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S&P/TSX composite and U.S. markets down; tech stocks fall

S&P/TSX composite and U.S. markets down; tech stocks fall

Canada's main stock index fell more than 90 points Tuesday, dragged down by losses in the tech sector as U.S. markets also declined. The S&P/TSX composite index was down 90.87 points at 19,578.30.
Regulator issued no fines over airlines' denying compensation for cancelled flights

Regulator issued no fines over airlines' denying compensation for cancelled flights

MONTREAL — Three years after new rules came into force, the regulator overseeing Canadian airlines has not issued any fines related to passenger compensation claims for flight delays and cancellations.
Alberta pot shops now allowed to take down window coverings after robberies

Alberta pot shops now allowed to take down window coverings after robberies

EDMONTON — Alberta's cannabis regulator will allow pot shops to take down window coverings after a spate of robberies.
Protecting your wallet against lost, delayed baggage more important than ever

Protecting your wallet against lost, delayed baggage more important than ever

On July 8, Aaliyah Corbin landed at Toronto's Pearson International Airport after a fun and relaxing vacation with friends in Portugal. The good times quickly ended, however, when her luggage was nowhere to be found.
RioCan confident in ability to navigate inflation as it posts $78.5M net income in Q2

RioCan confident in ability to navigate inflation as it posts $78.5M net income in Q2

TORONTO — RioCan Real Estate Investment Trust executives say the business can weather economic headwinds even after reporting its second-quarter net income was almost halved since last year.
Fairfax Financial proposes taking Recipe Unlimited private at $1.2 billion value

Fairfax Financial proposes taking Recipe Unlimited private at $1.2 billion value

VAUGHAN, Ont. — Fairfax Financial Holdings Ltd. has proposed taking Recipe Unlimited Corp. private in the latest phase for the almost 140-year-old restaurant company. The deal announced by Recipe Unlimited Tuesday puts a $1.
Hootsuite to lay off 30 per cent of staff, begin global restructuring

Hootsuite to lay off 30 per cent of staff, begin global restructuring

Hootsuite Inc. said Tuesday it will lay off 30 per cent of its staff as part of a global restructuring.
WSP Global to buy U.K. environmental firm as rapid-fire acquisitions continue

WSP Global to buy U.K. environmental firm as rapid-fire acquisitions continue

MONTREAL — WSP Global Inc. is extending its buying streak, as the Montreal-based engineering giant announced its sixth acquisition in 10 weeks.
BRP reports cyberattack, no details released on impacts

BRP reports cyberattack, no details released on impacts

VALCOURT, Que. — BRP Inc. says it was targeted in a cyberattack that has forced it to temporarily suspend operations.
Southwest attendant suffers broken back in hard landing

Southwest attendant suffers broken back in hard landing

DALLAS (AP) — A Southwest Airlines flight attendant suffered a compression fracture to a vertebra in her upper back during a hard landing last month in California, according to federal safety investigators.