St. Albert - National Business News

Statistics Canada says annual pace of inflation slowed in December to 0.7 per cent

OTTAWA — The annual rate of inflation slowed in December as the pace of rising food prices decreased and the cost of air travel compared with a year earlier fell, Statistics Canada said. The agency said Wednesday the consumer price index was up 0.

Jan 20, 2021 7:29 AM Read more >

Here's a list of December inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in December, Statistics Canada says.

Jan 20, 2021 7:10 AM Read more >

Here's a list December inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.6 per cent (0.8) — Prince Edward Island: -0.

Jan 20, 2021 7:10 AM Read more >

EU sighs with relief as Biden readies to enter White House

BRUSSELS — The European Union’s top officials breathed a sigh of relief on Wednesday that Joe Biden will be taking over as president of the United States, but they warned that the world has changed after four years of Donald Trump and that trans-Atla

Jan 20, 2021 6:59 AM Read more >

Shareholders give OK to West Fraser deal to buy Norbord, consolidating wood sector

TORONTO — Shareholders of West Fraser Timber Co. Ltd. and Norbord Inc. have approved a $4-billion all-stock deal that will marry two of Canada's big wood product producers.

Jan 20, 2021 6:28 AM Read more >

Asia Today: China records new cases, defends response

BEIJING — China’s capital, Beijing, recorded seven more coronavirus cases on Wednesday amid a lingering outbreak in the country’s north.

Jan 20, 2021 5:39 AM Read more >

Jack's back: Chinese e-tycoon ends silence with online video

BEIJING — China’s highest-profile entrepreneur, Jack Ma, appeared Wednesday in an online video, ending a 2 1/2-month absence from public view that prompted speculation about the future of the e-commerce billionaire and his Alibaba Group.

Jan 20, 2021 2:52 AM Read more >

Buy America: How Biden's Made-in-America plan could impact Canadian companies

Canadian companies that bid on American government contracts could be cut out of the procurement process if Joe Biden follows through on his Buy American plan after he becomes U.S. president today, according to business and trade experts.

Jan 20, 2021 2:00 AM Read more >

Fierce California winds fan fires, topple trees and trucks

SANTA CRUZ, Calif. — Months-old embers from a deadly California fire were blown back to life Tuesday by powerful winds that raked the state and prompted safety blackouts to tens of thousands of people.

Jan 19, 2021 9:57 PM Read more >

Wattpad to be sold to South Korean internet giant Naver for US$600 million

TORONTO — One of Canada's most prominent technology darlings is being sold to a South Korean internet conglomerate in a US$600-million deal. Toronto-based online storytelling company Wattpad Corp.

Jan 19, 2021 5:23 PM Read more >