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S&P/TSX composite posts rebound as oil prices rise, while shine comes off gold

S&P/TSX composite posts rebound as oil prices rise, while shine comes off gold

TORONTO — Canada's main stock index rebounded as higher crude oil prices powered the energy sector while a hawkish tone from the U.S. Fed took the shine off gold. The S&P/TSX composite index closed up 32.54 points to 21,072.20.
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Worker killed, 2 injured, in truck crash at Suncor mine site

Worker killed, 2 injured, in truck crash at Suncor mine site

CALGARY — A worker was killed and two others injured in a truck crash at Suncor Energy Inc.'s Base Mine site near Fort McMurray, Alta on Thursday. The incident occurred around 6:30 a.m.
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Flight cancellations mount as Canadian airlines struggle with staff shortages

Flight cancellations mount as Canadian airlines struggle with staff shortages

MONTREAL — Canadian airlines are slashing their flight schedules as the COVID-19 pandemic continues to wreak havoc on air industry plans and profits. Transat A.T. is nixing nearly 30 per cent of its flights for the next two months.
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Dozens of protesters, 12 police dead in Kazakhstan protests

Dozens of protesters, 12 police dead in Kazakhstan protests

MOSCOW (AP) — Security forces in Kazakhstan killed dozens of protesters and 12 police officers died in an eruption of violence that saw demonstrators storm government buildings and set them on fire, authorities said Thursday.
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Vinyl popularity softens decline of Canadian album sales: industry report

Vinyl popularity softens decline of Canadian album sales: industry report

TORONTO — Ten years ago, it would've been unthinkable that vinyl records could soften the decline of Canadian music sales, but a new industry roundup says renewed popularity in the physical discs did just that in 2021.
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How to minimize maintenance fee shocks when shopping for a condo

How to minimize maintenance fee shocks when shopping for a condo

TORONTO — There’s no avoiding maintenance fees if you buy a condo, but there are ways to reduce the risk of nasty surprises down the road.
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Merchandise trade surplus $3.1 billion in November, Statistics Canada reports

Merchandise trade surplus $3.1 billion in November, Statistics Canada reports

OTTAWA — Canada's merchandise trade surplus rose to $3.1 billion in November, despite the disruptions caused by flooding and landslides in B.C., Statistics Canada said Thursday. The agency said the result compared with a revised surplus of $2.
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Nearly 5,000 layoffs at Cineplex after Ontario closes movie theatres

Nearly 5,000 layoffs at Cineplex after Ontario closes movie theatres

TORONTO — Cineplex Inc. says it has temporarily laid off nearly 5,000 part-time employees because of mandated closures of its Ontario movie theatres to tackle the surge of the Omicron variant.
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Music: 2021 was a good year for Wallen, Adele - and vinyl

Music: 2021 was a good year for Wallen, Adele - and vinyl

NEW YORK (AP) — New data from the music industry confirms what a lot of people long suspected — 2021 was a very good year for Morgan Wallen, Adele and vinyl.
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November trade deficit hits near record-high $80.2 billion

November trade deficit hits near record-high $80.2 billion

WASHINGTON (AP) — The U.S. trade deficit surged to a near-record high of $80.2 billion in November as exports slowed at the same time that imports jumped sharply. The November deficit was 19.3% higher than the October deficit of $67.
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