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Macklem says low productivity growth is Canada’s ‘Achilles heel,’ calls for action
OTTAWA — Bank of Canada governor Tiff Macklem is sounding the alarm on Canada’s productivity problem and urging policymakers to dig into why the country struggles with low business investment.
Jun 24, 2024 2:02 PM
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Apple becomes first target of EU's new digital competition rules aimed at big tech
LONDON (AP) — European Union regulators on Monday leveled their first charges under the bloc’s new digital competition rulebook , accusing Apple of preventing app makers from pointing users to cheaper options outside its App Store.
Jun 24, 2024 1:42 PM
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Canada to start 30-day consultation to impose surtax on Chinese EVs
OTTAWA — Canada accused China of undermining global trade rules and flooding the market with electric vehicles Monday as Finance Minister Chrystia Freeland kick-started the process required to impose new import taxes on Chinese-made EVs.
Jun 24, 2024 1:38 PM
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B.C. Ombudsperson finds 'systemic mismanagement' in hiring at public service agency
VICTORIA — B.C. Ombudsperson Jay Chalke says dozens of public service jobs meant to help develop the careers of public servants wrongfully went to government appointees over a 10-year period.
Jun 24, 2024 1:09 PM
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Alberta regulator projects 17 per cent growth in oilsands production by 2033
CALGARY — The regulator responsible for overseeing Alberta's oil and gas sector has released a new report projecting the province's oilsands production will grow by more than 17 per cent by 2033.
Jun 24, 2024 12:03 PM
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Paladin Energy buying Fission Uranium in stock deal valued at $1.1 billion
KELOWNA, B.C. — Fission Uranium Corp. has signed a deal to be acquired by Australian company Paladin Energy Ltd. in an all-stock agreement valued at about $1.1 billion. Under the proposal, Fission shareholders will receive 0.
Jun 24, 2024 7:49 AM
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Stock market today: Wall Street drifts in early trading as Nvidia slips more more
NEW YORK (AP) — U.S. stock indexes are drifting in mixed trading as Nvidia regresses a bit more. The S&P 500 was flat in the early going Monday, still near its record set last week.
Jun 24, 2024 7:38 AM
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Shopify beefs up AI offerings with new products meant to boost merchants' sales
Shopify Inc. is boosting the amount of artificial intelligence embedded in its platforms.
Jun 24, 2024 7:25 AM
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At least 16 dead in a fire at a lithium battery factory in South Korea
SEOUL, South Korea (AP) — A fire at a lithium battery manufacturing factory near South Korea’s capital on Monday left at least 16 people dead, seven injured and six missing, officials said.
Jun 24, 2024 2:48 AM
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Alberta oil and gas sector exceeded flaring limit in 2023, data shows
CALGARY — For the first time, Alberta's oil and gas industry has exceeded the province's own regulatory limit for natural gas flaring.
Jun 24, 2024 2:00 AM
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