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National Business
Cenovus Energy to restart work on stalled offshore oil project in Newfoundland
ST. JOHN'S, N.L. — Cenovus Energy will restart work on the West White Rose offshore oil project in Newfoundland, ending nearly two years of uncertainty in the local energy sector, the company announced Tuesday.
May 31, 2022 12:13 PM
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US consumer confidence slips in May
SILVER SPRING, Md. (AP) — U.S. consumer confidence edged lower for the second consecutive month as Americans' view of their present and future prospects dimmed in the midst of persistent inflation.
May 31, 2022 10:16 AM
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Alberta pot regulator sees complaints about sales data in exchange for product deals
Alberta’s cannabis regulator sent a warning to pot retailers and suppliers after receiving complaints about agreements requiring marijuana producers to purchase sales data in exchange for shops carrying their products.
May 31, 2022 9:46 AM
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Eurozone inflation hits record 8.1% amid rising energy costs
LONDON (AP) — Eurozone inflation hit a record 8.1% in May amid surging energy and food costs fueled in part by Russia's war in Ukraine . Annual inflation in the 19 countries that use the euro currency soared past the previous record of 7.
May 31, 2022 9:14 AM
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Rogers and Shaw sign consent agreement
GATINEAU, Que. — Rogers Communications Inc. and Shaw Communications Inc. say they will oppose a hearing by the Competition Tribunal but have agreed not to close their $26-billion merger until objections by the Competition Bureau are resolved.
May 30, 2022 9:15 PM
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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
May 30, 2022 8:15 PM
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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.
May 30, 2022 6:40 PM
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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.
May 30, 2022 6:36 PM
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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.
May 30, 2022 5:20 PM
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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.
May 30, 2022 5:08 PM
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