax on wealthiest Canadians to pay for agenda

OTTAWA — Finance Minister Chrystia Freeland delivered a federal budget Tuesday that keeps the deficit capped at $40 billion, thanks to higher-than-expected government revenues and new taxes that largely offset billions in new spending.
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