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Income gap between new immigrants and all Canadians shrunk by half in four years: PBO

Income gap between new immigrants and all Canadians shrunk by half in four years: PBO

OTTAWA — The income gap between Canada's newest immigrants and other Canadian workers has narrowed significantly, a new report from the parliamentary budget officer said Friday.
US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker

US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker

The Federal Aviation Administration says it will increase oversight of Boeing and audit production of the 737 Max 9 jetliner after a panel blew off an Alaska Airlines plane in midflight last week, the latest in a string of mishaps at the troubled air
Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels

Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels

NEW YORK (AP) — The biggest banks in the country posted strong profits last year, helped by higher interest rates and a strong economy, despite having to deal the lingering industry costs of last year's banking crisis that caused the collapse of Sili
Bitcoin ETF approvals both cause for caution and 'watershed moment': experts

Bitcoin ETF approvals both cause for caution and 'watershed moment': experts

TORONTO — The price of Bitcoin hit highs this week not seen in more than two years after a U.S.
Korean battery maker Samsung SDI investing in Canada Nickel

Korean battery maker Samsung SDI investing in Canada Nickel

TORONTO — Canada Nickel Co. Inc. says Korean company Samsung SDI Co. Ltd. has agreed to invest US$18.5 million in the company for an 8.7 per cent stake.
Corus CEO expects improved ad spending with Hollywood strikes in rearview mirror

Corus CEO expects improved ad spending with Hollywood strikes in rearview mirror

TORONTO — The chief executive of Corus Entertainment Inc.
Severe weather events threaten to drive insurance premiums higher: experts

Severe weather events threaten to drive insurance premiums higher: experts

The escalating risk of severe weather events is one of several factors putting pressure on insurance companies and potentially increasing premiums for consumers, experts say.
Vince Tyra moves up start date as CEO at Gildan after board request

Vince Tyra moves up start date as CEO at Gildan after board request

MONTREAL — Gildan Activewear Inc. says Vince Tyra will begin work as the company's chief executive on Monday, four weeks ahead of his planned start date, as the fight over who should lead the company continues.
Wholesale inflation in US declined last month, signaling that price pressures are still easing

Wholesale inflation in US declined last month, signaling that price pressures are still easing

WASHINGTON (AP) — Wholesale inflation in the United States fell for a third straight month in December, further evidence that price pressures in the economy are easing.
US investigating if Boeing made sure a part that blew off a jet was made to design standards

US investigating if Boeing made sure a part that blew off a jet was made to design standards

The Federal Aviation Administration is investigating whether Boeing failed to make sure a panel that blew off a jetliner in midflight last week was safe and manufactured to meet the design that regulators approved.
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