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Flair Airlines seeks investors to ‘restructure’ finances and grow fleet

Flair Airlines seeks investors to ‘restructure’ finances and grow fleet

VANCOUVER — Flair Airlines is looking for partners to inject fresh capital into the discount carrier in order to "restructure" its finances and build out its fleet.
Judge acquits Canadian Pacific of contempt of court in ruling tied to long work hours

Judge acquits Canadian Pacific of contempt of court in ruling tied to long work hours

OTTAWA — A Federal Court of Appeal judge has acquitted Canadian Pacific Kansas City Ltd. of contempt of court related to excessively long hours worked by employees.
Shopify fills CTO role with ex-Microsoft executive Mikhail Parakhin

Shopify fills CTO role with ex-Microsoft executive Mikhail Parakhin

OTTAWA — Shopify Inc. has named a new chief technology officer, filling a role that has been empty since January 2023. The Ottawa-based e-commerce software firm says Mikhail Parakhin will take on the job.
Poland to increase its spending on defense in 2025 to a record high

Poland to increase its spending on defense in 2025 to a record high

WARSAW, Poland (AP) — Polish Prime Minister Donald Tusk says the 2025 state budget will include record-high spending on defense.
National Bank reports $1.03B Q3 profit, up from $830M a year ago

National Bank reports $1.03B Q3 profit, up from $830M a year ago

MONTREAL — National Bank of Canada reported a third-quarter profit of $1.03 billion, up from $830 million a year ago, helped by strength across its operations. The Montreal-based bank said Wednesday its net income amounted to $2.
Jasper wildfire will cost insurers more than $880 million: Insurance Bureau of Canada

Jasper wildfire will cost insurers more than $880 million: Insurance Bureau of Canada

EDMONTON — The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta's history for insured losses.
Calgary water use outpaces cap on first full day of new restrictions

Calgary water use outpaces cap on first full day of new restrictions

CALGARY — Taps may run dry and firefighters could encounter empty hydrants if residents don't shape up and abide by renewed water restrictions, Calgary's mayor warned Tuesday.
Stock market today: Dow Jones Industrial Average inches up to another record high in mixed trading

Stock market today: Dow Jones Industrial Average inches up to another record high in mixed trading

Wall Street notched another record high Tuesday, even as major stock indexes barely budged after a listless day of trading. The Dow Jones Industrial Average rose 9 points, or less than 0.
In history of Canadian rail shutdowns, echoes of some current sticking points

In history of Canadian rail shutdowns, echoes of some current sticking points

MONTREAL — On a sweltering Thursday 51 years ago, a group of striking railroaders stormed Parliament. For nearly an hour on Aug.
S&P/TSX composite down Tuesday, U.S. markets move higher ahead of Nvidia earnings

S&P/TSX composite down Tuesday, U.S. markets move higher ahead of Nvidia earnings

TORONTO — Canada's main stock index moved lower on Tuesday, weighed down by energy stocks as oil prices retreated, while U.S. markets inched higher and the Dow added a few points to Monday's record high. U.S.