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Technology sector falls as S&P/TSX composite snaps two-day rally

Technology sector falls as S&P/TSX composite snaps two-day rally

TORONTO — Canada's main stock index snapped a two-day rally as the technology sector was weighed down by plunging Nuvei Corp. shares following a critical report by a short seller. The S&P/TSX composite index closed down 85.30 points to 21,077.
Kenney touts 'Alberta is back' in first speech to Calgary Chamber since 2019

Kenney touts 'Alberta is back' in first speech to Calgary Chamber since 2019

CALGARY — Premier Jason Kenney used his first address to the Calgary Chamber of Commerce since the start of the pandemic to tout the recovery of Alberta's economy amid high energy prices.
Dollarama well-stocked for holidays but faces supply chain, inflation pressures

Dollarama well-stocked for holidays but faces supply chain, inflation pressures

Dollarama Inc. says it's well-stocked for the busy holiday shopping period despite facing ongoing supply chain issues, inflationary pressure and a tight labour market across Canada.
Mark Carney, Stephen Bown named co-winners of National Business Book Award

Mark Carney, Stephen Bown named co-winners of National Business Book Award

TORONTO — Former Bank of Canada governor Mark Carney and historical author Stephen Bown have been named as co-winners of the National Business Book Award.
Gap agrees to $200,000 fine for allegedly violating Canada's anti-spam law: CRTC

Gap agrees to $200,000 fine for allegedly violating Canada's anti-spam law: CRTC

OTTAWA — Canada's telecommunications regulator says Gap Inc. has agreed to pay $200,000 for allegedly violating Canada's anti-spam legislation. The CRTC says it sent a warning letter to the U.S.
Hallmark takes familiar holiday role; NFL leads prime time

Hallmark takes familiar holiday role; NFL leads prime time

NEW YORK (AP) — It has the makings of a blue Christmas for Leah. She's turning 30 on Christmas Eve, the same day she'll be a bridesmaid at her brother's wedding. But wait — her childhood crush is back in town.
Canadian Pacific shareholders green-light purchase of Kansas City Southern

Canadian Pacific shareholders green-light purchase of Kansas City Southern

CALGARY — Canadian Pacific Railway Ltd. says shareholders have given a big thumbs-up to its deal to buy U.S. railway Kansas City Southern. CP says its stockholders voted 99.
US businesses advertised near-record 11 million open jobs

US businesses advertised near-record 11 million open jobs

WASHINGTON (AP) — U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
Companies in race to develop sustainable jet fuel in face of climate crisis

Companies in race to develop sustainable jet fuel in face of climate crisis

CALGARY — When United Airlines flew a plane full of passengers from Chicago to Washington, D.C. on Dec. 1, it did it with one engine 100 per cent powered by fuel made from corn sugar. It was a historic first, according to the airline.
Cannabis company Tilray buys Breckenridge Distillery in move to grow U.S. business

Cannabis company Tilray buys Breckenridge Distillery in move to grow U.S. business

TORONTO — Cannabis company Tilray Inc. says it has signed a deal to buy Breckenridge Distillery, a Colorado-based producer of whiskey and other spirits. Financial terms of the agreement were not immediately available.