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Nova Scotia orders economic impact study of subsidized ferry to Maine
HALIFAX — Nova Scotia’s heavily subsidized ferry that operates between Yarmouth, N.S., and Bar Harbor, Maine, will be the subject of an economic impact study, the premier said Tuesday.
Oct 18, 2022 3:09 PM
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Some risks too big: Insurers withdraw from fossil projects
BERLIN (AP) — Insurance companies that have long said they'll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners.
Oct 18, 2022 3:02 PM
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Netflix rebounds from recent subscriber losses with 3Q gain
SAN FRANCISCO (AP) — Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time.
Oct 18, 2022 3:01 PM
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S&P/TSX composite up more than 175 points, U.S. markets also gain on Tuesday
TORONTO — Canada's main stock index closed up more than 175 points, alongside gains in the U.S. markets, ahead of Canadian inflation data due out on Wednesday. The S&P/TSX composite index was up 177.16 points at 18,798.18.
Oct 18, 2022 2:52 PM
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Criminal Lawyers' Association calling on Ontario for more funding for legal aid
TORONTO — The Criminal Lawyers' Association is calling on the Ontario government to boost the province's legal aid program, saying insufficient funding is leading to more accused being unrepresented and discouraging young lawyers from staying in defe
Oct 18, 2022 2:14 PM
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Metro says its holding prices steady as usual this winter in wake of Loblaw campaign
Grocery chain Metro Inc. said Tuesday it is holding food prices steady as usual this holiday season, a day after one of its biggest rivals rolled out a price-freeze campaign to fight inflation.
Oct 18, 2022 2:11 PM
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Stocks climb on Wall Street as investors focus on earnings
NEW YORK — Stocks rose on Wall Street, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns. The S&P 500 rose 1.1% Tuesday. The Dow Jones Industrial Average and the Nasdaq also rose.
Oct 18, 2022 2:07 PM
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Wealthsimple secures access for upcoming real-time-rail payment system
TORONTO — Wealthsimple says a key approval from the Bank of Canada gives it direct access to a much faster national payments system that's in the works.
Oct 18, 2022 12:40 PM
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18 per cent of businesses affected by cybersecurity incidents last year: StatCan
OTTAWA — A new Statistics Canada report says 18 per cent of Canadian businesses were impacted by cybersecurity incidents last year, down from 21 per cent in 2019, as they spent more money to prevent attacks.
Oct 18, 2022 11:50 AM
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Oxfam pegs Canadian bank-financed emissions at 1.9 billion tonnes in 2020
TORONTO — Canada's eight biggest banks financed about 1.9 billion tonnes of emissions in 2020, estimates a report out Tuesday by Oxfam groups in Canada that calls on the industry to increase its own emissions disclosure.
Oct 18, 2022 11:14 AM
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