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Ice cream truck operator says inflation is chilling business, despite summer swelter

Ice cream truck operator says inflation is chilling business, despite summer swelter

VANCOUVER — It's been a scorching summer across much of Canada, but that is cold comfort for ice cream truck operators like Meedo Falou, who says inflation and high fuel costs are melting away his profits.
Norman says Tiger Woods turned down $700-800M Saudi offer

Norman says Tiger Woods turned down $700-800M Saudi offer

Tiger Woods turned down an offer that Greg Norman says was "somewhere in that neighborhood” of $700 million to $800 million to take part in the Saudi-funded LIV Golf series.
1st ship carrying Ukrainian grain leaves the port of Odesa

1st ship carrying Ukrainian grain leaves the port of Odesa

KYIV, Ukraine (AP) — The first ship carrying Ukrainian grain set out Monday from the port of Odesa under an internationally brokered deal to unblock the embattled country's agricultural exports and ease the growing global food crisis.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Holiday Monday The Toronto Stock Exchange is closed for trading Monday due to the civic holiday in Ontario. Since it is not a U.S.
Savings are slowly dripping away as deposit interest lags far behind inflation

Savings are slowly dripping away as deposit interest lags far behind inflation

TORONTO — The savings accounts of Canadians have sprung a leak.
Federal tourism aid funds gas stations, trash cans, jazz

Federal tourism aid funds gas stations, trash cans, jazz

Located along a remote stretch of Highway 395, the Fort Independence Travel Plaza touts a dozen gas pumps, clean restrooms and made-to-order meals for travelers visiting California's Eastern Sierra.
Centerra closes global arrangement agreement on Kumtor gold mine

Centerra closes global arrangement agreement on Kumtor gold mine

TORONTO — Centerra Gold Inc. announced Friday the closing of the global arrangement agreementwith Kyrgyzaltyn JSC and the Kyrgyz Republic on the sale of two wholly owned Kyrgyz subsidiaries, Kumtor Gold Co. CJSC and Kumtor Operating Co.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,692.92, up 236.21 points.) UEX Corp. (TSX:UEX). Materials. Up six cents, or 14.46 per cent, to 47.5 cents on 18.1 million shares.
North American markets end July strong after a busy week of earnings, Fed decision

North American markets end July strong after a busy week of earnings, Fed decision

TORONTO — North American markets ended the last trading day of July on a high note, with Canada's main stock index up over 200 points and U.S. markets all in the green. The S&P/TSX composite index closed up 236.21 points at 19,692.
Transat gets $100M bailout as debt load mounts despite travel rebound

Transat gets $100M bailout as debt load mounts despite travel rebound

MONTREAL — Transat AT Inc. has secured another emergency loan from Ottawa as the tour operator struggles to shore up its balance sheet.