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Liberals' decision to invoke Emergencies Act justified, but 'regrettable' it happened
OTTAWA — The Liberal government met the "very high threshold" for invoking the Emergencies Act to clear last winter's "Freedom Convoy" protests, which spiralled out of control because of failures in policing and federalism, the Public Order Emergency
Feb 17, 2023 2:32 PM
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CIBC agrees to settle Cerberus lawsuit for US$770 million
TORONTO — CIBC says it has entered into an agreement to settle a lawsuit filed against it by private equity firm Cerberus Capital Management LP.
Feb 17, 2023 2:31 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,515.24, down 91.18): Air Canada (TSX:AC). Industrials. Down $1.95, or 8.42 per cent, to $21.20 on 9.8 million shares.
Feb 17, 2023 2:05 PM
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S&P/TSX composite posts small loss Friday on energy weakness, U.S. markets mixed
TORONTO — Losses in the energy sector weighed Canada's main stock index down Friday, while U.S. markets were mixed, pulled lower by tech. The S&P/TSX composite index closed down 91.18 points at 20,515.24.
Feb 17, 2023 1:52 PM
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Stocks end mixed; S&P 500 posts 2nd straight weekly loss
NEW YORK (AP) — Stocks ended mixed on Wall Street after paring losses from the morning. The S&P 500 still posted its first back-to-back weekly declines since the turn of the year. The index lost 0.3% Friday.
Feb 17, 2023 1:08 PM
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Excess household savings may help economy avoid harsher downturn: BMO
OTTAWA — High household savings in Canada and the U.S. may help both countries avoid a severe downturn as high interest rates ripple through the economy.
Feb 17, 2023 10:00 AM
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Air Canada posts Q4 profit, offering new optimism after tough year for airline
MONTREAL — Air Canada's comeback from pandemic shutdowns appears to be gaining momentum after the airline posted a profit in its latest quarter, offering hope the industry has turned a corner even as the country's largest airline posted a $1.
Feb 17, 2023 9:54 AM
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Indigo creates temporary website for browsing after cyberattack
TORONTO — Indigo Books & Music Inc. has created a temporary website for its customers to browse for books and gifts after a cyberattack halted the company's online operations last week.
Feb 17, 2023 8:41 AM
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High gas prices may have curbed downward inflation trend in January: economists
OTTAWA — Canada's annual inflation rate has been slowing since the summer, but economists are predicting that higher fuel prices in January may have hindered that trend.
Feb 17, 2023 7:00 AM
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Indian authorities accuse BBC of tax evasion after searches
NEW DELHI (AP) — India’s Finance Ministry accused the BBC of tax evasion on Friday, saying that it had not fully declared its income and profits from its operations in the country.
Feb 17, 2023 5:59 AM
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