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Frustration, anticipation mark industry response to budget's flight delay fixes

Frustration, anticipation mark industry response to budget's flight delay fixes

MONTREAL — The federal government has air travel on its radar after laying out plans in its budget to speed up airport security screening and reduce flight delays, but industry and advocates remain skeptical.
Mortgage moves 'good news' for borrowers, but budget lacks housing support: experts

Mortgage moves 'good news' for borrowers, but budget lacks housing support: experts

TORONTO — Real estate observers say a new mortgage code of conduct promised in the federal budget will be handy for Canadians facing financial difficulties, but they still feel the economic plan was lacking needed housing affordability measures.
Budget measures unlikely enough to spur major carbon capture investments: Experts

Budget measures unlikely enough to spur major carbon capture investments: Experts

CALGARY — A question mark continues to hang over the future of carbon capture and storage projects in Canada, in spite of a pledge in Tuesday's federal budget to deliver more investment certainty for major emissions-reducing projects.
Bank of Canada watching for potential spillovers from global banking stresses

Bank of Canada watching for potential spillovers from global banking stresses

MONTREAL — A senior Bank of Canada official says the central bank is keeping a close eye on the stresses to the global banking system ahead of its next interest rate decision and monetary policy report in April.
UBS brings back Ermotti as CEO with Credit Suisse deal ahead

UBS brings back Ermotti as CEO with Credit Suisse deal ahead

GENEVA (AP) — UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it executes a government-orchestrated plan to take over struggling rival Credit Suisse .
Dollarama sales rise as consumers flock to lower prices amid high inflation

Dollarama sales rise as consumers flock to lower prices amid high inflation

MONTREAL — Discount chain Dollarama Inc. recorded a surge in sales in its latest quarter as its low prices on everyday household items attracted shoppers in search of relief from high inflation.
Federal funding for flood insurance a 'major step forward': industry

Federal funding for flood insurance a 'major step forward': industry

OTTAWA — The federal government committed $31.7 million over three years in its latest budget toward a low-cost flood insurance program.
US: Credit Suisse violates deal on rich clients' tax evasion

US: Credit Suisse violates deal on rich clients' tax evasion

GENEVA (AP) — Credit Suisse violated a plea agreement with U.S. authorities by failing to report secret offshore accounts that wealthy Americans used to avoid paying taxes, U.S.
Lululemon shares up more than 10% after reporting Q4 revenue up 30% from year ago

Lululemon shares up more than 10% after reporting Q4 revenue up 30% from year ago

VANCOUVER — Shares of Lululemon Athletica Inc. climbed more than 10 per cent in early trading after the company reported its net revenue for its fourth quarter rose 30 per cent compared with a year ago. Shares in the retailer were up US$46.
Ramadan highlights how workplaces can better support Muslim employees

Ramadan highlights how workplaces can better support Muslim employees

TORONTO — Khadija Waseem loves tea and coffee, so when she told colleagues she was savouring her last cup ahead of the start of Ramadan's fasting period last week, they were quick to tease her.