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S&P/TSX composite ends down more than 250 points, U.S. stock markets also down
TORONTO — Canada's main stock index closed down more than 250 points Tuesday in broad losses led by energy and technology over interest rate concerns and a drop in crude prices, while U.S. stock markets were also in the red.
Dec 6, 2022 3:25 PM
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Court upholds all but one rule on airline compensation for passengers
The rules that bolster compensation for air passengers subjected to delayed flights and damaged luggage have been largely upheld in a Federal Court of Appeal ruling.
Dec 6, 2022 3:04 PM
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A list of some of the air passenger protections upheld by Tuesday's court ruling
A court ruling has largely upheld the validity of Canada's air passenger bill of rights, which was introduced by the Canadian Transportation Agency in 2019.
Dec 6, 2022 2:46 PM
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CannTrust CEO was warned over illicit pot growing: former compliance worker
TORONTO — A former director of quality and compliance at CannTrust Holdings Inc. says he warned the company's chief executive that Health Canada could levy penalties if the firm grew cannabis in unlicensed rooms at its Niagara, Ont. facility.
Dec 6, 2022 2:33 PM
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Stocks fall again on Wall Street, extending recent losses
NEW YORK — Stocks closed broadly lower on Wall Street Tuesday, extending the market's recent string of losses, as traders ponder the Federal Reserve’s next moves in its campaign to cool stubbornly hot inflation. The S&P 500 fell 1.
Dec 6, 2022 2:32 PM
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Book distributor Thomas Allen & Son to close in 2023, pass contracts to Firefly Books
TORONTO — Thomas Allen & Son, one of Canada's oldest book distributors, will close its doors in a matter of months, becoming what the company's CEO describes as another casualty of consolidation in the publishing industry.
Dec 6, 2022 1:14 PM
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Cenovus Energy to boost oil production in 2023
CALGARY — Cenovus Energy Inc. will boost production in 2023 to meet what it believes will be continued strong global demand for oil in the year ahead.
Dec 6, 2022 12:02 PM
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Oil spill smears coast in Venezuelan tourist hotspot
CARACAS, Venezuela (AP) — An oil spill has polluted more than 2.5 miles (4 kilometers) of coastline at the city of Lechería, one of Venezuela's top tourist destinations, the city's mayor said Tuesday.
Dec 6, 2022 11:48 AM
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WSP Global buying Swiss engineering consulting firm BG Bonnard & Gardel Holding SA
MONTREAL — WSP Global Inc. says it has signed a deal to buy BG Bonnard & Gardel Holding SA, a Swiss engineering consulting firm. Financial terms of the agreement were not immediately available.
Dec 6, 2022 11:41 AM
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Housing market decline continues as Toronto home sales drop 49 per cent from year ago
TORONTO — Canada's housing market is continuing to slow as home sales in some of the country's biggest cities retreated in November.
Dec 6, 2022 11:21 AM
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