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Corus Entertainment signs amended debt deal with banks, reports $26M loss in Q4
TORONTO — Corus Entertainment Inc. has gained some breathing room. The company says it has agreed to a deal with its lenders that will buy it some time as it works to slash costs and reduce its debt.
Oct 25, 2024 8:20 AM
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Federal government posts $9.8-billion deficit for April-to-August period
OTTAWA — The federal government's deficit was $9.8 billion for the April-to-August period. The Finance Department's latest fiscal monitor says the result compared with a deficit of $4.3 billion during the same period a year earlier.
Oct 25, 2024 8:10 AM
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Retail sales up slightly in August as consumer spending remains muted
OTTAWA — Canadian retail sales rose 0.4 per cent to $66.6 billion in August, helped by higher new car sales, Statistics Canada said Friday.
Oct 25, 2024 7:57 AM
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Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
MOSCOW (AP) — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains the economy’s capacity to produce goods a
Oct 25, 2024 4:09 AM
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Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
MOSCOW (AP) — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains the economy’s capacity to produce goods a
Oct 25, 2024 3:57 AM
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Majority of Canadians would vote for Kamala Harris in U.S. election: poll
WASHINGTON — If Canadians could vote in the U.S. election, a majority would choose to send Kamala Harris to the White House.
Oct 25, 2024 1:00 AM
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Natural gas producers await LNG Canada's start, but will it be the fix for prices?
CALGARY — Natural gas producers in Western Canada have white-knuckled it through months of depressed prices, with the expectation that their fortunes will improve when LNG Canada comes online in the middle of next year.
Oct 25, 2024 1:00 AM
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Yukon's 2023-2024 finances swing into deficit from original surplus forecast
Yukon's government says the territory recorded a non-consolidated deficit of more than $42 million, an almost $91-million swing from the original forecast of a surplus of $48-million.
Oct 24, 2024 4:13 PM
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Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US
WASHINGTON (AP) — The owner and manager of the cargo ship that caused the Baltimore bridge collapse have agreed to pay more than $100 million to settle a lawsuit brought by the Justice Department, officials said Thursday.
Oct 24, 2024 3:28 PM
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McDonald's says onions from California-based produce company linked to deadly E. coli outbreak
A California-based produce company was the source of fresh onions linked to a deadly E. coli food poisoning outbreak at McDonald’s, officials with the restaurant chain said Thursday.
Oct 24, 2024 3:19 PM
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