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S&P/TSX composite jumps on Carney's tariff move and U.S. rate expectations

S&P/TSX composite jumps on Carney's tariff move and U.S. rate expectations

TORONTO — Canada's main stock index gained more than 270 points on Friday as the federal government announced it would remove some of its retaliatory tariffs on U.S. goods, lifting hopes for a trade deal, while U.S.
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Strathcona blasts MEG Energy's 'weak board' as company chooses $7.9B Cenovus deal

Strathcona blasts MEG Energy's 'weak board' as company chooses $7.9B Cenovus deal

CALGARY — MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.
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A court says cull of 400 ostriches in B.C. can proceed. Here are five things to know

A court says cull of 400 ostriches in B.C. can proceed. Here are five things to know

The Federal Court of Appeal ruled on Thursday that a cull of about 400 ostriches can proceed at a British Columbia ostrich farm that suffered an avian flu outbreak.
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Powell signals Fed may cut rates soon even as inflation risks remain

Powell signals Fed may cut rates soon even as inflation risks remain

JACKSON HOLE, Wyo.
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Trump says he’ll keep extending TikTok shutdown deadline

Trump says he’ll keep extending TikTok shutdown deadline

WASHINGTON (AP) — President Donald Trump is calling national security and privacy concerns related to TikTok and its Chinese parent company “highly overrated” and said Friday he'll keep extending the deadline for the popular video-sharing platform un
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Powell signals Fed may cut rates soon even as inflation risks remain

Powell signals Fed may cut rates soon even as inflation risks remain

JACKSON HOLE, Wyo.
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Air Canada ramping up operations to near full schedule

Air Canada ramping up operations to near full schedule

MONTREAL — Air Canada says operations are almost back to full capacity as it continues to ramp up flights following a flight attendants strike.
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Banks head into Q3 results with high valuations, overhang of economic uncertainty

Banks head into Q3 results with high valuations, overhang of economic uncertainty

TORONTO — Canadian bank stocks are riding high after largely shrugging off economic concerns, but analysts are starting to wonder if their third-quarter results coming next week will test optimism around the sector.
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Hudson's Bay, lender say landlords fighting Ruby Liu because of 'ulterior motives'

Hudson's Bay, lender say landlords fighting Ruby Liu because of 'ulterior motives'

TORONTO — Hudson’s Bay and one of its top lenders are accusing landlords of having "ulterior motives" for opposing a push to sell 25 leases to a B.C. billionaire.
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Statistics Canada reports retail sales up 1.5 per cent in June at $70.2 billion

Statistics Canada reports retail sales up 1.5 per cent in June at $70.2 billion

OTTAWA — Statistics Canada says retail sales rose 1.5 per cent to $70.2 billion in June, helped by increased spending at food and beverage retailers. However, the agency says its preliminary estimate for July pointed to a 0.
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