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Air Canada to resume daily flights to Beijing, increase service to Shanghai

Air Canada to resume daily flights to Beijing, increase service to Shanghai

MONTREAL — Air Canada says it's increasing its service to China including daily flights to Beijing. The airline says it's resuming daily flights from Vancouver to the Chinese capital starting on Jan. 15.
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Eli Lilly’s third quarter earnings miss and forecast cut lead to sharp stock drop

Eli Lilly’s third quarter earnings miss and forecast cut lead to sharp stock drop

INDIANAPOLIS (AP) — Eli Lilly is dialing back its 2024 forecast after underwhelming Wall Street with third-quarter earnings and sales from two key drugs that missed expectations.
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US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.
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Canada Post presents latest contract offer to Canadian Union of Postal Workers

Canada Post presents latest contract offer to Canadian Union of Postal Workers

OTTAWA — Canada Post has presented its latest contract offer to the Canadian Union of Postal Workers in a bid to reach a new deal without a labour disruption. The new proposal includes annual wage increases amounting to 11.5 per cent over four years.
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Apparel retailers like Arc'teryx see in-store repair centres as 'the future'

Apparel retailers like Arc'teryx see in-store repair centres as 'the future'

TORONTO — In a nook of the gleaming new Arc'teryx store on Toronto's Bloor Street West, Jesse Chan and Yamel Zacarias rifled through a rack of jackets most would consider misfits one October afternoon.
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Precision Drilling sees third-quarter profits rise on stronger Canadian rig demand

Precision Drilling sees third-quarter profits rise on stronger Canadian rig demand

CALGARY — Precision Drilling Corp. says it earned $39 million in the third quarter of 2024, nearly double what it earned in the same time period last year. Canada's largest oil-and-gas drilling rig company says the profit works out to $2.
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Alberta Premier Smith says lower-than-forecast oil prices could mean budget deficit

Alberta Premier Smith says lower-than-forecast oil prices could mean budget deficit

EDMONTON, ALBERTA, CANADA — Alberta Premier Danielle Smith says a potential budget deficit next year is not off the table as oil prices sit below what was projected.
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The EU is imposing duties on electric vehicles from China after trade talks fail

The EU is imposing duties on electric vehicles from China after trade talks fail

BRUSSELS (AP) — The European Union is imposing duties on imports of electric vehicles from China starting Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute.
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S&P/TSX composite ticks lower, U.S. stock markets mixed as Nasdaq reaches new high

S&P/TSX composite ticks lower, U.S. stock markets mixed as Nasdaq reaches new high

TORONTO — Canada's main stock index ticked lower Tuesday, weighed down by losses in telecom, utilities and energy, while the Nasdaq hit a new record thanks to gains in technology stocks. However, U.S.
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Gordon Lightfoot's instruments, artwork and outfits headed to auction

Gordon Lightfoot's instruments, artwork and outfits headed to auction

Dozens of Gordon Lightfoot's personal belongings — including guitars, artwork, even his highest awards — are up for grabs in an auction that has some fans questioning why the items weren't rescued by a museum.
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