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Rio Tinto says Diavik diamond mine employees were on crashed NWT plane
January 24, 2024 - 9:32 AM

The plane that crashed Tuesday near Fort Smith, N.W.T. was on its way to Rio Tinto's Diavik Diamond Mine. The mine is one of four operating diamond mines in Canada.
Statistics Canada says manufacturing sales up 1.2% at $72.9 billion in May
July 14, 2023 - 8:13 AM

OTTAWA - Statistics Canada says manufacturing sales rose 1.2 per cent to $72.9 billion in May after declining 0.1 per cent in April.
Stock market today: Wall Street falls and takes a step back after its big rally
June 20, 2023 - 1:06 PM

NEW YORK (AP) — Stocks closed lower in Wall Street’s first trading after a five-week rally carried it to its highest level since the spring of last year. The S&P 500 fell 0.5% Tuesday. The Dow lost 245 points, or 0.7%, and the Nasdaq composite gave back 0.2%. The U.S. stock market took a step back after rising on hopes the economy can avoid a recession and inflation is easing enough for the Federal Reserve to stop raising interest rates soon.
Rio Tinto to expand aluminum smelter with $1.4B investment using greener technology
June 12, 2023 - 11:14 AM

SAGUENAY, Que. - Rio Tinto said Monday it will make a $1.4-billion investment to expand an aluminum smelter equipped with low-carbon technology in Saguenay, Que.
'We don't see it': BRP CEO says sluggish economy no barrier, as Sea-Doos buoy profits
June 01, 2023 - 11:26 AM

MONTREAL - BRP Inc. chief executive José Boisjoli says a sputtering economy has failed to put the brakes on the powersport company, with enough wealthy North Americans to buoy sales through the rest of the year.
Stock market today: Wall Street sinks as bank fears flare
May 04, 2023 - 1:10 PM

NEW YORK (AP) — Stocks closed lower as Wall Street’s worries about the U.S. banking system cranked even higher. The S&P 500 lost 0.7% Thursday. The Dow Jones Industrial Average fell 286 points and is now down for the year. The Nasdaq composite also closed lower. PacWest Bancorp fell by half as investors looked for the next weak link following several big U.S. bank failures since March. Other smaller and mid-sized banks also fell sharply.
The sale of Teck to a foreign buyer would be a loss for Canada, critics say
April 17, 2023 - 1:58 PM

CALGARY - The hostile takeover of Canada's largest diversified mining company by a foreign entity would weaken this country's chances of becoming a leader in critical minerals, according to industry watchers.
Canada strikes sanguine, wait-and-see approach on Biden's latest Buy American gambit
February 09, 2023 - 1:08 PM

WASHINGTON - Construction industry advocates, business leaders and suppliers in Canada are taking a cautious, almost sanguine approach to U.S. President Joe Biden's latest state-of-the-union salvo against the use of foreign building materials in federally funded infrastructure projects.
Defence, innovation ministers team up to sell D.C. on merits of working with Canada
February 08, 2023 - 11:01 AM

WASHINGTON - Canada is fortifying a long-standing front in its ongoing battle with protectionist impulses in the United States: resurrecting the Second World War-era notion of the two continental allies working together to stockpile the arsenal of democracy.
The state of the union? Unapologetically pro-American, to hear Joe Biden tell it
February 07, 2023 - 8:19 PM

WASHINGTON - U.S. President Joe Biden offered no apologies for his spendthrift, pro-American economic strategy Tuesday, making clear in his second state of the union speech that he intends to persist with a protectionist approach that's making for anxious allies, including Canada.
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iN DISCUSSION: Hot takes on cold facts
This is where cold facts yield to the hottest of takes. Here you'll find reader responses to stories and newsletter editorials, or letters to the editor for the week of May 12. They may have been edited slightly for readability. Th

Iconic Penticton Peach concession stand back in local hands
After a few years with an out-of-town operator, The Peach concession stand in Penticton has a local one. Ice cream and sweets shop Tickleberry’s is going to be operating the stand this summer as well as the Skaha Main concession stand

Pennsylvania House advances bill legalizing recreational marijuana
HARRISBURG, Pa. (AP) — Pennsylvanians 21 or older would be allowed to legally purchase and use marijuana under a bill that passed the state House on Wednesday, the first time a recreational cannabis proposal has been approved by either legi

Property management company fined twice for ignoring asbestos issue at same Vernon building
A BC property management company, fined $9,000 for failing to deal with asbestos dust when it ripped up vinyl flooring at a Vernon property, has been stung with a further $18,000 fine when inspectors following up found it still flouting the rules

Business News

Rio Tinto says Diavik diamond mine employees were on crashed NWT plane

Statistics Canada says manufacturing sales up 1.2% at $72.9 billion in May

Stock market today: Wall Street falls and takes a step back after its big rally

Rio Tinto to expand aluminum smelter with $1.4B investment using greener technology

'We don't see it': BRP CEO says sluggish economy no barrier, as Sea-Doos buoy profits

Stock market today: Wall Street sinks as bank fears flare

The sale of Teck to a foreign buyer would be a loss for Canada, critics say

Canada strikes sanguine, wait-and-see approach on Biden's latest Buy American gambit

Defence, innovation ministers team up to sell D.C. on merits of working with Canada

The state of the union? Unapologetically pro-American, to hear Joe Biden tell it

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