Business

Union says Canada Post won’t meet it ‘halfway’ on arbitration, prolonging deadlock

OTTAWA — The union representing 55,000 postal employees says Canada Post is refusing to meet it "halfway" on arbitration, with talks stalled and the two sides still far apart. In an update Tuesday, the...

2h ago

New AI minister says Canada won’t ‘over-index’ on AI regulation

OTTAWA — Canada's new minister of artificial intelligence said Tuesday he'll put less emphasis on AI regulation and more on finding ways to harness the technology's economic benefits. In his first speech...

4h ago

With reporters shot and roughed up, advocates question whether those covering protests are targets

More than two dozen journalists have been injured or roughed up while covering protests against immigration raids in Los Angeles, leading press freedom groups to question whether law enforcement has been...

2h ago

Disney to pay almost $439 million to take full control of streaming service Hulu

Disney will pay Comcast's NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. The move closes out an appraisal process that's dragged on...

7h ago

Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Citing “a substantial rise in trade...

7h ago

Number of Canadians returning from U.S. trips down again in May: StatCan

OTTAWA — Canadians continued to avoid making trips to the U.S. in May, according to preliminary data from Statistics Canada. Statistics Canada said Tuesday return trips by Canadian residents by air from...

7h ago

Cineplex reports $55.3M May box office revenue up from $33.9M a year ago

TORONTO — Movie theatre company Cineplex Inc. reported its May box office report rose compared with a year ago helped by Final Destination: Bloodlines, Lilo & Stitch, and Mission: Impossible –...

11h ago

Auditor general finds F-35 costs soared due to project delays, pilot shortages

OTTAWA — The estimated cost of Canada’s incoming fleet of advanced stealth fighters exploded by nearly 50 per cent in just a few years, auditor general Karen Hogan said Tuesday. The fighter jet audit...

5h ago

US stocks drift closer to their record as Wall Street waits to see what US-China talks will bear

NEW YORK (AP) — U.S. stocks drifted closer to their all-time high on Tuesday as the wait continued to hear what will come of trade talks between the United States and China. The S&P...

1h ago

Elbows-up tourism surge could see sector ‘eke out’ a gain even as Americans stay away

From the front desk of Hotel Bedford in Goderich, Ont., Lynda Cross welcomes guests from regions ranging from southern Ontario to the South Pacific. “A lot of them come from Toronto,” said the manager,...