Prime Minister Justin Trudeau has tapped Mark Carney, the former governor of the Bank of Canada, to chair a Liberal party task force on economic growth ahead of the next federal election, the party announced Monday. Carney, whose possible future in politics has been the subject of much speculation, will consult with business, labour and … Read more
Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more
Entertainment giant Paramount will merge with production company Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also signals the rise of a new power player, David Ellison, the founder of Skydance and … Read more
Eleanor Catton is among the five North American authors shortlisted for the second iteration of the Carol Shields Prize for Fiction. The $150,000 USD ($203,971.50 Cdn) prize recognizes the best fiction book by a woman or non-binary writer from the U.S. and Canada. It is presently the largest international literary prize for women writers. Each of the four remaining finalists will … Read more
Boeing CEO Dave Calhoun will step down from the embattled plane-maker at the end of the year as part of a broader management shuffle, capping a tumultuous five-plus years that have shaken faith in one of the U.S.’s most-storied manufacturers. In a letter to employees announcing his departure, Calhoun wrote that the company is focused on returning Boeing “to … Read more
Investigators with the Toronto Police Service (TPS) are reviewing whether illegal activity occurred during a Saturday pro-Palestinian protest that led Prime Minister Justin Trudeau’s team to cancel a reception to host a visiting G7 leader, the TPS said Sunday. The Saturday evening event at the Art Gallery of Ontario was meant to cap off a … Read more
