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Fewer Americans file for jobless benefits last week, but applications remain slightly elevated

Fewer Americans file for jobless benefits last week, but applications remain slightly elevated

The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels. Jobless claims for the week of Aug. 3 fell by 17,000 to 233,000 last week, the Labor Department reported Thursday.
TC Energy CEO François Poirier to join CIBC board of directors

TC Energy CEO François Poirier to join CIBC board of directors

TORONTO — CIBC is adding TC Energy Corp. chief executive François Poirier to its board of directors. The major Canadian bank says Poirier will join its board effective Sept. 1.
Can't stomach the wild volatility in the market? Consider these hedging options

Can't stomach the wild volatility in the market? Consider these hedging options

It’s always good to buy insurance before you need it, as some investors might be realizing these days.
One year after news ban, Facebook important source for weather updates in disasters

One year after news ban, Facebook important source for weather updates in disasters

HALIFAX — Residents of small communities across Canada are finding creative ways of getting around Facebook's news blackout to share updates about dangerous weather events, but they say it's still tough to get information to people quickly on the pla
Cascades reports $1M Q2 profit, down from $22M in same quarter last year

Cascades reports $1M Q2 profit, down from $22M in same quarter last year

KINGSEY FALLS, Que. — Cascades Inc. reported its second-quarter profit fell compared with a year ago as its sales edged higher.
Ex-Catalan leader Puigdemont, a fugitive since 2017, returns to Spain. But then he vanishes again

Ex-Catalan leader Puigdemont, a fugitive since 2017, returns to Spain. But then he vanishes again

BARCELONA, Spain (AP) — Police launched a manhunt in Barcelona on Thursday for ex-Catalonia leader and fugitive Carles Puigdemont , a celebrated campaigner for Catalan independence who made a sensational return to Spain and an equally sensational get
Docs about Vice Media, Ontario Place, Indigenous artifacts head to TIFF

Docs about Vice Media, Ontario Place, Indigenous artifacts head to TIFF

TORONTO — Documentaries about the rise and fall of Vice Media and efforts to return cultural artifacts to Indigenous nations are among the projects heading to the Toronto International Film Festival.
MDA Space reports Q2 profit and revenue up from year ago, raises revenue guidance

MDA Space reports Q2 profit and revenue up from year ago, raises revenue guidance

BRAMPTON, Ont. — MDA Space Ltd. reported $11.0 million in net income for its latest quarter compared with $9.9 million in the same quarter last year.
5 people killed in a helicopter crash in the mountains northwest of Nepal's capital

5 people killed in a helicopter crash in the mountains northwest of Nepal's capital

KATHMANDU, Nepal (AP) — All five people on board a helicopter were killed when it crashed Wednesday in the mountains just northwest of Nepal’s capital, authorities said.
Paris Olympics puts dent in Air Canada sales as some travellers avoid France

Paris Olympics puts dent in Air Canada sales as some travellers avoid France

MONTREAL — Air Canada may be the official carrier of Team Canada, but that didn't stop the Paris Olympics from hobbling its summer sales.