(Reuters) -TD Bank Group reported a fall in first-quarter profit on Thursday as the Canadian lender set aside more funds to cover for souring loans. Elevated interest rates have raised the chances of more borrowers defaulting on their loan repayments in an uncertain economic environment, prompting lenders to set aside bigger rainy-day funds. Toronto-based TD […]
(Bloomberg) — Canada’s oil producers are poised to pour about half a million barrels of new daily output — more than the total production of some OPEC members — into world markets over the next year or so. Most Read from Bloomberg And while the deluge of new crude will be a boon to an […]
(Reuters) – Canada’s BlackBerry said on Monday it was targeting an additional increase of $100 million in its annual profit as the cybersecurity firm slashes costs, including reducing workforce. The company’s new target is in addition to a $50 million annualized cost reduction plan announced and 200 job cuts in the prior quarter. The company, […]
FILE = Cameron Ortis, a senior intelligence official at the RCMP, leaves the courthouse in Ottawa, Ontario, after being granted bail, Tuesday, Oct. 22, 2019. A judge Wednesday, Feb. 7, 2024, sentenced Ortis to 14 years in prison for breaching the country’s secrets law. Ortis led the Royal Canadian Mounted Police’s Operations Research group, which […]
FORT SMITH, Northwest Territories (AP) — The death toll from a small plane crash in Canada’s Northwest Territories was six, authorities said Wednesday. The plane was carrying employees from the Rio Tinto mining company. The Northwest Territories coroner’s office said that four passengers and two crew members from Northwestern Air Lease were killed in Tuesday’s […]
TORONTO (AP) — A Canadian judge has ruled that the government’s use of the Emergencies Act to quell weeks of protests by truckers and others angry over COVID-19 restrictions in 2022 was unreasonable and unconstitutional. Up to thousands of protesters clogged the streets of the capital of Ottawa and besieged Parliament Hill, demonstrating against vaccine […]
The last flurries of snow have settled and Canada has a brand new Drag Superstar! After an incredible season of fierce looks, iconic moments, and a lip sync slay-off for the ages, Venus managed to edge out some of the stiffest competition that they’ve seen in the Great White North in Aurora Matrix, Denim, and […]
Ukraine’s recent security agreement with the UK has energised talks about Ukraine-Canada security treatment. Source: Natalka Tsmots, Canada’s Ambassador to Ukraine, in an interview with European Pravda Details: Tsmots said that Canada has presented a draft agreement to Ukraine. “I am very glad to tell you that on Friday Canada sent a copy of the […]
Canada’s oil producers plan higher output for this year and expect to earn more from their heavy crude once the long-delayed expanded Trans Mountain Pipeline enters into service. The start date of the Trans Mountain Pipeline Expansion (TMX) is the key uncertainty this year for the Canadian oil industry, the benchmark Canadian heavy oil prices, […]
The blanket of wildfire smoke that spread across large parts of the U.S. and Canada in 2023 was a wake-up call, showing what climate change could feel like in the near future for millions of people. Apocalyptic orange skies and air pollution levels that force people indoors only tell part of the story, though. As […]
Luna DuBois doesn’t need a crown, not when she’s already this regal! Hailing from Toronto by way of Nigeria, Luna was serving fashion, unshakable confidence, and pure C.U.N.T. from the moment she walked into the werkroom. And by that we mean she gave us the charisma, uniqueness, nerve, and talent sensation, DuBois-style. While you could […]
Last night Christine Sinclair, the all-time leading goalscorer in international football, played her final minutes on the global stage. With more than 330 appearances for Canada, the 40-year-old stands second in the list of most-capped female players behind the US’s Kristine Lilly. She has featured in six different World Cups, won two bronze Olympic medals […]