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Air Canada profits soar as travel demand stays high

Air Canada profits soar as travel demand stays high

MONTREAL — Air Canada reported soaring profits in its latest quarter as consumers continued to spend big on travel, despite higher inflation and interest rates weighing on their wallets.
St. Lawrence Seaway traffic starts moving as strike ends, but backlogs persist

St. Lawrence Seaway traffic starts moving as strike ends, but backlogs persist

TORONTO — Cargo is moving again on the St.
Young Canadians more anxious about debt, more likely to miss a bill payment: Equifax

Young Canadians more anxious about debt, more likely to miss a bill payment: Equifax

TORONTO — Young Canadians are more anxious about their personal debt and more likely to have missed a bill payment this year, according to Equifax Canada.
Meta launches business verification program in Canada for $36.99 per month

Meta launches business verification program in Canada for $36.99 per month

Canadian businesses using Facebook or Instagram have a new way to mark their authenticity. The platforms' owner, Meta Platforms Inc.
Some striking UAW members carry family legacies, Black middle-class future along with picket signs

Some striking UAW members carry family legacies, Black middle-class future along with picket signs

WAYNE, Mich. (AP) — As Britney Johnson paced the picket line outside Ford's Wayne Assembly plant, she wasn't just carrying a sign demanding higher pay and other changes.
McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations

McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations

McDonald's said it's pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers. The burger giant reported better-than-expected sales in the third quarter Monday.
Teck Resources president and COO Harry Conger to retire Wednesday

Teck Resources president and COO Harry Conger to retire Wednesday

VANCOUVER — Teck Resources Ltd. says Harry (Red) Conger will retire as president and chief operating officer, effective Wednesday. He is also expected to step down from Teck’s board of directors at the same time.
When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

As tougher lending requirements have more homeowners turning to the private mortgage market, brokers say having a strategy to eventually get out of the loan is crucial, or they risk falling into a debt trap that could eventually lead to a ‘For Sale’
Unifor says tentative deal reached to end strike at St. Lawrence Seaway authority

Unifor says tentative deal reached to end strike at St. Lawrence Seaway authority

A strike that shuttered operations through the St. Lawrence Seaway for the past week came to an end on Sunday as both the union and employer announced they had reached a tentative contract with help from federal mediators. Neither the St.
Hurricane Otis death toll rises to 43, missing now number 36 as search and recovery work continues

Hurricane Otis death toll rises to 43, missing now number 36 as search and recovery work continues

ACAPULCO, Mexico (AP) — At least 43 people died when Category 5 Hurricane Otis slammed into Mexico’s southern Pacific coast, the governor of hard-hit Guerrero said Sunday as the death toll continued to climb. Gov.