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EU leaders agree to ban 90% of Russian oil by year-end

EU leaders agree to ban 90% of Russian oil by year-end

BRUSSELS (AP) — European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial suppo
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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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,919.40, up 170.82 points.) Enbridge Inc. (TSX:ENB). Energy. Up 57 cents, or one per cent, to $59.35 on 8.8 million shares.
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Manitoba proposes path to increase minimum wage above inflation

Manitoba proposes path to increase minimum wage above inflation

WINNIPEG — The Manitoba government is proposing legislation that would allow for a higher minimum wage to help people cope with inflation, but said it will consult with business and labour groups before deciding on an exact figure.
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Nexus program backlog balloons to nearly 300,000 applications

Nexus program backlog balloons to nearly 300,000 applications

Canada's backlog of Nexus applications has ballooned into the hundreds of thousands, despite a sharp downturn in applicants during the pandemic, prompting blowback from frustrated travellers as clogged airports continue to overflow.
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Bank of Canada expected to jack up interest rates as inflation persists

Bank of Canada expected to jack up interest rates as inflation persists

Experts predict the Bank of Canada will likely announce another major interest rate boost Wednesday as it tries to rein in runaway inflation.
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Energy and tech stocks help lift S&P/TSX composite which is headed to positive month

Energy and tech stocks help lift S&P/TSX composite which is headed to positive month

TORONTO — A broad rally Monday led by the energy and technology sectors lifted Canada's main stock index, which is on track to end the volatile month of May in positive territory. The S&P/TSX composite index increased 170.82 points to 20,919.
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Canadian merchants eligible to claim rebates after settlement with Visa, Mastercard

Canadian merchants eligible to claim rebates after settlement with Visa, Mastercard

Businesses in Canada may be eligible to claim hundreds of dollars in credit card processing fees following a multimillion-dollar class action settlement with Visa and Mastercard.
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Brookfield Asset Management selling U.K. student housing portfolio

Brookfield Asset Management selling U.K. student housing portfolio

Brookfield Asset Management Inc. is selling its U.K.-based student housing business to Singapore sovereign wealth fund GIC Private Ltd. and U.S. property manager Greystar Real Estate Partners LLC. Brookfield got into the U.K.
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China falls short on big Pacific deal but finds smaller wins

China falls short on big Pacific deal but finds smaller wins

SUVA, Fiji (AP) — China fell short Monday on a bold plan to have 10 Pacific nations endorse a sweeping new agreement covering everything from security to fisheries as some in the region expressed deep concerns.
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'Top Gun: Maverick' wins Tom Cruise 1st $100 million opening

'Top Gun: Maverick' wins Tom Cruise 1st $100 million opening

Forget breaking the sound barrier: Tom Cruise just flew past a major career milestone. The 59-year-old superstar just got his first $100 million opening weekend with “Top Gun: Maverick.
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