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Higher energy prices expected to deliver boost in Alberta budget update

Higher energy prices expected to deliver boost in Alberta budget update

EDMONTON — Alberta's finance minister says the recent bullish run on energy prices is part of a stronger economic story on the province's bottom line that will be revealed in the upcoming second-quarter budget update.
North American stock markets rebound on hopes COVID variant not too severe

North American stock markets rebound on hopes COVID variant not too severe

TORONTO — North American stock markets partially recovered from Friday's steep plunge as crude oil prices rebounded on hopes that the latest COVID variant won't result in new lockdowns.
Turkeys expected to be pricier, harder to find this Christmas

Turkeys expected to be pricier, harder to find this Christmas

CALGARY — Jerry Kamphuis wants his longtime, loyal customers to get first priority this year when it comes to a Christmas turkey. The owner of Country Lane Farms, near Strathmore, Alta.
Macklem says central bank must do more to help Indigenous Peoples in Canada

Macklem says central bank must do more to help Indigenous Peoples in Canada

OTTAWA — The governor of the Bank of Canada says the central bank must do more to create meaningful economic opportunities for Indigenous Peoples in Canada.
Travel industry bracing for customer concerns as Omicron variant emerges

Travel industry bracing for customer concerns as Omicron variant emerges

TORONTO — The emergence of a new COVID-19 variant has Canada's travel industry bracing for an influx of customer concerns and worried about whether the sector's recent rebound will be put on hold again.
Twitter co-founder Jack Dorsey steps down as CEO

Twitter co-founder Jack Dorsey steps down as CEO

NEW YORK — Twitter co-founder Jack Dorsey, who was the social platform's first CEO in 2007 until he was forced out the following year, then returned to the role in 2015, is once again out of the job — this time, he says, by choice.
Vermilion Energy ups stake in Corrib natural gas project off the coast of Ireland

Vermilion Energy ups stake in Corrib natural gas project off the coast of Ireland

CALGARY — Vermilion Energy Inc.
Drought, wildfires, COVID-19 drive up Saskatchewan deficit to record $2.7B

Drought, wildfires, COVID-19 drive up Saskatchewan deficit to record $2.7B

REGINA — Saskatchewan's latest financial report says drought, wildfires and the COVID-19 pandemic have heavily contributed to what is projected to be a record deficit. The mid-year report released Monday shows a deficit of $2.
US stocks edge higher, regaining footing after slump Friday

US stocks edge higher, regaining footing after slump Friday

BEIJING — Stock indexes are edging higher on Wall Street Monday as markets regain their footing following a big stumble on Friday on worries about the spread of the new variant of the coronavirus. The S&P 500 rose 0.8% as of 10:49 a.m. Eastern.
Canadians to get biggest drop in gasoline prices since 2009 over COVID variant fears

Canadians to get biggest drop in gasoline prices since 2009 over COVID variant fears

Canadians should experience the fastest drop in gasoline prices in nearly 13 years on Sunday as fears about a virulent new COVID-19 variant are expected to provide a break of 11 cents per litre at the pumps.