Business

MDA Space launches U.S. initial public offering, with US$300M in common shares

TORONTO — MDA Space Ltd. says it is launching an initial public offering in the U.S. with an application to list its common shares on the New York Stock Exchange. The company says a total of US$300...

1h ago

Loblaw says some customers affected by data breach

BRAMPTON — Loblaw Cos. Ltd. says it has notified some customers regarding a low-level data breach. The parent company of Loblaws and Shoppers Drug Mart says it determined that a criminal third-party...

1h ago

16 people treated for smoke injuires in fire in Mission, B.C., seniors home

MISSION, BRITISH COLUMBIA — The chief of the fire department in Mission, B.C., says air conditioning units were falling through the ceiling behind his crew members as they were trying to evacuate people...

1h ago

Meta to acquire Moltbook, the social network for AI agents

LOS ANGELES (AP) — Meta said Tuesday it is acquiring Moltbook, a social network built exclusively for artificial intelligence agents to make posts and interact with each other. A takeover...

1h ago

Pokémon cards are a hot commodity, and B.C. thieves aren't playing around

Pokémon cards were the focus of a gang who turned up at an Abbotsford, B.C., collectibles store on Friday — but they weren't there to play. In pre-dawn scenes captured on the store's security video,...

1h ago

Firing of Canadian Coast Guard captain who ignored distress call was justified: board

HALIFAX — The federal labour board says the Canadian Coast Guard was justified when it fired a coast guard captain for wilfully ignoring a distress call from a fishing boat that ran aground off P.E.I....

2h ago

About 140 US troops have been wounded in the Iran war, including 8 severely and 108 who returned to duty, Pentagon says

WASHINGTON (AP) — About 140 US troops have been wounded in the Iran war, including 8 severely and 108 who returned to duty, Pentagon says. The Associated Press

4h ago

B.C. Premier David Eby to discuss trade, liquor with top U.S. diplomat in Canada

VICTORIA — American duties on Canadian softwood lumber and the ban of American alcohol by B.C. will be on the table when Premier David Eby meets the U.S. ambassador to Canada in Victoria today. Ambassador...

2h ago

Goeasy shares sink nearly 60% after it withdraws guidance, suspends dividend

TORONTO — Shares in Goeasy Ltd. sank nearly 60 per cent after the non-prime consumer lender suspended its dividend, announced it would take more than $200 million in charges in its fourth quarter and...

4h ago

Former attorney for California solar firm sentenced in $1 billion fraud scheme

SACRAMENTO, Calif. (AP) — An attorney for a California solar power company has been sentenced to 11 years and five months in prison for helping orchestrate a $1 billion fraud scheme, federal prosecutors...

5h ago