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Anger over CSEC Wi-Fi spying
A B.C. MP in calling for an inquiry over information about CSEC's activities contained in a document leaked by Edward Snowden
A B.C. MP in calling for an inquiry over information about CSEC's activities contained in a document leaked by Edward Snowden
The rise of technology stocks continues under the leadership of the Nasdaq technology exchange on Wall Street; quarterly figures and investor confidence in interest rates are rising. In the past year, the situation was reversed: while the Dow Jones had held up comparatively well, the Nasdaq 100 slumped by around a third; now the tide has turned.
TORONTO — Widespread inflation has led to some eye-popping meat prices, but dietitians say there are budget-friendly ways to get enough protein. Saving money on these essential building blocks could involve both considering a wider variety of sources, and being more strategic when sticking to old favourites, but either way it’s key that everyone gets enough, said registered dietitian Desiree Nielsen. “With everyone still getting sick all of the time, it is really important that you get adequate
WASHINGTON (Reuters) -Tesla Chief Executive Elon Musk met two top White House officials on Friday in Washington to discuss how the car maker and Democratic President Joe Biden could work together to advance electric vehicle production and speed electrification of U.S. vehicle networks. Musk met John Podesta, a Democratic stalwart who serves as Biden's senior adviser for clean energy innovation, and Mitch Landrieu, who oversees infrastructure spending, the White House said.
Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, Taleeb Noormohamed, Member of Parliament for Vancouver Granville, Ravi Kahlon, BC Minister of Housing, Brooke Eschuk, Economic Development Officer, District of Fort St. James, and Tyrell Arnold, Executive Director, Connexus Community Resources announced a combined $8 million investment to build 36 new rental homes for independent seniors in Fort. St. James. Redevelopment of Connexus Fort St. James Seniors Housin
VANCOUVER — Canfor Corporation says as many as 157 employees face layoffs in one northern British Columbia town, but the company says it's too early to estimate job losses in a second community as the forest products firm restructures its B.C. operations. Canfor announced Wednesday that it is permanently closing its sawmill and pellet plant in Chetwynd, west of Dawson Creek, and shuttering its sawmill in the Bulkley Valley town of Houston for an unspecified period while it builds a new facility
(Reuters) -Imperial Oil on Thursday said it will invest C$720 million ($538.64 million) to construct Canada's largest renewable diesel facility at its Strathcona refinery near Edmonton, Alberta. The Calgary-based company said the facility will produce 20,000 barrels per day of renewable diesel and is expected to start production in 2025. Imperial expects regulatory approval for the project, first announced in August 2021, in the near-term.
TOKYO (Reuters) -Toyota Motor Corp chief Akio Toyoda is set to remain a dominant force inside the world's largest automaker for years to come, and will continue to influence the agenda after stepping down in April, experts and people familiar with the firm said. The 66-year-old Toyoda on Thursday announced he would step aside as leader of the company his grandfather founded from April 1 to take the role of chairman. In recent years Toyota has become a target of activists and green investors who had once heralded its hybrid technology, but who now slate its belated embrace of electric vehicles (EVs).
Maple Leaf Foods, Inc. (TSX: MFI) has been named to the Forbes list of Canada's Best Employers 2023. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on January 25, 2023 and can be viewed on the Forbes website.
Eastlink confirmed today that it has begun to connect residents in Mindemoya to its newly upgraded fibre network bringing high speed internet to residents and businesses in the town.
Spurred by a solid rally on Wall Street after upbeat U.S. economic growth data on Thursday, Asian stocks on Friday are set to continue their remarkable run and chalk up a fifth weekly rise in a row. Investors are already feeling positive about China's economic re-emergence from nearly three years of COVID-19 restrictions, pouring record sums into emerging market debt and equity funds, according to Bank of America. There are no major Asian economic indicators or corporate earnings releases on Friday to really drive market direction, and volumes will be relatively light due to China still being closed for Lunar New Year.
TORONTO — Rent prices in Canada grew at a record pace last year as the country saw the lowest vacancy rate since 2001, the Canada Mortgage and Housing Corp. said. In a report released Thursday, the federal housing agency said the average rent for a two-bedroom purpose-built apartment, which it uses as its representative sample, grew 5.6 per cent to $1,258 compared with the previous 12-month period. The CMHC said this increase is a new annual high in data going back to 1990. The report also said
H&M said on Friday soaring costs had slashed its profits, the latest fast-fashion retailer to feel the pinch as consumers cut back, while LVMH and Salvatore Ferragamo revealed the damage to luxury sales caused by China's COVID-19 policies. Shares in H&M, the world's No. 2 fashion retailer, fell as much as 6% in early trade after quarterly operating profit sank to 821 million Swedish crowns ($79.7 million) from 6.26 billion a year earlier. The results highlighted the challenge for fashion retailers facing higher bills for textiles, energy and shipping at the same time as rising costs for food, energy and rents force consumers to be more picky about what they buy.
Dave McKay says 'unprecedented liquidity' will provide powerful stimulus for recovery
North Dakota landowners testified for and against a carbon capture company’s use of eminent domain Friday, as Summit Carbon Solutions moves forward in constructing a massive underground system of carbon dioxide pipelines spanning 2,000 miles across several states and under hundreds of people’s homes and farms in the Midwest. The proposed $4.5 billion carbon pipeline project would capture carbon dioxide emissions across neighboring states and deposit the emissions deep underground in North Dakota
Tiff Macklem's decision to press pause offers rich world a 'glimpse' of where monetary policy is headed
Compound passive income by investing tax-free in your TFSA. Check out this mini-portfolio that could turn $20K into $867/year in income! The post TFSA: Invest $20,000 and Get $867/Year Without Lifting a Finger appeared first on The Motley Fool Canada.
Capital Group, one of the world's largest and most experienced active investment managers, today announced its board of directors has approved the election of leaders to new roles that will assume the management responsibilities of Tim Armour, Chairman and CEO and Rob Lovelace, Vice-Chair and President. Armour and Lovelace will both step down from Capital Group's management committee in October of this year.
(Reuters) -U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations costs could cloud their rosy outlooks. On Thursday, American Airlines, JetBlue Airways Corp and Alaska Air Group forecast better-than-expected full-year earnings. Airlines are cashing in as consumers snap up tickets following a pandemic-induced slump, making the industry a rare bright spot as markets grasp with runaway inflation, rising interest rates and economic uncertainty.
The stellar yields of these Canadian dividend stocks make them an attractive investment amid a high inflationary environment. The post 2 TSX Companies With Dividends That Outpace Inflation appeared first on The Motley Fool Canada.
Morgan Stanley's infrastructure investment arm informed the board of German renewables firm PNE AG that it is no longer pursuing talks with potential buyers of Photon's PNE stake, PNE said in an adhoc statement on Friday. Morgan Stanley Infrastructure Partners (MSIP) which acquired the PNE stake following a failed takeover attempt in 2020, was weighing a sale last October, Reuters reported at the time. Photon, which is controlled by Morgan Stanley, is PNE's largest shareholder.