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Canadian dollar weakness to persist into 2025, expert predicts

Canadian dollar weakness to persist into 2025, expert predicts

After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US. But it still remains lower than it has been since the early days of COVID, and is nearly four per cent below where it was trading in September.
'Rare' case of RCMP seizing goats and sheep allowed to roam free in cornfield

'Rare' case of RCMP seizing goats and sheep allowed to roam free in cornfield

SHERBROOKE, P.E.I. — RCMP say they seized more than 80 goats and two sheep from an owner who had been letting the animals roam free on a neighbouring property in Prince Edward Island.
CMHC reports annual pace of housing starts up eight per cent in October

CMHC reports annual pace of housing starts up eight per cent in October

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.
Orla Mining signs deal to buy Musselwhite gold mine in Ontario from Newmont

Orla Mining signs deal to buy Musselwhite gold mine in Ontario from Newmont

VANCOUVER — Orla Mining Ltd. has signed a deal to buy the Musselwhite gold mine in Ontario from Newmont Corp.
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue. Spirit, the biggest U.S.
Slightly reshaped Giller Prize to go on, despite boycotts and protests

Slightly reshaped Giller Prize to go on, despite boycotts and protests

TORONTO — The shine on CanLit's glitziest night has dulled, at least according to some, amid sustained backlash against the Giller Foundation for maintaining ties with lead sponsor Scotiabank and other funders linked to Israel.
Trudeau to meet with Biden at G20 summit as Canada crafts approach to emerging powers

Trudeau to meet with Biden at G20 summit as Canada crafts approach to emerging powers

RIO DE JANEIRO — Prime Minister Justin Trudeau will meet with U.S. President Joe Biden in Brazil at the G20 summit, as Ottawa seeks its place amid a growing rift between Washington and booming economies in the developing world.
Trump's new energy council could mean trade opportunity for Canada: experts

Trump's new energy council could mean trade opportunity for Canada: experts

WASHINGTON — As Donald Trump builds his new energy-focused administration, experts say it could open opportunities for Canada to expand the two countries' long-standing partnership amid threats of widespread tariffs from the president-elect.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike Canada Post was hit by a strike Friday after failing to reach a new contract with about 55,000 workers represented by the Canadian Union of Postal Wor
October inflation expected to show mild bump up despite longer-term downward trend

October inflation expected to show mild bump up despite longer-term downward trend

TORONTO — The latest inflation reading due out Tuesday from Statistics Canada is expected to show a slight uptick for the month of October — but economists say the measure is still on a longer-term downward trend.
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