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Gloomy Americans cut back on spending as inflation ticks higher

Gloomy Americans cut back on spending as inflation ticks higher

WASHINGTON (AP) — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month. Prices rose 2.3% in May compared with a year ago, up from just 2.
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Supreme Court OKs fee that subsidizes phone, internet services in schools, libraries and rural areas

Supreme Court OKs fee that subsidizes phone, internet services in schools, libraries and rural areas

WASHINGTON (AP) — The Supreme Court on Friday upheld the fee that is added to phone bills to provide billions of dollars a year in subsidized phone and internet services in schools, libraries and rural areas.
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Ready to drink: Why Molson Coors hopes growth is brewing in its flavour kitchen

Ready to drink: Why Molson Coors hopes growth is brewing in its flavour kitchen

TORONTO — A waft of fruity scents surround you as you enter what's known as the flavour kitchen at the Molson Coors brewery in west Toronto.
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Toronto casino facing $350k fine after impromptu after-hours party on gaming floor

Toronto casino facing $350k fine after impromptu after-hours party on gaming floor

Ontario's alcohol and gaming regulator says a Toronto casino is facing a $350,000 fine after a performer hosted an impromptu party on the gaming floor following a concert marked by "widespread intoxication, disorderly behaviour" and numerous incident
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Federal bank loaning $1B for BC Ferries to buy Chinese-made ships

Federal bank loaning $1B for BC Ferries to buy Chinese-made ships

VICTORIA — A federal Crown corporation is loaning BC Ferries $1 billion to help buy four Chinese-made ships, a purchase that federal Transport Minister Chrystia Freeland recently said was dismaying and should involve no federal funds.
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B.C. billionaire Ruby Liu gets keys to first retail store once owned by The Bay

B.C. billionaire Ruby Liu gets keys to first retail store once owned by The Bay

DELTA — British Columbia billionaire Ruby Liu has received the keys to a store taken over from Hudson's Bay, the first of more than two dozen that she has her eyes on.
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BMO employees to start working four days in office similar to Scotiabank and RBC

BMO employees to start working four days in office similar to Scotiabank and RBC

TORONTO — BMO says it is moving towards four days in the office starting in the fall, joining some of its Bay Street peers.
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S&P/TSX composite gains over 180 points, U.S. stocks also rise

S&P/TSX composite gains over 180 points, U.S. stocks also rise

TORONTO — Canada's main stock index saw gains Thursday, helped by strength in base metals stocks, while U.S. markets also climbed. The S&P/TSX composite index finished 185.63 points higher at 26,751.95. "The TSX has been a bit up and down lately.
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Ottawa eyeing Ukrainian partnership, EU loans for defence equipment, minister says

Ottawa eyeing Ukrainian partnership, EU loans for defence equipment, minister says

OTTAWA — Ottawa is considering whether to follow in the footsteps of several European nations by forging a new defence co-production deal with Ukraine for military equipment, Defence Minister David McGuinty said Thursday.
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Major projects: How Bill C-5 works and why it alarms its critics

Major projects: How Bill C-5 works and why it alarms its critics

OTTAWA — Parliament has passed controversial major projects legislation that Prime Minister Mark Carney says Canada needs to shore up its economy in the face of a trade war with the United States.
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