Dollar soft after as US yields break
HONG KONG (Reuters) – The dollar was on the back foot on Thursday after tumbling overnight, particularly against sterling and the euro, as US yields paused their market higher, …
Tag: Canada
FOREX-Euro tumbles vs major currencies, dollar jumps; Ukraine conflict intensifies
(Updates with midday U.S. trading, adds NEW YORK dateline, byline) By Caroline Valetkevitch and Joice Alves NEW YORK/LONDON, March 4 (Reuters) - The euro fell against major currencies and …
Royal Bank CEO calls for ‘orderly’ climate transition amid criticism
Wet’suwet’en Chiefs Namoks, left, Madeek, centre, and Gisdywa traveled to confront and protest Royal Bank of Canada’s funding of Coastal GasLink pipeline and other fossil fuel investments in Toronto …
Dirty Dozen 2022: US produce with the most and least pesticides
Strawberries and spinach continue to top the annual list of the “Dirty Dozen” fruits and veggies in the US that contain the highest levels of pesticides, followed by three …
Why Canadian Oil Firms Might Be The Safest Bet As Prices Rise
The latest oil price rally seems to have sparked the interest not just of private equity firms after years of crowding the ESG space but of other investors, too. …
Ontario, feds to each spend $259M to help transform GM plants in Oshawa, Ingersoll
The Ontario and federal governments will each spend $259 million to help General Motors Canada support and transform the company’s Oshawa and CAMI manufacturing plants. Ontario Premier Doug Ford …
Ottawa expands access to temporary foreign workers to ease labor crunch
Sunterra Farms salami processing plant in Acme, Alta., on Oct. 14, 2021.Jeff McIntosh/The Globe and Mail The federal government is allowing Canadian employers to hire significantly more temporary foreign …
As inflation soars and wages stay stagnant, Bank of Canada survey signals pressure to move aggressively on rate hikes
Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa on March 3.BLAIR GABLE/Reuters Canadians are increasingly worried that consumer prices will keep shooting up …
Canada’s businesses say they are facing unprecedented woes | Business and Economy News
The central bank’s survey of executives paints a picture of an economy still pressed to its limits. Canadian businesses are facing unprecedented challenges meeting demand, along with elevated expectations …
Elon Musk takes 9.2 per cent stake in Twitter
Tesla CEO Elon Musk has taken a 9% stake in Twitter to become its largest shareholder after raising questions about the social media platform’s dedication to free speech. The …
Why Benadryl is not recommended as 1st choice for allergy medication
More than two years after allergy experts recommended newer antihistamines and warned against using Benadryl as a first-line treatment, many Canadians are still reaching for that recognizable brand name …
Toronto warehouse workers at grocery giant Metro trigger strike
Workers at a distribution warehouse in Etobicoke, Ont., that supplies Metro and Food Basics grocery stores agreed to strike Saturday, their union says. More than 900 full-time staff work …