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Canadian Press News Feed

  • Railroads back plan calling for 24% raises but workers wary
    Canadian Press - 4 minutes ago
    OMAHA, Neb. (AP) — The major freight railroads signaled they're ready to negotiate a new deal with their workers based on a presidential report that calls for 24% raises, but the 12 unions involved in the stalled talks covering 115,000 workers still haven't commented on the recommendations.
  • B.C. cannabis stores grapple with delivery stoppage as BCLDB workers go on strike
    Canadian Press - 27 minutes ago
    BURNABY, B.C. — British Columbian cannabis stores are bracing for emptier shelves after a strike stopped the province's pot distribution centre from shipping out product.
  • CDPQ reports 7.9 per cent loss for first six months of 2022
    Canadian Press - 37 minutes ago
    MONTREAL — The Caisse de dépôt et placement du Québec reported a loss of 7.9 per cent for the first six months of this year.
  • Sweden presents plan to tackle high winter power bills
    Canadian Press - 45 minutes ago
    STOCKHOLM (AP) — Sweden's government said Wednesday it wants to pass legislation forcing the country's public power transmission network operator to help alleviate this winter's expected high electricity bills for Swedish households and businesses.
  • Yellen tells IRS to develop modernization plan in 6 months
    Canadian Press - 1 hour ago
    WASHINGTON (AP) — Now that President Joe Biden signed Democrats' expansive climate, tax and health care bill into law, Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will overhaul its technology, customer service and hiring processes.
  • S&P/TSX composite down more than 100 points in late-morning trading
    Canadian Press - 1 hour ago
    TORONTO — Losses in the technology and base metal sectors weighed on Canada's main stock index as it lost more than 100 points in late-morning trading, while U.S. stock markets also pulled back.
  • Egypt's central bank governor resigns as economic woes mount
    Canadian Press - 1 hour ago
    CAIRO (AP) — Egypt’s central bank governor resigned Wednesday as the Middle East's most populous nation struggles to curb inflation triggered by Russia's war in Ukraine, high oil prices and a drop in tourism.
  • Wind energy boom and golden eagles collide in the US West
    Canadian Press - 1 hour ago
    CODY, Wyo. (AP) — The rush to build wind farms to combat climate change is colliding with preservation of one of the U.S. West’s most spectacular predators — the golden eagle — as the species teeters on the edge of decline.
  • Cargo ship breakdown blocks Rhine River traffic in Germany
    Canadian Press - Wed Aug 17, 9:50AM CDT
    BERLIN (AP) — A cargo ship that broke down on the Rhine River caused a backup of other ships Wednesday near the German town of St. Goar.
  • Keyera and Canadian National Railway to evaluate Alberta terminal project
    Canadian Press - Wed Aug 17, 8:11AM CDT
    CALGARY — Keyera Corp. and Canadian National Railway Co. have signed a deal to evaluate building a rail terminal in Alberta to ship energy products.