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Texas power company seeks bankruptcy protection after storm

Texas power company seeks bankruptcy protection after storm

The largest and oldest power co-operative in Texas is filing for bankruptcy protection, citing last month’s winter storm that left millions without power, and it is unlikely to be the last utility to seek shelter in the courts.
Saskatchewan's finance minister hints province won't eliminate deficit by 2024

Saskatchewan's finance minister hints province won't eliminate deficit by 2024

REGINA — Saskatchewan's finance minister says a slower recovery from the COVID-19 pandemic means it's going to be tough to eliminate the province's deficit by 2024 and the government is likely to pick a new goal.
Rally drives TSX to biggest gain in a month on relief from easing of bond yields

Rally drives TSX to biggest gain in a month on relief from easing of bond yields

TORONTO — Canada's main stock index posted its best performance in a month on relief from a stabilization of bond yields and further signs of a global economic recovery. The S&P/TSX composite index closed up 239.36 points to 18,299.62.
Air Canada makes Jazz Aviation sole operator of Express regional flights

Air Canada makes Jazz Aviation sole operator of Express regional flights

TORONTO — Air Canada is simplifying its regional operations amid COVID pressures by reaching a deal to make Chorus Aviation Ltd.'s Jazz Aviation subsidiary the exclusive operator of Air Canada Express flights.
Calgary home sales, prices spike in February while inventory remains low: CREB

Calgary home sales, prices spike in February while inventory remains low: CREB

CALGARY — The Calgary Real Estate Board said Monday that the market has faced low inventory levels compared to sales for the past several months, while prices continued to climb.
Canada's C-Suite flocks to emerging audio app Clubhouse, but long-term appeal unclear

Canada's C-Suite flocks to emerging audio app Clubhouse, but long-term appeal unclear

TORONTO — When earnings season rolls around, Duncan Fulton spends days preparing for calls with media, analysts and investors, but hardly ever gets a chance to deliver his messages directly to the people who frequent his Tim Hortons coffee shops or P
Locks down: German hairdressers reopen despite virus fears

Locks down: German hairdressers reopen despite virus fears

BERLIN — Germans flocked to the salons Monday as hairdressers across the country reopened after a 2 1/2 -month closure, another cautious step toward normality as Germany balances a desire to loosen restrictions with concerns about more contagious vir
Torstar plans to start an online casino betting business later this year

Torstar plans to start an online casino betting business later this year

TORONTO — Torstar Corp. is making a gamble of its own with plans to start an online casino betting business in 2021 once it goes through a consultation and approval process with the Ontario government, the publishing company announced Monday.
US manufacturing activity jumps to 3-year high in February

US manufacturing activity jumps to 3-year high in February

WASHINGTON — U.S. manufacturing expanded in February at the fastest pace three years with the arrival of a surge in new orders. The Institute for Supply Management reported Monday that its gauge of manufacturing activity rose to a reading of 60.
US probing engine fires in nearly 1.9M Toyota RAV4 SUVs

US probing engine fires in nearly 1.9M Toyota RAV4 SUVs

DETROIT — The U.S. government is investigating complaints of engine compartment fires in nearly 1.9 million Toyota RAV4 small SUVs.