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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.
Aug 28, 2024 12:03 PM
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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.
Aug 28, 2024 11:21 AM
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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.
Aug 28, 2024 11:14 AM
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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.
Aug 28, 2024 9:16 AM
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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.
Aug 28, 2024 8:47 AM
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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.
Aug 27, 2024 9:07 PM
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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.
Aug 27, 2024 6:26 PM
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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.
Aug 27, 2024 5:52 PM
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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.
Aug 27, 2024 5:16 PM
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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.
Aug 27, 2024 4:55 PM
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