Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Business
Canada Bread denies price-fixing scheme in court filing, points finger at Maple Leaf
The bread supplier that admitted to price-fixing earlier this year says in new court filings…
Death toll rises to five in cantaloupe salmonella outbreak, as cases almost double
OTTAWA – Five people have died in a salmonella outbreak linked to Malichita and Rudy…
Flight safety oversight in Canada plummets, draft UN agency report finds
MONTREAL – Canada has received a C grade on flight safety oversight — down from…
New AFN chief ‘absolutely’ supports Ontario chiefs in push for carbon price review
OTTAWA – The incoming leader of the Assembly of First Nations says she’ll back demands…
California faces record $68 billion budget deficit, nonpartisan legislative analyst says
SACRAMENTO, Calif. (AP) — California is facing a record $68 billion budget deficit, state officials…
Lululemon earns US$248.7 million in third quarter, revenue rises to US$2.2 billion
VANCOUVER – Lululemon Athletica Inc. says its net income for the third quarter was US$248.7…
Telus urges support for broadcast distributors as CRTC hearing set to wrap up
Telus Corp. is urging the CRTC to address a “dramatically” changing industry landscape, echoing its…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:…
Community-building businesses look to fill societal gap
TORONTO – When Joshua Zachariah was a teenager, he was enamoured with bars — or…
S&P/TSX composite ekes out gain Thursday, U.S. stock markets rise
TORONTO – Canada’s main stock index eked out a gain Thursday as base metals helped…
Oil and gas sector warns emissions cap could lead to production curtailments
CALGARY – Canada’s oil and gas industry is warning that Ottawa’s emissions cap framework could…
Oil, gas emissions to be cut more than one-third by 2030 but offset credits allowed
OTTAWA – The oil and gas industry will have to cut emissions by more than…
Stock market today: Wall Street rises ahead of a highly anticipated jobs report
NEW YORK (AP) — Wall Street closed higher following its first three-day losing streak since…
Surge in newcomers putting pressure on inflation via housing demand: BoC official
OTTAWA – The recent surge in newcomers is adding to inflation through housing demand, a…
Financial intelligence agency levies $1.3 million penalty against CIBC
TORONTO – Canada’s financial intelligence agency says it has levied a $1.3-million penalty against CIBC…
Major retailers must sign grocery code of conduct, federal agriculture minister says
Federal Agriculture Minister Lawrence MacAulay wouldn’t rule out the possibility of provincial or federal government…
Roughly half of first-time buyers likely to use first home savings account: BMO poll
TORONTO – A new survey suggests a little more than half of potential first-time homebuyers…
Holiday budget planning should include more than gifts you’re planning on giving
OTTAWA – A holiday spending plan is always a good idea, but as inflation pushes…
Filings for jobless claims tick up modestly, continuing claims fall
U.S. applications for jobless benefits ticked up last week, but the overall number of people…
Intact subsidiary RSA selling U.K. home and pet insurance business
TORONTO – Insurance company Intact Financial Corp. says its Royal & Sun Alliance Insurance Ltd.…
2024 to bring slower food inflation as prices continue to moderate: report
Food prices will keep rising in 2024, though at a slower pace, according to the…
CN announces deal to acquire Iowa Northern Railway
MONTREAL – CN says it’s acquiring Iowa Northern Railway, pending regulatory review. In a press…
Oil and gas emissions cap coming Thursday, targets 2026 start date
OTTAWA – The long-promised cap on greenhouse gas emissions for Canada’s oil and gas sector…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:…