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S&P/TSX composite falls from record highs on rising bond yields after Fed comments

S&P/TSX composite falls from record highs on rising bond yields after Fed comments

TORONTO — Canada's main stock index pulled back from record highs on weakness in the energy and technology sectors amid rising bond yields.
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AppDirect to grow Montreal presence following investment from Quebec government

AppDirect to grow Montreal presence following investment from Quebec government

MONTREAL — The Quebec government says it is investing in cloud software company AppDirect as part of a deal the government says will create 730 jobs in Montreal. The province will provide AppDirect Canada with a loan of at most $54.
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Canadian cannabis companies cheer SAFE Banking Act reintroduction in U.S. House

Canadian cannabis companies cheer SAFE Banking Act reintroduction in U.S. House

WASHINGTON — Canadian cannabis companies are cheering the reintroduction of the SAFE Banking Act to the U.S. House of Representatives today.
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Biden plans to send COVID shots to Mexico, Canada

Biden plans to send COVID shots to Mexico, Canada

WASHINGTON — The U.S. is planning to send a combined 4 million doses of the AstraZeneca COVID-19 vaccine to Mexico and Canada in its first export of shots, the White House said Thursday.
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Ottawa should review employment insurance, benefit triggers as economy recovers: IMF

Ottawa should review employment insurance, benefit triggers as economy recovers: IMF

TORONTO — Canada's economic response to the COVID-19 pandemic has earned praise from the International Monetary Fund, but the global lender also has recommendations for future government spending.
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Business hydro subsidy to cost Ontario taxpayers $15.2 billion by 2040

Business hydro subsidy to cost Ontario taxpayers $15.2 billion by 2040

TORONTO — Subsidizing hydro rates for industrial and large commercial businesses will cost Ontario taxpayers an estimated $15.2 billion by 2040, the province's fiscal watchdog said Thursday.
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Court allows $100-million lawsuit against securities commission to proceed

Court allows $100-million lawsuit against securities commission to proceed

TORONTO — A malicious prosecution lawsuit against securities regulators can go ahead, Ontario's top court ruled on Thursday in remitting the case for a hearing on its merits.
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Becerra confirmed to shepherd Biden's ambitious health plans

Becerra confirmed to shepherd Biden's ambitious health plans

WASHINGTON — The Senate on Thursday confirmed California Attorney General Xavier Becerra as President Joe Biden's health secretary, filling a key position in the administration's coronavirus response and its ambitious push to lower drug costs, expand
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Topaz Energy raises its 2021 guidance, signals intent to grow by acquisition

Topaz Energy raises its 2021 guidance, signals intent to grow by acquisition

CALGARY — Topaz Energy Corp. is raising its 2021 guidance to recognize recent acquisitions and signalling its intent to continue to be a buyer following its $250-million initial public offering in October.
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Restaurants in the 3rd wave: "The question isn't can you survive but do you want to"

Restaurants in the 3rd wave: "The question isn't can you survive but do you want to"

Restaurant operators are calling the threat of a third wave of COVID-19 a "do-or-die moment" for the food service industry as it faces another potential round of restrictions.
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