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What's Up Wednesday
Former Liberal MP warns of tough times ahead with U.S. over NATO spending target
OTTAWA — Retired Lt.-Gen. Andrew Leslie says Canada will soon face a rough ride from the U.S. for failing to meet its defence spending targets after the dramatic political comeback of president-elect Donald Trump.
Nov 7, 2024 12:16 PM
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NDP calls on federal government to allow open work permits for temporary workers
OTTAWA — A parliamentary committee is calling on the government to change how it handles permits for temporary workers, after a UN report said the system creates "a breeding ground for contemporary forms of slavery.
Nov 7, 2024 12:02 PM
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AI, oh my: Three ways this local town is embracing new technology
Innisfil's chief financial officer discusses the ways in which the municipality is using artificial intelligence and data analysis to help make local government run more efficiently
Nov 7, 2024 12:00 PM
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Quebecor reports Q3 profit and revenue down from year ago
Quebecor Inc. reported its third-quarter profit and revenue edged lower compared with a year ago. The company said its net income attributable to shareholders amounted to $189 million or 81 cents per share for the quarter ended Sept. 30.
Nov 7, 2024 11:58 AM
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Freshman Democrat Val Hoyle wins reelection to US House in Oregon’s 4th Congressional District
PORTLAND, Ore. (AP) — Democratic U.S. Rep. Val Hoyle has won reelection in Oregon’s 4th Congressional District.
Nov 7, 2024 11:50 AM
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Manulife reports earnings up on Asia growth, says adding more AI tools
TORONTO — Manulife Financial Corp. reported a profit increase last quarter that was driven by growth in Asia, while the company says it's also seeing a boost from its push into artificial intelligence.
Nov 7, 2024 11:49 AM
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Hundreds will lose access to safe consumption when some Toronto sites close: study
TORONTO — Hundreds of people will lose access to supervised consumption sites in Toronto when the province closes five of them next year, which will likely mean more public drug use and more overdoses, a new study suggests.
Nov 7, 2024 11:49 AM
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Aircraft maker Bombardier reports US$117M Q3 profit, revenue up 12% from year ago
MONTREAL — Bombardier Inc. reported a third-quarter profit of US$117 million compared with a loss of US$37 million a year earlier as its revenue rose 12 per cent amid growth in its services business. The aircraft maker, which keeps its books in U.S.
Nov 7, 2024 11:47 AM
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Canada Goose trims guidance as second-quarter revenue drops ahead of peak season
TORONTO — Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago, thanks in part to weaker consumer confidence.
Nov 7, 2024 11:44 AM
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S&P/TSX composite index up more than 100 points, U.S. stock markets mixed
TORONTO — Canada's main stock index was up more than 100 points in late-morning trading, helped by strength in the base metal and technology sectors, while U.S. stock markets were mixed. The S&P/TSX composite index was up 133.74 points at 24,771.
Nov 7, 2024 11:37 AM
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