Tag Archives: business

OTTAWA - The federal government says it ran a budgetary deficit of $282.6 billion through 11 months of its fiscal year as revenues dropped and pandemic aid continued to flow. The deficit from April to...

MONTREAL - Bell has signed a deal to buy the promoter of the Formula 1 Canadian Grand Prix in a move it says will bring financial stability to the race.Financial terms of the agreement for Montreal's ...

FRANKFURT - Europe's economy shrank 0.6% in the first three months of the year as slow vaccine rollouts and extended lockdowns delayed a hoped-for recovery - and underlined how the region is lagging o...

OTTAWA - The Senate has passed legislation that will force 1,150 striking employees back to work at the Port of Montreal. The House of Commons approved the bill early Thursday morning, with the Conser...

BILLINGS, Mont. - U.S. officials said they will consider in coming years whether to reintroduce wild bison to a million-acre (400,000-hectare) federal wildlife refuge in central Montana, a move that w...

ROME - Pope Francis set a 40-euro ($48) gift cap for all Vatican employees Thursday and issued a new law requiring Vatican cardinals and managers to periodically report on their compliance with clean ...

OTTAWA - A group representing thousands of Indigenous-led tourism operators says it doesn't think the recent federal budget will do enough to help the industry avoid collapse. The Indigenous Tourism A...

DETROIT - Engineers at General Motors have figured out how to fix a battery problem with the Chevrolet Bolt electric hatchback that caused five of them to catch fire. The company says they developed d...

FRANKFURT - Germany's Daimler Truck AG and Sweden's Volvo Group say they plan to jointly manufacture hydrogen fuel cells for trucks in Europe starting in 2025 and called on European Union policymakers...

SILVER SPRING, Md. - More Americans signed contracts to buy homes in March after two months of declines, pointing to a healthy housing market as summer approaches and the economy continues what is sha...