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Compensation questions loom for Air Canada customers with cancelled flights

Compensation questions loom for Air Canada customers with cancelled flights

MONTREAL — Consumer rights advocates are demanding Air Canada provide compensation to many of the hundreds of thousands of passengers whose summer flights it cancelled — but whether the airline plans to concede remains up in the air.
Stocks slump, closing out worst quarter since early 2020

Stocks slump, closing out worst quarter since early 2020

NEW YORK — Stocks fell again on Wall Street Thursday, closing out the worst quarter for the market since the onset of the pandemic in early 2020. The S&P 500 index lost 0.9%.
Calgary Stampede receives $10M from federal government to aid recovery from pandemic

Calgary Stampede receives $10M from federal government to aid recovery from pandemic

CALGARY — The Calgary Stampede has received more than $10 million from the federal government to help it bounce back after last year's event was scaled down due to the COVID-19 pandemic.
In tight rental market, here's how to prepare for a potential increase at renewal

In tight rental market, here's how to prepare for a potential increase at renewal

TORONTO — The rate advantage city renters saw during the pandemic is fading, making it important for those without rent controls to plan ahead for potentially substantial increases.
OPEC+ oil boost likely not much help to high gasoline prices

OPEC+ oil boost likely not much help to high gasoline prices

NEW YORK (AP) — The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy
Supreme Court limits EPA in curbing power plant emissions

Supreme Court limits EPA in curbing power plant emissions

WASHINGTON (AP) — In a blow to the fight against climate change , the Supreme Court on Thursday limited how the nation’s main anti-air pollution law can be used to reduce carbon dioxide emissions from power plants.
Statistics Canada says economy grew 0.3 per cent in April, but contracted in May

Statistics Canada says economy grew 0.3 per cent in April, but contracted in May

OTTAWA — Economic growth slowed in April and Statistics Canada said Thursday its early estimate for May pointed to a contraction for the month amid weakness in the resource, manufacturing and construction sectors.

EU, New Zealand strike free trade deal after 4 years' talks

BRUSSELS (AP) — The European Union and New Zealand said Thursday they have concluded a free trade deal after four years of negotiations and sealed a partnership to reinforce their cooperation against organized crime and terror groups.
'Hotdogs instead of steaks:' What your Canada Day BBQ will cost with hot inflation

'Hotdogs instead of steaks:' What your Canada Day BBQ will cost with hot inflation

The Canada Day long weekend is the perfect time for burgers on the grill, cold drinks and time with family and friends. Yet a backyard barbecue comes with a bigger price tag this year. Food prices soared 9.
Key inflation gauge tracked by the Fed remains a high 6.3%

Key inflation gauge tracked by the Fed remains a high 6.3%

WASHINGTON (AP) — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.