Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Business
Energy Fuels starts uranium production at three mines, shares rise
TORONTO – Shares of Energy Fuels Inc. were up after the company said it has…
Stock market today: Wall Street bounces back after a big loss, S&P 500 again nears record
NEW YORK (AP) — Several strong profit reports helped Wall Street claw back most of…
Matthew Boswell’s mandate as competition commissioner renewed for another two years
OTTAWA – The federal government is reappointing Matthew Boswell as the commissioner of competition for…
Angola is leaving OPEC oil cartel after 16 years after dispute over production cuts
LONDON (AP) — Angola announced Thursday that it’s leaving the OPEC oil producers cartel, coming…
Canada learned lessons from Trump’s first term — and vice versa, says ambassador
WASHINGTON – It’s a truism in foreign-policy circles that the world learned some hard lessons…
Statistics Canada reports retail sales rose 0.7% to $66.9 billion in October
Canadian shoppers opened up their wallets a touch more in October, helping retail sales rise…
Crescent Point Energy completes deal to buy Hammerhead Energy
CALGARY – Crescent Point Energy Corp. says it expects average production of 198,000 to 206,000…
Toy retailer Mastermind to stop accepting gift cards after Christmas Eve
TORONTO – Mastermind says it will stop honouring gift cards after Christmas Eve. The distressed…
Time to replace your car? How to tell when repair bills are no longer worth it
TORONTO – Deciding whether to fix your aging car again or trade it in for…
Weekly US unemployment claims rise slightly but job market remains strong as inflation eases
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose slightly last week…
A Dutch court has sentenced a man convicted in a notorious Canadian cyberbullying case to 6 years
AMSTERDAM (AP) — A Dutch man, who was convicted in British Columbia of charges including…
Holiday travel angst lingers as airports, airlines gear up for holiday rush
MONTREAL – Michael Morrow is sitting poolside in Cancun, a Corona lager in hand, but…
Study shows AI image-generators being trained on explicit photos of children
Hidden inside the foundation of popular artificial intelligence image-generators are thousands of images of child…
New BlackBerry CEO John Giamatteo has his eye on expenses as he works to split firm
BlackBerry Ltd.’s new chief executive has his eye on lowering expenses as the company works…
Metro accuses Loblaw of falsely implicating it in bread price-fixing scheme
Metro Inc. is accusing Loblaw Cos. Ltd. and its parent company George Weston Ltd. of…
Regulator denied Trans Mountain variance request due to pipeline safety concerns
CALGARY – The Canada Energy Regulator is citing safety concerns as its reason for refusing…
American consumers are feeling much more confident as holiday shopping season peaks
American consumers are feeling more confident than they have since summer, good news for businesses…
Linamar to buy agriculture equipment manufacturer Bourgault Industries in $640M deal
GUELPH, Ont. – Linamar Corp. says it’s reached an agreement to acquire Bourgault Industries Ltd.…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:…
Markets reverse in mid-afternoon slump, TSX loses more than one per cent Wednesday
TORONTO – Canada’s main stock index lost more than one per cent on Wednesday in…
Gildan shareholders seeking Chamandy’s return to company ask for changes to board
Gildan Activewear Inc.’s shareholders are intensifying their calls to have the company’s former chief executive…
Federal government backstops carbon price in first-of-its-kind deal
CALGARY – A Calgary carbon capture company has signed a first-of-its-kind carbon offtake agreement with…
Odds of another rate hike have fallen, BoC governing council agreed as it held rate
OTTAWA – The odds of another rate hike have decreased, the Bank of Canada’s governing…
Federal regulators give more time to complete gas pipeline extension in Virginia, North Carolina
RALEIGH, N.C. (AP) — The builders of a proposed natural gas pipeline that will enter…