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US economic growth for last quarter is revised up slightly to a 1.4% annual rate

US economic growth for last quarter is revised up slightly to a 1.4% annual rate

WASHINGTON (AP) — The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said Thursday in a slight upgrade from its previous estimate.
Supreme Court halts enforcement of the EPA's plan to limit downwind pollution from power plants

Supreme Court halts enforcement of the EPA's plan to limit downwind pollution from power plants

WASHINGTON (AP) — The Supreme Court is putting the Environmental Protection Agency’s air pollution-fighting “good neighbor” plan on hold while legal challenges continue, the conservative-led court’s latest blow to federal regulations.
MDA Space awarded $1-billion contract for next phases of Canadarm3

MDA Space awarded $1-billion contract for next phases of Canadarm3

BRAMPTON, Ont. — MDA Space Ltd. has won a $1-billion contract with the Canadian Space Agency for the next phases of the Canadarm3 robotics system.
B.C. Investment Management earned 7.5% annual combined pension plan return

B.C. Investment Management earned 7.5% annual combined pension plan return

VICTORIA — British Columbia Investment Management Corp. says it earned an annual combined pension plan return of 7.5 per cent for its latest year.
US sanctions Boeing for sharing information about 737 Max 9 investigation

US sanctions Boeing for sharing information about 737 Max 9 investigation

Boeing is being sanctioned by U.S. investigators for sharing information about a federal investigation of a door plug blowout that left a gaping hole in a Boeing 737 Max 9.
Cost cutting continues at BlackBerry as firm reports US$42-million net loss in Q1

Cost cutting continues at BlackBerry as firm reports US$42-million net loss in Q1

BlackBerry Ltd.'s chief executive says the company's preparations to divide up its business have so far produced millions in savings and put the business on a path to profitability. John Giamatteo told analysts Wednesday that the Waterloo, Ont.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,793.90, up 5.42 points): TC Energy Corp. (TSX:TRP). Energy. Down 69 cents, or 1.29 per cent, to $52.81 on 13.6 million shares.
Calgary mayor says if tests go well, full water service could be restored by July 1

Calgary mayor says if tests go well, full water service could be restored by July 1

CALGARY — Calgary’s mayor says if everything goes to plan, the city’s water-conservation crisis could be over by Canada Day.
Power back on in western Labrador after wildfires knocked out transmission lines

Power back on in western Labrador after wildfires knocked out transmission lines

ST. JOHN'S, N.L. — Power was restored Wednesday to two iron-ore mines and a small community in western Labrador after a ferocious wildfire jumped across a river and advanced quickly toward Churchill Falls, which is home to a massive power plant.
S&P/TSX composite closes up as industrial, metal stocks rise in ‘floating pattern’

S&P/TSX composite closes up as industrial, metal stocks rise in ‘floating pattern’

Canada’s main stock index stayed nearly flat Wednesday as shares bobbed along in what one portfolio manager calls a “floating pattern.” The S&P/TSX composite index crept up 5.42 points to 21,793.