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Political divisiveness a threat to Alberta economy, business groups say

Political divisiveness a threat to Alberta economy, business groups say

CALGARY — As the Alberta election campaign heads into its final days, business groups are warning that increased divisiveness and political extremism poses a threat to the province's economic future.
Spring flood risks highlight lack of insurance for Canadian homeowners: experts

Spring flood risks highlight lack of insurance for Canadian homeowners: experts

As the spring season brings higher flood risk to Canadians, as seen in British Columbia recently, experts say many homeowners remain without adequate insurance to cover extreme weather’s damage to their homes.
Stock market today: Asian markets mixed as US government debt talks push toward brink of default

Stock market today: Asian markets mixed as US government debt talks push toward brink of default

NEW YORK — Asian markets were mixed Friday as a deadline loomed for Congress to reach a deal on the U.S. government debt or face a potentially calamitous default . Tokyo and Seoul rose while Shanghai and Sydney fell.
Air Canada briefly grounds flights due to computer system problem

Air Canada briefly grounds flights due to computer system problem

MONTREAL — Air Canada briefly grounded its planes Thursday due to a problem with its computer system, delaying nearly half its flights.
Lululemon promises 2,600 new jobs after exemption from some immigration rules

Lululemon promises 2,600 new jobs after exemption from some immigration rules

Vancouver-based company Lululemon says it will expand its headquarters in the city and create 2,600 jobs over the next five years.
Police lay no charges against former Unifor head Jerry Dias in alleged bribery case

Police lay no charges against former Unifor head Jerry Dias in alleged bribery case

TORONTO — Former Unifor president Jerry Dias was not charged as the result of an investigation launched last year into allegations that the longtime union leader accepted a bribe, Toronto police said Thursday.
Prince Edward Island government forecasts $98-million deficit in annual budget

Prince Edward Island government forecasts $98-million deficit in annual budget

CHARLOTTETOWN — The Prince Edward Island government tabled a $3.09-billion budget Thursday that forecasts a $97.6-million deficit and a promise to spend money for a new medical school to help the frail health-care sector.
Highlights from Prince Edward Island's 2023-24 annual provincial budget

Highlights from Prince Edward Island's 2023-24 annual provincial budget

CHARLOTTETOWN — The Prince Edward Island government tabled a $3.09-billion budget Thursday. Here are some highlights: — A projected deficit of $97.6 million on total revenues of $2.99 billion and expenditures of $3.09 billion.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,774.08, down 153.61): Toronto-Dominion Bank. (TSX:TD). Finance. Down $3.40, or 4.19 per cent, to $77.78 on 10.3 million shares.
Economic headwinds weigh on bank results as more money set aside for bad loans

Economic headwinds weigh on bank results as more money set aside for bad loans

TORONTO — The effects of heightened inflation and central bank efforts to rein it in by slowing the economy are showing in the second-quarter results from Canada's big banks.