Canada’s economy grew 0.3 per cent in April, helped by strength in several industries, including wholesale trade, oil and gas extraction and manufacturing, Statistics Canada said. The data matched expectations as analysts polled by Reuters had forecast 0.3 per cent GDP growth in the month, after zero growth in March. Statistics Canada says the growth in April came as … Read more
Arthur Irving, the hard-charging New Brunswick billionaire who ran Canada’s largest oil refinery, has died at the age of 93. For decades, Arthur Irving ran Irving Oil, including its Saint John refinery. He became famous for his obsession with customer service, especially his unannounced visits to check the cleanliness of Irving gas station washrooms. Irving … Read more
Canada’s economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Canada data showed on Friday. Analysts polled by Reuters had forecast a 0.2 per cent month-over-month rise. September’s GDP was downwardly revised to zero growth from an initial report of … Read more
The United States, Canada and a host of other nations are creating a new force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen, U.S. Defence Secretary Lloyd Austin announced early Tuesday in Bahrain. The seriousness of the attacks, several of … Read more
A Norwegian-owned vessel was attacked in the Red Sea on Monday in a strike that U.S. officials said originated from Yemeni territory controlled by the Iran-aligned Houthi movement. The attack on the M/V Swan Atlantic was the latest in a series on ships sailing the sea since the start of the Gaza war. There was … Read more
