Business
Freeland to present federal budget today after teasing much of it in recent weeks
By Nojoud Al Mallees, The Canadian Press on April 16th, 2024
OTTAWA – Finance Minister Chrystia Freeland is finally set to present the federal budget in the House of Commons on Tuesday afternoon, showcasing how the government plans to win back support from disgruntled Canadians worried about the cost of living. The Liberal government has already unveiled significant planks of the budget over the last few ... Read More »
Be the first to comment!Here’s what the Liberals have already promised will be in today’s federal budget
By Nojoud Al Mallees, The Canadian Press on April 16th, 2024
OTTAWA – Finance Minister Chrystia Freeland is set to present the federal budget on Tuesday after a countrywide tour that teased many of the housing and affordability measures to be included in the document. Here’s what the federal Liberals have already promised. Housing plan On Friday, Prime Minister Justin Trudeau announced his government’s plan to ... Read More »
Be the first to comment!Tim Hortons launches pizza nationally to ‘stretch the brand’ to afternoon, night
By The Canadian Press on April 16th, 2024
Tim Hortons is launching flatbread pizzas nationally in a bid to pick up more afternoon and evening customers. The chain says cheese, pepperoni, “bacon everything” and chicken Parmesan flatbread pizzas will appear on its menu Wednesday. The launch follows a two-year flatbread pizza pilot that spanned select Calgary, Greater Toronto and Winnipeg restaurants. Tims executives ... Read More »
Be the first to comment!Statistics Canada to release March inflation report today
By The Canadian Press on April 16th, 2024
OTTAWA – Statistics Canada will release its latest reading on inflation this morning. The agency will publish its consumer price index for March. Statistics Canada reported last month that the annual pace of inflation cooled to 2.8 per cent in February compared with 2.9 per cent in January. The inflation report will be scrutinized by ... Read More »
Be the first to comment!China’s economy grew 5.3% in first quarter, beating expectations
By The Associated Press on April 15th, 2024
HONG KONG (AP) – China’s economy in the first quarter beat expectations while receiving a boost from policies and an increase in demand, the government said Tuesday. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%, official data show. Compared to the previous quarter, growth was ... Read More »
Be the first to comment!WestJet Encore pilots announce tentative deal in labour dispute with regional carrier
By The Canadian Press on April 15th, 2024
CALGARY – The union representing WestJet Encore pilots says a tentative deal has been struck with their employer, days before the pilots had threatened to go on strike. In a statement released Monday afternoon by the Air Line Pilots Association, the head of the union’s WestJet Encore contingent says the tentative agreement brings “wages and ... Read More »
Be the first to comment!B.C. celebrates 10 billion seedlings planted since 1930
By The Canadian Press on April 15th, 2024
SURREY, B.C. – British Columbia officials are celebrating the planting of 10 billion seedlings since reforestation efforts began nearly a century ago. A statement from the Forests Ministry says two billion of those seedlings have been planted in the last seven years. It says the 10-billionth seedling was among 305 million that were planted throughout ... Read More »
Be the first to comment!B.C. port terminal among sites blocked in co-ordinated pro-Palestinian protests
By The Canadian Press on April 15th, 2024
DELTA, B.C. – A blockade by pro-Palestinian protesters at a major port terminal in Metro Vancouver disrupted operations for several hours before dispersing on Monday. Terminal operator GCT Canada said the protesters’ actions were illegal and stopped container trucks from accessing the Deltaport facility by blocking the Roberts Bank causeway for several hours. Photos and ... Read More »
Be the first to comment!New Gildan CEO Vince Tyra updates investors on priorities amid leadership battle
By The Canadian Press on April 15th, 2024
MONTREAL – Gildan Activewear Inc.’s new CEO Vince Tyra gave an update to investors three months into his time leading the company as infighting over his hiring continues. Tyra outlined his strategic priorities for the company, with a focus on driving growth at the Montreal-based clothing manufacturer. Gildan has been embroiled in controversy ever since ... Read More »
Be the first to comment!Pro-Palestinian protest ends at Metro Vancouver container port
By The Canadian Press on April 15th, 2024
DELTA, B.C. – A blockade by pro-Palestinian protesters at a major port terminal in Metro Vancouver has broken up after hours of disruption. Terminal operator GCT Canada says the illegal protesters’ actions today caused an unsafe situation as truckers tried to access the Deltaport facility but were being held on the Roberts Bank causeway. GCT ... Read More »
Be the first to comment!TSX down 160 points as energy stocks move lower, U.S. markets continue to fall
By Rosa Saba, The Canadian Press on April 15th, 2024
TORONTO – Canada’s main stock index lost almost 160 points on Monday, weighed down by weakness in energy stocks, while U.S. markets also fell, led by a 1.8 per cent drop on the Nasdaq. Markets fell in a broad-based selloff led by rate-sensitive sectors as investors continued their recent risk-off trading, said Mike Archibald, vice-president ... Read More »
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