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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Household debt: Statistics Canada will release its household debt data for the first quarter on Monday.
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The AP Interview: Sri Lanka PM says he's open to Russian oil

The AP Interview: Sri Lanka PM says he's open to Russian oil

COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis , the newly appointed prime minister said.
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Loretta Rogers, director and matriarch of Rogers Communications Inc., dies at 83

Loretta Rogers, director and matriarch of Rogers Communications Inc., dies at 83

VANCOUVER — Loretta Rogers, the matriarch of the Rogers family and long-time director at telecom giant Rogers Communications Inc., has died at the age of 83.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,274.82, down 289.07 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Down 61 cents, or two per cent, to $30.09 on 12.5 million shares.
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US inflation at new 40-year high as price increases spread

US inflation at new 40-year high as price increases spread

WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.
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Hot U.S. inflation numbers sink North American stock markets ahead of Fed meeting

Hot U.S. inflation numbers sink North American stock markets ahead of Fed meeting

TORONTO — Higher-than-expected U.S. inflation prompted a selloff across North American stock markets as investors fear the Federal Reserve will hike interest rates even more aggressively and push the economy into recession.
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Ranchers' group pushes back against Health Canada's 'vilification' of beef

Ranchers' group pushes back against Health Canada's 'vilification' of beef

CALGARY — A group representing Canadian ranchers says their industry has been unfairly singled out by proposed new regulations that would require packaged ground beef to be sold with a health warning label.
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Stocks dive to another losing week as inflation worsens

Stocks dive to another losing week as inflation worsens

NEW YORK (AP) — Wall Street’s shuddering realization that inflation got worse last month, not better as hoped, sent markets reeling on Friday. The S&P 500 sank 2.
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Half a million passengers faced delays on international flights at Pearson in May

Half a million passengers faced delays on international flights at Pearson in May

"Pearson airport is hell on earth." So declared Ryan Whitney, a former NHLer, in a social media post from Toronto’s main airport this week.
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Charter tuna boat captains in P.E.I. hope for mackerel closure exemption

Charter tuna boat captains in P.E.I. hope for mackerel closure exemption

NORTH LAKE, PRINCE EDWARD ISLAND — A sport fishing industry that is synonymous with Prince Edward Island is hoping for an exemption to the recent closure of the Atlantic mackerel fishery, which is its primary source of bait.
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