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Canada Post selling third-party logistics business SCI Group to Metro Supply Chain

Canada Post selling third-party logistics business SCI Group to Metro Supply Chain

OTTAWA — Canada Post Corp. has signed a deal to sell SCI Group Inc., its third-party logistics business, to Metro Supply Chain Inc. Financial terms of the agreement were not immediately available.
More delays for NASA's astronaut moonshots, with crew landing off for another few years

More delays for NASA's astronaut moonshots, with crew landing off for another few years

CAPE CANAVERAL, Fla. (AP) — Astronauts will have to wait until next year before flying to the moon and another few years before landing on it, under the latest round of delays announced by NASA on Tuesday.
Bank CEOs expect further loan loss provisions and pressure on lending in 2024

Bank CEOs expect further loan loss provisions and pressure on lending in 2024

TORONTO — Canadian bank CEOs say high interest rates are delaying business andconsumer spending decisions and will likely lead to more provisions for bad loans this year, but that borrowers overall should manage well.
Fuel leak forces US company to abandon moon landing attempt

Fuel leak forces US company to abandon moon landing attempt

CAPE CANAVERAL, Fla. (AP) — A crippling fuel leak forced a U.S. company on Tuesday to give up on landing a spacecraft on the moon. Astrobotic Technology’s lander began losing fuel soon after Monday’s launch .
Trans Mountain to present pipeline variance arguments at oral hearing Friday

Trans Mountain to present pipeline variance arguments at oral hearing Friday

CALGARY — The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance.
Zelenskyy, Blinken, Israeli president and more will come to Davos to talk about global challenges

Zelenskyy, Blinken, Israeli president and more will come to Davos to talk about global challenges

LONDON (AP) — More than 60 heads of state and government and hundreds of business leaders are coming to Switzerland to discuss the biggest global challenges during the World Economic Forum's annual gathering next week, ranging from Israeli President
Just got a raise? Here's how to effectively use that extra cash

Just got a raise? Here's how to effectively use that extra cash

Finally some good news — you’ve landed a major promotion with a huge pay bump, or you’ve finished many years of education and entered a high-paying profession. Either way, you have some extracash, and perhaps little else, aside from a student loan.
Statistics Canada reports merchandise trade surplus $1.6 billion in November

Statistics Canada reports merchandise trade surplus $1.6 billion in November

OTTAWA — Statistics Canada says the country's merchandise trade surplus narrowed to $1.6 billion in November as imports rose and exports fell. The result compared with a revised surplus of $3.2 billion in October.
Unionized Indigo and Chapters workers facing uphill battles: union

Unionized Indigo and Chapters workers facing uphill battles: union

A few years after several Indigo and Chapters stores unionized, one location is set to close as its union says the retailer has made things increasingly difficult for workers.
Big banks' 'sustainable finance' label misleading: securities complaint

Big banks' 'sustainable finance' label misleading: securities complaint

TORONTO — Canada's big five banks are potentially misleading investors with their use of terms like sustainable finance, according to a complaint to securities regulators by a climate advocacy group.