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Spanish company drops LNG terminal in New Brunswick citing high costs to ship gas
FREDERICTON — The Spanish company behind a proposal to export liquefied natural gas to Europe through a terminal in Saint John, N.B., has announced it will not go ahead with the project because the costs are too high.
Mar 17, 2023 1:24 PM
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Haaland criticized over ‘difficult’ choice on Willow project
WASHINGTON (AP) — In early March, President Joe Biden met with members of Alaska's bipartisan congressional delegation as they implored him to approve a contentious oil drilling project in their state.
Mar 17, 2023 12:51 PM
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Lobster giant partially owned by Indigenous bands delivering higher sales and profits
HALIFAX — A seafood giant that is half-owned by a coalition of East Coast First Nations is reporting a leap in annual sales, as 2022 revenues rose by $71.6 million compared to the year before.
Mar 17, 2023 11:38 AM
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Biden calls for tougher penalties for execs of failed banks
WASHINGTON (AP) — President Joe Biden on Friday called on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including clawing back compensation and making it easier to bar them from working in the industry.
Mar 17, 2023 11:36 AM
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Indigenous-led prospective buyer 'not going away' even as Trans Mountain costs spiral
CALGARY — An Indigenous-led initiative is still pursuing ownership of the Trans Mountain pipeline, in spite of the project's ballooning price tag. "We are not going away, just because it's $30.9 billion.
Mar 17, 2023 10:57 AM
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Banking complaints agencies report record numbers for 2022
TORONTO — Canada's two banking complaints agencies say there were a record number of inquiries and cases opened last year.
Mar 17, 2023 10:09 AM
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Cannabis 'price war' could cause 'significant' damage to industry: HEXO CEO
Hexo Corp.'s chief executive says he's seen a "price war" take shape over the last five months that could cause "significant" damage to Canada's cannabis industry. "No one wins in a price war," Charlie Bowman told analysts on a Friday call.
Mar 17, 2023 10:03 AM
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Wall Street opens a bit lower as worries about banks persist
NEW YORK (AP) — Wall Street is opening modestly lower as worries persist about the banking industry despite the lifelines it’s been getting. The S&P 500 was down 0.3% in early trading Friday. The Dow lost 0.6% and the Nasdaq was little changed.
Mar 17, 2023 6:38 AM
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Markham employee on leave after using N-word in George Brown College guest lecture
TORONTO — A downtown Toronto college says it is investigating after a guest speaker used the N-word during a case study presentation on Wednesday.
Mar 17, 2023 6:25 AM
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Parent of Silicon Valley Bank seeks bankruptcy protection
NEW YORK — The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.
Mar 17, 2023 5:57 AM
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