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2024 was record-setting year for precipitation at Toronto airport: Environment Canada

2024 was record-setting year for precipitation at Toronto airport: Environment Canada

TORONTO — Environment Canada says two massive summer storms helped catapult Toronto's Pearson International Airport to its wettest year on record.
S&P/TSX composite rises Friday while U.S. markets see tech-led rally

S&P/TSX composite rises Friday while U.S. markets see tech-led rally

TORONTO — Canada's main stock index rose Friday, led by strength in technology and telecom stocks, while U.S. markets rallied, led by major tech names as the Nasdaq gained 1.8 per cent. The S&P/TSX composite index closed up 175.
Stock market today: S&P 500 rallies to its first gain since Christmas

Stock market today: S&P 500 rallies to its first gain since Christmas

NEW YORK (AP) — Wall Street rallied out of its holiday-season funk. The S&P 500 climbed 1.3% Friday, its best day in nearly two months and its first gain since Christmas. The Dow Jones Industrial Average rose 0.
Google sends funds to journalism collective in exchange for Online ߣÄÌÉçÇø Act exemption

Google sends funds to journalism collective in exchange for Online ߣÄÌÉçÇø Act exemption

Google has sent the $100 million it agreed to pay Canadian news outlets in exchange for an exemption from the Online ߣÄÌÉçÇø Act to a journalism organization designed to distribute the funds. The U.S.
Lion Electric temporarily reduces workforce amid CCAA proceedings

Lion Electric temporarily reduces workforce amid CCAA proceedings

MONTREAL — Lion Electric announced Friday it's temporarily laying off around 150 workers in Canada and the U.S., in the context of its ongoing proceedings under the Companies' Creditors Arrangement Act (CCAA).
Uptick in Vancouver home sales last month caps 'pivot year' for market: board

Uptick in Vancouver home sales last month caps 'pivot year' for market: board

Greater Vancouver home sales rose 31.2 per cent on a year-over-year basis in December, capping a "pivot year" for the market that saw the number of homes changing hands in the region tick higher.
Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups

Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups

The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen.
CPP Investments selling stake in Goodman logistics partnership

CPP Investments selling stake in Goodman logistics partnership

TORONTO — The Canada Pension Plan Investment Board says it is selling its stake in a logistics investment partnership it established with Australia's Goodman Group. CPP Investments says it will realize about US$2.
Non-alcoholic drinks aren't just for the sober, as more Canadians cut back

Non-alcoholic drinks aren't just for the sober, as more Canadians cut back

Whether it's for a celebration, a gathering or an evening to unwind, Canadians increasingly favour non-alcoholic options over beer, wine and spirits.
Biden rejects Nippon Steel's proposed deal to acquire US Steel

Biden rejects Nippon Steel's proposed deal to acquire US Steel

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition. “We need major U.S.
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