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Vehicle sales rise in May, showing hope for strong summer: DesRosiers

Vehicle sales rise in May, showing hope for strong summer: DesRosiers

RICHMOND HILL, Ont. — DesRosiers Automotive Consultants Inc. says May brought hope after several years of disrupted sales patterns, as vehicle sales rose. The consultancy firm says total light vehicle sales in May were up 13.
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Wildfires, other extreme weather driving insurance costs up over time: experts

Wildfires, other extreme weather driving insurance costs up over time: experts

The wildfires plaguing residents in Alberta and Nova Scotia are part of a larger trend that’s driving up the cost of home insurance as extreme weather becomes more common, insurance experts say.
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Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.

Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.

WASHINGTON (AP) — Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their debt ceiling deal , instead
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Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden

Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden

WASHINGTON (AP) — Fending off a U.S.
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Suncor to cut 1,500 jobs by end of year, employees informed Thursday

Suncor to cut 1,500 jobs by end of year, employees informed Thursday

CALGARY — Suncor Energy Inc. will cut 1,500 jobs by the end of the year, as new CEO Rich Kruger forges ahead with his mandate to reduce costs and improve the company's lagging financial performance.
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Air Canada technical issue stabilizing, but airline says to expect more flight delays

Air Canada technical issue stabilizing, but airline says to expect more flight delays

Air Canada says its communicator system has begun to stabilize after experiencing technical problems on Thursday morning, but travellers are still expected to face delays and cancellations before it is back fully up and running.
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Lululemon sees revenue, income rise in first quarter with strong international growth

Lululemon sees revenue, income rise in first quarter with strong international growth

VANCOUVER — Lululemon Athletica Inc. reported net income of US$290.4 million for the first quarter of 2023, up almost 53 per centfrom US$190.0 million a year earlier. The Vancouver-based company, which reports in U.S.
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Globe and Mail CEO Phillip Crawley to retire, Andrew Saunders named as successor

Globe and Mail CEO Phillip Crawley to retire, Andrew Saunders named as successor

TORONTO — The Globe and Mail announced Thursday that longtime CEO Phillip Crawley is retiring later this year after 25 years at the helm of the newspaper.
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Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,672.25, up 100.01): Suncor Energy Inc. (TSX:SU). Energy. Up 51 cents, or 1.34 per cent, to $38.54 on 11.7 million shares.
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S&P/TSX composite gains 100 points on energy and base metals; U.S. markets also rise

S&P/TSX composite gains 100 points on energy and base metals; U.S. markets also rise

TORONTO — Canada's main stock index gained a hundred points Thursday led by strength in the energy and base metals sectors, while U.S. stock markets also climbed higher. The S&P/TSX composite index closed up 100.01 points at 19,672.
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