Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Business
Canfor to build new manufacturing facility after closure of Houston, B.C., sawmill
Vancouver-based Canfor has announced plans to build a new manufacturing facility in Houston, B.C., about…
Canopy Growth lands creditor protection for BioSteel business, intends to sell brand
Tired of its sports drink business weighing on its books, Canopy Growth Corp. is making…
Consumers still hungry for leisure travel, despite inflation, rate hikes: Transat CEO
MONTREAL – Canadians are still gung-ho for travel to sun-splashed resorts and European getaways, in…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:…
Stock market today: Wall Street climbs as stocks worldwide rise
NEW YORK (AP) — Stocks rose on Wall Street after a blizzard of reports suggested…
Last defendant sentenced in North Dakota oil theft scheme
The last of four men charged in a scheme to steal millions of dollars worth…
WestJet union should apologize for trying to ‘silence’ free speech, Poilievre says
OTTAWA – Conservative Leader Pierre Poilievre says the union representing WestJet cabin crew should apologize…
Grocer Empire reports Q1 profit and sales up from year ago
STELLARTON, N.S. – Empire Co. Ltd. earned $261.0 million in its latest quarter, up from…
Major life insurers taking steps, but falling short on climate action: report
TORONTO – A new report from an advocacy group finds two of Canada’s biggest insurers…
Robert Miller, accused of paying minors for sex, to sell Future Electronics for $5B
Montreal billionaire Robert Miller, who faces a class-action lawsuit alleging he paid underage girls for…
Retail sales rise 0.6% in August largely due to a spike in gas prices
NEW YORK (AP) — Americans stepped up retail spending modestly from July to August as…
U.S. benchmark oil price tops US$90 a barrel for first time since November 2022
TORONTO – The U.S. benchmark price of oil has topped US$90 per barrel for the…
Talks between Serbia and Kosovo break down again. The EU says their hopes of joining are at risk
BRUSSELS (AP) — Kosovo and Serbia on Thursday failed yet again to make progress in…
Laurentian Bank shares fall as it concludes review without deal to sell
MONTREAL – Shares of Laurentian Bank were down more than 10 per cent in morning…
Wholesale sales excluding petroleum products and oilseeds and grains up in July
OTTAWA – Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and…
‘One family, one lawyer’ model promises to save divorcing couples time and money
Edmonton lawyer Melissa Bourgeois had been practicing family law for more than a decade when…
Stranded luxury cruise ship MV Ocean Explorer has been pulled free at high tide in Greenland
COPENHAGEN, Denmark (AP) — The luxury cruise ship MV Ocean Explorer was “successfully” pulled free…
Europe’s central bank hikes interest rates again even as threat of recession grows
FRANKFURT, Germany (AP) — The European Central Bank piled on a 10th straight interest rate…
Wholesale price inflation accelerated in August from historically slow pace
WASHINGTON (AP) — U.S. wholesale prices increases accelerated in August, a sign that inflation remains…
Applications for US jobless benefits tick up slightly
The number of Americans applying for unemployment benefits last week ticked up modestly after falling…
Credit card debt hit all-time high in Q2 as financial pressure builds: Equifax
TORONTO – Equifax Canada says credit card balances hit an all-time high of $107.4 billion…
Feds unveil first deal for new housing accelerator fund in London
LONDON, Ont. – The federal government is trying to channel the anger it’s facing over…
Leaving Google’s search engine isn’t easy, government witness says in antitrust case
WASHINGTON (AP) — The U.S. Justice Department pressed ahead with its antitrust case against Google…
Olymel announces closures affecting around 400 workers in Ontario and Quebec
Olymel is closing two plants in Quebec and Ontario and accelerating the closure of another…