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Vale announces official opening of $945M Copper Cliff Complex South Mine Project

Vale announces official opening of $945M Copper Cliff Complex South Mine Project

SUDBURY, Ont. — Vale Canada Ltd. unveiled the first phase of its $945-million Copper Cliff Mine Complex South Project on Thursday, predicted to double ore production at the Sudbury, Ontario-based mine.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,613.63, up 407.35 points): Enbridge Inc. (TSX:ENB). Energy. Up $1.84, or 3.74 per cent, to $51.10 on 10.5 million shares.
Netflix Canada launches ad-supported tier for $5.99 on Nov. 1

Netflix Canada launches ad-supported tier for $5.99 on Nov. 1

TORONTO — Netflix is giving Canadian viewers the option for a cheaper monthly subscription plan — as long as they're willing to sit through commercial breaks. The streaming giant said it has marked Nov.
Lebanon's president approves historic Israel sea border deal

Lebanon's president approves historic Israel sea border deal

BEIRUT (AP) — Lebanon's President Michel Aoun said Thursday that the cash-strapped country has approved a U.S.-mediated maritime border deal with Israel.
Putin suggests turning Turkey into gas hub for Europe

Putin suggests turning Turkey into gas hub for Europe

ANKARA, Turkey (AP) — Russian President Vladimir Putin on Thursday doubled down on his proposal to turn Turkey into a gas hub for Europe after deliveries to Germany through the Baltic Sea's Nord Stream pipeline were halted.
Worsening inflation will pressure Fed to keep raising rates

Worsening inflation will pressure Fed to keep raising rates

WASHINGTON (AP) — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and ensuring that the Federal Reserve will keep raising interest rates
Air Canada responds to international travel demand with summer route expansion

Air Canada responds to international travel demand with summer route expansion

MONTREAL — Air Canada announced new European routes and plans to resume select routes to Japan this summer, in an effort to expand international services.
CMHC deputy chief economist predicts 15% housing price drop by Q2 2023

CMHC deputy chief economist predicts 15% housing price drop by Q2 2023

Canada Mortgage and Housing Corp. is predicting housing prices will continue to drop in 2023, but is warning the fall will do little for affordability.
Social Security benefits to jump by 8.7% next year

Social Security benefits to jump by 8.7% next year

WASHINGTON (AP) — Millions of Social Security recipients will get an 8.7% boost in their benefits in 2023, a historic increase but a gain that will be eaten up in part by the higher cost of everyday living.
Average long-term US mortgage rates up another quarter point

Average long-term US mortgage rates up another quarter point

WASHINGTON (AP) — Average long-term U.S.