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Updated: 51 min 26 sec ago

Bill Gates says shift to zero carbon world is an opportunity, not a death knell, for Canada's oilpatch

Tue, 03/02/2021 - 09:31

Gates has spent the last several years examining just how tough the climate change battle will be and admits, "this is going to be harder than any other domain that I've ever worked in.”

Energy-related global emissions up in December despite pandemic

Tue, 03/02/2021 - 08:47

Global energy-related carbon dioxide emissions rose slightly in December compared with the same month of 2019, indicating the sharp drop seen due to the pandemic was short-lived.

2020 was the worst year on record for Canada's economy. It shrank by 5.4%

Tue, 03/02/2021 - 06:16

Canada's economy shrank by 5.4 per cent last year, official data from Statistics Canada showed Monday, making 2020 officially the worst year for the country's economic output since record keeping began.

From pens to planters, this online store only sells items made partly from captured CO2

Tue, 03/02/2021 - 01:00

A wide range of environmentally friendly products already exist, but a new online store offers items made, in part, using greenhouse gas emissions.

Torstar to launch online casino to help fund its journalism

Mon, 03/01/2021 - 08:14

Torstar Corp., owner of the Toronto Star, the Hamilton Spectator and other papers, announced on Monday it plans to launch an online casino betting brand in Ontario this year.

The optimism paradox: Why good news has rattled markets

Mon, 03/01/2021 - 01:00

A global rout in markets, a sell-off in bonds, all due to the prospect of a strengthening economy? The explanation involves the uncertainty of where interest rates go from here if a post-COVID-19 economy gets cooking. 

Sale to cosmetics giant Estée Lauder has some questioning whether Toronto's Deciem will change its foundation

Sun, 02/28/2021 - 01:00

Fans of affordable skincare around the world may be wondering what will happen to their favorite, low-priced brand, now that the successful Canadian maker of The Ordinary has been scooped up by Estée Lauder.

There are new rules this tax season, courtesy of COVID-19. Here's what you need to know

Sat, 02/27/2021 - 01:00

This is going to be a tax season like no other. If you collected government benefits in 2020, you might end up owing more money than in previous years. However, if you spent part of the year working from home, you could wind up with a bigger refund than usual.

WestJet to lay off undisclosed number of pilots amid labour negotiations

Fri, 02/26/2021 - 10:53

WestJet Airlines Ltd. says it is laying off an undisclosed number of pilots amid negotiations with the union that represents them.

Canada Pension Plan chief resigns after getting vaccinated against COVID-19 in Dubai

Fri, 02/26/2021 - 06:22

The chief executive of the fund that manages Canada Pension Plan investments has resigned after it was revealed that he decided to travel to the United Arab Emirates, where he arranged to be vaccinated against COVID-19.

Science will lead the way on border reopening, U.S. secretary of state says

Fri, 02/26/2021 - 03:00

The United States will not be putting an arbitrary timeline on when the Canada-U.S. border should reopen because the Biden administration is going to let science do the talking, said U.S. Secretary of State, Antony Blinken.

Ontario man fined $3.8K at land border crossing amid confusion over who's 'essential'

Fri, 02/26/2021 - 02:00

An Ontario man who says he normally has no problem crossing the Windsor-Detroit border for work was surprised to learn this week he's subject to new rules — because, he was told, he doesn't cross every day.

Alberta's debt soars past $100B, stoking angst in government ranks

Fri, 02/26/2021 - 01:00

Shooting up like a rocket, Alberta's sky-high debt is soaring past the $100-billion mark with the glaring admission there is no plan to restore balance to the books.

Biden's trade pick says she's focused on helping U.S. workers, holding back China

Fri, 02/26/2021 - 01:00

Some cabinet confirmations turn into partisan wrestling matches. By the end of her appearance at the Senate Finance committee Thursday, the confirmation of Katherine Tai as the next United States Trade Representative felt more like a collective laying on of hands.

U.S. ticketing company's box office bust costing grassroots Canadian artists

Fri, 02/26/2021 - 01:00

Seattle-based Brown Paper Tickets is facing complaints and legal action over allegations of not paying artists and event organizers the ticket monies they are owed. Some in the Canadian arts community allege they too have been burned and it's another hit in a year marred by the pandemic.

Site C dam budget nearly doubles to $16B, but B.C. NDP forging on with megaproject

Thu, 02/25/2021 - 22:13

The B.C. NDP government is forging ahead with the Site C dam project after receiving technical reports concluding the project is safe and financial estimates indicating the cost of reversing the project would have a "severe" impact on taxpayers.

Australia's standoff with Facebook has lessons for Canada, publisher says

Thu, 02/25/2021 - 12:47

Newly passed legislation in Australia forces Google and Facebook to pay for news, and Canada can learn from it, according to a Canadian publisher and an Australian media professor.

Imperial Oil reports one-billion-barrel drop in bitumen reserves at end of 2020

Thu, 02/25/2021 - 12:24

Imperial Oil Ltd. is cutting one billion barrels from its inventory of oilsands bitumen following a year marked by low oil prices and budget cutting amid the COVID-19 pandemic and a global price war between major oil producers.

Welcome, Potato Head! Beloved toy goes gender neutral — sort of

Thu, 02/25/2021 - 11:31

Hasbro created confusion on Thursday when it removed the gender from its Mr. Potato Head brand, but not from the actual toy.

Dairy farmers advised to stop adding palm oil to feed as butter controversy heats up

Thu, 02/25/2021 - 07:29

After news coverage of butter becoming harder to melt, possibly due to palm oil additives in cattle feed, the Dairy Farmers of Canada association is recommending that producers stop the practice for the time being.

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