Canada’s gas giant trims spending, citing ‘unusually volatile times’

Canada’s largest natural gas producer, Tourmaline Oil Corp. , cut its spending plans for the year, citing “unusually volatile times,” and said it could cut more if gas prices remain…

Beer, wine sales fall even more, putting tax revenues on the rocks, but one boozy drink is on the rise

Canadians are increasingly embracing zero-proof drinks, mocktails and sober lifestyles, according to new data that shows government revenue from alcohol…

Posthaste: IMF urges investors, policymakers to rethink risk in new era where traditional hedges are failing

For years investors relied on a mix of stocks and bonds to manage risk in their portfolios, but times have…

Provincial and territorial leaders announce plan for a connected electricity grid

Eight provinces and two territories have signed a memorandum of understanding (MOU) to build cross-country electricity transmission infrastructure, Ontario Minister…

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United Airlines says it will boot passengers who refuse to use headphones on planes

Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening…

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CRA refused to cancel TFSA overcontribution tax

Canadians continue to run into trouble with their tax-free savings accounts ( TFSAs ), as evidenced by the steady flow of e-mails I get from…

Are GICs enough to keep Silvia’s nest egg going?

Q. I am a single 61-year-old and my concern for my nest egg is simply maintaining the capital. I’m not optimistic about the world economies…

Amazon looks to raise at least US$37 billion through potentially one of the biggest corporate bond offerings ever

Amazon.com Inc. has kicked off what is likely to be one of the biggest corporate bond offerings ever , in the latest blockbuster fundraising to…

Subprime firm Goeasy dives 39% as trouble emerges in auto loans

Canadian subprime lender Goeasy Ltd. suspended its dividend, withdrew its outlook and said it will write off an additional $233 million in consumer loans ,…

Wall Street is optimistic that worst of software wipeout is over

After months of heavy selling on fears of artificial-intelligence disruption , software stocks appear to have found a bottom — at least for now. The…

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