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WestJet issues 72-hour lockout notice to mechanics union, prepares to reduce schedule
CALGARY — WestJet has issued a 72-hour lockout notice to the union representing its mechanics, and warns a work stoppage could happen as early as Tuesday.
May 4, 2024 4:41 PM
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Canada expanding surveillance, increasing testing for avian flu
OTTAWA — The Canadian government is expanding its surveillance program for a form of avian flu amid a growing outbreak in U.S. dairy cattle. Fragments of highly pathogenic avian influenza have been detected in pasteurized milk sold in the U.S.
May 3, 2024 9:46 PM
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TD worst-case scenario more likely after drug money laundering allegations: analyst
TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.
May 3, 2024 6:32 PM
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TransAlta cancels wind power project over new government rules on development
CALGARY — A major Alberta utility has cancelled a large wind power project in response to new government rules on where such developments can be built.
May 3, 2024 6:29 PM
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Canada Post reports $748-million pre-tax loss for 2023, warns of worse ahead
OTTAWA — Canada Post says it lost $748 million before tax last year as it warned larger, unsustainable losses are likely ahead without changes to its business model.
May 3, 2024 5:08 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 (21,947.41, up 124.19 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down $4.64, or 5.84 per cent, to $74.80 on 14.8 million shares.
May 3, 2024 4:58 PM
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S&P/TSX composite up Friday, U.S. stock markets rally after jobs report shows cooling
TORONTO — Canada's main stock index rose Friday, led by strength in base metals, utilities and telecom, while U.S. markets rallied after the latest jobs report came in cooler than expected. Markets rose Friday after the latest report on the U.S.
May 3, 2024 4:48 PM
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Stock market today: Wall Street rallies after hiring shows welcome signs of cooling
NEW YORK — Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month.
May 3, 2024 4:08 PM
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US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
DETROIT (AP) — The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China.
May 3, 2024 4:08 PM
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Loblaw boycott organizer says she met with CEO to talk about grocery prices
One of the organizers of a month-long boycott of Loblaw-owned stores says she met with the grocer's president and CEO Per Bank on Thursday afternoon.
May 3, 2024 3:59 PM
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