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Federal government delivers $9.7 million to support Alberta jobs, hydrogen industry

Federal government delivers $9.7 million to support Alberta jobs, hydrogen industry

EDMONTON — The federal government delivered nearly $10 million Tuesday to support Alberta's growing hydrogen industry as the province continues to accuse Ottawa of wanting to shut down jobs in its energy sector.
ICBC president Nicolas Jimenez leaves to take the top job at BC Ferries

ICBC president Nicolas Jimenez leaves to take the top job at BC Ferries

VICTORIA — The president and CEO of the Insurance Corporation of B.C. is leaving to take on the same job at BC Ferries. The insurance corporation says in a news release that Nicolas Jimenez has been with them for almost 20 years.
S&P/TSX composite posts small gain, U.S. markets mixed

S&P/TSX composite posts small gain, U.S. markets mixed

TORONTO — Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed. The S&P/TSX composite index was up 67.13 points at 20,457.46.
Food inflation remains stubbornly high despite efforts to quell inflation

Food inflation remains stubbornly high despite efforts to quell inflation

TORONTO — Food inflation outpaced overall inflation for months, with grocery prices hitting double-digit increases in 2022, and economists say it will take longer to subside than overall inflation.
Lawyer for ex-OPSEU president says union's allegations untrue

Lawyer for ex-OPSEU president says union's allegations untrue

TORONTO — A lawyer for the former president of the Ontario Public Service Employees Union says allegations of financial improprieties in a lawsuit launched by the union are untrue.
Stocks close mixed on Wall Street in uneven trading

Stocks close mixed on Wall Street in uneven trading

NEW YORK — Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week. The S&P 500 fell 0.2% Tuesday and the Nasdaq edged up 0.1%. The Dow Jones Industrial Average fell 1.
Bombardier says 2022 revenue hit US$6.9B, cash flow US$735M in preliminary results

Bombardier says 2022 revenue hit US$6.9B, cash flow US$735M in preliminary results

MONTREAL — Bombardier is set to beat its own financial results expectations for 2022, the company said Tuesday as it released preliminary results.
Despite inflation slowing in December, Bank of Canada still expected to hike rates

Despite inflation slowing in December, Bank of Canada still expected to hike rates

OTTAWA — Canada's annual inflation rate slowed last month but economists are still expecting the Bank of Canada to hike its key interest rate next week.
At Davos, Ukraine's first lady urges support for her nation

At Davos, Ukraine's first lady urges support for her nation

DAVOS, Switzerland (AP) — Ukraine’s first lady on Tuesday pressed world leaders and corporate executives at the World Economic Forum’s annual gathering to do more to help her country at a time when Russia's invasion is leaving children dying and the
E-commerce company Lightspeed cutting about 300 jobs

E-commerce company Lightspeed cutting about 300 jobs

Lightspeed Commerce Inc. is cutting about 300 jobs as part of a reorganization meant to unify a slew of companies it bought in recent years.