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S&P/TSX composite gains more than 100 points Friday, U.S. markets also rise

S&P/TSX composite gains more than 100 points Friday, U.S. markets also rise

TORONTO — Canada's main stock index gained more than 100 points Friday on strength in the energy sector, while U.S. indexes also rose to cap off a volatile week in North American markets. The S&P/TSX composite index was up 113.
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Champagne vows to take action if telecoms don't reach deal for TTC cell service

Champagne vows to take action if telecoms don't reach deal for TTC cell service

Canada's industry minister vowed to step in if Canada's major telecom providers don't reach an agreement to ensure wireless service is available for all riders on Toronto's subway system.
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Stock market today: Wall Street rises to cap a winning April

Stock market today: Wall Street rises to cap a winning April

NEW YORK (AP) — Wall Street closed out a winning April with gains Friday after more companies said their profits at the start of the year weren’t as bad as expected. The S&P 500 rose 34.13, or 0.8%, to 4,169.48.
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Ritual to add consumer fee to orders placed on platform starting May 1

Ritual to add consumer fee to orders placed on platform starting May 1

TORONTO — Ritual is going to begin charging consumers a fee for every order they place on the food pickup platform. The Toronto-based technology company says users will be charged between 15 and 99 cents for orders under $30 and $1.
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Imperial targeting mid-to-late decade for its Cold Lake carbon capture project

Imperial targeting mid-to-late decade for its Cold Lake carbon capture project

CALGARY — Imperial Oil Ltd.
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After economy posts strong start to 2023, new data suggests slowdown has begun

After economy posts strong start to 2023, new data suggests slowdown has begun

OTTAWA — The Canadian economy's strong bounce back at the start of the year appears to have been short-lived, as new data suggests growth is on a downward trajectory. Statistics Canada said Friday that the economy grew by 0.1 per cent in February.
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Federal government posts $3.1B surplus for first 11 months of 2022-23 fiscal year

Federal government posts $3.1B surplus for first 11 months of 2022-23 fiscal year

OTTAWA — The federal government posted a budgetary surplus of $3.1 billion between April 2022 and February 2023. In its monthly fiscal monitor, the Finance Department says the result compared to a deficit of $69.
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Canada's entertainment production sector awaiting direction for CRTC on C-11

Canada's entertainment production sector awaiting direction for CRTC on C-11

TORONTO — Canada's film and television industry is anxiously awaiting forthcoming directions from the federal government to the country's broadcasting watchdog, which they say will determine the true impacts of streaming legislation adopted this week
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EPA allows gasoline with higher ethanol blend during summer

EPA allows gasoline with higher ethanol blend during summer

DES MOINES, Iowa (AP) — Fuel stations throughout the country will be able to sell gasoline blended with 15% ethanol during the summer under an emergency waiver issued Friday by the Environmental Protection Agency in a move that could reduce prices at
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Canada won new Volkswagen battery plant despite 'way, way more' money from U.S.: PM

Canada won new Volkswagen battery plant despite 'way, way more' money from U.S.: PM

NEW YORK — Canada won Volkswagen's lucrative new electric vehicle battery plant despite "way, way more" U.S. dollars on the table, Prime Minister Justin Trudeau said Friday as he talked up the virtues of his progressive approach to industrial policy.
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