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Overheated stock market at risk of bubble in a disconnect from economy, experts say
TORONTO — “We’re all in this together” has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much bett
Feb 15, 2021 1:07 PM
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Canadian funds move forward with Bitcoin ETFs after regulatory jockeying
TORONTO — Bitcoin-based exchange traded funds are getting the go-ahead from Canadian regulators, creating a path for a fund structure that investment managers say is unique in the industry.
Feb 15, 2021 12:32 PM
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SNC-Lavalin gets first U.S. contract for hydroelectric engineering services
MONTREAL — SNC-Lavalin Group Inc. says it has inked its first hydroelectric engineering contract in the U.S., offering services for projects in Pennsylvania as the U.S. government moves to provide more support for clean energy efforts.
Feb 15, 2021 12:29 PM
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UK opens quarantine hotels, pushes on with vaccine drive
LONDON — Britain’s newly established quarantine hotels received their first guests on Monday as the government tries to prevent new coronavirus variants from derailing a fast-moving vaccination drive that has delivered more than 15 million shots in t
Feb 15, 2021 11:11 AM
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Suburbs lead the way in housing completions as starts also climb: CMHC
The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and Housing Corp.
Feb 15, 2021 10:07 AM
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Manufacturing sales hit $54.2 billion in December as renos push up lumber prices
OTTAWA — Statistics Canada says manufacturing sales rose 0.9 per cent to $54.2 billion in December, led by sales of wood products, transportation equipment, and petroleum and coal products.
Feb 15, 2021 9:53 AM
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Russian cargo ship launched to International Space Station
MOSCOW — An unmanned Russian cargo ship launched successfully Monday with a load of supplies for the International Space Station. The Progress MS-16 cargo ship blasted off as scheduled at 9:45 a.m.
Feb 15, 2021 3:34 AM
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Major Australian media company strikes Google news pay deal
CANBERRA, Australia — Seven West Media has become the largest Australian news media business to strike a deal with Google to pay for journalism in a partnership announced Monday before the nation's Parliament considers draft laws to force digital gia
Feb 15, 2021 3:05 AM
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Philippine reopening of theatres, arcades pushed back
MANILA, Philippines — The Philippine government's approval of the reopening of many movie theatres , video game arcades and other leisure businesses shut since last year was postponed at least another two weeks after mayors feared it will bring new c
Feb 15, 2021 3:02 AM
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Namibia closes state-owned Air Namibia citing big losses
WINDHOEK, Namibia — The government of Namibia has closed the southern African country's state-owned airline, Air Namibia, saying that it can no longer afford the financial losses.
Feb 15, 2021 3:02 AM
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