Canadian
Canadian Prime Minister Justin Trudeau suffered a new setback this week after his party lost a Parliament seat it had held for most of the last century.Trudeau’s Liberal Party lost in the Montreal parliamentary constituency of La Salle-Émard-Verdun against the Bloc Québécois, according to final results released early on Tuesday.Liberal…
I’ve been invited to more bachelorette parties than I can count.They’ve all been a lot of fun and have given me an excuse to visit fabulous destinations around the world. I’ve been to Cabo, Napa, Puerto Rico, Palm Springs, India, Hawaii, Las Vegas, and more to celebrate dear friends who…
By David Ljunggren OTTAWA (Reuters) – Canada’s two main freight rail companies locked out around 10,000 of their Canadian unionized workers early on Thursday, starting an unprecedented simultaneous work stoppage that will grind almost all railway freight movement in the country to a halt. HOW INTEGRATED ARE THE RAIL NETWORKS…
By Nivedita Balu TORONTO (Reuters) – Canada’s big six banks will probably set aside a total of C$4.5 billion in loan loss provisions in the third quarter, analysts predicted, up nearly 27% from a year ago, as insolvencies rise and lenders prepare for credit card and other delinquencies in a…
By Arathy Somasekhar HOUSTON (Reuters) – A looming labor dispute at Canada’s two main railroads is unlikely to significantly reduce oil exports to the United States due to excess capacity on Trans Mountain and other pipelines, people close to the matter said. North American shippers such as fertilizer supplier Nutrien…
TORONTO (Reuters) – Royal Bank of Canada’s former CFO Nadine Ahn has filed a wrongful-termination lawsuit against the bank, and alleged that “gender-based stereotyping” was at play in her dismissal. In April, RBC, Canada’s biggest bank, said it had terminated Ahn after its investigation found she was in an undisclosed…
By Nia Williams (Reuters) – The Trans Mountain oil pipeline expansion (TMX) was meant to shrink the discount on Canadian oil versus but three months in the differential is wider than when commercial operations on the project started. Many analysts had forecast the differential on Western Canada Select (WCS) versus…
By David Ljunggren and Anna Mehler Paperny (Reuters) -A massive wildfire that destroyed about a third of the western Canadian tourist town of Jasper is still out of control but rain and cooler conditions are helping firefighters, authorities said on Friday. Jasper, located in the middle of Alberta’s picturesque Jasper…
(Reuters) -Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs.While hopes of a soft landing have grown in recent months, companies continue to…
Investing.com– Oil prices rose slightly in Asian trade on Tuesday, extending gains from the prior session as top importer China gave clear signals on its plans for fiscal stimulus, while wildfires in Canada came dangerously close to oil hubs in the country. Still, bigger gains were held back by anticipation of…
