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Enbridge joint venture to connect Permian Basin natural gas to U.S. Gulf Coast
March 26, 2024 - 9:51 AM
CALGARY - Pipeline giant Enbridge Inc. has signed a deal to form a joint venture to help connect Permian Basin natural gas to liquefied natural gas export terminals on the U.S. Gulf Coast.
Smith Financial looks to merge portfolio companies Fairstone Bank and Home Trust
March 26, 2024 - 1:49 PM
TORONTO - Smith Financial Corp. is merging a pair of its portfolio companies in a move it says will create the leading alternative lender in Canada.
Black Press closes sale of company; emerges from creditor protection
March 25, 2024 - 2:53 PM
SURREY, B.C. - Black Press Ltd., the owner of dozens of community newspapers across Western Canada, says it has emerged from creditor protection following the restructuring and sale of the company.
Sun Life Financial names Timothy Deacon as new chief financial officer
March 25, 2024 - 8:30 AM
TORONTO - Sun Life Financial Inc. has named Timothy Deacon as its new chief financial officer, effective April 8.
S&P/TSX composite down more than 100 points, one day after breaking record
March 22, 2024 - 2:03 PM
Canada's main stock index took a breather Friday, closing down more than 100 points a day after setting a new all-time closing high.
Stock market today: Wall Street hangs near records as it closes its best week of the year
March 22, 2024 - 1:09 PM
NEW YORK (AP) — Wall Street had a wobbly finish to its best week of the year so far. The S&P 500 ended 0.1% lower Friday after spending the day bouncing between gains and losses. It set all-time high in each of the last three days. The Dow Jones Industrial Average slumped 0.8%, and the Nasdaq composite edged up 0.2%. Nike dragged on the market despite reporting stronger results than expected.
Atlantic Canada's insolvent SaltWire Network granted extension to creditor protection
March 22, 2024 - 12:39 PM
HALIFAX - A Nova Scotia judge approved Friday an extension to a court order protecting Atlantic Canada's largest media company from a long list of creditors owed more than $90 million.
Deadlines, credits and life changes: the biggest tax pitfalls experts say to avoid
March 21, 2024 - 7:00 AM
The deadline to file your taxes may feel like it’s far away, but experts say that not getting started early is one of the biggest mistakes Canadians make at tax season.
Stock market today: Wall Street rallies to records as Federal Reserve still sees rate cuts for 2024
March 20, 2024 - 1:04 PM
NEW YORK (AP) — Stocks rallied to more records after the Federal Reserve indicated it’s still likely to deliver the cuts to interest rates this year that Wall Street craves. The S&P 500 rose 0.9% Wednesday. The Dow Jones Industrial Average gained 1%, and the Nasdaq composite jumped 1.3%. All three indexes hit all-time highs.
Browning West says current Gildan board cannot be trusted to oversee sale process
March 20, 2024 - 7:14 AM
A U.S. investor who is seeking to replace a majority of the directors at Gildan Activewear Inc. says the current board cannot be trusted to oversee a sale process for the company.
More ...
iN RESPONSE: Readers have their say
Following are emailed reader responses to stories for the last week of March 2024. They have been edited slightly for readability. Got something you want to add? Send an email to editor Marshall Jones at mjones@infonews.ca .
Kelowna man takes first place in national young sommelier award
A Kelowna man went head to head in a competition with Canada’s best young sommeliers and came out on top. Maxwell Brayer, 23, won Canada’s Top Young Sommelier at the Chaîne des Rôtisseurs National Competition at the
Youth who had cannabis-induced psychosis support standard dose recommendation
Two young people who were diagnosed with cannabis-induced psychosis are supporting an expert panel's recommendation that Health Canada establish a standard dose for cannabis, saying it would help nudge people toward safer consumption. I
Manhattan Point homeowners vow to fight Kelowna in court over future parks designation
Property owners on what amounts to a private beach on Okanagan Lake say it’s illegal for the city to designate their properties for future parks and they will take all legal steps possible to stop them. The city wants to designate 10
Top News
Cargo ship had engine maintenance in port before it collided with Baltimore bridge, officials say
BALTIMORE (AP) — The cargo ship that lost power and crashed into a bridge in Baltimore underwent “routine engine mainte
March 27, 2024 10:49 PM
Driving along ... and the roadway vanishes beneath you. What's it like to survive a bridge collapse?
You're driving along, and without warning, the roadway drops from beneath you. There are a few seconds of
March 27, 2024 9:00 PM
Osoyoos cuts massive 40% tax and fee hike almost in half
After triggering heated protests from residents, the Town of Osoyoos passed a final tax and service fee hike this we
March 27, 2024 7:00 PM
Kamloops lawyer disbarred after multiple suspensions
A Kamloops lawyer who repeatedly practiced while suspended has been disbarred after years of investigations and cita
March 27, 2024 6:00 PM
Final traffic headaches on Trans-Canada in Kicking Horse Canyon
The final traffic headaches for drivers on the Trans-Canada Highway will be felt this spring as the last stage of th
March 27, 2024 4:38 PM
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