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Contract worker dies at Suncor Base Plant Mine in Alberta
CALGARY — A worker has died in an incident at Suncor Energy Inc.'s Base Mine in Alberta. The Calgary-based energy company confirmed Thursday that a contractor was killed Thursday morning at the site north of Fort McMurray.
Jul 7, 2022 2:40 PM
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Passengers, advocates cry foul on Air Canada compensation
MONTREAL — Passengers and advocates say Air Canada is giving them the runaround on refunds, compensation and reasons cited for flight delays and cancellations — including a case of harsh weather highlighted nearly two weeks in advance.
Jul 7, 2022 2:30 PM
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Gasoline prices drop as recession fears rise, refiner margins narrow
TORONTO — Gasoline prices dropped about 12 cents a litre overnight in Ontario and are down across much of Canada after a big dip in the price of crude oil this week that analysts say could be linked to recession fears.
Jul 7, 2022 12:35 PM
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IRS asks Treasury watchdog to probe Comey, McCabe audits
WASHINGTON (AP) — The IRS commissioner has asked the Treasury Department’s inspector general to immediately review the circumstances surrounding intensive tax audits that targeted ex-FBI Director James Comey and ex-Deputy Director Andrew McCabe, both
Jul 7, 2022 12:10 PM
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Canada headed towards 'moderate' recession in 2023: RBC economists
TORONTO — Canada is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns, according to a new report from RBC.
Jul 7, 2022 11:44 AM
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Crescent Point Energy raising quarterly dividend again
CALGARY — Crescent Point Energy Corp. is raising its quarterly dividend after announcing it has sold off some of its non-core assets and reached its net debt target ahead of schedule.
Jul 7, 2022 10:50 AM
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Statistics Canada reports $5.3B trade surplus for May, largest since August 2008
OTTAWA — Canada's merchandise trade surplus grew to $5.3 billion in May, the largest trade surplus since August 2008, helped by higher energy prices and a dip in imports.
Jul 7, 2022 10:25 AM
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Dye & Durham revises takeover offer for Link Administration again
TORONTO — Dye & Durham Ltd. has revised its offer for Australian company Link Administration Holdings Ltd. again. The company says it is now offering up to A$4.70 per share including A$4.
Jul 7, 2022 8:49 AM
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How to find cheaper flights this year as airfares soar
For those who remain undeterred by the daunting lines and flight delays at Canadian airports, questions remain about how to save money on air travel amid mounting fuel costs and inflation.
Jul 7, 2022 8:00 AM
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U.S. jobless claims rise to 235k, most in nearly six months
WASHINGTON (AP) — More Americans applied for unemployment benefits last week and while layoffs remain low, it was the fifth consecutive week that claims topped the 230,000 mark and the most in almost six months.
Jul 7, 2022 7:26 AM
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