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Canadian clothing companies lack awareness of child labour risks: Report

Canadian clothing companies lack awareness of child labour risks: Report

OTTAWA — The Canadian Ombudsperson for Responsible Enterprise says Canadian clothing companies have limited awareness about whether child labour could be being used in their global supply chains.
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Zelenskyy seeks weaponry in surprise trips to London, Paris

Zelenskyy seeks weaponry in surprise trips to London, Paris

PARIS (AP) — Ukrainian President Volodymyr Zelenskyy sought Western support for his country in surprise visits to Britain and France on Wednesday, pushing for fighter jets to battle Russian invaders in a dramatic speech to the U.K.
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,679.54, down 45.46): Enbridge Inc. (TSX:ENB). Energy. Down $1.47, or 2.69 per cent, to $53.16 on 13.7 million shares.
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Netflix Canada begins password sharing crackdown, additional members cost $7.99

Netflix Canada begins password sharing crackdown, additional members cost $7.99

TORONTO — Best friends, siblings and cousins across Canada may soon find themselves locked out of a shared Netflix account as the streaming giant begins cracking down on password sharing.
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S&P/TSX composite drifts lower Wednesday, U.S. markets also down

S&P/TSX composite drifts lower Wednesday, U.S. markets also down

TORONTO — Losses in tech, utilities and industrials weighed down gains in some of the other sectors on Canada's main stock index Wednesday, while U.S.
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BoC considered not raising rates last month, but hot economy swayed decision

BoC considered not raising rates last month, but hot economy swayed decision

OTTAWA — The Bank of Canada contemplated not raising interest rates last month but with the economy outperforming expectations, its governing council ultimately decided in favour of one more rate hike before taking a pause.
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Stocks fall on Wall Street, giving back recent gains

Stocks fall on Wall Street, giving back recent gains

NEW YORK (AP) — Wall Street gave back some of its recent gains as uncertainty about interest rates and inflation continued to reign. The S&P 500 fell 1.1% Wednesday, the Nasdaq fell 1.7% and the Dow Jones Industrial Average gave back 0.6%.
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Five key takeaways from the BoC's first summary of interest rate deliberations

Five key takeaways from the BoC's first summary of interest rate deliberations

OTTAWA — In a first for the Bank of Canada, it has released a summary of deliberations by its governing council regarding its policy decision to raise its key interest rate target by a quarter of a percentage point to 4.5 per cent in January.
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Labour shortages could push up wages, 'reignite inflation' in long run, report warns

Labour shortages could push up wages, 'reignite inflation' in long run, report warns

TORONTO — Protracted labour shortages in Canada could fuel more rapid wage growth and inflation over time, potentially prompting the need for higher interest rates long-term, a new RBC Economics report released Wednesday said.
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Oil major TotalEnergies doubles annual profit to $36 billion

Oil major TotalEnergies doubles annual profit to $36 billion

PARIS (AP) — France's TotalEnergies SE doubled its profits in 2022, joining other international oil and gas companies in fattening their bottom lines as high energy prices surged after Russia’s invasion of Ukraine . Adjusted net income rose to $36.
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