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Canadian stocks, S&P 500 and Dow bask in Nvidia's 'halo effect' to end the week

Canadian stocks, S&P 500 and Dow bask in Nvidia's 'halo effect' to end the week

TORONTO — Canada's main stock index gained almost 100 points Friday, while U.S. markets mostly held on to their gains after soaring the day before.
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Stock market today: Wall Street clings to modest gains and marks another winning week

Stock market today: Wall Street clings to modest gains and marks another winning week

NEW YORK (AP) — Stocks clung to modest gains on Wall Street, enough to edge the S&P 500 index to another record high and its sixth winning week in the last seven.
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Pembina Pipeline deferring Cedar LNG decision until mid-year

Pembina Pipeline deferring Cedar LNG decision until mid-year

CALGARY — The company behind the proposed Cedar LNG facility said this week itwill defer making a final investment decision on the project until mid-2024. Pembina Pipeline Corp.
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Have a cancelled Lynx Air flight? Here's what to know about getting a refund

Have a cancelled Lynx Air flight? Here's what to know about getting a refund

Many passengers booked to fly on Lynx Air have been left scrambling after the discount air carrier announced it was ceasing operations on Feb. 26.
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Indigenous firms, First Nation to create investment dealer with Scotiabank

Indigenous firms, First Nation to create investment dealer with Scotiabank

TORONTO — Canada's first Indigenous-owned investment dealer could soon be a reality as Scotiabank is partnering with two Indigenous development corporations and a First Nation to launch one. Cedar Leaf Capital Inc.
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Federal government posts $23.6B deficit for April-to-December period

Federal government posts $23.6B deficit for April-to-December period

OTTAWA — The federal government posted a budgetary deficit of $23.6 billion for the first nine months of its 2023-24 fiscal year. The result compared with a deficit of $5.5 billion for the same stretch of its 2022-23 fiscal year.
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Chorus Aviation reports Q4 net income down 20% from year earlier, revenue also lower

Chorus Aviation reports Q4 net income down 20% from year earlier, revenue also lower

HALIFAX — Chorus Aviation Inc. reported its fourth-quarter profit fell 20 per cent compared with a year ago as its revenue also edged lower. The company says it earned net income of $36.6 million for the quarter ended Dec. 31, down from $45.
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Germany's parliament votes to legalize limited marijuana possession and allow 'cannabis clubs'

Germany's parliament votes to legalize limited marijuana possession and allow 'cannabis clubs'

BERLIN (AP) — German lawmakers on Friday approved a government plan to liberalize rules on cannabis, paving the way for the country to decriminalize limited amounts of marijuana and allow members of “cannabis clubs” to buy it for recreational purpose
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TransAlta reports $84M Q4 loss compared with $163M loss a year earlier

TransAlta reports $84M Q4 loss compared with $163M loss a year earlier

CALGARY — TransAlta Corp. reported a loss attributable to common shareholders of $84 million compared with a loss of $163 million a year earlier. The power utility says the loss amounted to 27 cents per diluted share for the quarter ended Dec.
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Onex reports US$373M Q4 profit, down from US$435M a year earlier

Onex reports US$373M Q4 profit, down from US$435M a year earlier

TORONTO — Onex Corp. reported a fourth-quarter profit of US$373 million, down from US$435 million a year earlier. The investment firm and asset manager, which keeps its books in U.S. dollars, says the profit amounted to US$4.
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