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Implementing guaranteed basic income could cut poverty rates up to 40%, PBO says

Implementing guaranteed basic income could cut poverty rates up to 40%, PBO says

OTTAWA — The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.
Manulife Financial earns $1.6 billion in fourth quarter

Manulife Financial earns $1.6 billion in fourth quarter

TORONTO — Manulife Financial Corp. says its earnings dipped slightly in the fourth quarter but rose overall in 2024. The company's net income attributable to shareholders was $1.6 billion in the fourth quarter, down three per cent from $1.
Bell says subsea cable from Cape Breton to Newfoundland was deliberately cut — twice

Bell says subsea cable from Cape Breton to Newfoundland was deliberately cut — twice

ST. JOHN'S, N.L. — Bell is looking for answers after its subsea fibre-optic cable connecting western Newfoundland to Nova Scotia was severed for the second time in the space of a year. The telecommunications cable was most recently cut on Dec.
Poilievre calls Carney's fiscal plan a 'sneaky accounting trick'

Poilievre calls Carney's fiscal plan a 'sneaky accounting trick'

OTTAWA — Conservative Leader Pierre Poilievre is slamming Liberal leadership candidate Mark Carney's plan to split the federal budget, calling it a "sneaky accounting trick" to avoid balancing the books.
Saskatchewan Premier Moe says Trump 'may not be entirely accurate' with facts

Saskatchewan Premier Moe says Trump 'may not be entirely accurate' with facts

SASKATOON, Sask. — Saskatchewan Premier Scott Moe says U.S. President Donald Trump "may not be entirely accurate with perceived facts" but is someone Canada must work with. Moe said Wednesday the U.S.
TFI International earns US$88.1 million in fourth quarter

TFI International earns US$88.1 million in fourth quarter

TFI International Inc. says it earned US$88.1 million dollars in its fourth quarter, down from US$131.4 million a year earlier. The company says revenues were US$2.1 billion, up from US$2.0 billion during the fourth quarter of 2023.
S&P/TSX composite ticks lower, U.S. stocks post small gain

S&P/TSX composite ticks lower, U.S. stocks post small gain

TORONTO — Canada's main stock index ticked lower on Wednesday, weighed down by losses in technology and base metals, while U.S. stock markets eked out another gain to reach a new all-time high for the S&P 500.
B.C. tree fruit growers get new $10M fund from the province

B.C. tree fruit growers get new $10M fund from the province

The Ministry of Agriculture says the money will be handed out as one-time payments to farmers and can be used to help with needs like tools, training, capital for farm improvement, farm debt repayment and farm wages.
Bombardier retains spot as No. 2 business jet maker by shipment value: report

Bombardier retains spot as No. 2 business jet maker by shipment value: report

A new report shows Bombardier retained its position as the world’s second-largest business jet manufacturer by value in 2024, despite falling a few planes short of its projected output.
Federal government moving ahead with high-speed rail in Toronto-Quebec City corridor

Federal government moving ahead with high-speed rail in Toronto-Quebec City corridor

MONTREAL — The federal government is moving ahead with the next phase of a high-speed rail network between Quebec City and Toronto, Prime Minister Justin Trudeau announced Wednesday.
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