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Intact reports record quarter after increasing rates, sees limited direct tariff risk

Intact reports record quarter after increasing rates, sees limited direct tariff risk

TORONTO — Intact Financial Corp. ended last year with its best quarter ever as its rate increases offset rising costs, while the insurer says it should be fairly buffered from potential tariff impacts.
Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown

Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown

WASHINGTON (AP) — President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order this week that would require that U.S. tariffs on imports match the tax rates charged by other countries.
Transportation board says helicopter passenger killed by moving rotor in Nunavut

Transportation board says helicopter passenger killed by moving rotor in Nunavut

AKIMISKI ISLAND, NUNAVUT — A man killed in Nunavut last April by a spinning helicopter tail rotor was a frequent flyer who had been warned about the risks during previous flights, transport officials said Wednesday.
S&P/TSX composite down Wednesday as energy stocks fall, U.S. stocks mixed

S&P/TSX composite down Wednesday as energy stocks fall, U.S. stocks mixed

TORONTO — Canada's main stock index was dragged lower Wednesday by losses in energy stocks, while U.S. stock markets were mixed.
Thomson Reuters scores early win in AI copyright battles in the US

Thomson Reuters scores early win in AI copyright battles in the US

LOS ANGELES (AP) — Thomson Reuters has won an early battle in court over the question of fair use in artificial intelligence-related copyright cases.
Stock market today: Wall Street falls after inflation worsens

Stock market today: Wall Street falls after inflation worsens

NEW YORK (AP) — U.S. stocks fell after a report said inflation is unexpectedly worsening for Americans. The S&P 500 dropped 0.3% Wednesday, though it had been on track for a much worse loss of 1.1% at the start of trading.
Here's the latest as Canada faces U.S. President Donald Trump's tariff threats

Here's the latest as Canada faces U.S. President Donald Trump's tariff threats

OTTAWA — The 13 premiers and Finance Minister Dominic LeBlanc are in Washington, D.C. today looking to convince Republicans that U.S. President Donald Trump's plan to impose steep tariffs on Canada is not in their best interests.
Massive winter storm prompts weather warnings across several provinces

Massive winter storm prompts weather warnings across several provinces

HALIFAX — Environment Canada issued a flurry of weather warnings Wednesday as a huge winter storm was forecast to descend across parts of Ontario and Quebec and quickly spread to Atlantic Canada.
US inflation got worse with rising groceries and gasoline prices

US inflation got worse with rising groceries and gasoline prices

WASHINGTON (AP) — U.S.
Brookfield Asset Management eyes AI investments as infrastructure demand soars

Brookfield Asset Management eyes AI investments as infrastructure demand soars

TORONTO — Artificial intelligence brings massive demand for power and infrastructure and Brookfield Asset Management Ltd. says it is creating big opportunities for companies with the scale to take them on.