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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 .
TIFF cuts 12 full-time staff members, cites pandemic and SAG-AFTRA strike as factors

TIFF cuts 12 full-time staff members, cites pandemic and SAG-AFTRA strike as factors

TORONTO — The Toronto International Film Festival shed 12 full-time staff members across various departments in a restructuring on Thursday.
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.
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.
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 (20,278.51, up 4.30 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $1.82, or 2.14 per cent, to $83.27 on 21.
'Crossed my line': Calgary traffic reporter goes viral after response to body comment

'Crossed my line': Calgary traffic reporter goes viral after response to body comment

CALGARY — TV traffic reporter Leslie Horton developed a thick skin over the years because of nasty feedback from viewers, but she unleashed a viral smackdown last week after she says one of them "crossed my line.
Community-building businesses look to fill societal gap

Community-building businesses look to fill societal gap

TORONTO — When Joshua Zachariah was a teenager, he was enamoured with bars — or at least his idea of them.
S&P/TSX composite ekes out gain Thursday, U.S. stock markets rise

S&P/TSX composite ekes out gain Thursday, U.S. stock markets rise

TORONTO — Canada's main stock index eked out a gain Thursday as base metals helped offset weakness in energy, while U.S. markets rose. The S&P/TSX composite index closed up 4.30 points at 20,278.51. Big technology stocks helped lift U.S.
Oil and gas sector warns emissions cap could lead to production curtailments

Oil and gas sector warns emissions cap could lead to production curtailments

CALGARY — Canada's oil and gas industry is warning that Ottawa's emissions cap framework could result in significant production curtailments by companies and higher energy prices for consumers.
Laurentian Bank reports profit down from system outage, cuts 2% of staff

Laurentian Bank reports profit down from system outage, cuts 2% of staff

Laurentian Bank of Canada said Thursday it was cutting staff and revamping its strategic plan as it works to move past a major system outage in September and the subsequent ousting of its chief executive.
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