News

EDMONTON — Alberta Premier Danielle Smith, fresh off a weekend visit with U.S. president-elect Donald Trump, cautioned Ottawa against blocking energy exports to the U.S.

Industry insiders warn threat of tariffs on lumber could trigger panic buying

TORONTO — New data says Black Friday was the busiest shopping day of the 2024 holiday season in Canada, regaining the top spot after recent years were dominated by pre-Christmas shopping.

TORONTO — Canada's main stock index fell almost one per cent Monday, weighed down by losses in energy, technology and utilities, while U.S. markets were mixed. The S&P/TSX composite index closed down 231.41 points at 24,536.32.

NEW YORK (AP) — U.S. stock indexes were split on Monday as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies. The S&P 500 rose 0.2% after erasing an earlier fall of 0.9%.

OTTAWA — The federal Liberals are running their first leadership race in more than a decade to replace the departing Justin Trudeau. Candidates must declare by Jan. 23 and pay a $350,000 fee to enter the race. The winner will be named on March 9.

Both Canada's environment minister and Cabinet acted reasonably in approving the expansion of a shipping terminal near Vancouver, B.C., estimated to add $3 billion to the country's GDP.

The U.S. benefits just as much as Canada does from the current bilateral trade relationship, argues a new report by economist Jim Stanford. Among the reasons for the equal benefits include Canada being the largest market for U.S.

TORONTO — A new report says the cost of insured damage caused by severe weather last year hit a record high as it totalled more than $8 billion.