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Deadline to get partial CEBA forgiveness arrives as business groups warn of closures

Deadline to get partial CEBA forgiveness arrives as business groups warn of closures

The deadline for Canadian businesses to qualify for partial forgiveness of pandemic-era loans has arrived, as business groups warn struggling firms need more time to repay their debt.
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Flight delayed? Baggage lost? Here's how to apply for compensation

Flight delayed? Baggage lost? Here's how to apply for compensation

Chad Rose was slated to take an afternoon flight from London, Ont., to Ottawa when WestJet cancelled his trip the day of. The airline put him in a taxi to Toronto's Pearson airport during rush hour for an evening departure instead.
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Loblaw discount reduction not evidence of grocery collusion: competition expert

Loblaw discount reduction not evidence of grocery collusion: competition expert

Loblaw’s recent move to reduce discounts on last-day sale items is a normal practice in the industry, not a sign of collusion, according to an expert in Canadian competition.
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Here's when airlines owe you compensation

Here's when airlines owe you compensation

Under changes proposed by Canada's transport regulator, the following reasons for a flight delay or cancellation would qualify travellers for compensation of up to $1,000 — though most already apply. - Flight crew or cabin crew shortage.
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The drop in Panama Canal traffic due to a severe drought could cost up to $700 million

The drop in Panama Canal traffic due to a severe drought could cost up to $700 million

PANAMA CITY (AP) — A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world's most important trade routes.
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US applications for jobless benefits fall to lowest level since September 2022

US applications for jobless benefits fall to lowest level since September 2022

The number of Americans applying for unemployment benefits last week fell to its lowest level in more than a year, underscoring the resilience of the labor market despite elevated interest rates that are intended to cool the economy.
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Extreme weather a growing risk to Canada's electricity grid: experts

Extreme weather a growing risk to Canada's electricity grid: experts

CALGARY — A series of electricity grid alerts in Alberta during the deep freeze last week made headlines across the country, but experts say power systems all across North America are increasingly at risk of being overloaded during severe weather.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,695.02, down 253.07 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 56 cents, or 0.70 per cent, to $79.88 on 11.
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S&P/TSX composite down more than 250 points, U.S. stock markets also lower

S&P/TSX composite down more than 250 points, U.S. stock markets also lower

TORONTO — Canada's main stock index fell more than 250 points in a broad-based decline Wednesday, while U.S. stock markets also fell. The S&P/TSX composite index closed down 253.07 points at 20,695.02.
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Stock market today: Wall Street slips as hopes dim for an imminent cut to interest rates

Stock market today: Wall Street slips as hopes dim for an imminent cut to interest rates

NEW YORK (AP) — Wall Street slipped again after a stronger-than-expected report on the U.S. economy weakened hopes that easier interest rates would arrive soon. The S&P 500 fell 0.6% Wednesday, its second straight drop. The Dow fell 0.
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