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Ontario expects $1.3B deficit, to post surplus in a year

Ontario expects $1.3B deficit, to post surplus in a year

TORONTO — Ontario plans to start posting budget surpluses in a year, leaning heavily on booming revenues to outweigh increased spending on health care – which includes boosts to hospitals, home care and the medical workforce.
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Squamish, B.C., LNG facility plans to achieve net-zero emissions at operation's start

Squamish, B.C., LNG facility plans to achieve net-zero emissions at operation's start

SQUAMISH, B.C. — Proponents of a British Columbia liquefied natural gas export facility have unveiled plans to achieve net-zero emissions commitments in the construction phase and for its future operations.
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TikTok CEO grilled by skeptical lawmakers on safety, content

TikTok CEO grilled by skeptical lawmakers on safety, content

WASHINGTON (AP) — A nearly six-hour grilling of TikTok’s CEO by lawmakers brought the platform’s 150 million U.S. users no closer to an answer as to whether the app will be wiped from their devices. U.S.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,459.92, down 72.86): Suncor Energy Inc. (TSX:SU). Energy. Down 65 cents, or 1.58 per cent, to $40.53 on 12.2 million shares.
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CRTC looking into wireless roaming fee hikes as industry minister signals concern

CRTC looking into wireless roaming fee hikes as industry minister signals concern

The CRTC said it is already reviewing wireless roaming fees as Industry Minister François-Philippe Champagne signalled concerns about companies hiking rates even as phone bills in other jurisdictions are on the decline.
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Bombardier bumps up financial goals for 2025 as business jet market takes off

Bombardier bumps up financial goals for 2025 as business jet market takes off

MONTREAL — Bombardier Inc. has upped its financial targets for 2025, as the plane maker looks to boost production of business jets amid a growing market. Bombardier, which keeps its books in U.S.
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S&P/TSX composite down Thursday, U.S. markets post small gain despite morning rally

S&P/TSX composite down Thursday, U.S. markets post small gain despite morning rally

TORONTO — The S&P/TSX composite index was down about 70 points Thursday, while U.S. markets posted small gains, with markets rallying for most of the day before sputtering in the last trading hour.
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Enbridge 'disappointed' as environmental review for Line 5 tunnel extended

Enbridge 'disappointed' as environmental review for Line 5 tunnel extended

CALGARY — Canadian pipeline giant Enbridge Inc. has been dealt another setback on its Line 5 replacement project in Michigan. The company said Thursday it was "disappointed" by news that the timeline of a U.S.
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Wall Street swings as questions about banks, rates linger

Wall Street swings as questions about banks, rates linger

NEW YORK (AP) — Stocks closed mostly higher after a wobbly day of trading as worries continued to rise about the banking industry. The S&P 500 rose 0.3% Thursday after veering all the way from a 1.8% gain earlier in the day to a 0.4% loss.
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Private markets getting more accessible to public as funds roll out credit options

Private markets getting more accessible to public as funds roll out credit options

TORONTO — Investing in private markets, once the exclusive domain of institutions and the ultra-rich, is getting increasingly accessible to the public.
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