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Teck Resources to split company and spin off steelmaking coal business

Teck Resources to split company and spin off steelmaking coal business

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.
The cost of these grocery items went down in January

The cost of these grocery items went down in January

Statistics Canada said Tuesday that January's grocery prices were up 11.4 per cent from a year ago and 11 per cent from December, even as the country's annual inflation rate slowed to 5.9 per cent last month.
Ukraine appeals to Canada's rail manufacturers to repair war-damaged lifeline

Ukraine appeals to Canada's rail manufacturers to repair war-damaged lifeline

LVIV, Ukraine — Ukraine wants Canada to lend its expertise — and donate crucial railway parts — to keep its embattled passenger and cargo rail system running as landmines and missile strikes threaten to stall the country's lifeline.
Molson Coors reports higher sales in its latest quarter amid net loss

Molson Coors reports higher sales in its latest quarter amid net loss

MONTREAL — Molson Coors Beverage Co. reported a net loss US$590.5 million in its latest quarter, down from a profit of US$80 million in the same period a year ago. The brewer, which reports in U.S.
How young Canadians are taking care of their mental well-being on a budget

How young Canadians are taking care of their mental well-being on a budget

It’s no secret that financial stress can take a toll on your mental health — especially at a time when Canada’s inflation rate remains high, layoffs are making headlines and there is talk of a looming recession.
Here's a list of January inflation rates for selected Canadian cities

Here's a list of January inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 5.9 per cent in January , Statistics Canada says.
Here's a list of January inflation rates for Canadian provinces

Here's a list of January inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 5.9 per cent in January, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 5.5 per cent (5.7) — Prince Edward Island: 7.
Canadian retail sales rose 0.5% to $62.1 billion in December

Canadian retail sales rose 0.5% to $62.1 billion in December

OTTAWA — Statistics Canada says retail sales rose 0.5 per cent to $62.1 billion in December.
Investors flocking to energy transition, TSX Venture 50 list shows

Investors flocking to energy transition, TSX Venture 50 list shows

CALGARY — The latest edition of the TSX Venture 50 list shows investors are increasingly snapping up stocks with any sort of energy transition theme.
Wildly swinging oil prices will continue, and provinces like N.L. can gain: professor

Wildly swinging oil prices will continue, and provinces like N.L. can gain: professor

ST. JOHN'S, N.L. — As the COVID-19 pandemic sent oil prices plummeting to historic lows, emails obtained by The Canadian Press show Newfoundland and Labrador was quietly bracing for two of its offshore oilfields to be abandoned by their owners.