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US Treasury Department issues guidelines around a new tax credit for sustainable aviation fuel
The Biden administration released long-awaited guidance on Friday around tax credits for aviation fuel that reduces emissions of greenhouse gases compared with fuel made from crude oil.
Dec 15, 2023 1:41 PM
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Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls
OTTAWA — Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.
Dec 15, 2023 1:04 PM
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Prince Harry claims vindication in court victory as judge finds British tabloid hacked his phone
LONDON (AP) — Prince Harry's phone was hacked by journalists and private investigators working for the Daily Mirror who invaded his privacy by snooping on him unlawfully, a judge ruled Friday, delivering an historic victory for the estranged royal wh
Dec 15, 2023 11:58 AM
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CPPIB part of joint venture to buy stake in Signature Bank loan portfolio
TORONTO — The Canada Pension Plan Investment Board is part of a group that has signed a deal to buy a 20 per cent stake in a joint venture that will hold a US$16.
Dec 15, 2023 11:21 AM
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Trans Mountain warns regulator of potential 'catastrophic' two-year pipeline delay
CALGARY — The company building the Trans Mountain pipeline expansion is warning the project's completion could be delayed by two years if the Canada Energy Regulator does not allow a previously rejected request for a pipeline variance.
Dec 15, 2023 11:12 AM
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Auto dealers association demands more EV charging stations, improved affordability
OTTAWA — The Canadian Automobile Dealers Association is raising concerns about electric vehicle affordability and charging infrastructure.
Dec 15, 2023 10:32 AM
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CMHC says annual pace of housing starts in Canada down 22% in November
OTTAWA — The annual pace of housing starts in Canada fell 22 per cent in November as work began on fewer multi-unit projects, Canada Mortgage and Housing Corp. said Friday.
Dec 15, 2023 10:24 AM
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Rogers Sugar strike at impasse, company says as it pauses talks with union
VANCOUVER — Rogers Sugar Inc. says it is pausing negotiations after the union representing striking workers at its Vancouver refinery rejected the company's latest offer. Workers at the refinery have been on strike since Sept.
Dec 15, 2023 8:50 AM
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Wholesale sales, excluding petroleum products and oilseeds and grains, down
OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseeds and grain, fell 0.5 per cent to $81.7 billion in October.
Dec 15, 2023 8:24 AM
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2 attacks launched from rebel-held Yemen strike container ships in vital Red Sea corridor
DUBAI, United Arab Emirates (AP) — A ballistic missile fired from rebel-held territory in Yemen slammed into a cargo ship Friday in the Red Sea near the strategic Bab el-Mandeb Strait, following another attack only hours earlier that struck a separat
Dec 15, 2023 5:35 AM
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