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Kinross in negotiations to sell its Russian assets due to Ukraine invasion

Kinross in negotiations to sell its Russian assets due to Ukraine invasion

TORONTO — Kinross Gold Corp. says it is in negotiations to sell all of its Russian assets, nearly a month after announcing the suspension of a development in Far East Russia, following the invasion of Ukraine.
A list of Canadian companies cutting ties with Russia over invasion of Ukraine

A list of Canadian companies cutting ties with Russia over invasion of Ukraine

A number of Canadian companies have suspended or moved to withdrawal from Russia following its unprovoked invasion of Ukraine. Here is a partial list of those firms: Alberta Investment Management Corp .
Social media explodes during Oscars; TV viewership doesn't

Social media explodes during Oscars; TV viewership doesn't

NEW YORK (AP) — Will Smith's violent slap of Chris Rock at the Academy Awards appeared to have a negligible impact on the show's television audience. But the world of social media is a much different story. ABC said there were some 22.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,087.22, up 109.39 points.) TC Energy Corp. (TSX:TRP). Energy. Up 62 cents, or 0.9 per cent, to $72.63 on 14.7 million shares.
Lululemon surpasses US$6B annual sales; Q4 profits up 32 per cent to US$434.5 million

Lululemon surpasses US$6B annual sales; Q4 profits up 32 per cent to US$434.5 million

VANCOUVER — Lululemon Athletica Inc. capped an exceptional year in which it surpassed US$6 billion in revenues for the first time, with net profits growing nearly 32 per cent in the fourth quarter.
Facebook owner Meta to hire 2,500 in Canadian roles, create Toronto engineering hub

Facebook owner Meta to hire 2,500 in Canadian roles, create Toronto engineering hub

TORONTO — Meta founder Mark Zuckerberg’s ambitious vision to create an immersive digital realm will be aided by thousands of Canadian hires and a new engineering hub in the country.
Nova Scotia tables deficit budget with major health-care spending boost for 2022-23

Nova Scotia tables deficit budget with major health-care spending boost for 2022-23

HALIFAX — Nova Scotia’s Progressive Conservative government is forecasting a $506.2-million deficit in its first budget as it focuses on an election campaign pledge to spend heavily on the province's ailing health system. The $13.
Travel rewards cards worth considering as industry gears up for rise in tourism

Travel rewards cards worth considering as industry gears up for rise in tourism

TORONTO — Since moving to Windsor, N.S., from Toronto in 2021, Stefan Palios has been able to return for multiple visits with his grandparents, and travel reward points have made a big difference.
Highlights of Nova Scotia's 2022-23 provincial budget

Highlights of Nova Scotia's 2022-23 provincial budget

HALIFAX — Nova Scotia Finance Minister Allan MacMaster tabled a $13.2-billion budget for 2022-23 on Tuesday. Here are some highlights: - Projected deficit of $506.2 million, increasing the province's net debt to about $18.4 billion.
Canadian crypto industry leaders launch Web3 council and push for regulation

Canadian crypto industry leaders launch Web3 council and push for regulation

TORONTO — Some of Canada's leaders in the blockchain sector launched Tuesday a non-profit association aimed at moving the needle on regulation of cryptocurrencies anddigital assets in this country.