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Under pressure from crypto miners, NB Power places pause on electricity requests
FREDERICTON — New Brunswick's electric utility imposed a moratorium on providing new service to cryptocurrency mining operations last year, saying it was concerned about its ability to meet the increasing demands from the power-hungry sector.
May 1, 2023 1:05 PM
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Stop-work order after fire at Nova Scotia's Donkin coal mine, no injuries reported
HALIFAX — A weekend fire at Cape Breton’s Donkin coal mine has resulted in a precautionary halt placed on the underground operation by provincial safety officials.
May 1, 2023 12:22 PM
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Vancouver port traffic dips in 2022, hinting at economic slowdown to come
MONTREAL — Cargo volumes at Canada's largest port fell by three per cent last year as the global economy began to show signs of a slowdown.
May 1, 2023 12:04 PM
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Calgary sets new April record as benchmark price hits $550,800: board
CALGARY — The Calgary Real Estate Board says the city set a new April record last month as the benchmark price of a home sold reached $550,800. The Alberta board says the price amounts to a two per cent increase from March and a 1.
May 1, 2023 11:52 AM
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WestJet closes deal to buy Sunwing Vacations and Sunwing Airlines
MONTREAL — WestJet Airlines' purchase of Sunwing's main airline and vacation divisions became official Monday in a major consolidation of the Canadian aviation market following a tumultuous year for travel.
May 1, 2023 11:40 AM
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Wage increases secured by striking workers shouldn't be seen as 'fat cat': experts
TORONTO — Labour experts say the wage increases the country's largest federal public-sector union secured Monday are far from the hefty gains some might perceive them to be. The experts say the 12.
May 1, 2023 11:27 AM
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'Godfather of AI' quits Google to talk more openly about the technology's 'dangers'
TORONTO — One of the godfathers of artificial intelligence says he has left Google so he can more freely discuss the dangers of the technology.
May 1, 2023 9:05 AM
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Enbridge buys underground natural gas storage facility from Fortis for $400 million
CALGARY — Enbridge Inc. has signed a deal to buy a large underground natural gas storage facility in B.C. for $400 million. Under the agreement with FortisBC Holdings Inc., Enbridge will acquire the company's interest in FortisBC Midstream Inc.
May 1, 2023 5:55 AM
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Air cargo company Cargojet reports $30.5M Q1 profit, revenue down from year ago
MISSISSAUGA, Ont. — Air cargo company Cargojet Inc. reported a first-quarter profit of $30.5 million as its revenue edged lower to start the year.
May 1, 2023 5:44 AM
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British shops in Canada see demand for King Charles goods, despite royal drama
When Queen Elizabeth died in September, Carl Hulme happened to be in England — the perfect spot to scoop up commemorative fine bone china, tea towels and canvas bags to stock his Blimeys British Store and Gift Shop in Essex, Ont.
May 1, 2023 1:00 AM
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