Business

Air Transat to create new loyalty program with Desjardins and Visa

MONTREAL — Air Transat has announced plans to start a new loyalty program with Desjardins Group and Visa. The airline says the launch is planned for the second half of this year. The company says the...

27m ago

Here's a list of December inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 2.4 per cent in December, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because...

58m ago

Here's a list of December inflation rates for Canadian provinces

OTTAWA — Canada's annual inflation rate was 2.4 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 3.0 per...

57m ago

Barrick Mining names Helen Cai as new chief financial officer

TORONTO — Barrick Mining Corp. has named Helen Cai as its new chief financial officer, effective March 1. The company says Cai will replace Graham Shuttleworth, who is leaving Barrick after the announcement...

1h ago

Keyera hit by outage at Alberta Envirofuels facility due to failure of key component

CALGARY — Keyera Corp. says it has shut down its Alberta Envirofuels facility due to the failure of a key component. The company says it initiated the unplanned outage earlier this month. Due to the...

1h ago

What to know about the annual World Economic Forum meeting in Davos

DAVOS, Switzerland (AP) — Nearly 3,000 high-level participants from business, government and beyond plus untold numbers of activists, journalists and outside observers are converging in the Swiss town...

2h ago

Nation-building efforts expected to spur Canadian M&A this year: KPMG survey

TORONTO — Canadian dealmaking activity is expected to pick up this year, driven by nation-building efforts and a stronger business outlook, according to a new survey by KPMG Canada. Thirty-three per...

3h ago

Philippines discovers new gas deposit near disputed South China Sea

MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. announced Monday the discovery of a new natural gas deposit near the disputed South China Sea, which could shield his country from...

2h ago

IMF upgrades outlook for suprisingly reslient world economy to 3.3% growth this year

WASHINGTON (AP) — An unexpectedly sturdy world economy is likely to shrug off President Donald Trump's protectionist trade policies this year, thanks partly to a surge of investment in artificial intelligence...

5h ago

In the news today: Carney goes to Davos, gun compensation, Chinese EV deal

Here is a roundup of stories from The Canadian Press designed to bring you up to speed... Carney heading to Switzerland to take part in World Economic Forum Prime Minister Mark Carney heads to Switzerland...

5h ago