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Shopify shares plunge after lowering 2022 revenue growth guidance on Q4 loss
Shopify Inc.'s stock plummeted to the lowest level in nearly two years Wednesday after the e-commerce giant warned that its revenue growth will slow this year as the globe eases up on restrictions meant to quell the COVID-19 pandemic.
Feb 16, 2022 2:18 PM
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Banking industry says it will need to diligently implement emergency orders
TORONTO — Canada's banking industry says it will follow through with the federal government's emergency orders targeting the trucker protesters as discussions on how best to implement them continue.
Feb 16, 2022 1:57 PM
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Ex-Goldman banker testifies 1MDB scheme a 'house of cards'
NEW YORK (AP) — A former top banker at Goldman Sachs testified Wednesday that he and other corrupt executives at the firm built a “house of cards” that was doomed to fall to try to conceal an audacious scheme to ransack a Malaysian state investment f
Feb 16, 2022 1:40 PM
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Inflation continues to outstrip wage growth as annual rate surpasses 5 per cent
OTTAWA — The purchasing power of Canadians waned further last month as wages were outpaced by an annual inflation rate that topped five per cent for the first time in more than 30 years. The annual inflation rate rose to 5.
Feb 16, 2022 1:03 PM
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'Layer upon layer of issues': Grocery bills climb as food inflation rate hits 6.5%
Food prices in Canada are soaring as higher input costs, shipping fees and wages push the food inflation rate to 6.5 per cent — the biggest year-over-year jump in grocery bills in more than a decade.
Feb 16, 2022 12:53 PM
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Kevin Costner lobbies Utah for more tax rebates for films
SALT LAKE CITY (AP) — Kevin Costner, the Academy Award-winning actor-director known for films such as “Dances With Wolves" and the current TV hit “Yellowstone,” is lobbying Utah lawmakers to offer more tax rebates to films that choose to shoot in rur
Feb 16, 2022 12:30 PM
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Investigation: Zinke misused position as Interior secretary
BILLINGS, Mont. (AP) — Former U.S.
Feb 16, 2022 11:07 AM
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Barrick Gold raises dividend, reports US$2.02-billion profit for 2021
Barrick Gold Corp. is scouting for new exploration opportunities in Asia as part of an ongoing push into prospective territories, the Toronto-based mining company said Wednesday.
Feb 16, 2022 10:41 AM
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Statistics Canada says manufacturing sales up 0.7 per cent in December
OTTAWA — Statistics Canada says manufacturing sales rose 0.7 per cent in December to $64.0 billion, led by a gain in sales of plastic and rubber, motor vehicles and fabricated metal, as well as wood product industries.
Feb 16, 2022 9:17 AM
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Statistics Canada says wholesale sales up 0.6 per cent in December
OTTAWA — Statistics Canada says wholesale sales rose for a fifth consecutive month in December, helped by gains in the auto sector. The agency says wholesale sales rose 0.6 per cent in December to $76.2 billion.
Feb 16, 2022 9:16 AM
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