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Federal banking regulator keeps domestic stability buffer on hold at 3.5 per cent

Federal banking regulator keeps domestic stability buffer on hold at 3.5 per cent

OTTAWA — Canada's banking regulator has left unchanged how much money the Big Six banks have to hold for a potential economic downturn.
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CWB Financial Group reports Q4 profit up from year ago, raises quarterly dividend

CWB Financial Group reports Q4 profit up from year ago, raises quarterly dividend

EDMONTON — CWB Financial Group raised its dividend as it reported its fourth-quarter profit rose compared with a year ago. The Edmonton-based bank says it will pay a quarterly dividend of 34 cents per share, an increase of a penny.
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Putin will seek another presidential term in Russia, aiming to extend his rule of over two decades

Putin will seek another presidential term in Russia, aiming to extend his rule of over two decades

MOSCOW — Vladimir Putin on Friday moved to prolong his repressive and unyielding grip on Russia for at least another six years, announcing his candidacy in the presidential election next March that he is all but certain to win.
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Canada Bread denies price-fixing scheme in court filing, points finger at Maple Leaf

Canada Bread denies price-fixing scheme in court filing, points finger at Maple Leaf

The bread supplier that admitted to price-fixing earlier this year says in new court filings that any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods.
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Death toll rises to five in cantaloupe salmonella outbreak, as cases almost double

Death toll rises to five in cantaloupe salmonella outbreak, as cases almost double

OTTAWA — Five people have died in a salmonella outbreak linked to Malichita and Rudy brand cantaloupes sold in six provinces.
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Flight safety oversight in Canada plummets, draft UN agency report finds

Flight safety oversight in Canada plummets, draft UN agency report finds

MONTREAL — Canada has received a C grade on flight safety oversight — down from an A+ almost two decades ago and far below most of its peers — according to a draft report from a United Nations agency.
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New AFN chief 'absolutely' supports Ontario chiefs in push for carbon price review

New AFN chief 'absolutely' supports Ontario chiefs in push for carbon price review

OTTAWA — The incoming leader of the Assembly of First Nations says she'll back demands by chiefs in Ontario for a judicial review of Canada's carbon price.
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California faces record $68 billion budget deficit, nonpartisan legislative analyst says

California faces record $68 billion budget deficit, nonpartisan legislative analyst says

SACRAMENTO, Calif. (AP) — California is facing a record $68 billion budget deficit, state officials announced Thursday, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his national profile .
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Lululemon earns US$248.7 million in third quarter, revenue rises to US$2.2 billion

Lululemon earns US$248.7 million in third quarter, revenue rises to US$2.2 billion

VANCOUVER — Lululemon Athletica Inc. says its net income for the third quarter was US$248.7 million, compared with US$255.6 million a year earlier. The Vancouver-based apparel company says net revenue for the quarter was US$2.2 billion, up from US$1.
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Telus urges support for broadcast distributors as CRTC hearing set to wrap up

Telus urges support for broadcast distributors as CRTC hearing set to wrap up

Telus Corp. is urging the CRTC to address a "dramatically" changing industry landscape, echoing its Canadian broadcasting rivals, as the federal regulator's three-week hearing held in response to the Online Streaming Act winds down.
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