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S&P/TSX composite gives up early gains to fall on repositioning away from tech

S&P/TSX composite gives up early gains to fall on repositioning away from tech

TORONTO — Canada's main stock index gave up early gains to fall for a third day this week as investors repositioned from the technology sector towards energy, financials and industrials.
Third round of pandemic payouts coming for Ontario parents, budget says

Third round of pandemic payouts coming for Ontario parents, budget says

Ontario families with children can expect to receive a new round of payments from the government aimed at relieving pressures related to the pandemic.
Port of Halifax monitoring Suez Canal situation after ship grounding blocks traffic

Port of Halifax monitoring Suez Canal situation after ship grounding blocks traffic

MONTREAL — The Port of Halifax said it is monitoring the situation after a skyscraper-sized container ship ran aground in Egypt's Suez Canal, potentially disrupting shipments from Asia to Montreal and Halifax.
Toronto Star appoints former National Post leader Anne Marie Owens as editor

Toronto Star appoints former National Post leader Anne Marie Owens as editor

CALGARY — The owner of the Toronto Star newspaper is bringing in new newsroom leadership with the appointment as editor of Anne Marie Owens, a former editor-in-chief of the National Post.
Oilpatch workforce faces more cuts this year before rebound in 2022-23, says PetroLMI

Oilpatch workforce faces more cuts this year before rebound in 2022-23, says PetroLMI

CALGARY — Canada's oil and gas workforce is expected to shrink by almost 7,300 jobs this year thanks to layoffs linked to corporate mergers and cost cutting, according to an energy industry labour data firm, before staging a modest rebound over the f
Highlights from the Ontario budget unveiled Wednesday

Highlights from the Ontario budget unveiled Wednesday

Ontario's Progressive Conservative government tabled its second pandemic-era budget Wednesday. Here are the highlights: ___ BILLIONS IN SPENDING, LONG PATH TO BALANCE The budget contains $186.1 billion in spending, with $6.
Canada Goose's CEO on luxury brand's soaring growth amid pandemic challenges

Canada Goose's CEO on luxury brand's soaring growth amid pandemic challenges

The head of Canada Goose Holdings Inc. is addressing head-on allegations of labour unrest at some of the company’s Canadian factories while the luxury parka maker moves into new markets, expands its product offerings and doubles down on quality.
Pope, citing pandemic effect, cuts pay for cardinals, others

Pope, citing pandemic effect, cuts pay for cardinals, others

VATICAN CITY — Trying to save jobs as the pandemic pummels Vatican revenues, Pope Francis has ordered pay cuts for cardinals and other clerics, as well as nuns, who work at the Holy See.
States sue to undo Biden pause on US oil & gas lease sales

States sue to undo Biden pause on US oil & gas lease sales

NEW ORLEANS — Thirteen states sued the Biden administration Wednesday to end a suspension of new oil and gas leases on federal land and water and to reschedule cancelled sales of leases in the Gulf of Mexico, Alaska waters and western states.
EU moves toward stricter export controls for COVID-19 shots

EU moves toward stricter export controls for COVID-19 shots

BRUSSELS — The European Union moved Wednesday toward stricter export controls for coronavirus vaccines, seeking to make sure its 27 nations have more COVID-19 shots to boost the bloc's flagging vaccine campaign amid a surge in new infections.
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