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Algoma Steel expects Q4 shipments to be down compared with Q3

Algoma Steel expects Q4 shipments to be down compared with Q3

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. says its fourth-quarter shipments are expected to be down compared with the third quarter due to challenges across its logistics supply chain and COVID-related impacts.
De Havilland signs letter of intent with India's Flybig for up to 10 Twin Otters

De Havilland signs letter of intent with India's Flybig for up to 10 Twin Otters

TORONTO — De Havilland Aircraft of Canada Ltd. has signed a letter of Intent to sell up to 10 Twin Otter Series 400 aircraft to India's Big Charter Private Ltd. The aircraft will be used by Big Charter's airline Flybig.
New York City to let unvaccinated athletes play home games

New York City to let unvaccinated athletes play home games

NEW YORK (AP) — New York City's mayor will announce Thursday that he’s exempting athletes and performers from the city’s vaccine mandate for private workers, a move that will allow Brooklyn Nets star Kyrie Irving to play home games and unvaccinated b
Former union boss Jerry Dias accepted money from supplier, Unifor alleges

Former union boss Jerry Dias accepted money from supplier, Unifor alleges

Canada’s largest private sector union alleged Wednesday that its former national president Jerry Dias accepted $50,000 from a supplier of COVID-19 rapid test kits he promoted to employers of union members, several of whom purchased those test kits.
S&P/TSX composite falls to end six-day winning streak after hitting record highs

S&P/TSX composite falls to end six-day winning streak after hitting record highs

TORONTO — Rising commodity prices couldn't keep Canada's main stock index from breaking a six-day winning streak in which it reached record highs.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,932.18, down 142.17 points.) TC Energy Corp. (TSX:TRP). Energy. Up 35 cents, or 0.5 per cent, to $70.72 on 15 million shares.
Industry calls for 'permanent' supply chain solution in wake of CP Rail work stoppage

Industry calls for 'permanent' supply chain solution in wake of CP Rail work stoppage

CALGARY — Business groups advocating for rail to be declared an essential service in the wake of this week's temporary work stoppage at Canadian Pacific Railway Ltd. say a "permanent" solution is needed to ease this country's supply chain woes.
Ontario to regulate use of financial advisor, planner titles: regulator

Ontario to regulate use of financial advisor, planner titles: regulator

TORONTO — Ontario’s financial regulator will soon force anyone using the financial planner or advisor title in the province to be overseen by a credentialing body and subject to a complaints and discipline process.
Nova Scotia releases largest-ever capital budget at over $1.5 billion

Nova Scotia releases largest-ever capital budget at over $1.5 billion

HALIFAX — Spending for hospitals, schools and roads in Nova Scotia is poised to hit its highest level at $1.5 billion for the 2022-23 fiscal year.
Ottawa issues $5 billion in green bonds for the first time ever

Ottawa issues $5 billion in green bonds for the first time ever

Ottawa has completed its first ever offering of green bonds that will be used to help pay for its investments in green infrastructure and other projects that will help fight climate change. The federal government says it issued $5 billion in 7.