WASHINGTON — A deal within reach, U.S. President Joe Biden and Congress’ top Democrats edged close to sealing their giant domestic legislation, though the informal deadline appeared to slip as they worked to scale back the measure and determine how to pay for it. Negotiations were expected to continue into the weekend, all sides indicating […]
Tag Archives: business
WASHINGTON – Lawyers for Enbridge Inc. are asking a judge in Michigan to consider the bilateral implications of the state’s bid to shut down the Line 5 cross-border pipeline. Newly filed court documents say the dispute is now well and truly a federal matter because Canada has formally invoked a 1977 pipeline treaty […]
VANCOUVER – Canadian ski resorts that rely heavily on international workers are steadying themselves for a labour shortage this winter as the visa approval process by the federal government slows. With international borders reopening to vaccinated travellers and vaccine passports allowing for increased guest capacity, Paul Pinchbeck, the CEO of Ski Canada, said […]
Just days after insurrectionists stormed the Capitol on January 6th, Facebook’s Chief Operational Officer Sheryl Sandberg downplayed her company’s role in what had happened. “We know this was organized online. We know that,” she said in an interview with Reuters. “We… took down QAnon, Proud Boys, Stop the Steal, anything that was talking […]
Vancouver – The federal government has lifted its advisory against non-essential international travel and with the change, the price of insurance is expected to drop. The warning had been in place since March 2020, but was replaced this week with a notice urging all travellers to be fully vaccinated at least 14 days […]
WASHINGTON, D.C. – The Canadian government on Friday warned that U.S. proposals to create new electric vehicle tax credits for American-built vehicles could harm the North American auto industry and fall foul of trade agreements, according to a letter seen by Reuters. In the letter dated Oct. 22, Canadian trade minister Mary Ng […]
White slip-on shoes are becoming a hot commodity thanks to the wildly popular South Korean survival drama “Squid Game,” with sneaker maker VF Corp reporting a small increase in demand for its Vans brand. The series, which became a global sensation and the No.1 program on Netflix, shows hundreds of cash-strapped players competing […]
TORONTO – Edward Rogers, chair of the family trust that controls Rogers Communications, moved to oust five members of the board of directors in an escalation of a boardroom fight that saw him replaced as chair of the wireless and cable company. As chair of the Rogers Control Trust, Edward Rogers said in […]
TORONTO – Edward Rogers is out as board chair of Rogers Communications Inc., a move that comes as the latest development in a boardroom drama that has prompted the departure of a senior executive and the launch of an executive oversight committee. In a statement Thursday afternoon, the company said John A. MacDonald […]
BEIJING – A troubled Chinese developer whose struggle to avoid a multibillion-dollar debt default has rattled global financial markets wired US$83.5 million on Friday to make an overdue payment to foreign bondholders, a government newspaper reported. Evergrande Group’s struggle to reduce its 2 trillion yuan ($310 billion) of debt to comply with tighter […]