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Metro workers reach new deal while strike at Sobeys distribution centre continues

Metro workers reach new deal while strike at Sobeys distribution centre continues

Workers at a Metro distribution centre in Ontario have voted in favour of a new deal while workers at a Sobeys warehouse in Quebec have rejected the grocer's latest offer. More than 900 workers at Metro Inc.
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Italian premier says Algeria to boost natural gas exports

Italian premier says Algeria to boost natural gas exports

MILAN (AP) — Italian Premier Mario Draghi secured a deal Monday for more natural gas imports across a Mediterranean pipeline from Algeria, marking the latest push by a European Union nation to reduce dependence on Russian energy following its invasio
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Global EV demand creates once-in-a-generation opportunity for Canadian mining sector

Global EV demand creates once-in-a-generation opportunity for Canadian mining sector

CALGARY — Ottawa is set to pour an "unprecedented" amount of public money into the mining and metals sector as growing global demand for electric vehicles creates what industry insiders say is a once-in-a-generation opportunity for Canadian resources
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Insurer Intact Financial estimates Q1 catastrophe losses at $183 million

Insurer Intact Financial estimates Q1 catastrophe losses at $183 million

TORONTO — Intact Financial Corp. estimates its catastrophe losses for the first quarter totalled about $183 million on a pre-tax basis, due in large part to three windstorms in February that affected its business in the United Kingdom and Ireland.
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Teck Resources says Q1 steelmaking coal sales fell slightly below guidance

Teck Resources says Q1 steelmaking coal sales fell slightly below guidance

VANCOUVER — Teck Resources Ltd. says its steelmaking coal sales in the first quarter came in slightly below its guidance as a result of a labour dispute at Canadian Pacific Railway Ltd. that resulted in a temporary work stoppage at the railway.
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‘Sonic 2’ steals weekend box office, but ‘Ambulance’ stalls

‘Sonic 2’ steals weekend box office, but ‘Ambulance’ stalls

“Sonic the Hedgehog 2” sped to the top of the charts in its opening weekend, earning an impressive $71 million according to studio estimates Sunday.
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Manitoba Tory government signals looser purse strings, health money coming in budget

Manitoba Tory government signals looser purse strings, health money coming in budget

WINNIPEG — Manitoba's Progressive Conservative government, trailing in opinion polls with an election set for next year, is signalling that its upcoming budget will pump more money into health care and offer some sort of protection against rising inf
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank annual meetings The annual shareholder meetings for Canada's big banks continue this week with Bank of Montreal holding its gathering on Wednesday and Toronto-
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'Our lobsters are gold plated now:' Atlantic Canada lobster exports, prices soar

'Our lobsters are gold plated now:' Atlantic Canada lobster exports, prices soar

HALIFAX — For many, summer in the Maritimes would not be complete without fresh lobster. But locals and tourists alike could have to shell out more for the crustaceans as prices reach historic highs. "Our lobsters are gold-plated now.
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Toronto businesses hopeful as stadiums fill up for first time since pandemic

Toronto businesses hopeful as stadiums fill up for first time since pandemic

TORONTO — Downtown Toronto businesses were buzzing with anticipation Saturday as the city's three main sports franchises are welcoming thousands of fans to games for the first time since the start of the pandemic.
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