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Pembina Pipeline deferring Cedar LNG decision until mid-year

Pembina Pipeline deferring Cedar LNG decision until mid-year

CALGARY — The company behind the proposed Cedar LNG facility said this week itwill defer making a final investment decision on the project until mid-2024. Pembina Pipeline Corp.
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Have a cancelled Lynx Air flight? Here's what to know about getting a refund

Have a cancelled Lynx Air flight? Here's what to know about getting a refund

Many passengers booked to fly on Lynx Air have been left scrambling after the discount air carrier announced it was ceasing operations on Feb. 26.
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Indigenous firms, First Nation to create investment dealer with Scotiabank

Indigenous firms, First Nation to create investment dealer with Scotiabank

TORONTO — Canada's first Indigenous-owned investment dealer could soon be a reality as Scotiabank is partnering with two Indigenous development corporations and a First Nation to launch one. Cedar Leaf Capital Inc.
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Federal government posts $23.6B deficit for April-to-December period

Federal government posts $23.6B deficit for April-to-December period

OTTAWA — The federal government posted a budgetary deficit of $23.6 billion for the first nine months of its 2023-24 fiscal year. The result compared with a deficit of $5.5 billion for the same stretch of its 2022-23 fiscal year.
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Chorus Aviation reports Q4 net income down 20% from year earlier, revenue also lower

Chorus Aviation reports Q4 net income down 20% from year earlier, revenue also lower

HALIFAX — Chorus Aviation Inc. reported its fourth-quarter profit fell 20 per cent compared with a year ago as its revenue also edged lower. The company says it earned net income of $36.6 million for the quarter ended Dec. 31, down from $45.
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Germany's parliament votes to legalize limited marijuana possession and allow 'cannabis clubs'

Germany's parliament votes to legalize limited marijuana possession and allow 'cannabis clubs'

BERLIN (AP) — German lawmakers on Friday approved a government plan to liberalize rules on cannabis, paving the way for the country to decriminalize limited amounts of marijuana and allow members of “cannabis clubs” to buy it for recreational purpose
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TransAlta reports $84M Q4 loss compared with $163M loss a year earlier

TransAlta reports $84M Q4 loss compared with $163M loss a year earlier

CALGARY — TransAlta Corp. reported a loss attributable to common shareholders of $84 million compared with a loss of $163 million a year earlier. The power utility says the loss amounted to 27 cents per diluted share for the quarter ended Dec.
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Onex reports US$373M Q4 profit, down from US$435M a year earlier

Onex reports US$373M Q4 profit, down from US$435M a year earlier

TORONTO — Onex Corp. reported a fourth-quarter profit of US$373 million, down from US$435 million a year earlier. The investment firm and asset manager, which keeps its books in U.S. dollars, says the profit amounted to US$4.
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Top EU official says decisions coming next week on the release of massive funds for Poland

Top EU official says decisions coming next week on the release of massive funds for Poland

WARSAW, Poland (AP) — The head of the European Union’s powerful Commission announced on Friday in Warsaw that decisions will be taken soon to release billions of euros to Poland, funds frozen by the bloc over the previous Polish government's anti-EU
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Why Canadians see the biggest grocers as the villains of food inflation

Why Canadians see the biggest grocers as the villains of food inflation

Galen Weston may not be the president of grocery giant Loblaw anymore, but you wouldn’t know that based on how often his name and face appear in connection with the company: in memes, on social media, and now emblazoned across the top of a new Reddit
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